Feedback

Letting your home

ask sarah a question

The Six Types Of Landlord Cost

Generally speaking, costs will revolve around the following areas:

  • The need for ongoing maintenance of property 
  • Dealing with tenants’ problems 
  • Dealing with letting agents and paying them 
  • Loss of rental income during void periods when you are between tenants 
  • Legal responsibilities 
  • The cost of your mortgage

Of course, many of these costs will be tax deductible. But for the purposes of creating a comprehensive picture of your costs, you will need to map out everything – and then work out how to mitigate them!



With thanks to BuyAssociation.

 

 

Bookmark and Share
Ask sarah a question

Got a question?

Have you got a question about something that's not here? Why not ask Sarah?