Outgoings are a particularly tedious and often forgotten component by landlords in their calculations. However, it is important that all elements of the outgoings have been clearly understood by the property owner.

On behalf of our clients and with their approval, we pay the property outgoings from the rent proceeds when they fall due.

Some of the common outgoings include:

  • Local authority rates
  • Land rent
  • Insurance
  • Utility bills
  • Staff wages
  • Mortgage