As a first-time property investor in the UK, what are the most critical initial steps and resources I need to understand before buying my first buy-to-let, especially regarding legal costs and tenant vetting?
Quick Answer
First-time buy-to-let investors in the UK must understand initial capital outlays like SDLT (first-time buyer relief up to £500k) and legal costs (£1,500-£3,000), alongside rigorous tenant vetting which includes credit, employment, and landlord references to secure rental income.
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First-time buy-to-let investors in the UK must understand initial capital outlays like SDLT (first-time buyer relief up to £500k) and legal costs (£1,500-£3,000
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