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House won't sell should we try to rent?

Frth
Frth Posts: 29 Forumite
in House buying, renting & selling
House has been on the market for a year with only a handful of viewers.

We're considering renting...what do we need to do to prepare it for renting? I've been googling but can't find much solid advice.

Thanks
«13

Comments

  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
    10,000 Posts Fifth Anniversary Name Dropper Photogenic
    What the plan after you sell your house, or let it out?
    Buy another ? Rent ? Tour the world by horse and cart?
  • Mr.Generous
    Mr.Generous Posts: 4,048 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    AnotherJoe wrote: »
    What the plan after you sell your house, or let it out?
    Buy another ? Rent ? Tour the world by horse and cart?

    Horse and cart, how did you guess.
    Mr Generous - Landlord for more than 10 years. Generous? - Possibly but sarcastic more likely.
  • Marvel1
    Marvel1 Posts: 7,512 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    A guide by G_M about being in the landlord business, fee as it and read it again, getting it wrong and not undsrstabding will cost you and even if using a keying agent you are still responsibility not the agent.

    https://forums.moneysavingexpert.com/discussion/5180214/tenancies-in-eng-wales-guides-for-landlords-and-tenants
  • kazwookie
    kazwookie Posts: 14,343 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Why is your house not selling?

    Do you have a link for it please

    It is price / area / needs too much work
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  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    There is ALWAYS a reason why a house "won't sell".

    Are you getting viewings?

    If it's because of an issue with the property itself, rather than simply being too expensive, then why won't it affect rental demand, too?

    If it was a good rental prospect, then you'd be getting demand from BtL purchasers.
  • csgohan4
    csgohan4 Posts: 10,607 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    over priced simples
    "It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"

    G_M/ Bowlhead99 RIP
  • Cakeguts
    Cakeguts Posts: 7,627 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    Enter it into a property auction and move on with your lives. If you let it you could soon find yourself paying two mortgages if the tenant stops paying the rent.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Cakeguts wrote: »
    Enter it into a property auction and move on with your lives. If you let it you could soon find yourself paying two mortgages if the tenant stops paying the rent.

    Most tenants won`t do this IMO.
  • markin
    markin Posts: 3,864 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    edited 7 April 2019 at 12:11PM
    No viewings in 6 weeks, drop price? 12th Sep 18
    https://forums.moneysavingexpert.com/discussion/5894314/no-viewings-in-6-weeks-drop-price


    Frth I don't think you will get anywhere without posting the link to the listing.
  • csgohan4
    csgohan4 Posts: 10,607 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Crashy_Time wrote: »
    Most tenants won`t do this IMO.

    But a BTL brings that risk that a tenant could do this as well as trash the place
    "It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"

    G_M/ Bowlhead99 RIP
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