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People considering buying buy to let properties have been advised that the properties they invest in must be attractive to the rental market. It may mean property is purchased that the owner does not wish to live in themselves.
For example, successful landlords take on residences that appeal to target demographics and contacting a Lettings Specialist could be a good idea to find out what accommodation is in demand and where.
Furthermore, houses must be prepared for letting, which includes having electric and gas installation inspections and making sure all fittings and fixtures are in line with regulations.
Ian Potter of the Association of Residential Lettings Agents (ARLA) recommended those new to the industry ensure they fully research any agencies before signing up with them to safeguard against unethical companies.
