Property Surveys – a Beginner’s Guide

Having a property surveyed is part of the buying-and-selling process.

However, as with most things in life, you can be spoiled for choice with so many options available to you.

One of the main challenges for you as a landlord is to make sure that your rental property is occupied at all times, otherwise you’ll lose income.

How do you go about this, while still finding the right kind of tenants who will look after the house and pay their rent on time?

Houses of Multiple Occupation (HMO) are becoming increasingly popular in the property investment world – and with good reason!

An HMO involves a property being let out to 3 or more people, who are not a collective household, often students sharing a house or singles or couples just wanting to rent a room.

Having a good working relationship with your tenants during a tenancy is important as it means that the experience of buy-to-let is more straightforward.

One of the issues that can cause friction between landlord and tenant is a misunderstanding over the landlord’s right to inspect or view properties that they own.

If you are considering investing in a buy-to-let property, then we have some great advice for you to get you on your way.

Check out these 6 things to remember as you make your decisions on a buy-to-let property –

One of the first and biggest decisions to take when you’re launching out into the world of property investment is what house to buy.

Making the right choice here will stand you in good stead for being able to rent the property out easily, thus ensuring a reliable source of income.

You have found a fantastic investment property, got it for a great price, done any work that needs to be done on it and it’s all ready to be rented out. What next? Finding great tenants for it!

If being involved in property investment has been something that you’ve been thinking about doing for a while now, why not start the New Year with a new property project?

Finding the right house to invest in is the first step as you branch out into this area.

One of the main challenges of being a landlord is having an empty property, as this means a loss of income. Ideally, you’ll have tenants that stay for long periods of time or if they do move on, they are replaced as quickly as possible.

One of the biggest risks when purchasing a property is choosing a place that has issues that you only find out about once the sale has gone through.

Damp can be a big problem to fix as the work will take time to complete, can be complex and will of course cost you money too. Check out these top tips on what damp issues to look for when viewing a prospective property.