The Mortgage Works (TMW), part of the Nationwide Building Society Group, is launching a comprehensive, free guide for landlords.
It contains advice and tips for those considering becoming a landlord for the first time, as well as new strategies for established investors.
If you are thinking of investing in buy-to-let, the guide offers clear and comprehensive information on legal obligations, taxation, funding, managing a rental property and much more. It also includes handy checklists to ensure nothing is forgotten, and instructions are included to help landlords calculate rental returns and costs.
The guide is the latest initiative from the Nationwide Group, which recently offered customers the option of using longer term tenancy agreements, and the most recent in a series aimed at supporting the growing private rental sector. Its launch follows last week’s report on the sector from the Communities & Local Government Select Committee, which highlighted the need for clear information for landlords.
Henry Jordan, TMW’s managing director, said: “It is important that our customers understand and meet their obligations as landlords, and it makes sense to share our expertise to enable them to do so more easily.
“The private rental sector has experienced significant growth over the last few years, so it is particularly important that potential landlords, considering buy-to-let for the first time, fully understand what’s involved and are realistic about expected returns.”
The guide can be downloaded free at http://www.themortgageworks.co.uk/landlordguide
