When letting out your property, you might find it helpful to keep some of these general tips in mind.
1. Consult your mortgage lender first – renting out may conflict with the terms and conditions of your mortgage. You can usually update this quickly by getting in touch with your mortgage company.
2. Take out lettings insurance. This is one form of insurance that is particularly advisable.
3. Ensure that all the gas appliances are checked according to the regulations.
4. Check that furniture complies with the Fire Safety Regulations.
5. If you are an overseas landlord, apply to H&M Customs for an exemption certificate.
6. If the property is leasehold, you will need to obtain permission from the person who sold you the lease.
