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Tuesday, June 23, 2009

Landlords who want to sweat their assets

Landlords looking to maximise the value of their residential investments should take a look at recent research carried out by the Nationwide.

It reveals the things that landlords can do to improve the ultimate selling values of their property.

Landlord insurance - HMO - block insurance - discounted rates

Adding central heating adds typically 10% to value whilst another bedroom will push up the value by 11%. The best of all is a loft conversion which could add a massive 20% to the value of their property.

However, before landlords get too carried away they should remember that all this costs and most landlords will have to factor in the void period whilst any work is carried out. When it comes to a loft conversion landlords that are letting out the property as a HMO will have to be careful that they suddenly don't get caught by the mandatory HMO licensing regulations.


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