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“Property Maintenance Costs in 2023 [upd]

“Property Maintenance Costs in 2023 [upd]

As a landlord, property maintenance costs cannot be ignored. And sometimes it can become excessive if you don’t know how to reasonably service your property. 

The effort doesn’t stop once you’ve bought a residential property, especially if you want to let it out. Long-term protection of your investment is only ensured by appropriate property care. It is the best way to keep tenants satisfied and preserve your property’s condition.

What is wrong with the housing supply in 2022?

Not a well-kept secret, the housing market in the UK is going through turbulent times. It is now understood how the mass-exodus of London workers during the pandemic and the subsequent re-entering of renters after the lockdowns, are affecting housing prices and causing insane fluctuations. However, this exogenous renters’ mobility has not yet settled and its impact is not yet full blown. Add on top of that the war in Ukraine, the subsequent energy crisis and inflation and you have a mixture of unpredictable factors that inevitably manifest in the real estate market too.