We're trying to sell our home but its taking much longer than I hoped a while. We need to be in a new home by Dec for the schools applications in Jan, so we're starting to look at renting this flat out instead of selling.
Mortgage wise we can afford it, it obviously means less budget for new home but it's still do-able. But to make sure it really is affordable, I'm trying to work out how many upfront costs there are, and looking for advice on making this work if we have to do it.
We'd prefer to rent privately, and so far the costs I am planning for are:
Landlord insurance
gas certification & boiler service
Electrical checks
legal fees for tenancy agreement
Re-paint to neutral decor
buy furniture and curtains
deep clean before tenants move in
Any others I need to budget for? Your advice much appreciated; this is not a position I ever planned or wanted to be in!
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How can we make being landlords as painless as possible
24 replies
DelBoyImNot · 21/07/2015 09:19
OP posts:
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