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When considering the purchase of a ‘doer-upper’ – a property that requires refurbishment – landlords are often faced with a Shakespearean (ish) question: “To buy, or not to buy?” It’s an important decision where you must weigh up several important factors before choosing to invest or not.
Despite greater awareness and tougher legislative measures, mould can still be a significant issue for landlords and tenants. A new survey has found that 43% of tenants have experienced problems with mould and damp in their rental*. And cases appear to be becoming more – not less – prevalent.
Despite overblown media reports of a wave of landlords selling up due to regulation changes and new government policies, property remains a viable long-term investment for many.
The weather is dreary. Christmas is on the way. So, right now is an absolutely terrible time to jump into the housing market. Isn’t it?