Monthly Rent
Other

R Case
R Case
0 Thanks
38 Posts
13 years ago
0
If you are charging rent monthly then it should be 1/12 of the annual amount. If it is weekly it should be 1/52 of the weekly amount.

ie to convert monthly rent to weekly multiply the monthly rent by 12 and then divide by 52.

I would rely on the local letting market to dictate the rent and not a mortgage estimate. Either get two agents to assess, look at the Local Housing Allowance website or one of the property search sites.

If you are new and inexperienced I would recomend that you use an agent as there are numberous legal matters (tenancy deposit, gas certificates etc) that will need to be sorted out

Please Login

You must be logged in to participate in our forums, to continue please login below.

Not a member? From only £75 you can join in the discussion and get access to member's only resources and services join now.