Should I let my property furnished?

There are several ways of letting a property, each having specific benefits. Take a little time to read the following descriptions, as it will help you to decide which options suit you and also what is needed. If furnishing the property were unlikely to significantly increase your rental income, we would recommend that your property be let on an unfurnished basis, although local conditions vary. There will be less wear and tear and tenants may remain in residence for longer if they have their own possessions around them. In all cases you should remove TVs, home entertainment equipment, items of monetary or sentimental value, fragile ornaments, bedding and linen. Tenants will expect the property to be supplied with at least one TV aerial point and a telephone line should be available. The tenant is responsible for telephone reconnection, if necessary, and for the annual TV license.

FURNISHED

Properties must include suitable furniture for each room e.g. a bed in each bedroom, a dining table and chairs in the dining room etc. The kitchen white goods are mandatory. Fully furnished would also include kitchen accessories, cutlery, crockery and cookware, small appliances and other items to ensure that tenants need only bring their personal belongings, towels and bedding.

PART FURNISHED

Describes all those properties which do not provide suitable furniture in every room. Some landlords are able to meet the furnishing needs of individual tenants by supplying only those items, which are required.

UNFURNISHED

Properties must at least have suitable floor coverings, curtains and light fittings/shades. Most tenants will also expect a cooker. It is quite common for a washing machine and refrigerator to be included. In all cases you must ensure that the furniture and equipment are safe to use and comply with any relevant legislation. You may decide to arrange an annual service contract for the central heating system, burglar alarm, etc. this will help keep any emergency repair costs to a minimum.