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Posts Tagged: Tenanted Properties

Are You Trading Profitably?

When you purchase an investment property to let out, presumably you are doing so to make money. If you have bought the property with the assistance of a capital and interest buy-to-let mortgage you will, at very least, be looking for the rental monies to cover the mortgage repayments and any other related expenses. If you have bought an investment property outright from savings you will be looking for the rental income to provide a greater return than you were getting in your savings account and also cover the expenses involved in renting out a property. It is interesting to hear that, according to the National Landlords Association (NLA), there are 27% of landlords who own and rent out a single investment property who are either trading at a loss or are breaking even. Furthermore, 19% of landlords who own between two to four investment properties that they rent out are either loosing money or are just breaking even. These statistics are concerning and, in some cases, it begs the question as to how much research and planning some landlords have carried out when assessing the viability of a particular property as to its suitability for renting out. It would…

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