I'm considering purchasing my first buy-to-let in an older property. How significantly will Awaab's Law impact my projected maintenance costs and response times for issues like damp or mould, making it harder to remain profitable?
Quick Answer
Awaab's Law, extending to the private sector, will require landlords to address damp and mould issues much faster. This means potentially higher maintenance costs and the need for proactive property management, especially for older buy-to-let properties, to remain compliant and profitable.
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Learn how Awaab's Law will impact buy-to-let maintenance costs for older properties, increasing the need for proactive damp and mould solutions.
This question is part of our Tax & Accounting category, providing expert guidance on UK property investment.
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