7 Things You Must Know Before Renting A Property

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7 Things You Must Know Before Renting A Property

Рет қаралды 6,248

Күн бұрын

Over the past 18 years I’ve rented out over 700 properties across the UK.
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Pricey, cheap, massive, tiny. You name it, I have rented it. Along the way I’ve had some absolute dream tenants… and also had someone call me saying there were ghosts in the walls.
But as a result of all this experience I’ve figured out how to avoid the most common mistakes when renting out a property and haven’t had a truly awful experience for a long time - touch wood.
So regardless of whether you rent 1 or 1000 properties, here are the top 7 lessons that will help you rent your properties faster and more profitably with much less drama along the way.
But before we get into the lessons, you might be wondering how I ended up renting so many properties in the first place.
Well I will dig into that in the video and explain exactly how to rent a property in the UK and everything you should think about regarding UK tenants, UK landlords and rental laws in the UK.

Пікірлер: 11

@adamsmithintin2803 3 ай бұрын

I'm about to rent my first flat which I currently live in. I have had a look at prices nearby and I have tried to put it on the market for the highest (maybe even too high) just to see what responses I get. I have had it up for a week and have two viewings booked in. I'm thinking of maybe reducing the price by £50-£100 to increase the number of viewings, rather than having to pick from a smaller group, also not sure what these two that are booked in will be like. What's your thoughts ? I'm in a very desirable area so I should get a lot of viewings if I had very a competitive price.

@PropertyHubUK 3 ай бұрын

Personally I’d go lower and have a larger pool to pick from. Better to have the right person than a slightly higher rent

@claireclaire238 2 ай бұрын

I've just been through hell ££££ trying to evict nightmare tenants. If Section21 is abolished, you may never ever get them out. Unless you have grounds on section 8.

@nbc911 Ай бұрын

Great video. Good points

@davidhaylett1810 6 күн бұрын

But is there an independent valuation of the property ? If not the property could just be sold at a higher than market price and you just pay this excessive value back as the 7% yield. Then if the owner tries to sell after 5 years it may have fallen in value.