Inexperienced landlords often don't take into consideration ongoing and additional expenses involved in buy to let property investment in London. Landlords need to build in flexibility in their finance to cover unexpected expenses and as well as regular expenditure.

Professional landlords always prepare to invest money on their portfolio to ensure they remain competitive in the market place and maximise their return on investment.

Additional cost might include the following:

- Agent Lettings fee
- Property management fees
- VAT (Value Added Tax)
- Insurance
- Income Tax
- Void periods
- Rent arrears
- Repairs
- Ongoing Maintenance
- EPC (Energy Performance Certificate)
- Gas, Electrical & other safety checks
- Redecorating & Cleaning
- Service charges & Ground rent

My team and I have helped hundreds of property investors buy and maximize on their property investments in London. So today I'll take you around Carnaby street, Leicester square and China Town while we talk about the ongoing cost of buy to let property investment! Thinking of buying or selling a property in London? I would love to be your estate agent.

Let’s grab virtual coffee (hopefully Colombian) and a chat? Email me (danny@mycitynest.com) and hope to see you very soon.

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