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Property Preparation Tips for Landlords

Preparing a property for tenants can involve a lot of work, especially if you want to attract the best tenants. You will probably be keen to get it ready as soon as possible in order to start earning some rental income. However, before you rush in and start advertising for tenants, here are five things that you should do first. Clear, Decorate, and Clean You will only find the best tenants for your property if you make sure that it […]

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New buyers in the UK rent on average seven years before buying

New research has shown that homeowners in the UK rent for an average of seven years before purchasing their first property. Santander’s study shows that on average £474 per tenant per month is being spent on rent, resulting in a rental spend of £296,000 in ones lifetime. Miguel Sard, head of Santander Mortgages explains “Renting may appear to be the most financially viable option for some people, but in the majority of cases it isn’t the most cost effective. Over […]