Page 15 - February 2023

EXPERT ADVICE
SCOTLAND’S PREMIER REMOVAL
Everything you need to know about AND STORAGE SERVICE
becoming a landlord

Nicky Lloyd, Head of ESPC Lettings, shares the most frequently asked
questions from prospective landlords about buy-to-let properties.

dinburgh is a popular area for buy-to- If you’re a self-managing landlord, you will have
let properties but what do you need to commit time and effort to make sure you
Eto know before embarking on your know your rights and responsibilities.
property journey?
How much rent should I charge?
Should I use a letting agent or manage Looking at the gross rental yield of a property
the property myself? is vital for landlords to understand if a property
The cost of a full management service may will be a good buy-to-let investment.
seem significant, but it will bring you peace
of mind that your tenants and property are It’s worth speaking to local experts to find out
being properly taken care of, and that you potential rental income and how attractive a
and your property are compliant with all property is likely to be to tenants.
the current legislation requirements. With
a full management service, the agent will ESPC Lettings will help you get started and
photograph and market the property, conduct develop your portfolio with continued buy-to-
viewings, screen potential tenants, carry let advice, reviewing performance regularly
out referencing, provide a full photographic to ensure you are getting the best return.
inventory and provide a Private Residential Go to espc.com/services/lettings/rental-
Tenancy agreement. They will also take the yield-calculator to calculate the property yield
rental payment and handle deposit protection, based on property purchase price and monthly THE ART OF BEING LOCAL, NATIONWIDE
carry out inventory checks, issue the relevant rental income.
certificates and carry out safety checks. With more than 100 years’ experience, we are one of the country’s leading
Can I enter the property during the companies in household removals and storage. Whether you are moving locally, nationally,
tenancy? internationally or even need to store your treasured possessions, our team of experts
Yes, but you will have to give the tenant notice. will ensure that you can sit back while we take care of everything.

Who is responsible for council tax?
When a tenant is living in the property, they will For a free moving survey and advice contact:
be responsible for paying council tax. This should JOHN DUNCAN REMOVALS - EDINBURGH
be clearly stated in your rental agreement.
0131 654 1200
ESPC@dbonner.co.uk
However, when the property is vacant in
between tenants, landlords will have to pay DOREE BONNER INTERNATIONAL - GLASGOW
council tax and other bills.
0141 339 6000
ESPC@dbonner.co.uk
www.doreebonner.co.uk
ESPC Lettings is an Edinburgh letting agent. We can help with marketing your rental property and finding the right tenants. To
organise a free buy-to-let marketing and management proposal meeting, contact the team on 0131 253 2847 or landlord@espc.com.
JOHN DUNCAN REMOVALS ARE PART OF THE DOREE BONNER INTERNATIONAL GROUP
14 | espc.com

25/01/2023 11:35
DBonner ESPC A5 AD.indd 1 25/01/2023 11:35
DBonner ESPC A5 AD.indd 1