How do I go about letting my property?

by Readers Question

10:32 AM, 23rd October 2014, 12 years ago 4

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Landlord News Landlords Questions

I am an owner of several properties. In the past I have worked for a small organisation supporting persons with mental ill health in my own and my company’s private accommodation. In 2012 it was decided that we would cease our contract with local government because of increasing paperwork and returns and reduction in contract price. Most of our client/tenants chose to stay in their accommodation, some having been tenants for 7/8 years with the unpaid support of ourselves and the Community Mental Health Team if/when required. We usually see our tenants at least weekly.

Now, one of my tenants has left which means I have a void. The accommodation is a house which was shared, one tenant living downstairs and one upstairs both with own lounge, bedroom, (2 upstairs which is where the vacancy is) and own bathrooms, but sharing one kitchen (Tea making and microwave facilities available for upstairs).. My conundrum is – how can I let this space!!? Do I go to an agency, if I let it privately, how can I obtain references, do I charge a deposit etc. etc.

Any advice/support much appreciated

Thanks

Pru (Counsell)

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Mark Alexander - Founder of Property118 Read Full Bio

Member Since January 2011 - Comments: 12212 - Articles: 1408

10:33 AM, 23rd October 2014, About 12 years ago

Dear Pru

I think you should check out a website called Spare Room.

You will also find this page useful >>> https://www.property118.com/renting-by-the-room-a-free-guide-to-maximising-profits/39435/
.

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Mark Alexander - Founder of Property118 Read Full Bio

Member Since January 2011 - Comments: 12212 - Articles: 1408

10:36 AM, 23rd October 2014, About 12 years ago

I have also sent the Tweet below to Sam Cowen at Spare Room

@SpareRoomUK – Hi Sam, do you have any other guides that you could recommend to this lady? – http://t.co/7aGJmDagKz

— Mark Alexander (@iAmALandlord) October 23, 2014

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Mark Alexander - Founder of Property118 Read Full Bio

Member Since January 2011 - Comments: 12212 - Articles: 1408

12:08 PM, 23rd October 2014, About 12 years ago

Twitter replies from Spare Room …..

@iAmALandlord Hi Mark. Pru may want to have a look through our info and advice pages http://t.co/p9t66IDn87

— SpareRoom.co.uk (@SpareRoomUK) October 23, 2014

@iAmALandlord We advise she reads around each obligation to ensure she gets it right, first time.

— SpareRoom.co.uk (@SpareRoomUK) October 23, 2014

@iAmALandlord Perhaps she could consider @nationalandlord membership. They have a dedicated advice line that could prove useful.

— SpareRoom.co.uk (@SpareRoomUK) October 23, 2014

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Jason Holden

Member Since July 2013 - Comments: 34

10:55 AM, 25th October 2014, About 12 years ago

There is also FlatmateRooms: https://www.flatmaterooms.co.uk/

Either way there are plenty of ways to rent out your space which do not involve huge fees to letting agents.

Jason

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