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When I went to Oz last time I was going to let my house.
Everything was fine except the EA didn't carry out the electrical inspection until after I left. They then told me that because my lighting circuit wasn't earthed and I didn't have a new 'trip' fuse box that I couldn't let my house until I had it rectfied.
The EA electrician wanted £4K to do the work! Bearing in mind that I would probably only have cleared £5K pa I said sod it I'll come home and sort it out. After speaking to my next door neighbour who was a sparky I managed to get the whole thing fixed for around £200.
That is the risk you run, people will take advantage of you because they know you are so far away.
And this was using the fully inclusive EA service charging 15% + VAT of my rent, it was supposed to be 'hassle free'.
EA have to deduct tax at the basic rate before paying over the money to you unless you get a certificate from the IR.
You need to get the right insurance for your property if you let it out (landlords insurance) and consider getting insurance cover for people defaulting on the rent.
I think you may struggle to re-mortgage your property remotely depending on who you are mortgaging with (proving income, not being a resident,etc). You'd be better off sticking with your exisiting provider and budgeting for a higher interest rate IMO.
PS The electrical check unlike the gas one was not compulsary I was just trying to be a good person, look where that got me!
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