Renting out

tribalboy

Hi Guys,

I am thinking of renting out my property and was wondering if there is any guide for a Landlord on this forum.

I own my property and have never rented it before but I get the feeling that everyone has a soft corner for the tenant while the Landlord is the bad man. Is this my misconception or is this really the case. I thought the law was also more kinder for tenants side which confuses me. Shouldnt it be fair to both parties.

I would be living overseas and would really appreciate any guides, helpful information & tips regarding managing my property. Any suggestions on choosing a letting agent would be really great

discplayer

A quick search on here should find you lots of advice on this. Remember an agent will cost you and your tenant but if you're going abroad you've little choice.

As a landlord in one town and a tenant in another I think it is fairly balanced.

The big downside for tenants is that they have no security as they do in many other countries where a higher proportion of people rent. As a tenant out of a minimum term I could receive two months notice to move at any point.

Having said that, flexibility of location is why I rent out the flat I (or rather the bank mostly) owns and I rent another, currently at the other end of the country.

bris

If you are going abroad the the best thing for you is to find a reputeable LA in your area (good luck with that), and just let them get on with it.

blued

Are you in England or Scotland?

If England then http://landlordzone.co.uk/ is a good place to start.

gingertips

blued wrote: »

Are you in England or Scotland?

If England then http://landlordzone.co.uk/ is a good place to start.

recommend you choose a local good letting agency if youve never rented your property out...most amateur landlords are completely that...amateur!

Learn the ropes over a couple of years before deciding whether its worth the risk of you going it alone