How do I do a private let eg. bypassing an Agent?

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    How do I do a private let eg. bypassing an Agent?

    I've a few rental properties all let through agents. I've just completed the purchase on another one and whilst refurbishing it, the next door neighbour popped round to see if we were planning to rent it as he needs to move out mid Jan. So timing wise it is perfect. I've looked over his current property and he keeps it immaculate so it looks like I've found my tenant! So I could do with some guidance now about how I do a private lease with this guy? Where do I get a lease from? What references do I need to obtain and who can provide these?

    Thanks in anticipation

    Mark

    #2
    You can download a tenancy agreement from this site and there are others online.

    Why does he want to rent your place? Why does he need to move out? Get all the facts. I'm suspicious already! How do you know he is the tenant there and not just a guest?

    Make sure you check him out thoroughly with one of the many firms who do credit checking for tenants - google it.

    I would check with his employer and ask to see photographic ID

    You have to do the leg work.



    Freedom at the point of zero............

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      #3
      Hi - thanks for the info. I don't believe its suspicious. I've seen his tenancy agreement and the reason for him having to move out is that the Landlords daughter is moving in after Christmas. Where can I get reference checks done?

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        #4
        Originally posted by Mark2015 View Post
        Where can I get reference checks done?
        See the link below.

        http://www.landlordzone.co.uk/direct.../tenant-checks

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          #5
          Brilliant. Thanks "Mrs Mug"

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            #6
            OR
            Join a landlords' association (NLA or RLA) - get tenancy agreements, discounted reference checking, landlords' insurance and deposit protection through the association. Also I'd recommend you do their training, so you know your legal responsibilities.

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              #7
              You will also need a gas safety certificate. And dont forget to issue the tennant with details of the bond deposit after every renewal.

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                #8
                I used 'Openrent.co.uk' (if your prospective tenant drops out) - they gave the first listing free, and advertise on all the main websites - Rightmove, Prime, etc.
                I found tenants through them and it didn't cost me a bean (only things I paid out for were the deposit scheme, and the usual surveys/inspections). Saved me a fortune in comparison to using an agent - don't forget they charge 20% on top so the fees are huge.

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                  #9
                  I use an online self-service letting company, similar to the one yellcom mentions. You'll presumably be able to skip the advertising part of their service, and just get them to do the credit checks, referencing, drafting tenancy agreement, deposit protection etc.

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                    #10
                    Originally posted by Mark2015 View Post
                    Hi - thanks for the info. I don't believe its suspicious. I've seen his tenancy agreement and the reason for him having to move out is that the Landlords daughter is moving in after Christmas. Where can I get reference checks done?
                    Ask also for the name & address of his previous landlord- then write to him & ask for a reference (the current landlord is pretty much bound to give him a good one if he wants his daughter housed..)

                    Has he been given notice? Just because LL relo wants to move in doesn't mean tenant has to move out: To be forced out (maybe your let won'tr work out) the landlord needs to serve valid notice (at least 2 months..)then go to court, get possession order (often paperwork wrong so rejected) then bailiffs> 3-5 months is starting from now (-ish).

                    Also read this lot
                    http://forums.moneysavingexpert.com/...2&postcount=12
                    & good luck!
                    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...

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