That this best-selling book is now in its sixth edition proves what a popular choice letting property has become. With an increasing number of people choosing to invest in property rather than pensions (according to The Royal Institution of Chartered Surveyors), fewer first-time buyers, and banks and building societies offering buy-to-let schemes the buy-to-let sector is continuing to expand: 12% of all housing stock is now in the private renting sector.
This fully revised and expanded edition includes all you need to know on the new 2006 housing rules and provides reliable advice on all aspects of becoming a landlord. It advises on the pitfalls and the advantages of letting property, as well as how to choose the right type of property and how to calculate the finances. Interspersed with case studies and tips from experts, this book is a must read for anyone considering letting a property.
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Liz Hodgkinson is a prolific author and journalist who has written over 40 books. She writes regularly on property matters for the Evening Standard and the Daily Mail, and also contributes to The Guardian, The Independent and various magazines and websites.
Introduction
1 Is letting for you?
What it takes to be a landlord
2 Finding the right property
Could I live in it myself?; Location, location, location; Keep your eye on the market; Service charges
3 Working out the numbers
Cash buyers; Finding a tenant; Landlord action; Buying at auction; Buy-to-Let; Tax; It's worth it!
4 Décor and renovation
To furnish or not?; The essentials;
Fur¬nishings; How often should you
redecorate/renovate?; Letting out your own home; Preparing for corporate or company lets; Students; Some general points on letting; Complying with regulations
5 Finding suitable tenants
Advertising; Deciding on the sort of tenant you want; Before they move in; Using an agency; Company lets; Short lets; Students; DSS and Housing Benefit; Housing associations; Problems with social tenants; Holiday lets; Letting rooms in your home; Bedsits; Adapting your own home; Houses in multiple occupation
(HMOs); Buying a property with existing
occupants; Your relationship with your tenant(s)
6 Rights and obligations
Tenancy agreements; Common problems
7 Becoming a portfolio landlord
The multiple landlord; Money;
Working with agencies; Other things to bear in mind; Two voices of experience; Landlord associations
8 Buying and letting property abroad
Beware!; Buying to let; Making your choice; Fitting out the property;
Mar¬keting your property; Finance
9 Mostly for tenants
Who are the tenants and what do they
want?; The inventory; References;
The tenancy agreement; Moving in;
Now you're a tenant; Moving on;
The Tenancy Deposit Scheme
10 Resources
Contacts
Publications
The Property Investor Show
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