Guide To Letting Your Property
A Comprehensive guide to letting a property.
Our quick step to step guide to Letting a property with ease.
We have created a step-by-step guide to help tenants on their renting journey. By following these steps you can save a lot of time, reduce the risk of having an application fail and feel more confident when it comes to renting.
Finding The Right Agent For You
Ensuring you find the right agent for you is vital to guarantee your home is let in a legal way and at the maximum possible value, but also an agent who understands your wants/needs from a potential tenant.
When selecting an agent, ensure they advertise on a good range of property portals, their marketing is quality and in short you can really trust them to look out for you and your home.
A true valuation
Although they want to get the very best possible price for you, the Letting agent needs to value your property sensibly and should be supplying recent comparable evidence to support the valuation.
You do not want your property sitting on the market for months with no interest due to the price being too high, this could have an adverse effect and could result in you missing out on months of rental income.
Choosing a Lettings service
Once you have chosen your letting agent and have received a sensible valuation, you need to decide which service option you would like. Generally letting services range from: Let only service where the agent markets and finds you the tenant, Rent collection service where the agent finds you a tenant and then takes responsibility for collecting the rent monthly or a full Management where the agent takes ownership of the full management of the home as well as collecting the rent and passing it onto you each month.
Tenants prefer to know their property is being managed by an established and dedicated agent as it means that any difficult situations will be handled independently. Professional property management often means happier tenants who stay longer.
Compliance
As a landlord you need to ensure that you understand your legal obligation when letting a property as you could be fined or even imprisoned if you do not comply with the legal requirements. Your responsibilities as a landlord are numerous.
By using a reputable letting agent, these burdens can be shared and you will benefit from advice given to you by experienced and knowledgeable professionals.
Agreeing An Offer
As a landlord it can be very appealing to accept the first set of tenants that show interest in order to start receiving rental income as soon as possible however, you need to ensure the chosen tenants that have been qualified and have gone through vigorous credit and refinancing checks in order to reduce your risk. The best way to do this is to choose an agency that has the correct processes in place and uses a reputable credit and referencing company that offers optimum searches.
The Benefits of using our services.
High-Quality
Tenant Screening
We conduct premium credit, referancing and background checks which helps in selecting reliable tenants who are likely to pay on time and take care of the property.
Comprehensive Financial Management
They provide detailed financial statements and reports, tracking income, expenses, and profitability. This transparency helps landlords make informed decisions about their property investments.
Maximum Time
Saving
By managing day-to-day operations, our property managers free up landlords to focus on other investments, careers, or personal interests. This is particularly beneficial for landlords with multiple properties or those living far from their rental properties.
Reduced
Vacancy Rates
We employ effective marketing strategies to find tenants quickly, and also set optimal rental rates based on market analysis, ensuring your properties are rented out swiftly and at the best possible price.
Legal Knowledge and
Compliance
Professional
Experience
We bring expertise and experience to the table, handling various challenges efficiently and effectively. Our professional approach often leads to better tenant retention and satisfaction.
Landlord
Compliance Checklist
Get your free copy of our comprehensive Landlord checklist to ensure you are on top of all maintenance, legal, and administrative tasks are completed before, during, and after a tenancy.
Landlord
Legislation Guide
Download our comprehensive Landlord Legislation Guide for free to stay informed about your legal responsibilities and ensure compliance with all relevant regulations.
Links
Privacy Policy
Cookie Policy
Complaints
CMP Certificate
