Do you know an Accidental Landlord??
The owners of family houses who want - or need - to move but cannot find buyers and cannot reduce the prices of their properties are renting them out instead, becoming accidental landlords.
Most accidental landlords, are simultaneously becoming tenants, moving themselves in to the houses of other homeowners that cannot sell. Often this changes of address mean an upgrade, better bathroom in a better neighbourhood.
There is a predicted reduction in rental income, which presents a challendge for those Landlords whose mortgages stay at high levels.
Landlords can and always should use the services of a professional nottingham letting agents to source the right tenant and manage the property. The letting agent would make sure that all applicable laws and regulations are abided by. A decent agent will be able to recommend tradesmen at honest prices should any work need doing to the property.
