What proportion of rental income should UK landlords budget for property expenses?
Quick Answer
UK landlords should budget 20-35% of gross rental income for non-mortgage expenses like maintenance, voids, insurance, and management fees, with specific allocations varying by property type and age.
About This Topic
UK landlords should budget 20-35% of gross rental income for expenses like maintenance, voids, and insurance. Understand the true cost of property ownership.
This question is part of our Buying Your First Property category, providing expert guidance on UK property investment.
Expert Guidance from Steven Potter
Steven Potter is a UK property investment coach with a £1.5M portfolio and over 5 years of hands-on experience. He has helped over 1,000 students achieve their property investment goals through practical, ethical strategies.
Ready to Take Action?
Get personalised property investment coaching with Steven Potter's Property Freedom Framework.
Learn about the Property Freedom Framework