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Does anyone here let houses

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    #11
    Originally posted by d000hg View Post
    We've been planning to sell since last winter, once we finished the house. Now, it seems that might not be a good plan. Since the mortgage is only ~£300 a month, renting out our house (3 bed semi, bought for £70K in 2005) seems increasingly attractive.
    But being lazy, I don't really want to have to do anything. How much effort is required both to get a house let, and to keep things running smoothly once you have a contract signed? I figure estate agents do a lot (and charge for it), what do you guys have to say about it?
    You need a good estate agent then basically you do nothing. I let for a few years, and I didn't lift a finger. They took 15%. The only thing I had to do was approve repairs from time to time, most of which were deducted from the rents, apart from the new roof. Eventually they sold it for me, and the only thing I had to do was sign the contract, and transfer the money into a high interest account.
    I'm alright Jack

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      #12
      Originally posted by Wilmslow View Post
      I just agreed to rent mine out to a celebrity - hoping I don't get crack parties and get the house splashed on the cover of Heat magazine!

      Fortunately it is a 12 month contract. within 2 weeks I had 2 people for the place, and I chose who I wanted. It is an easy market for renting at present!
      Lizzy Bardsley?

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        #13
        Being a landlord is a) a c**t's trick b) likely to leave you spending hours on the blower to your solicitor/the neighbours of the let property/the police/the Samaritans.

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          #14
          If it's a quick buck you are after, do as I do and employ a factory in China to manufacture A1 fake Clarice Cliffe teasets and condiment sets. So easy to get the look & feel right.

          See you at Bonhams!

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            #15
            Originally posted by basshead View Post
            My celebrity is only marginally more famous.....

            They may be appearing in the next celebrity jungle.

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              #16
              Letting is great as long as you vet your tenants carefully. If in doubt, go to their prev address and talk to the neighbours, get your accountant to run a credit check if necessary.

              if I'm in doubt, I don't let to them.
              Confusion is a natural state of being

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                #17
                Originally posted by Wilmslow View Post
                My celebrity is only marginally more famous.....
                Marginally more famous than you?

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                  #18
                  Originally posted by d000hg View Post
                  (3 bed semi, bought for £70K in 2005)
                  you sure ?

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                    #19
                    Originally posted by Wilmslow View Post
                    My celebrity is only marginally more famous.....

                    They may be appearing in the next celebrity jungle.
                    So why rent for 12 months or is the jungle the back garden and the grass needs cutting

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                      #20
                      Originally posted by unemployed View Post
                      you sure ?
                      Plenty still available at that price or less if you're not too fussy:

                      http://www.rightmove.co.uk/viewdetai...a_n=2&tr_t=buy

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