Vital Questions for Potential Landlords
- IS THE property close to public transport and amenities such as schools and shops?.
- IS THERE somewhere to park?
- IS IT well maintained?
- HAS the property adequate heating installed?
- DOES the property have a modern kitchen and bathroom?
- CAN you afford to decorate and furnish it to legal standards?
- CAN YOU afford to pay the mortgage and insurance if you do not have a tenant paying rent?
- WILL this affect the chance of you getting a mortgage if you decide to move house?
- CAN you afford to lose money if the housing market slumps and you are forced to sell at a loss?