{"id":1124,"date":"2009-01-29T16:03:38","date_gmt":"2009-01-29T15:03:38","guid":{"rendered":"https:\/\/www.lettingaproperty.com\/landlord\/blog\/?p=1124"},"modified":"2009-01-29T16:03:38","modified_gmt":"2009-01-29T15:03:38","slug":"renting-from-abroad","status":"publish","type":"post","link":"https:\/\/www.lettingaproperty.com\/landlord\/blog\/renting-from-abroad\/","title":{"rendered":"How to let your home whilst abroad"},"content":{"rendered":"\n

According to the Office of National Statistics, over 300,000 of us Brits choose another life abroad every year.<\/p>\n\n\n\n

The big question is, \u201cwhat do we do with our house when we move abroad?\u201d<\/em><\/strong><\/p>\n\n\n\n

Should you let your property or sell it when you leave the UK? <\/strong><\/h2>\n\n\n\n

Traditionally, most emigrants would decide to put the house on the market for sale, however, with current house prices on the slump and difficulties in getting a mortgage, sellers are opting for rentals instead.<\/p>\n\n\n\n

It can be a great idea to rent your property when you move abroad. You could potentially generate a second income stream or pay of the mortgage on an asset for the future.<\/p>\n\n\n\n

If you have never rented out a property, the thought of it can be daunting \u2013 moving abroad and renting, for most people, would be out of the question.  But don\u2019t stress, it is not as hard as you may think.<\/p>\n\n\n\n

You have two choices as to how you will manage the tenancy agreement.  You may choose to manage the agreement yourself or enlist the services of a local or online letting agent.<\/p>\n\n\n\n

Using your a letting agency to manage your property from abroad<\/b><\/h2>\n\n\n\n

If you have opted for a letting agent to manage your property, they will be responsible for the day to day dealings with your tenant.<\/p>\n\n\n\n

This would include the following minimum requirements:<\/p>\n\n\n\n