Guide to Letting Your Property
One of our Lettings Directors will visit your property and carry out an in depth assessment to determine the rental value that can be obtained. We do this by analysing comparables of similar properties that have been recently let by ourselves as well as the wider market, taking into account factors such location, size of property, number of bedrooms and bathrooms, overall condition, parking, garden, furnishings and much more. We will then suggest ideas on how you could achieve an optimum rental value, which are there for you to consider. We always look to achieve optimum rent for our clients and will suggest a price we feel is optimistic as well a realistic.
Call us on 0208 429 1683 to Request a Valuation or fill out our Valuation Form and we will get back to you as soon as possible.
An often overlooked yet vital aspect of letting your property is the legal requirements that you the landlord is responsible for. Requirements such as a valid EPC Certificate, Gas Safety Record & Provision of functioning Smoke Alarms are among the most important.
For any outstanding Legal Requirements, we will be more than happy to arrange their provision on your behalf.
Click through to our Legal Obligations page for more a more in depth overview of what may be relevant for yourself & your property.
Presenting Your Property
First impressions go a long way when a prospective tenant is viewing your property. We tend to find that a property that is tidy, well-kept and presentable attracts a likewise tenant and helps the decision making process for the right tenant, as well as justifying a higher rental value.
The following can significantly enhance the potential for a successful letting of your property:
• Decluttered rooms
• Fresh coat of paint where necessary
• Presentable front entrance
• Presentable garden
• Miscellaneous DIY jobs dealt with
• Professionally cleaned carpets if necessary
• A clean kitchen & bathroom
Marketing Your Property
Within 24 hours of your formal instructions, we can have your property on the market. Our Real Time Feed allows us to instantly advertise your property on Rightmove and Zoopla.
Further, in-depth property details on our website, To Let board, State of the Art window displays as well as our busy high street location just across Rayners Lane Underground Station all add to the exposure of your property.
Comprehensive full colour property details as well as our extensive database of applicants enhances the correct exposure of your property to the marketplace and often results in us having immediate interest in your property.
Our flexibility towards Viewing Hours means we rarely miss the chance of sourcing a good tenant.
Finding the Right Tenant for your Property
Finding the right tenant for your property can be just as valuable as obtaining the best rental value, in both the short and the long run. Tenants with a solid credit history, strong employment background and positive landlord references attract a more secure tenancy for your property.
For managed properties we are also able to provide you with a Rent Guarantee Policy from Letsure, which for a one-off fee each year can guarantee rent and possible legal expenses for your property. Visit our Property Management page for more information.
Receiving an Offer
As soon as an offer is received on your property we will contact you with full details of the offer, including requests such as the proposed move in date etc... so that you decide whether or not to accept the offer.
Once you have accepted an offer we will carry out the following:
• Collect a Holding Deposit from the tenants
• Carry out all necessary reference checks – once these are complete and are passed we can move on to the next stage
• Arrange signing of the legally bound up to date Tenancy Agreement
• Collect the remaining balance of the payment of rent + balance of deposit
• Legally register the deposit with the Deposit Protection Scheme, resulting in a faster and more efficient deposit release process at the end of the tenancy.
We can also, subject to a fee:
• Carry out an Independent Inventory
• Arrange professional cleaning of your property
Once all monies has been received from the tenant and contracts signed, we will hand over a set of keys to the tenant. For managed properties we will also contact the relevant authorities to transfer utilities and council tax in the name of the new tenant.