Letting out a property 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. We have been letting property and managing flats and houses for over 25 years, so sit back and let us explain how it works.
Weâve 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 doesnât have to be hard work.
A little research can give you an idea of what the right rent is for your house or flat. Ask yourself;
If you want a professional opinion on where to set your asking 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.
If you decide youâd like us to let your property, just give your local Move estate agents office a call and weâll put you in touch with one of our letting agents. Youâll deal with a local lettings team who know the area well. Itâs their job to know everything about your rental. Theyâll keep you up to date on letting your property, from whoâs interested in renting, to when tenants are looking round and what they think of the property. Weâll advertise your property on the web, in our offices and in print, making sure it gets seen by as many potential tenants as possible.
Weâll show prospective tenants around on your behalf and weâll make sure itâs convenient for you and for any current tenants. Itâs always best to show off a property in daylight, but evening viewings are no problem: weâre open until 7pm. We can show people round at the weekend too.
When youâve found the right tenants and theyâve agreed to move in, thereâs some paperwork to be done before the tenancy can start. Weâll take care of this and send all the documents to you and your tenants. We call this stage âlet agreedâ, and it starts with checking credit references. Weâll request credit checks on your tenants, follow up references and talk you through any potential problems.
Next weâll draw up a tenancy agreement that sets out exactly the terms of your contract with your tenant, including any special requirements you have. Weâll 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, the inventory records the contents and condition of your flat or house at the point when your tenants move in. Because itâs so important that this is impartial, we recommend a specialist inventory company. They will give you and your tenant a copy of the inventory, and will do another inspection at the end of the tenancy to check that nothingâs missing or damaged.
Before the tenancy starts, weâll collect the deposit and the first rent payment on your behalf. As soon as this money clears, your tenants can move in. The independent inventory clerk will be there to check your tenants in, and weâll make sure they get the keys. Letting your property is now complete and you are now a landlord.
