04: Using an agent

You can find tenants yourself or employ an agent to do so on your behalf. Agents may also manage the property for you – this is invaluable if you do not live close to the buy to let property.

Specialist agents should understand the market locally, and be able to advise you and help you to avoid making wrong decisions through lack of experience.

It is also important to have the right form of tenancy agreement to ensure that both you and your tenants have sufficient legal safeguards. Your solicitor can advise you on contracts and the law.Last Updated 

Your home may be repossessed if you do not keep up repayments on your mortgage.

There may be a fee for mortgage advice. The precise amount will depend on your circumstances and/or amount of borrowing. We will notify you of any costs before any advice is provided.