Property can be tangible (land and buildings) or
intangible (intellectual) thus significant scope.
A Home
Landlords:
letting property should consider flexibility in
conditions / restrictions / furnishings that may impact
marketability / suitability to a wider clientele. The condition of
the property will reflect client base and chargeable rent.
Consider agencies / landlord associations that
may improve your understanding & practicalities of Landlord
responsibilities, obligations and the win/win philosophy with
Tenants.
Seek professional advice about the tax (business
- personal) / mortgage (short - term - long) / running a property
let.
Tenants:
Renting a property can be simple or complex.
Remember two critical points 1. You pay your money and take your
choice. 2. You get what you pay for.
Research your market well and read the rental
agreements carefully. Think big picture and embrace the whole. From
local environment (neighbours, shops, transport and related
facilities / amenities) to Rent (and additional fees like 1. 10%
for repairs and maintenance or wear and tear 2. Cleaning Costs 3.
Tenancy Protection Scheme Insurance) to Contract Clauses (landlord
access, personal effects and vacation).
Ultimately you have a choice - if you don't agree
don't sign the agreement until both parties agree - otherwise walk
away.