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me again !!!!!

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leeandjoanne | 19:25 Thu 19th Feb 2009 | How it Works
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we want to let out our property which we brought from the cuncil . Can you please tell me simple step by step how to go about it , as we want to do it privatley , we know someone who is really interested and is comming on saturday to have a look this is temp while we move bk with my mum so we can save to go travelling and then come back and sell the flat as were tied in with the council still for another yr and half and if we sell now we have to pay bk part of the discount which is around 15,000 !!!! be silly to give that away for the sake of 18 months . we are doing it priavtly as if we do thru agent we wont really be gaining much and need all the pennies we can get now thanks
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you really must talk to your mortgage lenders first. They may refuse permission, or insist that you gt a different mortgage. From eading round on the internet, some are happy to just let you do it, some insist that you change to a buy to ley mortgage. Whatever, it is illgal nt to tell them (althugh how would they know?)
you must:
Fit smoke alarms and extractor fans
Have gas appliances inspected by a CORGI-registered engineer
Ensure upholstered furniture is fireproof
Register with the Tenancy Deposit Scheme
Find out whether you need a House In Multiple Occupation licence.
Look at your buildings insurance - you will almost certainly need to change this.
While you are away who will sort out maintenance issues for you? if the boiler stops working, who will you get to go and fix it? who will pay for that?
The Association of Residential Letting Agents obviously seeks to get people to use the services of one of their members. However there's plenty of information on their website which is applicable to independent landlords:
http://www.arla.co.uk/infosheets/list.aspx?id= 2

This should also be helpful. (The page doesn't directly tell you that much, but there are some really useful links towards the foot of the page):
http://www.direct.gov.uk/en/HomeAndCommunity/B uyingAndSellingYourHome/LettingYourHome/DG_400 1380

Chris
Also check your Council agreement. There is likely to be a clause in there that you need to live in the house. If not, you're lucky, but it defeats the purpose of assistance by way of discount.

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me again !!!!!

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