Buy to let landlord guide

Are you considering letting out a property? Letting can be a good source of passive income and, if done correctly, it can be a great long-term investment to help you protect your assets.

Your buy-to-let property can generate two different potential income streams: rental income and capital growth, which is achieved by the property value increasing over time.

However, being a landlord isn’t all plain sailing, as setting up a rental property can be quite complex. You will need to be aware of a range of financial, legal, and logistical issues before you begin your rental endeavour.

Financial considerations

It’s essential to have a comprehensive understanding of the costs associated with becoming a landlord before you take the jump into investing in a property. Whether you’re an aspiring landlord, or an accidental one, it’s advisable to weigh the costs against potential returns before you take your next steps.

Best practice

While not always legally required, there are some measures that may prove to be beneficial when moving forward with your tenants. Find some useful advice on best practice below.

Buying a home is one of the most expensive purchases you are likely to ever make, so don’t take the risk of buying one with hidden defects.

Book a home survey with SDL Surveying and we’ll help highlight if there are any issues with the property that may not be immediately obvious when viewing a property.

Request a home survey