Don't be a landlord. I became one to help my son move.
For 5 years I had the most amazing tenants, I reduced their rent as they hit financial difficulties to try and help, until eventually they divorced and left. Sad day.
Then I made the biggest mistake ever. I took pity on a friend. Let him rent the flat at half the market rate, so that;
a. He could and would always pay the rent.
b. He would maintain it beautifully, he was a builder.
Not only did I rarely get any rent until he agreed to let the local borough pay some of it directly, he smashed up the place.
After repeatedly asking him to leave I had to go to court. I started the process almost a year ago. He has never attended a hearing because he knows the court will do his work for him.
I had a possession order last September. I am still waiting for a bailiff order. A year and time and costs.
Do not be a landlord. The system hates you. Is it any wonder why landlords are giving up and the rental markets becomes more expensive with less property.
@LandlordAction have been brilliant with their advice, shame about the courts.