Shelter’s Income and expenditure figures highlighted13:57 PM, 4th February 2019
About 2 weeks ago 35
I am a fairly new member to this site but so far I have found it fantastically informative. so thank you all so much!
I am in the process of buying a property for rental, it is a family sized home with an oil fired boiler and oil tank. My question is, how would you handle the oil tank upon letting the property. The tank is not huge but can probably contain around £1500 of oil.
I want to be fair to the tenants and would like to start each tenancy with an at least part full tank – after all the last thing you want to do when you move into a new property is fill up an oil tank. Taking out a new tenancy can be expensive and this could easily turn into a nasty surprise.
Likewise at the end of the tenancy, if the tank is empty and the tenancy started with it half full how can I make sure I am not left footing the bill?
How can I give peace of mind and protect the tenant from loosing hundreds of pounds if they leave the tenancy with a full oil tank?
Does anyone have any experience with this?
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