How to Rent out a Property without an Agent UK |Rental Property Self Management- Letting Property UK
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- Опубліковано 26 лип 2024
- How to Rent out a Property without an Agent UK |Rental Property Self Management- Letting Property UK
My tenants have moved out and i've decided to take on property management and more specifically, the task of letting out the property myself!
In this video I talk about 6 key things that you need to consider when letting (renting out) a property in the UK without an Agent:
1. Creating Listings - plus 5 legal requirements to have in place before getting tenants in; listing photos; deciding how much rent to charge)
2. Viewings
3. Tenant Referencing
4. Tenant Deposits
5. Inventory checks
6. AST Agreements
Mentioned in this video:
OpenRent (Rent Now + Ultimate Advertising Package) - www.openrent.co.uk/our-pricing
Tenancy Deposit Protection - www.gov.uk/tenancy-deposit-pr...
TIMESTAMPS:
Intro/Update on state of the house after Tenants have moved out - 00:00
Things to consider when Letting (Renting out) a Property on your own - 3:07
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#howtorentoutapropertywithoutanagentuk #propertymanagement #rentalpropertyinvesting
perfect , Honestly your desciption is 1000 times better than stupid GOV website
Haha thank you!
Thanks for making this; no nonsense and straight to the point ! Really useful.
Early notifications gang - this content is definitely something I'm going to be coming back to in the future when I embark on starting my portfolio 🙌
Love to hear it 🙌🏾 thank you 😊
Thank you so much! Very detailed & informative.
Excellent video Abigael, informative and factual.
Thank you! 😊
Thank you Abigael for this information, as a first time renter, this is very informative.
Aww I’m so glad! 😊
This is so helpful thank you so much!
Smashed it girl - thank you x
Great educational video …thanks
Really informative video, thank you so much
Hello Abigael, such a great video with so many useful points covered. Thank you for sharing. Perhaps you could do a live-stream or video-update on your experience now?
Very informative thank you 👍🏾
Good informative video, straight to the points 👍
Thanks for that feedback 😊
This was very informative! thank you!!!!
Aww I’m really glad to hear that 😊
Excellent advice, thank you.
So glad you found it helpful 🙌🏾
Great video, thank you.
Thanks for watching 😊
Great info 👍🏽
Thank you 😊
Thanks this was really useful
So glad to hear that 😊
Thank you so much
Great video, thank you 😘
Glad you liked it 😊
As an investor and landlord in Atlanta Georgia this video helps
Aww amazing! So happy to hear that 🙌🏾
Thank you
Just what I needed to hear! Looking to let my apartment out, Letting agents tried to rob me with their charges.
Thanks for putting this video together. After just putting my advert on Gumtree I will reach out to to Openrent. Would be good to connect. Thanks again Ragz
So glad you found the video useful! And yes, have learned now that the next time I go with an agent; it will have to be through referral 😌
@@AbigaelAremu I had listed mine on Gumtree but no calls as of yet! May review the listing and will relist on OpenRent.
Great Video, definitely saving this for the future. Do you also do your own bookkeeping to keep track of rental income or you hire an accountant?
Thank you! 😊 Yes currently doing it myself, but by the time I get the next will definitely be working with an accountant.
Interested to hear how this went since the video. Looking at the costs you list it hardly seems worth it considering a lot of agents charge way less than a months rent for new tenancies.
What documents do you need for as a landlord for a buy to let. For example gas certificate?
Thanks for this video! Another great way of finding tenants is to rent your property to professional relocation companies: Stellis Relocation Ltd is one of them. It is a great solution that I highly recommend to all landlords because they usually rent the property for a long period (3-5 years without void period); they look after your property because they have weekly professional cleaning which limit maintenance for you as landlords. They have in place comprehensive insurance which gives additional level of security. Company Let is the landlord peace-of-mind solution for several years. Also best option because it requires the least of your time to manage your property. Relocation Companies are your dream tenants !! If you want to consider Company Let, we are looking for properties, so let me know.
Hi Abigael, as a first time renter that is looking to manage my property once I take back from agent, what TDS would you advise?.
What about ICO? Do we need to register with them?
Great video Abigael. Where have you invested in your property. Is it local to you. Wondering how you are finding it so far 😀
Thanks Kenroy, mines in Luton and I’m finding it to be pretty good for rental and also appreciation 😊
@@AbigaelAremu Yes Luton seems good. Great for commuting and it's getting more and more popular. I know some who is selling in London to buy a home and a investment vrental flat in Luton.
Thanks for this video, you've gained a new subscriber! Your channel caught my eye a few days ago and I've been binge watching it ever since! I'm 17 years old and I am planning to begin saving up my money so I can buy many houses in the UK and abroad so I can get passive income. For example, if I get a job, I will get money from my job as well as money from the houses I buy that people rent. However, I am not sure where to start. Should I contact my bank? Is it better to wait until after COVID is over since the economy is all over the place and not that many people are moving? Is it a good idea to hire a financial advisor to help manage my finances?
Aww thanks i'm really glad to hear that! When looking to purchase a property with a mortgage, yes you should check with mortgage brokers as well as banks to try and get the best possible mortgage for yourself. People are also still moving around regardless of Covid - you just need to ensure you are buying a good property and the numbers make sense. If you'd like to book a call with me we can talk in more detail - calendly.com/abigaelaremu/15min
@@AbigaelAremu Thank you so much I really appreciate it!
if my tenant is using a guarantor, do i need to reference the guarantor?
Love your videos! I was wondering if you could make a video about getting a property but you live in as a landlord and rent out in the same property. Can this been done? What is the pros and cons? And how does it differ from a straight BTL property?
Thanks Modupe 😊 Yes this can definitely be done! I’ve got a live Q&A session on here at 8pm - will go into this in more detail then.
ua-cam.com/video/os1IIJFB3fA/v-deo.html
@@AbigaelAremu thanks a lot look forward to your answer !
How hard is it to find tenants, and does it depend on what area you are in
It’s not difficult, you just need to make sure you do proper referencing on tenants. I’ve just uploaded a video about this here - ua-cam.com/video/zvCgw-6ozQU/v-deo.html
Did you take rent guarantee insurance?
I didn’t actually as I just felt it may not be worthwhile as they don’t pay you until your tenants have stopped paying rent for about 3 months or so. However I definitely advise looking into it for yourself and deciding on the best course of action for your situation.
Hey how much should the tenant deposit be?
Hey, it’s usually a months rent.
@@AbigaelAremu thank you so much! Find your videos super helpful. Recently purchased my first buy to let property and in two minds whether I should manage it myself or get a letting agent to manage it. I’ve found that the agents have a lot of hidden T&Cs which is frustrating 😭
How is this a guide? You're using a service so you didn't explain how to do anything.
It’s always so surprising coming across people like yourself who can only ever find negative things to say about what others are doing. All the best with that attitude 👍🏾
@@AbigaelAremu How am I intending to look for a negative? The video is advertised as a guide to rent out a property without an agent. If the guide is to: use X service and they do everything for you for a fee, it's hardly an effective guide for someone trying to figure it out, is it?
But it's always so surprising coming across people who can't take criticism or feedback. All the best with that attitude! Not to mention people who jump to conclusions: 'Only ever find negative things to say' - How do you know? Just because I left a negative comment on your video? All the best with that attitude!
Agree with @@Gaminthat this video is a guide on how to blagg with bs when you don't know shit