Overseas landlord and rent collection

Landlord Discussion
1

Hello Community, I am an overseas landlord and I need to apply for an non-resident landlord, application to have UK rental income without deduction of UK tax. NRL1 form.
Details here:

I wonder how that plays with Rent Collection when it collection goes through OpenRent.
Anyone has any experience on this?

A.

2

Hi Anthony,

We’re only able to offer rent collection to UK resident landlords for this reason. On our opt in page it says:

Our Rent Collection service is only available if you are a UK resident. By enabling this service you are stating that you are a UK resident.

Hope that helps,
Sam

3

Thanks for clarifying that for me Sam.

A.

4

Does that also mean that RGI is not an option?

5

If your tenants pass referencing, or provide guarantors who do, then you will be able to access Rent Guarantee Insurance for £89 per year.

6

Hello, I’m likely to be moving abroad and would like to use open rent to rent my house as we’ve already sourced a tenant. Can I use OpenRent? A first glance the tax payable on the first month’s rent after your (very reasonable) fees would exceed the £100 tax exemption for tenant-finders.