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Landlord Info
Letters Property management offers landlords differing levels of management.
We have three standard services;-
Full Management
• Advising on rental income.
• Marketing and advertising the property for let.
• Checking the references of potential tenants and assessing their suitability for the property in question.
• Negotiating the length of let, engrossing the tenancy agreement and preparing relevant legal Notices.
• Arranging gas/electrical safety certificates and any other works required by the landlord.
• Holding a security deposit against dilapidations.
• Advising the landlord on necessary insurance policies.
• Collecting rent on a monthly basis which is transferred directly to the landlords bank account, minus any costs incurred.
• Supplying a monthly statement and end of year statement via email or post.
• Carrying out inspections at quarterly intervals and reporting any concerns to the landlord.
• Negotiating renewals and rent increases when appropriate.
• Instructing the check out report upon termination and advising the landlord of dilapidations. Negotiating settlement of the deposit and referring to arbitration where applicable.
• Serving any notices in accordance with the Housing Act, where applicable.
• Organising and liaising maintenance works reported by the tenant and/or instructed by the landlord.
Rent Collection
• Advising on rental income
• Marketing and advertising the property for let
• Checking the references of potential tenants and assessing their suitability for the property in question
• Negotiating the length of let, engrossing the tenancy agreement and preparing relevant
• Notices
• Arranging gas/electrical safety certificates and any other works required by the landlord.
• Holding a security deposit against dilapidations
• Advising the landlord on necessary insurance
• Collecting rent on a monthly basis which is transferred directly to the landlords bank account, minus any costs incurred.
• Negotiating renewals and rent increases when appropriate
Tenant Finder
• Advising on rental income.
• Marketing and advertising the property for let.
• Referencing potential tenants and assessing their suitability for the property in question.
• Negotiating the length of let, engrossing the tenancy agreement and preparing relevant Notices.
• Instructing gas/electrical safety certificates and any other works required by the landlord.
• Taking a security deposit against dilapidations, to be held by the landlord.
• Advising the landlord on necessary insurance policies.
Hints & Tips
When preparing a property for let it is important to take the following into account;
• Decorate in neutral colours - but by all means be a little more adventurous than magnolia.
• Supply curtains and blinds.
• Supply a good range of white goods as this will make the property more attractive to potential tenants
• Have the property professionally cleaned – this will help ensure that the tenants will do the same on leaving.
• Organise the garden so that its easy to manage and supply a good range of tools – alternatively send a gardener in once a month
• If you are furnishing the property, supply good quality, modern items. Don’t be tempted to use old-fashioned pieces.
• Put yourself in the tenant’s shoes – would you walk through the door and want to live in this property – does it have the edge over other properties that the tenant might be viewing?
• Remember, this is a long term investment and you need to maximise the benefits, thereby ensuring the tenant would like to stay as long as possible; new tenants cost money!
All our fees are by negotiation depending on size of portfolio – please call 0845 0048280 for a valuation and quotation. Alternatively, call into our office for a chat.
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