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PROPERTY
For Sale

REAL ESTATE
Investments

Up to 5km from location

All bedrooms

All prices

In This Guide

Administration

Here is a checklist of things to do before you advertise your property to let:

Get permission from mortgage lender if the property was not originally bought using a buy-to-let mortgage.
Review your buildings and contents insurance cover and make sure your cover is valid. Upgrade or change your policy if necessary.
Get permission from the head lessee if it is a leasehold property.
Ensure gas appliances are checked in accordance with gas regulations.
Check that furniture complies with the Furniture and Furnishings (Fire) (Safety) Regulations.
Arrange appropriate lettings insurance.
If you are an overseas landlord, apply for an Exemption Certificate from the Inland Revenue.

And here is a second list of things to do before the tenant moves in:

Check the tenants' references.
Check the lease has been reviewed by a solicitor and signed by all relevant parties.
Ensure that you have received the deposit and the first rental payment.
Make sure that the inventory has been supplied, agreed with the tenant and signed by yourself and the tenants, with all parties keeping possession of a copy.
Redirect mail if you are the registered occupant of the property. Tenants will probably fail to forward your post to you.
Leave instructions for any appliances at property.
Label stock cocks, fuses in fuse box, switches in boiler and the cut off points are for gas, water and electricity.
Provide the appropriate number of keys to the tenants/lettings agents.
Contact the utility providers to arrange a meter reading and to arrange for the tenants to take over the accounts. The tenant may need to write a letter to the suppliers stating that they are the new occupant.
Contact the local council to arrange for the tenants to take over payment of council tax.
Ensure that there is a telephone line in the property.
Leave the property in a good state and make sure that you supply everything that was agreed in the property.
Show the tenant where the smoke detectors are and give written procedures of how to operate them.
Provide the tenant written procedures telling them whom to contact if there is an emergency. This may be yourself, a 3rd party, or a tradesman.

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