The importance of professional help for landlords

New research has revealed that property investment is the most popular type of investment for British people who want to generate a good return on their money – more so than stocks, shares and pensions. A new YouGov survey of 2,000 British adults reveals that more than half would like to have a hands-on role in managing their investment properties themselves, and 38% say they wouldn’t trust financial professionals with their investment.

Although property investments can be an excellent way to generate outstanding profits from an initial outlay, there is also the potential for a lot of very costly mistakes, particularly if you are an inexperienced investor trying to handle everything by yourself. You need to carefully think about all the legal requirements and responsibilities that go along with your investment and the way in which you plan to use it, and it will usually be extremely difficult to handle it all by yourself. Of course, it’s a good idea to know what’s going on with your property investments and keep yourself well informed, but managing your property affairs by yourself with no professional management or financial help could end up being a disaster.

Investors who are managing their own properties and intend to let it to tenants have a huge volume of work to do. It’s imperative that they are always completely up to date with ever-changing landlord legislation so they can completely understand their responsibilities. It’s a very in-depth and time-consuming job. There will undoubtedly be a huge amount of paperwork that has to be handled properly, and in the event of a problem or a mistake such as a required license being overlooked, landlords can face severe consequences and large fines.

This is why we would always strongly recommend that you get help from a professional team who are highly experienced at managing properties and dealing with the many legal matters than can arise in the world of property. This way you can avoid potentially expensive legal difficulties further down the line. In some cases, it’s better to leave it to the experts. We can offer you all the help you need to make the right investment and enjoy successful property, block or estate management for years to come, making your life as a property investor or landlord much simpler. We don’t only cover London areas such as Haringey, Hackney and Camden, but are able to manage properties all over the UK.