As a responsible landlord there are various issues you should address before letting your property. We have constructed a comprehensive guide which should help you to let your property in a legitimate manner. Here are a few extracts and pointers from the guide which is free to download.
You must obtain permissions, from:
• Your mortgage lender
• Your lease holder
• Your buildings insurer
• Any other person or persons who may have an interest in the property
Keys
It is important that you provide sufficient keys for each occupant on the tenancy agreement.
Utilities
Ensure on the day your tenant moves in that you have agreed the meter readings, as a landlord you must inform the utility companies of any change of occupier. It is strongly suggested that you leave information at the property detailing the exact location of gas, electric and water meters including the isolation points. In the event that these meters have limited access by locked cupboards ensure a key is provided.
Council tax
The tenant will normally be responsible for paying council tax. However, if the property is a house in multiple occupation, you will be responsible for paying it although you can include the cost in the rent. A house in multiple occupation, for council tax purposes, is a property, which is constructed or adapted for occupation by individuals who do not form a single household or who have separate tenancies or who pay rent for only part of the property. If you are in doubt as to who will be liable to pay the council tax, contact your local authority.
Decoration
If the property is let in good condition to start with, it will help reduce problems later. It will also help when trying to find a suitable tenant, and in setting the rent. The minimum standard is explained in the Housing Health and Safety Rating System (HHSRS).
To access further information like this please download our free document entitled 'Helping you rent your property'.