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The Landlords Letting Process
Letting out a house or flat can be a great investment, but there are a few things to look out for. We can help you find tenants, get the right price and manage the paperwork.
Step 3: Find your tenants
If you do you decide to use us to let your property, please get in contact with us and we will proceed to find you the right tenant. We will keep you up to date on letting your property, from how many people are interested in renting your property, to when viewings are taking place and to what they think of the property.
We will advertise your property extensively online and in local papers, making sure it gets seen by as many potential tenants as possible. We will show prospective tenants around on your behalf and we’ll make sure it’s convenient for you and for any current tenants. It’s always best to show off a property in daylight, but evening viewings are no problem: We can also show people around at the weekend too.
Step 1: Make your property looks its best
We’ve found that when a place just feels right, the first few minutes are often all prospective tenants need to decide.
This means that making your property look its best could be the difference between a quick rental and a long slog with an empty house or flat on the market. Letting property doesn’t have to be hard work.
PresentationBe objective – don’t overlook flaws just because you don’t mind themReduce clutter – get rid of everything but the bare essentialsDecorate neutrally – tenants should be able to see it as their home, not yoursKeep it light – clean the windows and use light colours to decorateOutside and in – fresh paintwork and well cared for outside spaces make a great first impression
Step 4: Get the paperwork done
When we have found the right tenants and both you and they have agreed to move in, there is some paperwork that needs to be done before the tenancy can start. We will take care of this and send all the documents to you and your tenants.
We call this stage ‘let agreed’ and it starts with checking credit references. We will request credit checks on your tenants, follow up references and talk you through any potential problems.
Next, we will draw up a tenancy agreement that sets out exactly the terms of your contract with your tenant, including any special requirements you have. We will send you and your tenant copies to sign, all you have to do is check it, sign it and send it back to us before the tenancy starts. We will forward a copy of their signed agreement to you and your signed agreement to the tenant.
Finally an inventory needs to be recorded. The inventory records the contents and condition of your flat or house at the point when your tenants move in. We can arrange this and give you and your tenant a copy of the inventory and schedule of condition. At the end of the tenancy we will do another inspection to check that nothing is missing or damaged.
Step 2: Get a valuation from us
A little research can give you an idea of what the right rent is for your house or flat. Ask yourself What’s the going rate in your area? Check with us or search online for similar propertiesHow much do you need to cover your mortgage and other expenses?
If you want a professional opinion on where to set your rent, get in touch with us and we’ll value your property for free and without any obligation to use us for letting or management.
To arrange a free valuation by one of our experienced agents please do get in contact with us.
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