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Do I need to tell my mortgage lender that I’m going to let my property?
Yes, you will need your lender’s permission before you can let your property; they may have special conditions that you need to comply with or need to be added to the tenancy agreement. Most lenders will give permission when you apply to let out your property.
Why do I need an inventory / schedule of conditions when I let my property?
It’s important you have an inventory so if there is a dispute over damage at the end of the tenancy, the inventory can be used as evidence of the condition of the property and its contents when your tenant moved in. When raising a dispute with TDS (The Independent Deposit Dispute Panel) they will want to see an inventory or schedule of condition. We can arrange this with minimum fuss.
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