I'm buying my first buy-to-let in England. Should I manage the property myself to save costs initially, or is it always better to use a letting agent for a first-timer? What are the key pros and cons for a new landlord?
Quick Answer
Self-managing your first BTL can save money but requires significant time and legal knowledge. Letting agents offer expertise and convenience, offsetting costs with efficiency and compliance.
About This Topic
First-time UK landlord? Decide between self-managing or using a letting agent. Explore pros and cons, costs like 5% SDLT surcharge, and legal obligations.
This question is part of our Buying Your First Property category, providing expert guidance on UK property investment.
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