First time landlord guide

This guide is aimed at those who are first time landlords or considering becoming a buy to let landlord; but could also prove useful for landlords with previous experience.

Either follow section by section, or choose the section that is most relevant to you. When you are thinking of becoming a buy to let landlord it is a good idea to do some research first so that you understand what will be involved, have read relevant legislation, and understand the extent of your legal responsibilities. 

1. Costs versus potential return

Consider the expenses in buying a property and getting it ready to rent vs potential income.

» Read Costs versus potential return article

2. Houses in multiple occupation

There are some different rules for houses in multiple occupancy. Read about the regulations of a HMO.

» Read Houses in multiple occupation article

3. Decorating and furnishing

Decorating and furnishing your rental well can make the difference between a rented and an empty property.

» Read Decorating and furnishing article

4. Preparing for your tenants

A checklist of what you need to have ready for move in day, and what to do on the day of the move.

» Read Preparing for your tenants article

5. Landlord Legal responsibilities

Landlords are required to fulfil a number of legal responsibilities to ensure the safety of their tenants.

» Read Landlord Legal responsibilities article

» Read Smoke and Carbon Monoxide Alarm Regulations article

» Read Houses in Multiple Occupation (HMO) article

6. Letting to tenants with pets

Considering a tenant’s request to have a pet in your property can be an important decision.

» Read Letting to tenants with pets article