How to rent a property
- Do some market research. The best way to do this is to visit a large property portal such as Find A Property.com or Rightmove.co.uk.
- Establish a rental market value, in pounds, per calendar month (pcm).
- Spruce up your property.
- Ensure EPC's are valid.
- Ensure boiler certificate is valid.
- Take photos (this can be done on your smart phone).
- Advertise - visit Happy Landlords.co.uk.
- Find a suitable tenant - visit Happy Landlords.co.uk.
- Conduct an inventory - visit Happy Landlords.co.uk.
- Tenant usually pays a month in advance plus a months rent as a security deposit.
- Place deposit in a secure deposit scheme.
- Tenant completes and signs tenancy agreement (usually 6 or 12 month contract), keep a copy.
- Set up a standing order for rent (advisable).
- Take out landlords insurance (optional), visit Happy Landlords.co.uk.
- Tenant moves in.
- Write to utility companies (your property gas, electricity and water supplier) where possible, obtain meter reading and inform them of the new tenancy.
- Write to your local authority (council) and inform them of the new tenancy.
For all your letting needs Contact Happy Landlords.co.uk