How High Rental Yields Can Leave A Hole In Your Pocket

Is rental yield really that important? This is a question I've found myself asking time and time again lately as I talk to property investors and landlords with properties to rent or let out in Leicester. The conversation usually goes along the lines of an investor saying to me "the yield is too low, the numbers don't stack up. Up North, I can get double the yield!" I argue this isn't a great measure of investment potential. Let me explain; A straight buy to let in Leicester will get you anywhere between 3-6% gross at average sales value, depending on [...]

How to Choose a Letting Agent

Renting your property for the first time? We've all been there. It's quite overwhelming with the amount of paperwork and other administrative tasks involved, the legal compliance and the penalties for non-compliance which you've probably heard about in the news, landlords being fined thousands for failing to comply with improvement orders, managing unlicensed HMOs, not protecting the deposit, etc. Fortunately, a good letting agent can mean your headaches are kept at bay; making the lettings process hassle-free and managing your property, keeping your tenants happy and encouraging long-term tenants are just some of the things you should demand from any [...]

By |2019-06-07T18:02:59+01:007th June, 2019|Letting Agency, Private Rented Sector|0 Comments