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Monday, February 22, 2016

Student landlords - inclusive utility package

I was a student landlord once for a very short 9 month run and decided it wasn't for me.  Too much hassle with tenants moving in and out.

However, I know that multi let student properties can be very lucrative so I'm not knocking the business model.  Many student landlords I know offer all inclusive packages that cover the costs of heating, electricity, etc.  I'm guessing there are risks their that the tenants use much more than is reasonable.

I've come across this new service from specialist student landlord utility provider Glide that offers a risk free package for landlords.  I've no idea whether it's any good so maybe student landlords can let me know.

I've had problems recently with utility companies doing the opposite; where I've actually had empty properties and have been charged ridiculous standing charges for not using any power #annoying / #veryannoying.

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