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Thread: Uk property law - renting
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05-06-2010, 04:59 AM #1
Uk property law - renting
We may be in a position to rent our house out in the near future, is there any thing i need to know?
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05-06-2010, 05:11 AM #2
In the USA renters are known to trash houses. If you can do it in the UK have a lease drawn up ....legally ... with stipulations, such as, renter is responsible for any damage and what have you. Number of individuals allowed to live in the domicle, pets, smoking or not.... you get the idea.
Be careful how you treat people on your way up, you may meet them again on your way back down.
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05-06-2010, 05:46 AM #3
Unless it is long term or you need the money, don't do it.
Renting out your house for a year or so is not worth the hassle. At least in Belgium. If you have good tenants, you earn some money that way but if you get a bunch of people who don't care, you're hosed.Til shade is gone, til water is gone, Into the shadow with teeth bared, screaming defiance with the last breath.
To spit in Sightblinder’s eye on the Last Day
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05-06-2010, 06:25 AM #4
It would potentially be forever, and may even have a tennat lined up.
Just wondering if any one had experience or knowledge if this,
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05-06-2010, 06:35 AM #5
BigIan,
I would suggest as others have done, that you consult a solicitor over this matter.
As you know the Law in the UK is confusing at the best of times, and that plain statements in English often have different meanings and interpretations under the Law.
Play safe and see a solictor; they charge scalping fees, but it is always best to be cautious - particularly if you are considering a long-term rent out.
Best of luck !
Have fun !
Best regards
Russ
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05-06-2010, 08:25 AM #6
I think you mean let your house rather than rent your house.
The best advice is to use a reputable letting agent, your income will be lower but it can save you endless grief.
Also, set conditions, it seems harsh, but kids, smokers and pets nearly always seem to equal redecorating and other renovations.
If you have a decent garden you will need to make arrangements to get the lawn maintained etc., tenants usually either let the garden go wild or wreck the mower.
You will also need to have the electrics and any gas appliances serviced and certified as safe by an independent contractor.'Living the dream, one nightmare at a time'