How do I rent my new build home?

Posted by kai-barnyard@reddit | AskUK | View on Reddit | 3 comments

Hello!

I am a new home owner, it’s a new build in Kent.

The building work on the development is basically done, a few houses still haven’t sold. They are lovely homes, built with a small developer and have great reputation.

I am 24, am the director of 2 businesses and am able to work from wherever I choose.

I like to be able to go from place to place and spend a few months abroad, however I realise now having this house and mortgage is a big responsibility to just pack up and leave behind for months on end.

Whilst I can afford to do this financially, it’s defo not the most sensible route. My mortgage is around £1600 for a 3 bed stunning house (semi detached).

I am in a difficult situation, since I bought the house as a long term commitment, it is round the corner from a family business, and will be a great base to have for me in the UK.

Whilst I don’t really want to commit to having long term tenants (since I still like to have a base), I also understand that short term tenants aren’t really a thing in this UK?

My mortgage is with nationwide, I’ve lived here for about 8 months now. It is a residential mortgage, and I understand there’s some terms behind me living in the property etc I think?!

I am a complete novice to mortgages, renting, and what the best thing for me to do here is.

Appreciate nobody can give me the holy grail answer, but any thoughts most welcomed!