Renovate to Rent or Spruce to Sell?
Following my parents decision to delegate the big responsibility of what will happen to our family home , to me – we have almost come to a final verdict. Renting is the strong contender here, but before anything is set in stone the property does needs some attention, whether we are selling or letting. It is structurally sound, however there are some aesthetic improvements that can be made to increase quality and efficiency of the property which will in turn increase the sale or rent value. With becoming a landlord comes great responsibility and there are important regulations that need to be followed. For example, proprietors are expected to maintain the roof, windows, ceilings and walls to a safe and secure standard . Recently, there have been some horrifying renting stories of rogue landlords not maintaining their properties, which the government are now cracking down on , by introducing a brand new set of standards and regulations. Period Property Problems