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Self-managing your rental property could be a mistake

𝐖𝐡𝐲 𝐒𝐞𝐥𝐟-𝐌𝐚𝐧𝐚𝐠𝐢𝐧𝐠 𝐘𝐨𝐮𝐫 𝐑𝐞𝐧𝐭𝐚𝐥 𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐌𝐢𝐠𝐡𝐭 𝐍𝐨𝐭 𝐁𝐞 𝐭𝐡𝐞 𝐌𝐨𝐧𝐞𝐲 𝐒𝐚𝐯𝐞𝐫 𝐘𝐨𝐮 𝐓𝐡𝐢𝐧𝐤 𝐈𝐭 𝐈𝐬

While the prospect of saving a bit each month on letting agent fees (which are tax deductible!) might seem attractive, in the long run, it could be a false economy. Here are some reasons why self-managing your rental might not save you any money at all.

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Choosing a Basingstoke lettings agent

𝐂𝐡𝐨𝐨𝐬𝐢𝐧𝐠 𝐚 𝐁𝐚𝐬𝐢𝐧𝐠𝐬𝐭𝐨𝐤𝐞 𝐋𝐞𝐭𝐭𝐢𝐧𝐠𝐬 𝐀𝐠𝐞𝐧𝐭: 𝐖𝐡𝐚𝐭 𝐋𝐚𝐧𝐝𝐥𝐨𝐫𝐝𝐬 𝐍𝐞𝐞𝐝 𝐭𝐨 𝐊𝐧𝐨𝐰

Choosing a Letting Agent: What Basingstoke Landlords Need to Know How can you spot a top letting agent from a master of mediocrity? Read on to find out.

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shocking revelation empty properties in Basingstoke

𝐒𝐡𝐨𝐜𝐤𝐢𝐧𝐠 𝐑𝐞𝐯𝐞𝐥𝐚𝐭𝐢𝐨𝐧: 𝟏,𝟕𝟕𝟐 𝐁𝐚𝐬𝐢𝐧𝐠𝐬𝐭𝐨𝐤𝐞 𝐚𝐧𝐝 𝐃𝐞𝐚𝐧𝐞 𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐢𝐞𝐬 𝐑𝐞𝐦𝐚𝐢𝐧 𝐄𝐦𝐩𝐭𝐲 - 𝐋𝐞𝐚𝐯𝐢𝐧𝐠 𝟒,𝟎𝟔𝟏 𝐏𝐞𝐨𝐩𝐥𝐞 𝐨𝐧 𝐭𝐡𝐞 𝐂𝐨𝐮𝐧𝐜𝐢𝐥 𝐇𝐨𝐮𝐬𝐞 𝐖𝐚𝐢𝐭𝐢𝐧𝐠 𝐋𝐢𝐬𝐭 𝐢𝐧 𝐃𝐞𝐬𝐩𝐚𝐢𝐫

Breaking the Silence: The Startling Reality of Empty Homes vs. Housing Demand in Basingstoke and Deane. The startling reality of empty homes versus housing demand isn't just a distant issue—it directly affects the homeowners and landlords of Basingstoke and Deane. As a homeowner, this imbalance can keep house prices higher due to greater demand, while landlords benefit from increased rental rates.

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Copy of 260623 IG Square Should You Be Friends with Your Tenants (2)

𝐊𝐞𝐞𝐩 𝐈𝐭 𝐅𝐨𝐫𝐦𝐚𝐥 – 𝐒𝐡𝐨𝐮𝐥𝐝 𝐘𝐨𝐮 𝐁𝐞 𝐅𝐫𝐢𝐞𝐧𝐝𝐬 𝐖𝐢𝐭𝐡 𝐘𝐨𝐮𝐫 𝐓𝐞𝐧𝐚𝐧𝐭𝐬 𝐨𝐫 𝐒𝐡𝐨𝐮𝐥𝐝 𝐘𝐨𝐮 𝐌𝐚𝐢𝐧𝐭𝐚𝐢𝐧 𝐚 𝐏𝐫𝐨𝐟𝐞𝐬𝐬𝐢𝐨𝐧𝐚𝐥 𝐑𝐞𝐥𝐚𝐭𝐢𝐨𝐧𝐬𝐡𝐢𝐩?

As a landlord, it’s important to build a good relationship with tenants. You want them to feel comfortable in their new home and to care for it, pay rent on time and generally have a successful tenancy period. But what makes a good relationship?

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buy-to-let

𝐍𝐞𝐱𝐭-𝐆𝐞𝐧 𝐋𝐚𝐧𝐝𝐥𝐨𝐫𝐝𝐬: 𝐃𝐢𝐬𝐜𝐨𝐯𝐞𝐫 𝐓𝐡𝐞 𝐓𝐚𝐜𝐭𝐢𝐜𝐬 𝐓𝐡𝐚𝐭 𝐌𝐚𝐤𝐞 𝐁𝐮𝐲-𝐓𝐨-𝐋𝐞𝐭 𝐒𝐭𝐢𝐥𝐥 𝐖𝐨𝐫𝐭𝐡 𝐈𝐭 𝐈𝐧 𝟐𝟎𝟐𝟑

“Is buy-to-let still worth it?”. Hardly a day goes by when someone doesn’t ask us that question. For a lot of people, the answer is no. Changing lettings law and tax rules have caused many landlords to drop out and sell up, particularly if rent is their main or only source of income. But here's the thing: many private landlords are still actively expanding their portfolios. And large corporations are starting to invest heavily in rental homes. So why is that?

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PLAIN IMAGE – DESK THE HALLS

Buy-To-Let And Working From Home: Tap Into The Trend To Boost Your Rental Property's Income

Homes are being scrutinised for how suited they are to double duties, with high demand for clearly defined workspaces. So whatever the size of your rental property, here's our guide to using what you've got to maximise the performance of your investment.

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desk

Thrifty Landlord Tips: How To Slash Your Upfront Costs When You Buy A Rental Property

Despite changes to tax policy, buy-to-let remains a hugely popular life goal for many people as one of the safest long-term investment strategies. So the big question is: can you reduce your upfront buying costs for starting or expanding your lettings portfolio?

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PLAIN IMAGE – UNDERSTANDING THE MARKET FOR TENANTS WITH CHILDREN AND PETS

Parents And Paws: Our Landlord Guide For Renting To Tenants With Children Or Pets

Surveys have revealed how properly vetted families and pet owners are equally as good as any other tenants, and they come with the added incentive to stay longer to avoid disrupting their children or furry friends. This week’s blog has all you need to minimise the risk and maximise the benefits of this growing and stable market.

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PLAIN IMAGE – THINK ABOUT YOUR BUY-TO-LET STRATEGY

Buy-To-Let Beginner? Get It Right First Time With Our Expert Tips For New Landlords

Have you wondered about becoming a landlord but aren't sure whether it's still worth it or even your kind of thing? For anyone with a genuine passion for property, being a landlord is a very natural fit to supplement your income, build financial freedom and nurture your inner designer and entrepreneur.

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PLAIN IMAGE INTRO – RENTERS REFORM BILL

Renters Reform Bill: Bad News For Landlords, Or Long Overdue Fairness For Everyone?

There’s been a flurry of news and commentary since the Government announced its Renters Reform Bill. Representing the biggest changes to the private rental sector in 30 years, the Bill is set for introduction to Parliament before March 2023, with a view to becoming law by early 2024.

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PLAIN IMAGE – PAVING THE WAY TO LIFE’S MILESTONES

Doing It For The Kids: Building A Buy-To-Let Legacy For You And Your Family’s Future

Property has stood the test of time as a solid way to create wealth with an asset that’s forever in demand and can never disappear overnight. And while nobody can predict what lies ahead, there are steps you can take to accelerate your goals in life, plan a comfortable retirement, and give your children a valuable head-start.

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PLAIN IMAGE – WHY DO I NEED TO TRACK MY RENTAL YIELD_

Number crunching: our essential guide to rental yields for every landlord

Financial management is at the heart of every successful business. As a landlord, the rental yield of a buy-to-let can affect whether you buy a property in the first place. After that, it can help you monitor your investment's ongoing profitability and performance.

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