House Rent

[chris.i]

What is the Formula for finding how to charge for rent for a house.

[stevie21]

If it's a buy to rent then I think that some lenders state that the rent that you charge must be at least 150% of your mortgage payments. Beyond that you could have an estate agent sniff around the house to put a value on the rent payments.

[Scarlett]

How about asking estate agents to price it for you, like they would if for a sale? They will know what people are prepared to pay for a property like yours, and will be able to advise you in other areas too.

[sjm]

Probably best to speak with a local letting agent, preferably one who has similar properties in the same area. Its hard to beat local knowledge.

[erimus1]

Just have a look in the paper for a comparible mate - If that fails, contact your local authority's rent officer, and they will be able to give you an amount.