7 Tips for Student Landlords as NUS Slams Buy-to-Let
Investors
Investors
By Charles Kelly, Property Solutions Investor, Author of
Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.
Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.
Student landlords have been accused of cheating students by
making unfair deposit deductions and not registering deposits with the deposit
protection scheme.
making unfair deposit deductions and not registering deposits with the deposit
protection scheme.
A survey by the NUS, Homes Fit For Study, showed that
just 61% of students have their deposits returned in full, with 27% formally
challenging landlord deductions.
just 61% of students have their deposits returned in full, with 27% formally
challenging landlord deductions.
7 Tips for Landlords:
1.
Use an inventory company
Use an inventory company
2.
Make sure your property is clean and presentable
from the start
Make sure your property is clean and presentable
from the start
3.
Maintain your property to a high standard throughout
the tenancy
Maintain your property to a high standard throughout
the tenancy
4.
Tenants Fees Act came into force in 2019 so
follow the rule or risk a fine.
Tenants Fees Act came into force in 2019 so
follow the rule or risk a fine.
5.
Deposits must be registered with the government-backed
Tenancy Deposit Scheme
Deposits must be registered with the government-backed
Tenancy Deposit Scheme
6.
Student letting is a specialised area and you
should learn how to do it properly and professionally
Student letting is a specialised area and you
should learn how to do it properly and professionally
7.
Corporate landlords are out to eat your lunch
and will take the best tenants.
Corporate landlords are out to eat your lunch
and will take the best tenants.
Can you afford to retire?
Millions of people, or over 80% of the population, will
either retire in poverty or not be able to afford to retire at all. What’s your
strategy?
either retire in poverty or not be able to afford to retire at all. What’s your
strategy?
You can learn how to acquire income producing assets using
other people’s money and other no money down strategies in order to become financially
free.
other people’s money and other no money down strategies in order to become financially
free.
Smart investors are using these creative
finance, ‘no money down’ tools to build massive property portfolios in a
few short years, as their hands are not tied by mortgage lenders and the need
to save large deposits and pay higher taxes.
finance, ‘no money down’ tools to build massive property portfolios in a
few short years, as their hands are not tied by mortgage lenders and the need
to save large deposits and pay higher taxes.
Before you buy another, or your first, property, take
time out to learn proven successful strategies from expert multi-millionaire
property investors on a free taster ‘property discovery day’.
time out to learn proven successful strategies from expert multi-millionaire
property investors on a free taster ‘property discovery day’.
If you’d like more information on how to acquire wealth
building assets using none of your money, email me at Charles@CharlesKelly.net
or send me a message through Facebook or my Money Tips Daily community.
building assets using none of your money, email me at Charles@CharlesKelly.net
or send me a message through Facebook or my Money Tips Daily community.
See more articles at www.moneytipsdaily.com
How to Use Creative Property Financing to Beat the Banks
In the last few years, mortgage lending rules have been tightened up by
UK regulators. Lenders now dig into your finances far more deeply than just
looking at your annual income. Self-certificated mortgages are all but... see -http://www.moneytipsdaily.com/how-to-use-creative-property-financing-to-beat-the-banks/
In the last few years, mortgage lending rules have been tightened up by
UK regulators. Lenders now dig into your finances far more deeply than just
looking at your annual income. Self-certificated mortgages are all but... see -http://www.moneytipsdaily.com/how-to-use-creative-property-financing-to-beat-the-banks/
There are more examples and practical
steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3
R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it
out on Amazon http://bit.ly/2MoneyBook.
steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3
R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it
out on Amazon http://bit.ly/2MoneyBook.
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