Modern Buy-to-Let Tips
- Electric rather than gas cookers—easier to clean and always look fresher.
- Set up a home care agreement with a utility company—covers gas certificates and problems over gas, electricity, plumbing, and drains. Tenants could contact the company without ever bothering the landlord. Could also save on full management by an agent, who will often just call you anyway.
- Rewiring to accommodate internet, broadband, cable, or digital aerials—these are becoming essential in today's lifestyle. Make sure that leads are long enough to accommodate tenant's requirements, will save on redecoration in the long term.
- Five year refurbishment—to take full advantage of Taper relief, you should keep any property for at least 10 years, therefore if you refurbish every five. When you come to sell, the property should be in the optimum position; either sell before refurb to minimise cost or just after to maximise revenue.
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