Property prices go up as well as down, so you might not get out what you put in. The same goes for how much rent we collect. Our forecasting tools help with the guesswork but they're not a reliable way to predict the future. Please also note that invested capital is illiquid and is not protected under the Financial Services Compensation Scheme.Ok, got it
When you invest to become a buy-to-let landlord you take on the responsibilities of being a landlord. However, in the case of investing with UOWN, being the landlord, and all the day-to-day hassle that involves, is our job, or rather the experienced letting agents we use.
But there are responsibilities of being a landlord that cost money, and so as an investor you need to pay your share of those costs.
These costs include maintenance. As a landlord you have a legal duty of care to ensure a rental property is kept to a certain standard, is safe to live in and is environmentally sound. This includes looking after the following things:
A landlord is liable for dealing with issues such as mould and damp and for the provision and maintenance of systems such as security and fire alarms. A landlord is also committed to ensuring the property performs in line with its Environmental Performance Certificate rating, which may require further maintenance work.
Yes, but you don’t have to do anything. All these maintenance tasks carry a cost, but this is automatically deducted from the rental income a UOWN investor receives, commensurate with your % share of the property.
So you can sleep easy knowing that UOWN are taking on the responsibility of being the landlord and physically carrying out the repairs, and you are meeting your share of the costs without having to lift a finger.