Whether you are a new or experienced landlord, this bestselling and fully up-to-date book by private rented sector expert and consultant David Lawrenson will show you how to buy the right property in the right location (including abroad) for high rents and capital growth, whatever the state of the market. Get great property deals from developers and private sellers. Decide whether to use a letting agent or find and manage tenants yourself. Comply with all the laws and avoid the tenants from hell. Minimise your property tax bill. This new 2011 edition includes, in particular: Updated information on Local Housing Allowance. Modified sample tenancy agreement with additional Data Protection clause. Eight more tax tips. Revised text following the demise of HIPs (Home Information Packs)
Successful Property Letting
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'A valuable contribution to the savvy landlord's bookshelf' - Landlordzone.co.uk; 'Among the many books published on how to succeed in buy-to-let, this one stands out as a practical and extremely detailed guide...so crammed full of tips that even experienced property managers are likely to pick up some fresh ideas' - National Landlords Association; 'Interesting and useful... particularly [for] those new to the business' - Landlord Law; 'The best book on the subject... if you are involved in buy to let you should consider buying a copy' - SIPPs 2006. --SIPPs 2006
Mandatory reading… invaluable information for all… leaves no stone unturned. --Daily Telegraph
A comprehensive guide to buy-to-let ... Lawrenson's style is accessible and friendly ... enjoyable as well as informative reading. --Mortgage Strategy
Mandatory reading… invaluable information for all… leaves no stone unturned. --Daily Telegraph
A comprehensive guide to buy-to-let ... Lawrenson's style is accessible and friendly ... enjoyable as well as informative reading. --Mortgage Strategy
Book Description
The UK's bestselling book on property letting in a brand new updated edition.
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Most Helpful Customer Reviews
17 of 17 people found the following review helpful
By S. Vara
Format:Paperback
Unlike other authors who brag and waffle, this author is to the point and gives practical advice. It has taught me a lot and it's very very realistic...its not saying you can make loads of money ...it's factual and says you can make money but realistically this is how you can achieve it...using calculations for yield, rental income etc.
I have learnt so much from this book and never knew how involved the whole process was...picking the property, negotiating, conveyancing, decor, tax, yield, etc etc.
Thank you so much for this!
I have learnt so much from this book and never knew how involved the whole process was...picking the property, negotiating, conveyancing, decor, tax, yield, etc etc.
Thank you so much for this!
58 of 60 people found the following review helpful
By Babs
Format:Paperback
This book is absolutely brilliant. It does say that if you use an agent to manage the rent for you, you must also check the references yourself on the tenant they have for you. Ie telephone their employer, contact the last place where they lived and you can check this on the Land registry for £3. It says do a credit check that costs £15.
It also mentions the people who dress smart say all the right may be professional con people who do this all the time and they no their rights once they are in your property. It says in the book never let anyone into the property without getting the full deposit and 1st month's rent first, any one who makes excuses why they can't give you the money upfront is probably going to rip you off(don't take a cheque it has to be cash). It also says that 98% do pay their rents there is only 2% that don't but you always hear about the 2% that don't. After reading this book I would probably not go through an agency as they will not be as thorough in the checks that you would do. It lists all things you need to do etc and give's you sample letters, sample advert's, where to advertise, It gives you a house guide to give to the tenant when they first move in telling them where the stop value is, emergency numbers on plumbers etc. It tells you to take photos of the house before so they can't disagree when you charge them for something that is broken when they leave, it tells you how to evict a bad tenant and a copy of the Assured Tenantacy agreement you get them to sign etc. What tax to pay. It includes everything you need to know about renting. I thought I would need to read at least 5 books on the subject but this covers absolutely everything.
It also mentions the people who dress smart say all the right may be professional con people who do this all the time and they no their rights once they are in your property. It says in the book never let anyone into the property without getting the full deposit and 1st month's rent first, any one who makes excuses why they can't give you the money upfront is probably going to rip you off(don't take a cheque it has to be cash). It also says that 98% do pay their rents there is only 2% that don't but you always hear about the 2% that don't. After reading this book I would probably not go through an agency as they will not be as thorough in the checks that you would do. It lists all things you need to do etc and give's you sample letters, sample advert's, where to advertise, It gives you a house guide to give to the tenant when they first move in telling them where the stop value is, emergency numbers on plumbers etc. It tells you to take photos of the house before so they can't disagree when you charge them for something that is broken when they leave, it tells you how to evict a bad tenant and a copy of the Assured Tenantacy agreement you get them to sign etc. What tax to pay. It includes everything you need to know about renting. I thought I would need to read at least 5 books on the subject but this covers absolutely everything.
20 of 21 people found the following review helpful
By H. Machin
Format:Paperback
I am starting out in the buy to let business and this book covers all the topics I need information on, from finding the right property to selling, and also managing tenants and handling finances. It does all this in 200 pages. The author's style is straightforward, to the point and easy to read. This is a very practical book - the author has 23 years' experience as a property landlord and he knows his topic. Even experienced buy to letters may find some useful nuggets of good practice in it. Highly recommended.
7 of 7 people found the following review helpful
Format:Paperback
I really like this book - it tells the reality about buy to let - which is that you can make a lot of money in it over time and still treat tenants well, but you have to know what you are doing first. It doesn't try to sell you anything, and doesn't pretend you'll be a millionaire overnight! It highlights all the pitfalls that new landlords make but I still found it useful and I've bee a landlord for over 5 years. The author shares his own experience built up over a very long time and sections on managing tenancies, finding tenants, getting the best buy to let mortgage deal, whether you should use a letting agent (or not), the pros and cons of letting to students and people on Housing Benefits and why you need a professional inventory are all especially first rate. And the legal stuff like HMOs, tenancy deposit schemes, EPCs, electrical safety, how to give notice and issue the right tenancy agreement are covered in sufficient detail but without running the risk of boring the reader to death.
The frustrations as well as the fun of being a landlord are all here - a great resource which is already well thumbed. Highly recommended.
The frustrations as well as the fun of being a landlord are all here - a great resource which is already well thumbed. Highly recommended.
7 of 7 people found the following review helpful
By V. Evans
Format:Paperback
For those looking to embark on a letting project or expand on a a small property portfolio, this concise tome is an essential companion. The book contains lots of step by step guidelines to ensure the reader is aware of factors they may otherwise overlook and help avoid potentially expensive and worrysome situations. Very detailed with being fussy.
5 of 5 people found the following review helpful
By K. Ford
Format:Paperback|Amazon Verified Purchase
bought this update as have original which is a mine of useful information and very readable. I highly recommend this book to anyone thinking about buying an investment property.
5 of 5 people found the following review helpful
By K. Gill
Format:Paperback
This book is great. It's full of information and has lots of tip boxes and asides that give you real life experiences and situations that landlords face in day to day business.
I've yet to make a million in property but I'm glad I started out with this book. It really does cover everything and give you a good view into the world of property letting.
I've yet to make a million in property but I'm glad I started out with this book. It really does cover everything and give you a good view into the world of property letting.
5 of 5 people found the following review helpful
By Simon
Format:Paperback|Amazon Verified Purchase
This is an excellent book for those new to letting. Well written and researched with mention of many informative web sites, with the odd splash of humour here and there making the book easy and entertaining to read. As I am an agent looking to learn the letting industry I found it very useful and it certainly covers a great deal more than just the basics as well. Highly reccomended.
Most Recent Customer Reviews
5.0 out of 5 stars
Detailed and practical advice
"Successful Property Letting" by David Lawrenson stands out from the many published books on how to succeed in the buy to let market. Read more
Published 5 days ago by Walter
5.0 out of 5 stars
BUY TO LET GUIDE
Useful. deals with all the important issues. Comprehensive and easy to understand. Helped us decide what to do . we would recommend it.
Published 16 days ago by D. North
5.0 out of 5 stars
Property book
I have read dozens of property books. Mr Lawrenson's is by far the most realistic book. Real life problems and solutions. Thanks
Published 19 days ago by Dr Q
3.0 out of 5 stars
Good but too much theory
In my opinion, this book is more suitable for a person without a lot of experience in the buy-to-let experience as it offers really useful and clear details about everything you... Read more
Published 22 days ago by danmont
5.0 out of 5 stars
A sound basis for seting up a property letting business.
I read this book in 2007, when I first began looking into property investment. Unlike some books and courses which boast the power to make you a "property millionnaire", it... Read more
Published 29 days ago by bristolspark
5.0 out of 5 stars
Constructive, practical advice
Indispensable if you are letting out a property yourself. Includes a sample contract, details of your legal obligations, a step-by-step walk through of the letting process from... Read more
Published 1 month ago by TeePee
4.0 out of 5 stars
Informative introduction into letting
Good introduction into the techniques to make letting a property more profitable. Though I must admit, most of the stuff is common business sense.
Published 1 month ago by Lincoln
5.0 out of 5 stars
Practical and helpful. a good read
Well written and presented book. Highly recommended as the best property letting book I have read. Not surprising this is a very popular book.
Published 1 month ago by Al
5.0 out of 5 stars
Very useful
As a newcomer to the buy-to-let business I bought four or five books on the subject and this book is by far and away the best. Read more
Published 2 months ago by Tim
5.0 out of 5 stars
Brilliant book!
Just read this book from cover to cover and a very interesting read. I have to say the author has covered just about everything and in Successful Property Letting:How to Make Money... Read more
Published 2 months ago by Mike
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