Comments on: Home owners wanting to move advised to consider letting http://www.landlordzone.co.uk/blog/news/home-owners-wanting-to-move-advised-to-consider-letting The LandlordZONE Weblog - news, economic and legal developments, current affairs and a knowledgebase for those involved with Rental Property, residential and commercial: Investors, Landlords, Property Managers, Letting and Estate Agents, Tenants and Professionals. Tue, 07 Feb 2012 14:26:13 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: andrew m http://www.landlordzone.co.uk/blog/news/home-owners-wanting-to-move-advised-to-consider-letting/comment-page-1#comment-12734 andrew m Tue, 13 Jul 2010 11:53:47 +0000 http://www.landlordzone.co.uk/blog/?p=2740#comment-12734 Before you rush, owners need to understand they cannot "let and forget". Regular inspections are a must min monthly. Ensure you have everything in good repair and get a repair contract such as homeserve british gas etc. Get insured for loss of rent legal expenses and landlords insurance, and dont skimp or risk it. Have the rent paid to you by direct debit and have the inventory service do the inspections if you cant- its cheaper than the agents percentage. Then do your sums, not before. Before you rush, owners need to understand they cannot “let and forget”. Regular inspections are a must min monthly. Ensure you have everything in good repair and get a repair contract such as homeserve british gas etc. Get insured for loss of rent legal expenses and landlords insurance, and dont skimp or risk it. Have the rent paid to you by direct debit and have the inventory service do the inspections if you cant- its cheaper than the agents percentage.

Then do your sums, not before.

]]>