newspapers-pixabay-300x198.jpgThe Telegraph has an article on How to become a buy-to-let landlord and boost your pension with property on the Your Money blog, which quotes us:

One solution is to consider cheaper properties, such as flats above shops or ex-council accommodation. Unfortunately, you tend to get what you pay for and cheap property can raise specific problems that are less likely to arise elsewhere. Kristjan Byfield, a director of Base Property Specialists, explained: “Due to their lower purchase price, yields are typically higher on ex-local authority properties. The biggest risk is refurbishment works to the block or development. Buyers should, therefore, research works done in the past five or 10 years and try to establish if any are planned for the future.”

If you're interested in reading advice on getting started as a buy-to-let landlord, read the article, and don't forget to check out our services for landlords!