Owning a property is by far the single largest investment you are more than likely to make. A rental property can be an excellent investment for a number of reasons, a realistic alternative to pensions on the other hand offer a additional source of income and most of all achieve a good return on your investment rather than money in a savings account, therefore should you decide to make available this property for rental the process can be quite stressful. We at C J lettings take away all the stress while you sit back and relax and see your investment grow.
- Advertise your property on all major websites like lettingweb.com, findaproperty.com, rightmove.co.uk, letting-in-scotland.co.uk, prime location.com and many more.
- Ensure maximum promotion of your property
- Carry out credit and reference checks on potential tenants
- Draw up letting agreements
- Collect deposits and rents
- Inspect your property on regular intervals making sure it is maintained at its best
- Arrange relevant certifications such as Gas, Electric and Energy performance
- Condition reports
- Draw up tenancy agreements
- Tenancy renewals on 6 monthly intervals
- Tenancy termination
- Rent guarantee
- Offer additional services such insurance, gardeners, painters, window cleaners, joiner, locksmith and any other work required
Guide for Landlords
To ensure that he/she complies with the law and that the tenancy agreements runs smoothly there are several matters that the landlord must deal with before the property can be let.
Preparing the Property
The key to a smooth- running tenancy is to establish a good relationship with tenants, right from the very beginning. We believe that they should feel comfortable and safe in their temporary home and within reason be able to treat it as if it were there own. A well maintained and presented property in a good decorative order will achieve a higher rental rate but at the same time will also encourage tenants to treat the property with great respect
It is the landlords’ responsibility to ensure that the central heating, Gas Plumbing, Electrical, waste and hot water systems are all in good working order before any tenants move into the property. Any repairs or maintenance required is at the landlord’s expense unless misuse can be established.
Properties can be let Fully Furnished, part Furnished or unfurnished. Which of these is the best for the property, will depend on the type of property and the local market conditions. However as a minimum you need to provide good quality carpets, curtains and light fittings. All cupboards and shelf space must be left clear for the tenants own use. You must bear in mind though that after each tenant there will be some ware and tear on the property.
Before the start of the tenancy the property must be in a general clean condition. However at the end of the tenancy it is the tenant’s responsibility to ensure the property is left exactly as they found it-where they fail to do so the landlord reserves the right to hold back the tenants deposit and arrange cleaning to be maintained, at the tenant’s expense.
Gardens should be neat and tidy and rubbish free, with any lawns cut before the start of the tenancy. During the tenancy it is the tenant’s responsibility to maintain the garden to a reasonable standard, proving the have the correct tools to do so.
One set of keys should be provided to each tenant- should the tenant loose these then it is there responsibility and expense to get new keys cut.
Information for the Tenant
It is helpful to the tenant is landlords leave information e.g. on how to work the central heating, alarm, when the bins will be collected etc