Obtain your lenders consent – If you have a mortgage check with your lender you are allowed to let out your property.
Comply with legal requirements including Energy performance certificate ( minimum E rating currently) Electrical safety certificate (every 5 years) Gas safety certificate (where applicable) annually, Fire & Co2 monitors.
Income tax implications – you will need to pay tax on the income you receive as rent.
Pricing of the property – obtain expert advice from us on the current rental market, especially if you are buying a buy to let property. Make sure you know the current likely rental value before the purchase.
Agents fees for finding a tenant or full property management - We offer a tenant find only service or a full management service, ask us for more details about both services to enable you to make the right choice about which service suits your requirements.
Choosing an agent – ask us about our services and how we can help you obtain the best price from the best tenant.
Referencing prospective tenants – we use a professional reference company to collect relevant information about the suitability of your prospective tenant.
Tenancy agreements – We use an assured shorthold tenancy agreement to provide you with the best protection available.
Schedule of condition – We carefully prepare a written and photographic schedule of condition on the property prior to the start of the tenancy minimising any disputes on the condition of the property at checkout. This also ensures the minimum amount of effort & times between tenancies giving the best continuity of tenants and of course minimum void periods of rent.
Inspections - We carry out regular rental inspections to ensure the property is being looked after by the tenants & looking out for any potential problems not spotted or reported by the tenants.
Rent collections & reporting - We report to our clients on a monthly basis & issue statements of account keeping you fully up to date on any expenditure & income received.