The Six Types Of Landlord Cost

In this blog we break down the types of landlord costs - maintenance, problems and legal responsibilities.

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.