With interest rates at record lows and house prices rising, you may be considering investing in a buy-to-let property. But before you take the plunge, it’s important to understand the costs, risks and rewards involved in becoming a landlord.

Schemes such as the stamp duty holiday can make a buy-to-let investment more attractive in the near-term. But it’s important to evaluate all aspects of your proposed investment. The key factor being where you decide to purchase a property.

This guide outlines exactly what you need to know to make your decision: