Landlord Guide

Letting out your property can be a daunting task. This guide will help you understand the process. Get in touch for more detailed advice.

01

Get an Accurate Market Appraisal

Experience has taught us that this is the most important step to get right. If the price is too high it is difficult to generate viewings and offers. There is always a lot of competition in lettings and the market moves quickly. Ensuring you are at the right marketing price will enable you to find a good quality tenant as fast as possible.
When valuing your property we will need to know about any additions included in the rent such as utility bills and also whether you will letting it furnished or unfurnished. We can advise if you are unsure.

02

Picking an agent

This can be tricky with so many options. It is important to consider more than just the valuation figure; does the agent seem informed, have they done their research and provided comparable evidence, are they nice to deal with, are they professional, do they answer your questions clearly; this is important as it represents how they will deal with prospective tenants.
Using multiple agents can send the wrong message to applicants and is also more expensive. In our experience, sole agency leads to the best price and minimal void periods.

03

Why not include Property Management?

65% of our landlord clients also use us to manage their properties. Not only does this remove the day-to-day stresses away, but most importantly, it ensures your property will always meet current regulations such as health & safety and licensing.
Our dedicated property management team are experts and are on hand 24/7. Click here for full details about our management service or call us to discuss your property.

04

How much will it cost to let my property?

You will pay a % + VAT of the initial rent period (usually the first year) and this is due once the tenants have moved in. We are a bespoke business and are happy to discuss your preferred payment plan on a case-by-case basis.
Should you employ our management service, you will pay a % + VAT of the rent on a monthly basis. See our fees for more information.

05

Preparing your property for rental

We can advise you on whether there are any home improvements necessary before letting your property. A good rule of thumb is to tick off all those little jobs that you’ve been putting off so that it’s ready for a tenant to move in. The better condition a property is in the more likely a tenant is to look after it so it’s worth starting off with everything presenting well and working properly. If you choose our management service we’ll be able to arrange these works for you.
A professional inventory should be arranged to set out the condition and contents of the property when the tenants move in and, subject to a fee, we can organise this for you.

06

Marketing your property

We ensure that your property has maximum exposure in order to secure the right tenant. Our comprehensive marketing campaign will include exposure on our website, via email alerts to our registered database of applicants, our shop window, and on all the major portals including Rightmove and Zoopla. We want to make sure no stone is left unturned!

07

Finding the right tenant

We understand that having a good quality tenant who is going to look after your property and pay the rent on time is key. You are not only instructing us to market and arrange a tenancy, but also to use our good judgement, gut instincts and thorough referencing procedure to ensure this happens.
We use Van Mildert to thoroughly vet all tenants which includes a credit check, an employment check and a previous landlord reference *.

08

Offers & moving in

This is the exciting bit! We will communicate all offers to you in full, including any conditions, so that you can make an informed decision. Once you have chosen your tenant we will collect a holding deposit from them to secure it and will commence with the referencing process. Subject to your approval of these, we will arrange the signing of a tenancy agreement and collect the moving-in monies (rent and deposit). We will release the keys to the inventory clerk or the tenant on move-in day. Congratulations!

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