Useful Resources
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Blue I - What new and Inexperienced Landlords should Know









Do your research

Apart from understanding your responsibility and duties as a landlord, it is a vital to have a solid foundation of knowledge on property value, affordability, rental incomes and the type of tenants your targeting in order to ensure a reliable rental income.

 
 
 
Think with your head, Not your Hearth


You could lose your job, or something could change that will impact your income, but if you have a two or three-bedroom property, you can always rent out a room. That can help tide you over if there’s a financial situation. 



 


Join the NLA

The NLA has a wealth of resources, including an online library and the advice line. Despite being a millennial and sourcing much information from social channels such as YouTube, people always recommended the NLA as an organisation to join. The NLA’s explanation of Section 21 and its effect on my portfolio is incredibly useful, and its campaign to halt the ban of section 21 is really important for landlords everywhere. The NLA advised on which insurance provider to use. Try going on some of their courses and improving your skillset further with the help of the NLA.



Click here for more information on the NLA: https://landlords.org.uk/

 
 
Budget well

It's surprising how much everything costs once you have bought a house. If you run all the numbers in a spreadsheet, you will realise that you have council tax and water bills, locks that need changing and more. Costs mount up quickly. We would advice a bigger buffer than you allowed. Run the numbers carefully and then add an extra £2000.




Advertise Widely


Rightmove and Zoopla are the UK's two biggest property sites. At least 2.6 million people view properties on them every day. To reach as many tenants as possible, you need to be on both these sites. Some agent only advertises with one of this which means missing out on a huge part of the market so choose your agent wisely. Research all the extra effort the agent has done into advertising other properties such as investment in virtual Tour. 

 

 
Tags: #Derby Property, #Derby Landlords #Student Lettings Derby #newlandlords #Landlords #Tenants #Agents 

This article outlines the new Blue i landlord brochure which goes a long way to satisfying all the questions, which any landlord would want to know about choosing a letting agent, how to prepare their house for letting and a lot more besides. The brochue outlines Blue i Porperties letting process and shows why landlords choose to use Blue i.

Condensation and damp are some of those problems that many, especially old, properties have. Along with this there is of course the re-occurring mould problem, which for the increasing number of asthmatic and allergy prone 20+’s can be a serious problem. This article outlines some of the ways that these problems can be overcome such as keeping the house slightly heated at all times and having extraction ventilators in all wet rooms.

 Since the days have got slightly longer there has been an increase in theft at properties that Blue i manage. This article outlines some of the important basics that landlords and tenants can do to avoid being the victims of theft.

Wear and tear is one of the ongoing challenges for any landlord and lettings agency. This article looks into the subject of what constitutes fair wear and tear and who is responsible for any damage or other issues.

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