With the property market being continually squeezed, now isn’t a great time for residential landlords and things aren’t set to get much better in the short term. One of the main challenges they face is finding and retaining reliable tenants but also adhering to ever tightening legislation. So, the Commercial Litigation team at Davis Blank Furniss – the Manchester based law firm – has compiled and launched its own Top 10 Tips to help guide landlords through the maze and to ensure they take the necessary steps to protect themselves.
The easy to read two page document, which is available now, contains useful information on the key issues for the sector including; how to carry out full tenant checks, the importance of tenancy agreements, protection schemes, service charges and the specific requirements for houses with multiple occupancy. The bespoke guide can be obtained at https://www.dbf-law.co.uk/residential-landlords/ and is free of charge.
Andrew Ryan, a partner at Davis Blank Furniss and co-author of the document, commented; ‘Property is still seen by many as a sound investment but managing a buy to let can be a complicated and bureaucratic nightmare. All too often, we see our clients making basic mistakes that end up costing them dearly. If a few simple rules are followed then the process can be relatively painless which is a blessing during such tough times.
Andrew continued; ‘We hope the Guide clearly spells out what’s important and that it ultimately protects landlords and stops them from making avoidable errors.’
Davis Blank Furniss’ Top 10 Tips for Residential Landlords is available now via www.dbf-law.co.uk/residential-landlords/