As a landlord you have many responsibilities. These include being responsible for paying your taxes from any monies generated by your rental properties on time and correctly. And if you have signed an Assured Shorthold Tenancy agreement, it’s your job to protect the tenant’s deposit by using a Government approved deposit protection scheme. Private landlords or lettings in England are also responsible for checking the immigration status of a prospective tenant under the Right to Rent scheme. Therefore it is a criminal offence if you don’t!
It is easy to get flustered when you are renting a house or apartment for the first time, or even if you have previously gone through the procedure. The important thing is to keep a cool head and to make a checklist for all that you have to keep in mind when you go to complete things with your soon-to-be landlord. Rentila helps in getting you all kinds of property. Whether you are looking for an apartment, office space or house, Rentila is here to help!
Many homeowners throughout the UK, who are considering letting out a property they own, have to make a tricky decision long before any paperwork even gets signed. This question (as indicated by the title of this article) is whether they should work as a private landlord, or whether they should make use of a letting agent. The path you ultimately end up choosing will significantly impact the overall experience, so it’s important to think this through carefully.
In the following article, we’ll be going through both options as a way of best preparing you to make this decision for yourself. Bear in mind that, at the end of the day, it’s your call to make, and nobody else’s — we’re just going to present you with the facts as they apply to letters in the UK.