Landlord advice
Discussion
Hi,
We are about to rent our house out for the first time and wondered if there are any decent landlord websites recommended for general information.
We've also looked at the various tenancy agreements that are available online but does anyone use them or again, have any recommendations.
Cheers
We are about to rent our house out for the first time and wondered if there are any decent landlord websites recommended for general information.
We've also looked at the various tenancy agreements that are available online but does anyone use them or again, have any recommendations.
Cheers
Yes, we've considered all the potential problems.
It would be interesting to know out of all the properties rented in the UK, how many run into the problems you describe. You only hear of the nightmare scenarios. I guess you couldn't make a TV programme called "model tenants and perfect landlords"!
It would be interesting to know out of all the properties rented in the UK, how many run into the problems you describe. You only hear of the nightmare scenarios. I guess you couldn't make a TV programme called "model tenants and perfect landlords"!
Thanks for all the advice.
We have found a tenant via gumtree! We must have had about 12 calls and 5 emails within 48 hours. They live close and their current landlord is selling the property which they have been in for 4 years and are looking for a long term rent.
I've joined landlordzone and will look at the other one mentioned. Just need to sort an agreement now. A mate who has 4 properties used the whsmith one for a £10! He is tight as a ducks backside though and I think i'll speak to a solicitor unless anyone knows of a good on online?
We have found a tenant via gumtree! We must have had about 12 calls and 5 emails within 48 hours. They live close and their current landlord is selling the property which they have been in for 4 years and are looking for a long term rent.
I've joined landlordzone and will look at the other one mentioned. Just need to sort an agreement now. A mate who has 4 properties used the whsmith one for a £10! He is tight as a ducks backside though and I think i'll speak to a solicitor unless anyone knows of a good on online?
I'll get the agreement drawn up professionally as I don't want to leave anything to chance. Has anyone an idea of the rough cost for this?
The thing is, if you can do your own credit checks, interview potential tenants yourself, and get a proper agreement, why on earth would you pay an agent to do it? I've heard and read of stories whereby they've recommended tenants who've turned out to be a nightmare so are they really doing anything extra that you can,t do yourself?
The thing is, if you can do your own credit checks, interview potential tenants yourself, and get a proper agreement, why on earth would you pay an agent to do it? I've heard and read of stories whereby they've recommended tenants who've turned out to be a nightmare so are they really doing anything extra that you can,t do yourself?
That is a good point. I guess it's whether you want to pay for that and how much. For that service around here it's approx 15% of the rental income.
I have a mate who will handle the maintenance side of things but apparently the potential tenants were in their current property 4 years and never contacted the landlord once! We shall see.
Incidentally, do you normally include white goods when renting? Fridge/freezer I can see the point of but washing machine?
I have a mate who will handle the maintenance side of things but apparently the potential tenants were in their current property 4 years and never contacted the landlord once! We shall see.
Incidentally, do you normally include white goods when renting? Fridge/freezer I can see the point of but washing machine?
In answer to some of the above,I have considered all the implications, furnished/ unfurnished, legal obligations-there are some very good guides online, no there is no mortgage, of course I will arrange landlords insurance and I will check the references given and as I recognise the female half of the prospective tenants as she went to the same school as me, I'm fairly sure she is a UK resident entitled to rent!
I understand what has been said about using an agent and I can see the benefits but I'm happy to go ahead. I have very generously been forwarded a copy of a rental agreement from a letting agent who has seen this thread, for which I am exceedingly grateful.
I understand what has been said about using an agent and I can see the benefits but I'm happy to go ahead. I have very generously been forwarded a copy of a rental agreement from a letting agent who has seen this thread, for which I am exceedingly grateful.
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