The answer to this question may not be as simple as you think. You may be a current home owner and have been thinking about getting on the buy to let band wagon, just like everyone else you know seems to be. So what is the big deal about buy-to-let? The bottom line of it is that you will hopefully own the rental property at the end of the mortgage term but with the aim of the monthly mortgage payments to be covered by the rental.
Mar 08
Landlords Get Damp Patches - The Rotten Side Of Property Investment
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This is not an enquiry into a landlord’s personal hygiene.
It is an increasing problem for landlords. Many of them have resulted from some of the ‘improvements’ in building technology of recent years which have themselves contributed to increased problems with mold and damp.
I have had a recent case myself of a ground floor maisonette which I bought and improved and which had no apparent signs of damp but then went on to develop a significant mould problem. My experience highlights several factors that landlords should be aware of which can contribute to condensation, damp and ultimately mold.