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10 Ways Landlords in London Can Make 2021 A Success

In this two-minute speed read we look at
10 things you can do as a landlord to make 2021 a year to
remember for all the right reasons.

1 – Review your buy to let mortgages. Great
deals are continually coming to the market. Don’t miss out on significant
savings.

2- Take stock of your insurance arrangements.
Do you have the right amount of cover across the correct areas?

3 – Budget for the unexpected. Always have
a financial buffer in place to protect you just in case you experience voids or
repairs.

4 – Remember the old saying ‘A stitch in
time saves nine’? Well, it also applies to your property’s maintenance. Keeping
on top of issues and maintaining the condition of the home regularly pays
dividends over time.

5 – Start as you mean to go on. A nice
touch is to provide new tenants with a home warming gift.

6 – Show long term tenants you appreciate
them with a gift around their tenancy renewal time.

7 – Choose your letting agent with care.
Look for a good track record and ask to speak with some landlords they
currently work with.

8 – Stay legal. A good letting agent will
help you stay the right side of the reams of regulations, red tape, and
lettings laws.

9 – Be aware that the DIY approach to
lettings comes at a cost. We are happy to provide a let only service, but the
value our fully managed option gives our landlords is more than just a monetary
one. We can take the hassle and stress out of being a landlord by doing
everything for you.

10 – Call us, and we can help you with all
the previous nine steps. We’ll put you on the path to rental property prosperity.

We’d like to wish all our landlords,
tenants, and the London community a happy, healthy, and safe 2021.
Here’s to better times ahead.

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