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How to Be a Proactive Landlord

How to Be a Proactive  Landlord

As a landlord in 2023, it’s fair to say there are a lot of challenges on the horizon. From changes to rental rules, tax upheaval, mortgage mayhem. But the first thing to remember is your tenants and their experience of your property. Priorities a landlord should consider. • Create a property welcome pack It costs virtually nothing apart from time and a little bit of patience. Type it out, laminate it and make sure it’s in a place where the tenant can find it. A welcome pack could contain the following: • Landlord and agent contact details • Where to find instruction manuals • Location of electric/gas meters • How to work the thermostat • Tenant’s responsibilities • What to do in the event of an emergency • Improve energy efficiency For most landlords, getting a vacant property let is the main priority. But why not use short vacant periods to start some energy efficiency improvements? Get the boiler serviced, make sure all the lightbulbs are energy-saving ones and check the condition of floor/loft insulation. • Get informed There are numerous legal reforms happening which will affect private rentals – tax changes, eviction notice reforms, pet-friendly tenancies and so on. Make sure you’re up to date and know what’s going on so it doesn’t come as a surprise later. • Mortgage check When does your mortgage deal end? Are you on a fixed or variable buy-to-let deal? It’s essential you know the answers to these questions so you can prepare yourself for getting a new deal when the time comes. • Communicate Whether it’s with your tenant or your managing agent, clear communication should be a priority for all landlords. Checking in with them periodically is a great way to keep on top of things such as repairs and maintenance and to avoid any unexpected issues or call-outs out of hours. Are you looking to let a vacant property? Get in touch with our team at JCProperty. 01724487297 info@jc-property.co.uk

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