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News

Properties 'should be presentable'

Thursday, 3 Jul 2008

Buy-to-let landlords ought to make sure that they properties they invest in are presentable for people looking around.

The Residential Landlords Association urged those holding an investment mortgage to make amendments to key areas of these homes, such as kitchens and bathrooms.

Director at the organisation Alan Ward remarked that it is a competitive marketplace and therefore landlords should be able to pick out the best tenants when they look around.

He asserted: "Don't do a Llewellyn-Bowen or fit it out like your second home - it's a business package, not a showplace."

While in the past laminate floors were popular in this marketplace, in recent times tenants have begun to realise that it is noisy beneath them.

But kitchens and bathrooms are used the most by those living in rented accommodation, he remarked, which means they need to be attended to.

The Residential Rental Price Index in Febraury this year said that the average price of a rental property stood at £608.ADNFCR-761-ID-18668672-ADNFCR

Your home may be repossessed if you do not keep up repayments on your mortgage.

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