Andrew Turner (pictured), chief executive at Commercial Trust Limited, explains why a conversation with a specialist buy-to-let mortgage broker could make a difference to maintaining profit.
Here is a selection of topics landlords need to stay on top of.
This comes as Theresa May announced she would resign as Prime Minister on Friday 7 May.
From June 1 2019, the Tenant Fees Act comes into force, in England. For landlords who use agents, it is important to understand the implications, as one possible outcome is that agents could increase fees elsewhere.
Brexit uncertainty could lead to more Britons holidaying in the UK, bolstering demand for holiday let rental homes. This could happen during 2019, in an already growing rental market space.
From June 1st, there are a range of fees that agents and landlords will no longer be able to charge tenants for.
Changes in buy-to-let have caused landlords to chase opportunities for better yields.
There is plenty for landlords to ponder heading into 2019, as Andrew Turner, chief executive at specialist buy to let broker, Commercial Trust, explores.
Landlords with tenancies pre-dating October 2015, have been warned of changes to section 21 eviction rules, which take effect from October 1 2018.
If they don’t make the changes they face being unable to let them out under new tenancies, without an appropriate exemption.