Updating post from Reddit.
Hello all!
So i am starting to rent out a my first property! I want to remove myself from home from 1st of august from paging bills and let tenants do it.
Currently i got a british gas for gas and electric. Meters has been changed recently (1 month ago) and on BG website i got a option to close account and receive a final bill OR tell them i am a landlord and give them a details of the tenants.
What is the best in that situation? I got a big balance or the meters so i want to clear this out and receive a final refund from the meters so tenants will have a fresh start.
You simply contact them on 1 August to tell them there are new tenants moving in, and provide them with the meter readings. No drama. You’ll get your refund.
Yes but my question is what is better - close an entire account ir select that i am a landlord and type in a new tenants info? Because i want to clear out a balance from the meters so tenants will have a new account etc.
There is no ‘better’; that’s just what you do. The tenants will get a fresh account, you’ll get your refund. You’re overthinking it, trust me!
If you have any void periods you’d be responsible for standing charges. Might as well keep the landlord account open otherwise you’d have to open a new account each time
Thabks lads! You might have a right i am overthibking of all of that
When you planning on moving back in?
Never? It is btl house
Just wondering. Renters rights bill won’t allow a return of the buy to let for two years. Do bear that in mind if you planning on ever returning.
No j dont want to go back. Just bought a house just for btl for some extra spare money
I would go the landlord route because then it should revert to you when the tenants move out (there is rarely an instant next tenant and someone needs to pay the standing charge in the meantime).