How to rent my Flat?
Tuesday, April 28th, 2009 at
11:01 pm
In the next 2 years I am planning on moving homes and I would like to rent out the flat I have.
Can anyone recommed a website that tells me what I need to have done to the house before it is rentable.
Thanks
Quick House Sale
Related articles:
- Can i stay at the uk for 6 months and rent a flat if i was 17 yrs old? I am 17 years old and I have my Gap Year, i got a tourist Visa and i’m planning on going to Manchester because i have some friends there...
- If i bought a freehold groung rent for £12,000 does and 50 years left on lease,will i be able to rent the flat? be able to rent the flat out to someone until the lease finishes, i saw a property freehold with 50 years lease remaining and £150 a year ground rent...
- How to rent a flat in San Digeo from overseas? We are moving to San Diego in October 2008. My husband is a US Citizen who moved to UK in 2005. (3 years ago). How can we rent a...
- Renting House/Flat in UK? Hi you all, I’ve decided to move from sharing a house with a cople of friends to moving into a studio or 1 bed house/flat and contemplating the possibility...
- Is it best to buy a bigger house or buy a fat and rent it out? Live in Essex UK and will shortly be lucky enough to be able to look at moving.Like my current house but the road has got worse.Am self employed so...
Filed under: flat rent
just call a letting agents and they will sort it out for you, less hassle and less chance of it being empty
just type in your local government website, they allways dive you advice in what is need before u rent any property out
aww cool you live in the u.k. don’t you? well my friend jukka (when he left the u.k.) had to sign the lease from his flat over to someone else. if you wanna talk to him about it go to my myspace he’s like my number 3 or 4 friend.
myspace.com/thewrathofmyheart
I found this website, it looks quite comprehensive. I have done it myself and the advice I would give is find a good agent to find you the tenant, get references and arrange rent collection but manage the property yourself (ie sort out anything that may need to be fixed etc.) as agents charge a fortune for this service and it’s not worth it.
The agent will usually ask for 8-10% for annual rent plus VAT as a fee for finding someone but they can usually get you a higher rent in the first place.
Also check out all the things that you can write off against tax, for example keep the largest proportion of mortgage possible on the rented property as mortgage interest is tax deductable.
Good luck!