Careful Financial Planning
BEST PRACTICE RESOURCES
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Best Practice Resources
Very few landlords run their lettings as a formal business and follow a structured plan. This could have devastating consequences on your investment. It is important that you don’t pay too much for the property in the first place. If the purchase price is too high to start with you could struggle to make it work financially.
The NLA’s guidance on careful financial planning for landlords will help you ensure that you invest and borrow wisely and meet your financial commitments as a landlord.
- Pros and cons of borrowing
- Main financial planning elements to consider
- How to calculate rental yield