• Home
  • About OASiS
    • About OASiS – Video Testimonials
    • About OASiS – Our Team
    • About OASiS – Career Vacancies
    • About OASiS – Awards & Associations
  • OASiS Sales
  • OASiS Sales – Properties for Sale
  • OASiS Sales – Recent Successes
  • OASiS Sales – Expert Sales Valuation
  • OASiS Sales – Help & Advice Buyers & Sellers
  • OASiS Lettings
  • OASiS Lettings – Properties to Let
  • OASiS Lettings – Recent Successes
  • OASiS Lettings – Expert Lettings Valuation
  • OASiS Lettings – Help & Advice Tenants & Landlords
  • OASiS Investors
  • OASiS Land & New Homes
  • Local Area Guides & Market Data
    • Ashford
    • Chertsey
    • Egham
    • Englefield Green
    • Laleham
    • Shepperton
    • Staines-upon-Thames
    • Stanwell
    • Sunbury on Thames
  • OASiS News
  • Contact OASiS
Oasis Esate Agents, 4 Clarence Street, Staines-upon-Thames, Surrey, TW18 4SP
  • Sales: 01784 441818
  • Lettings: 01784 779879
  • info@oasisestateagents.com
Oasis Estate Agents
  • Report a Maintenance Issue
  • Contact us
  • PROPERTY SEARCH
  • LOCAL AREA GUIDES & MARKET DATA
  • EXCLUSIVE TO OASIS WEBSITE & COMING SOON SALES
  • VALUATION
Exclusive Off-market Sales

Should You Rent Out Your House?

Home › Help and Advice › Should You Rent Out Your House?
kitchen - st pauls rd 2Given the demand for the rental market in Staines – upon – Thames at the moment, it is easy to see why so many people are thinking about renting out their home. If you have a second home or you have flexibility to stay elsewhere while renting out your home, it can seem an attractive option that will bring regular income in. Many home owners have rented out a single room in their property while others have gone the whole hog and become a landlord.

The important thing to remember about should you rent out your house is the fact that there is no universal answer that is right for everyone. This is an individual decision and the value and benefit of renting out your property will depend on many aspects that are unique to your situation. This means you should seek guidance from local property experts to determine if it is in your interests to rent out your house.

One of the most important things to consider is what the demand for rented property is like in your area. Just because the national average or figures for rented accommodation sounds appealing doesn’t mean that there will be a similar level of demand where you stay. Each local property market reacts and behaves in its own manner, so it is best to consider your options with a focus on where you stay.

The condition of your home, the value of your home, the number of rooms you have and the local amenities close to your property will all impact on the level of demand for your home. A spacious flat in an isolated area may have less demand than a small flat that is located to major transport hubs in a major city, so it is important to think about all of the different aspects that may impact on demand the price you can obtain for renting out your property.

Do you want to act as the landlord?

Another major thing to consider when thinking about renting out your property is whether you will act as the landlord yourself. Acting as the landlord will ensure that you receive all of the rental income, which may be an attractive benefit for most people. However, when you act as the landlord, you have a greater level of responsibilities to take care. There are legal requirements and safety issues to take care of when you are the landlord, and you cannot use regular house insurance when letting out your home.

As a landlord, you will also be on call 24/7 to your tenants and you will need to respond quickly if there is an emergency. If you don’t have the time or skills to carry out these repairs, you will need to call in the professionals which can be time consuming and expensive. There is also the fact that if you act as the landlord, you may not have the skills or tools to carry out a sufficient level of vetting on your clients and you may experience difficulties in reeving rent on a regular basis.

The complexities involved with acting as a landlord means that many people are keen to utilise the services of a property management company who acts as the landlord on their behalf. The property management company will take a fee for their services, but this provides regular income with very little time or hassle. It may even be that using a reputable property management firm will provide you with a higher level of income, which means that the property management firm fee is paid for by the higher rental income.

Thinking of moving to Staines – upon – Thames please contact us we would love to help you on 01784 441818

BlogCategories

  • Help and Advice
  • Home Owners
  • Investment
  • Landlords
  • Lettings
  • Market Updates
  • Sales

BlogArchive

  • March 2023
  • February 2023
  • January 2023
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022

BlogTags

buy buying buying property champagne deposit estate agency estate agent Estate agents Help to Buy history home house Houses interest rates investment landlord landlords lettings London mortgages moving moving home Oasis Oasis Estate Agents Oasis Estates ownership price increase property property ladder property market property prices relocating Rent Renting Renting Your Home sales market selling Selling Houses staines Staines Upon Thames stamp duty tenants tips Vendors winner
What price would make you move??
Free Instant Online Valuation...
Your property journey starts here
Property Search
Personal Expert Sales Valuation
Personal Expert Lettings Valuation
Oasis Estate Agents
ABOUT OASiS
  • WELCOME TO OASIS
  • TESTIMONIALS
  • OASiS TEAM
  • CAREER VACANCIES
  • AWARDS & ASSOCIATIONS
  • LOCAL INSIGHT
  • NEWS
  • CONTACT US
SELLERS & BUYERS
  • LOOKING TO SELL
  • BUYERS
  • EXPERT SALES VALUATION
  • SALES HELP & ADVICE
  • LAND & NEW HOME DEVEOPMENTS
  • PROPERTY SEARCH
LANDLORDS & TENANTS
  • LANDLORDS
  • LOOKING TO RENT
  • EXPERT LETTINGS VALUATION
  • LETTINGS HELP & ADVICE
  • PROPERTY SEARCH
GET IN TOUCH
  • 4 CLARENCE STREET,
    STAINES UPON THAMES,
    SURREY,
    TW18 4SP
  • SALES: 01784 441818
  • LETTINGS: 01784 779879
  • info@oasisestateagents.com

©2023 Oasis Estate Agents |Privacy Policy|Complaints Procedure

Powered by FL1 Digital