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If you are a first-time landlord or about ready to take the plunge and buy your first rental property it is an exciting time. A nervous time as well. There are so many things to consider when you rent out your first property. To help a little here are our top tips and advice for first-time landlords. 

A nightmare. The tenant from hell. They are labels used to describe their least desirable renters by private landlords. Those tenants the landlord will certainly not be renting to again. Most landlords who have had buy to let properties for a number of years will have a war chest of horror stories about nightmare tenants. Rogue tenants are a serious problem and one which gives even the most experienced landlord sleepless nights. 

Most, if not all, landlords will charge their tenants a deposit. There is no legal obligation to do so of course but it does provide a sense of security. And tenants do expect to have to pay a deposit. So most landlords are used to dealing with them. Yet despite it being the law since 2007 some still don't realise that they must register their tenant's money with a deposit protection scheme. 

One of the great things about being a landlord is having numerous options as to how you structure and manage your property business along with access to professional services that can be taken on a pick n’ mix basis, depending on the landlord’s individual situation.