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Soon to be landlord.

2456710

Comments

  • bee78
    bee78 Posts: 173 Forumite
    I'd say that given the value of the house, the rent is reasonable. You know the local area though. Are there many people renting 4 bed detached houses for £900pcm?

    To me it seems crazy from all angles. As a landlord it wont make me enough money and as a tenant why not just rent a 3 bed for £600pcm, save the difference and eventually buy a place of my own.

    Exactly my thoughts, dannyboy. That's my worry as well
  • bee78
    bee78 Posts: 173 Forumite
    ognum wrote: »
    does you village have a school? if it does then you have it up for rental at the right time.
    IMO family houses in villages are more difficult to let, I have one and it is certainly more difficult than others.

    can I suggest a couple of things that will make it easier, it's up to you to decide if you want to go for them

    - Take pets, family house with availability for dogs and cats are more easy to let

    - Offer a gardener, some people are put of by large garden maintainence and someone a couple of hours a fortnight may swing it

    - Allow a longer let, many families do not want a six month contract if they have school kids, of course this has some risk

    - Get a second or third agent, I have found getting several agents for a village house allows for competition and makes them work that bit harder

    - Contact big employers, if there are any big employers near you that may have workers transferring in then go to the personnel departments and advertise your property with them.


    Hope these help!


    Thanks so much, I'm writing these down as we speak. There is a hospital and moderate size uni- I will speak to them. Great stuff:T
  • bee78
    bee78 Posts: 173 Forumite
    Our village boost 5 primary schools and 1 high school. The high school serves 5 other Surrounding villages. The 5 primary school are top notch over subscribed schools. We bought here when we heard about the schools. I think I need to tell the agent to highlight these.

    And also look into using an online agent.;)

    The agent just rung me with a viewing appointment:T. So will let all of you know, how it goes.
  • ognum
    ognum Posts: 4,879 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    bee78 wrote: »
    Thanks so much, I'm writing these down as we speak. There is a hospital and moderate size uni- I will speak to them. Great stuff:T

    Many unis have there own accomodation offices, the one in my city offers a free client finder and a rental service like an agent but cheaper.

    They only arrange for staff Lettings separate from their student Lettings so you could try there.
  • silvercar
    silvercar Posts: 51,028 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    I suspect the school places for this September have already been allocated.
    I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
  • tbs624
    tbs624 Posts: 10,816 Forumite
    bee78 wrote: »
    This property is my family home, which I love as much as my family. At the moment we can't part with it
    You'll need to loosen those thoughts off and view the property in a more detached manner now that you are intending to let the property out
  • tbs624
    tbs624 Posts: 10,816 Forumite
    silvercar wrote: »
    I suspect the school places for this September have already been allocated.
    They will have been but any late applications from those moving into the area etc tend to be considered around the end of June IIRC
  • silvercar
    silvercar Posts: 51,028 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    edited 21 May 2012 at 2:39PM
    Removed link at OP's request.
    I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
  • bee78
    bee78 Posts: 173 Forumite
    tbs624 wrote: »
    You'll need to loosen those thoughts off and view the property in a more detached manner now that you are intending to let the property out

    Yes, that true. I can't seem to let go. My best friend said the same thing to me. I guess I have got to try harder.
  • bee78
    bee78 Posts: 173 Forumite
    edited 21 May 2012 at 1:51PM
    Could you remove link pls.
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