Advice On Renting
04 December 2004, 07:04 PM
#1
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Advice On Renting
I will be renting out a flat in the next couple of weeks and was wondering if anyone had any useful advice for landlords.
I plan to get them to sign a standard contract. I have seen several of these for sale on the internet. Has anyone here used one or are there any other sources aside from going directly to a solicitor.
On the issue of troublesome tenants what is the legal issue for example if they stop paying the rent. I have heard scare stories where it can take 6 months to get someone out. Is thistrue or an extreme case.
Any other advice or tips would be much appreciated
I plan to get them to sign a standard contract. I have seen several of these for sale on the internet. Has anyone here used one or are there any other sources aside from going directly to a solicitor.
On the issue of troublesome tenants what is the legal issue for example if they stop paying the rent. I have heard scare stories where it can take 6 months to get someone out. Is thistrue or an extreme case.
Any other advice or tips would be much appreciated
04 December 2004, 07:38 PM
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The stories are true. 
A tenant will normally sign a SAT (short assured tenancy) which is a minimum of 6 months.
The law protects the tenant more than the landlord. If they don't pay, you are breaking the law if you chuck them out forcibly without going down the proper routes of eviction. Eviction can take months (or until the end of the lease worst case) if going down the legal route.
Choose your tenants carefully, but I can guarantee that even the "ideal tenant" can turn into a nightmare tenant quite quickly & easily!
A tenant will normally sign a SAT (short assured tenancy) which is a minimum of 6 months.
The law protects the tenant more than the landlord. If they don't pay, you are breaking the law if you chuck them out forcibly without going down the proper routes of eviction. Eviction can take months (or until the end of the lease worst case) if going down the legal route.
Choose your tenants carefully, but I can guarantee that even the "ideal tenant" can turn into a nightmare tenant quite quickly & easily!
04 December 2004, 07:40 PM
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PS I use my solicitor for the lease.
1) It reinforces the fact the tenant is signing a legal agreement and emphasises the professional aspect.
2) He only charges me £50.
3) If there is an issue/mistake/****-up, the solicitor deals with it. If you make a mistake on doing your own legal paperwork, you will pay the price
1) It reinforces the fact the tenant is signing a legal agreement and emphasises the professional aspect.
2) He only charges me £50.
3) If there is an issue/mistake/****-up, the solicitor deals with it. If you make a mistake on doing your own legal paperwork, you will pay the price
05 December 2004, 01:05 AM
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Cheers for that. I may go down the route of a solicitor if one can be had for a reasonable price.
What about credit checks etc. Are there any reccomended organisations available that you can purchase this from
What about credit checks etc. Are there any reccomended organisations available that you can purchase this from
Last edited by kob999; 05 December 2004 at 01:17 AM.
05 December 2004, 08:57 AM
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You can use an agent who will do a tenant find, credit check and draw up the agreement for 2 weeks rent.
Make sure you get rent insurance from someone like LetSure, to protect against non payment.
The law protects the tenant more than you. You have to wait until at least 2 months rent is outstanding before you can start legal matters. May have to wait 6 weeks for court date and then the judge can grant a repossession order from 2 to 6 weeks.
Nick
Make sure you get rent insurance from someone like LetSure, to protect against non payment.
The law protects the tenant more than you. You have to wait until at least 2 months rent is outstanding before you can start legal matters. May have to wait 6 weeks for court date and then the judge can grant a repossession order from 2 to 6 weeks.
Nick
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