Why Will Landlords Keep Prospering?
There are two types of property investors who invest in buy-to-let properties…
> Changes to ‘the rules of the game’ are seen as a burden by some.
> While the other sees them as unavoidable — and something they’ll simply have to deal with.
Change is constant. But there will always be something unexpected to consider: regulation, tax regulations, the economic forecast, mortgage rates, the most recent strategy, and so on.
Consider the Energy Performance Certificate (EPC) for a property.
In the future, it appears that the government will impose stricter EPC criteria for rental properties.
What does this imply for landlords and property investors?
The costs of upgrading will simply be passed on to tenants by existing landlords.
Because, like any other business, it will fail if rising costs are not eventually passed on to the end customer. Some people choose to ignore this fact.
And new investors will simply factor these costs into their calculations.
Smart investors will always accept change, and the smartest of them will entirely outsource their investment management…
