RLA: Landlords must consider location
Location should be one of the prime considerations for landlords choosing new properties, one expert has pointed out.
Some real estate may seem like good value at first, but when the surrounding area is considered, this may no longer be the case, said , Paul Fletcher of the Residential Landlords Association (RLA).
He highlighted that there are a number of questions people need to ask themselves before buying a buy to let property
"What are the transport links like? In a university town, that is quite important so that people can get to university quite easily. Also, parking [is important]," Mr Fletcher explained.
A great way of ensuring a long-term investment is to make a purchase close to a school, he stated, as parents will no doubt want to be close by for a number of years.
Published on: July 4, 2011
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