Do you really have to go as far as selling your house before leaving on a long-term journey?
It’s not necessary, but solo travel advisors state it’s an excellent option.
If you are going on a trip that’ll leave your home empty for a long time, you’ll have no one maintaining your home or paying bills. Which means when you return, you’ll find a dust coated house and a stack of unpaid bills awaiting you.
To avoid the above, you can either get a house sitter or explore these two others options – You could rent your place out, or you could outright sell it.
Renting A Property
Renting your place out means you’ll be leasing your home to someone else to stay for a fixed time period until your return. Depending on who you rent your house to, this could be a great option.
If your tenant is a good one, he/she will maintain your property in your absence, pay bills as they accrue and altogether make sure that when he/she’s rent expires, you the landlord will get your property back in good condition.
On the other hand, if you accidentally rent your property to the wrong kind of tenant, there’s a very high chance that when you return from your trip, even you wouldn’t want your house back after the damage your tenant has done to it. But such costly damage to your property by a tenant can be mitigated by asking them to pay a substantial deposit as part of the lease agreement. This deposit is non-refundable in the event they cause damage to your property without repairing it.
But barring the worst case scenario of having a bad tenant, renting your property is still a good option because when you return from your trip, you won’t have to worry about finding another house because your home is right there waiting for you to reclaim it.
So renting your property is good. But is selling your property better?
In the event you choose to sell your property before travelling, you’ve unburdened yourself of a great weight because you don’t have to worry about a tenant wrecking your place or if your empty house is falling to ruins in your absence. Asides from that, you don’t have to worry about bills or taxes on your house because the burden of that has shifted to the property’s new owner. There’s also the advantage of getting a bulk sum of money to use to finance your trip.
But what if you finally decide to return home? Where will you stay? You don’t have a house anymore, and you’re stuck with trying to find somewhere new. At the end of the day, you might end up with a new house that’s better or worse than your old one. Probably worse if you’re returning home after spending all your money travelling.
Whether you choose to rent or sell your house, you need not worry about how to go about it because firms like PropertyCashBuyers.com are available to immediately buy your UK house or rent it pending your return. With a motto like “we buy any house” you know you’ve found a positive solution to facilitate your choice to either sell or rent your property before travelling.