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There are around two million landlords in the UK. That figure continues to grow as landlords continue to fulfil the role once carried out by the state-led social housing, and as tenants increasingly look at renting not simply as a necessity, but also by providing flexibility before they commit to a location or to buy a property. But as the private rented sector becomes more competitive, how can landlords appear more appealing to tenants? 

Furnished, unfurnished or even part furnished. As a landlord, you have several options when you let a property. There is no legal requirement for you to furnish your property and there are pros and cons whichever route you go down. We've put together this guide to help you decide which option is best for you.

 

Homeowners have enjoyed years, perhaps even decades of low mortgage repayment costs and this has also kept down the cost of rents. Whilst most people in the private rented sector believe the recent interest rate rises, as well changes to tax and regulations will to put pressure on landlords. Millions of landlords around the UK are beginning to consider passing on costs to their tenants and it begs the question: “How much more can rents rise?” 

Across the UK there is a trend for high street letting chains to charge landlords in the region of an average of 12% of their annual rent to find new tenants for their rental property. In addition, there are all sorts of other costs associated with letting a property that can make the process very costly for both a landlord and a tenant.