Buy-to-let can boost retirement income but is not as easy as waiting for dividends or interest payments
Becoming a buy-to-let landlords is an increasingly popular way to boost retirement income, beating dismal returns on bank deposits and annuity rates near historic lows .
But collecting rent is not as easy as waiting for dividend or interest payments to arrive and falling house prices in most areas outside London have dented some landlords’ hopes of capital gains.
Then there is the paperwork. While a property may look safe enough for you to live in, it will have to satisfy a number of tougher tests before it is ready to be rented out. For example, landlords may be required to produce Gas Safe, Energy Performance and Portable Appliance Testing (PAT) documents to stay on the right side of health and safety regulations.
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