It depends. For Landlords with less than five properties, rental income is usually not enough for financial independence. Plus, if you have a day job, managing both is tricky, so a management company makes sense. Letting fees may be high, but could offset potential...
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Covid had profound effects on the London market – 700,000 foreign-born residents left. Rentals caught a cold. Higher end newbuilds saw rent decreases of 30%+.
The coffee’s not bad at HQ either.