{"id":894,"date":"2011-07-06T10:57:01","date_gmt":"2011-07-06T10:57:01","guid":{"rendered":"http:\/\/blog.legal4landlords.com\/?p=894"},"modified":"2011-07-06T10:57:01","modified_gmt":"2011-07-06T10:57:01","slug":"wannabe-landlords-aiming-for-gold","status":"publish","type":"post","link":"https:\/\/dev.withcreative.co.uk\/lforl\/wannabe-landlords-aiming-for-gold\/","title":{"rendered":"Wannabe landlords aiming for gold"},"content":{"rendered":"

\"\"<\/a>

Winning the gold with property?<\/p><\/div>It happens during Wimbledon and is set to be even bigger business during London 2012. Homeowners across the capital will be entering the race to rent their properties in return for gold. Becoming a landlord<\/a> during the sporting highlight is a no-brainer and is likely to attract many novices to the game.<\/p>\n

I want to highlight that rules are rules and just because renting your property is \u2018a one off\u2019 or you\u2019re a \u2018first-timer\u2019 doesn\u2019t mean they don\u2019t apply. Of course, rent out your home, but make sure you do it by the book. Cutting corners could land you in trouble, whatever the circumstances.<\/p>\n

If you\u2019re letting out your home, you will have to draw up a formal tenancy agreement, provide a gas safety and energy performance certificate (EPC) and protect the tenants\u2019 deposit through a government approved scheme, all things we can help you with at Legal 4 Landlords<\/a>. If your property has more than three storeys you may need a property license so make sure you seek advice.<\/p>\n

To those that make a living from being a professional landlord all this will come second nature but for those who aren\u2019t – basics such as taking an inventory and photographing the property are essential. If sport is not your thing or you plan to escape the Olympics frenzy with a trip away – who is going to be on hand for property emergencies and repairs? And then there\u2019s your insurer and mortgage provider \u2013 make sure you let them know. You might even wish to have any important mail re-directed in your absence. So yes, it could be a quick way to make cash but there\u2019s plenty to think about.<\/p>\n

And then there\u2019s the professional landlords. There\u2019s talk that some are kicking out long term tenants to try and cash in on lucrative six week Olympic lets. But when it\u2019s game over for the Olympics and everyone leaves London you may struggle to fill the property again. This could well be a losing tactic.<\/p>\n","protected":false},"excerpt":{"rendered":"

It happens during Wimbledon and is set to be even bigger business during London 2012. Homeowners across the capital will be entering the race to rent their properties in return for gold. Becoming a landlord during the sporting highlight is a no-brainer and is likely to attract many novices to the game. I want to […]<\/p>\n","protected":false},"author":2,"featured_media":11204,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[13,89,25,11,90],"yoast_head":"\nWannabe landlords aiming for gold - Legal For Landlords<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dev.withcreative.co.uk\/lforl\/wannabe-landlords-aiming-for-gold\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wannabe landlords aiming for gold - Legal For Landlords\" \/>\n<meta property=\"og:description\" content=\"It happens during Wimbledon and is set to be even bigger business during London 2012. Homeowners across the capital will be entering the race to rent their properties in return for gold. 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