Property Buying Guide
Buy to Let Advice: Furnished and unfurnished properties
At one time, the trend was to let properties fully furnished, as fully furnished properties gave the landlord more rights. However, as landlord's rights have been extended, the cost of furniture has become cheaper, and people have more disposable income, this trend has reversed. Many people prefer to have furniture of their own about them. The most usual course is to let a property part-furnished, with the landlord providing a fitted bathroom and kitchen, carpets and curtains, and perhaps some electrical equipment. There is an annual 10% wear and tear tax allowance for furnished properties.
There is a range of agencies that can offer further advice and information on buy to let: details of some of them are listed below:
More buy to let advice:
Buy to let – for first time buyers and everyone l How much can you borrow? l Buy-to-let mortgages l The tax situation l The hidden costs l Finding a suitable property l Your responsibilities as a landlord l Letting agents l Tenants l Buy-to-let useful websites l Buying Property Abroad
Useful Links:
www.arla.co.uk
www.cml.org.uk
www.landlords.org.uk
www.direct.gov.uk
www.rics.org.uk