Newbie landlord q:what kind of AST if we intend to increase the rent after 6 months?

SuzieSue

gemma.zhang wrote: »

What are the cost involved changing tenants?
EA we pay per month when there is tenant in, so won't have costs there.
Guess would be things like : inventory check, cleaning, maintenance touch up, deposit scheme.. What else?

The main cost is the cost of a void between tenants. Your current tenants are under no obligation to allow prospective tenants to view the property (regardless of what it says in the tenancy agreement), so if they will not co-operate then you will not be able to advetise the property properly until after they leave.

neas

I wish u all luck. Sometimes best way to learn is to experience it.

Btw when they say cost they mean readvertisement costs and up to 1 month no rent paid

So this is why seasoned landlords will take less for a good tenant as it means they always pay, an will keep house tiny and same condition.

I always knocked landlors down in terms of rental price

lighting_up_the_chalice

neas wrote: »

Btw when they say cost they mean readvertisement costs and [STRIKE]up to [/STRIKE] at least 1 month no rent paid

Corrected that for you.