The other side.
WHAT LETTING INVOLVES
Preparing the property Finding and selecting tenants Agreeing terms Collecting rent Maintaining the property Handling problems Ending tenancies properly
WHAT TO ESTABLISH BEFORE LETTING
That you are entitled to let it That any mortgage or lease permits it What obligations apply to you
WHY
Letting in breach of a mortgage or head lease creates serious problems.
WHAT TO PREPARE
The property, in a condition fit to occupy.
WHAT TO ESTABLISH ABOUT SAFETY
Electrical installation condition Gas equipment, where applicable Structural safety Water supply and storage
WHY
Injury to a tenant from a defect you knew about or should have known about is your responsibility.
WHAT TO SELECT TENANTS ON
Ability to pay References Verified identity
WHAT TO VERIFY
Identity and employment or income Previous landlord reference
WHY PREVIOUS LANDLORD
It is the most informative reference available.
WHAT TO ESTABLISH IN THE AGREEMENT
Everything, in writing.
WHAT TO PROVIDE
A signed copy, and receipts for all payments.
WHAT TO RECORD
Condition at the start, agreed with the tenant.
WHY
It protects both parties.
WHAT TO ESTABLISH ABOUT REPAIRS
That you respond promptly.
WHY
Neglected repairs worsen, and they justify tenant complaints.
WHAT TO NEVER DO
Enter without notice Change locks or disconnect services to force departure Remove belongings
WHY
It is unlawful in many jurisdictions and it produces liability.
WHAT TO FOLLOW
Proper process, for any eviction.