Renting Out Your Property in The UK
- Decide on how you wish your property to be managed. If you decide to let an agent handle your property, it's pretty common for them to take care of all the elements for about 10-15% of the rental income.
- Make considerations on the taxes. Ensure that the HMRC is aware of your intentions and apply for the non-resident landlord scheme.
- Find a suitable ex-pat landlord insurance that will cover you and your property including contents, damages, and any legal fees.
- For mortgages, inform your provider.
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