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Renting my house out while i travelle for a year
saintdamo
Posts: 5 Forumite
me and the misses are going backpacking round australia for a year.i am 25 and own my house . i have no morgage problem is i have this house not sure what too do iam a little scared .supposed to be goin at the end of jan 2007. i am doing the house up not alot left to do just cosmectic but don't no what too do then!! how do i go about renting my house and getting the rent and maintaineing the house
would really help me thanks my email is
edited by board guide to remove personal email address. please reply using this thread.
would really help me thanks my email is
edited by board guide to remove personal email address. please reply using this thread.
0
Comments
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I've done this a couple of times.
I contact a local estate and let them sort it out.
I leave the house as it is - give them a key. When they find someone to rent they organise everything going into storage and the place being cleaned then manage the rental.
My only involvement is seeing the rent turn up - you pay for the place to be managed but if you are abroad you will need the service.
I would rent storage facility for things you might need which gives you 24hr access - big yellow, access self storage, ....
If you had a mortgage it wouldn't be a problem - you just tell the company you are going abroad for 6mths - 1 yr and want to let the house. They probably say that's fine but if it goes on longer they may want to transfer to a buy to let product or add a percentage.
Get on the phone to some rental agents on monday and see what they say.0 -
25 and no mortgage...nice...why not get a BTL mortgage on it and use that money to travel in 5 star luxury....all the while your tenant is paying for it0
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