Are you considering putting your home for rent? In the following article we give you some practical tips so you can make the best decision and letting your home safely.
Today at SneedProperty, Chris Sneed Realtor will leave you a small guide with all the information you need to know to avoid problems related to the rent. Are you ready to take notes?
If you own a leasehold apartment then, within some blocks, there can be restrictions within your leasehold agreement that prevent you letting out your apartment.
You will need permission from your lender. If you don’t, then you may be in breach of your mortgage conditions.
Each tenant will need their own set of keys, plus a spare set for yourself and one for your letting agent.
It is a legal requirement to fit carbon monoxide and smoke alarms within a rented property.
Many house movers release equity from their home by re-mortgaging it as a buy-to-let to finance their next purchase.
Remember to tell the gas, telephone, broadband, electricity, water and council tax people when you are moving out so you can pay your final bills.
Ideally landlords must have additional cover for their property when it is rented. This can include public liability insurance.
If you know your neighbours well, ask them to keep an eye on the property when you or your letting agents are not on site.
According to Winston Salem Realtors if your property has a gas boiler then you will need to have an approved engineer visit to check the boiler and its flue.
We hope you this information will consider these things before letting your home.