Tenant Checks

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    Tenant Checks

    Hello there

    I’m moving out of a flat I own and would like to rent it out on a long term AST to a professional working tenant.
    What information should I request from interested tenants.
    I want to be assured that they will be good rent paying tenants living in my accommodation.
    Should I run a credit check too? If so, let me know a good website for this and what I should look out for in these checks.
    Thank you for any help

    Maria

    #2
    RLA and NLA have tenant checkers.

    Assuming you've not been a landlord before humbly suggest you join RLA or NLA and do their landlording courses. They will be cheaper (time, £££) than ignorance- which I sadly know about having started, thinking I knew things, made expensive mistakes, been learning since.

    And see here...
    https://forums.moneysavingexpert.com....php?t=5180214

    Are you in England, Wales, Scotland?

    Get the place valued NOW by a couple of agents - once you move out you are liable to CGT on increases...
    I am legally unqualified: If you need to rely on advice check it with a suitable authority - eg a solicitor specialising in landlord/tenant law...

    Comment


      #3
      What artful says.
      There are lots of legal requirements now for landlords, with potentially hefty penalties if you get things wrong.

      Comment


        #4
        What Credit refs would you expect to provide if renting your Property?
        Join NLA/RLA as advised

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