Aberdein Considine is taking its national Landlord Open Day series to Peterhead in June to offer advice to those thinking of leasing out property.
With banks lending freely, many people are considering investing in a buy-to-let property and becoming a landlord.
Such investments have proven to be extremely lucrative in recent years, with a new market report revealing that every £1 poured into buy-to-let in 1996 is now worth £15 – outperforming cash, bonds and shares over the same period.
However, many people are unsure of what is required to enter what is a tightly regulated industry.
Aberdein Considine’s leasing manager, Adrian Sangster said there were a number of things new landlords must consider before renting.
“Leasing property can be a lucrative business, but it is important that it is done correctly. Otherwise, it can end up being an expensive mistake.
“One of the most important things is making sure all legal documents are prepared correctly and the appropriate notices served in accordance with legislation.
“If this is not done correctly at the start, it can cause major issues at the end if trying to remove tenants.”
The open days – which are free – will take place at the firm’s Queen Street branch on June 13.