When working overseas we had to rent out our house to meet the cost of renting overseas so I was both a landlady and a tenant.
The landlord/landlady may be a pensioner who is getting less return on their money than if they invested in something else, or more because they are hoping to live on it, is expected to pay council tax on an empty property while hoping for a tenant, thousands renovating the flat, cannot rent until taking fire precautions - fireproof furniture, fire alarms, fire extinguisher (renewed every three years), annual electricity checks, gas checks, energy efficiency check, etc, all sorts of expenses like the ten percent to the agent (first month's rent) more if the agent manages the property, repairs, maintenance charge for communal areas, repainting inside and outside of building, several thousand to put in a new bathroom, nearly a thousand just to put in a shower and pump and the cost of the plumber's time and the tiles and retiling, rocket high insurance - almost impossible to get for an empty property. Tenants demand Sky TV aerial put in, change fitted carpet to a wooden floor ... and endless checklist, like painting the Forth Bridge.
The landlord/landlady may be a pensioner who is getting less return on their money than if they invested in something else, or more because they are hoping to live on it, is expected to pay council tax on an empty property while hoping for a tenant, thousands renovating the flat, cannot rent until taking fire precautions - fireproof furniture, fire alarms, fire extinguisher (renewed every three years), annual electricity checks, gas checks, energy efficiency check, etc, all sorts of expenses like the ten percent to the agent (first month's rent) more if the agent manages the property, repairs, maintenance charge for communal areas, repainting inside and outside of building, several thousand to put in a new bathroom, nearly a thousand just to put in a shower and pump and the cost of the plumber's time and the tiles and retiling, rocket high insurance - almost impossible to get for an empty property. Tenants demand Sky TV aerial put in, change fitted carpet to a wooden floor ... and endless checklist, like painting the Forth Bridge.
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