For most people looking to move into a new property, a good internet connection is taken for granted. But for a landlord, it is one more bill to pay, and of course, a good deal of time might have to be spent in order to find an affordable – yet high speed – provider. This, together with a TV package and the basic electrical, gas and water costs, can all add up.
But investing in a good internet connection can sometimes mean the difference between renting or not renting a property out. The notion of not having it at all, or leaving it to the tenant to sort out, is often not found to be acceptable to many prospective tenants. The internet has simply become a huge part of people’s lives – whatever age they are.
The issue of location has also become a factor in recent times. Rural locations can sometime suffer from slow broadband speeds, something that may hamper a landlord’s ability to rent a property out. Since the possibility of working from home has become so real for large portions of the population, a fast, reliable internet connection is considered more of a necessity than a luxury.
As well as choosing the right kind of insurance – from landlords building insurance to buy to let cover – and paying for the basic utilities, having a high speed internet connection is almost on a par with being hooked up to the electricity grid, something that successful landlords are only too aware of.