Since the advent of the buy-to-let mortgage in the 1990s, many thousands of people have invested in a property to rent out. Some have gone on to acquire multiple units and become professional landlords.
Others find themselves becoming “accidental landlords” – as when a temporary job move takes place and the family home needs to be let for a period of time, or when an inheritance results in a property becoming available to hold as an investment. Rental property is increasingly popular and this top tip guide from OnTheMarket.com aims to help less experienced landlords to understand what makes for successful letting.
OnTheMarket plc (LON:OTMP) provides property search services for buyers, sellers, landlords, and tenants in the United Kingdom. It owns and operates online residential property portal on OnTheMarket.com that offers property for sale and rent, finds agents, student accommodation, farms, estates and land, and property valuation.