Townends' three top tips for buy-to-let landlords

News at Townends | 10/11/2017

At Townends Estate Agents we understand that arranging a tenancy and handling the day-to-day responsibilities of managing a property can be time consuming. 

Our property experts are on hand to offer all the help you need, giving you complete peace of mind that your property and your tenants are well taken care of. Here are some top tips for buy-to-let landlords:

1. Maintain your asset

Present your property at its best to maximise the potential rental return. Well maintained properties attract quality tenants, command a premium and require less maintenance. A few simple, inexpensive home improvements can widen your property’s appeal thereby maximising return. Our sister company INEX Property Solutions are on hand to help you maintain your rental property.

2. Spring clean your admin and get tax affairs in order

Ensure you have a good filing system in place for all receipts, financial statements, property purchase documentation and other associated costs relating to your rental property to make completing your self-assessment tax return as stress free as possible. Read up on forthcoming tax changes and plan ahead for how these might affect you. Our property experts can advise you how to keep on top of your responsibilities as a landlord and be tax complaint.

3. Instruct Specialist Support

Using a letting agent to manage your property alleviates stress and ensures that your property remains a savvy and profitable investment. As your managing agent we can deal with checking rental payments, renewing tenancies, visiting the property and dealing with any maintenance problems or issues that may arise directly with the tenant.

If you are thinking of becoming a  landlord or already have a buy-to-let property portfolio, our range of services are specially designed to offer you peace of mind. Read more about our lettings services here or request your FREE, no-obligation rental property valuation today.