1. Home
  2. Help and advice
  3. Questions and Answers
  4. When should I advertise my buy-to-let property to tenants?

When should I advertise my buy-to-let property to tenants?

  1. Dan from Surrey
  2. Renting questions and answers

Question

As a buy-to-let purchaser of a property, at which point should you commence advertising the property to prospective tenants to ensure the property is at no point left vacant (whilst you at the same time have no rental income)?

Answer

We would strongly advise that you don’t advertise your buy to let property to rent until the transaction has been fully completed.
 
However, we would recommend that you have workmen on standby to enter the minute you get possession, and undertake any remedial work and then cleaners ready to have it spotless. You can speak to lettings agents and have an agent lined up ready to list the property once it is ready. Hopefully you will be able to get access to the new property for the agent to take photos and to prepare full details.
 
It is estimated that 25% of property transaction fail and yours could become victim to a problem in the chain which is totally unrelated to your transaction, but affects you nonetheless. The last thing you would then need is a tenant suing you following the signature of a tenancy on a property that you did not legally own at the time.

The team at

The team at

reallymoving.com

Ask a question

Comments

    Be the first to comment...

Your comment

Ready to get quotes?

We've already helped over 1,904,971 movers

8,179 user reviews

Easy to use and best quotes online.

Hannah, 09 April 2017

As featured in