We outline on this page a basic, quick guide and overview for Landlords, to explain what is typically involved with letting property. If you need any further information or advice, please don’t hesitate to contact us.
Once you have understood the aspects to letting a property you may list your property.
1. Online Valuation – if you are unsure how much rental value your property is worth request an online valuation
Before marketing can commence a valid Energy Performance Certificate must be in place, you can forward the Report Reference Number, printed in the top left corner of your certificate, or an electronic copy to firstname.lastname@example.org. The description you have provided must be accurate and not misleading for the potential tenants. We recommend using pictures within your marketing as this can increase the interest in your property by over 80%, please contact us should you require advice on taking photos. Your property pictures can be uploaded to or you can email them to email@example.com
All Lettings must include the following. We can provide you with standard copies if they are not included in your letting package.
Before commencement of the tenancy you will need to have the following completed and copies available for the tenant;
Optional but recommended;
All furniture and furnishings must comply with the Furniture and Furnishings Fire Safety Regulations, please see the attached guide for further information.
Please note that all private landlords and letting agents taking deposits for Assured Shorthold Tenancies in England and Wales must safeguard them with a Government authorised tenancy deposit scheme, information on the free service can be found on the link below.
We recommend that you have your Inventory completed by an independent party so as to provide protection for you at the end of the tenancy, please contact us if you would like further information on our Inventory/Check In/Check Out services.
You will need to speak to your Mortgage provider to confirm that your mortgage allows you to rent the property and also inform your Buildings Insurance provider that your property is tenanted. You may wish to take out Insurance relating to the let such as Rent Guarantee Insurance, at this time we are unable to provide any quotes for you on this service..
As a landlord, you will have to declare your income and costs (whether you make a profit or not). You will also need to keep all your records, invoices, receipts and statements for up to six years. You can request and complete the Land & Property Supplementary pages for your tax return and the guidance notes from http://www.hmrc.gov.uk/saemployees/fagsa105.shtml .
The tax man will allow you to off-set some of the costs involved and we recommend you discuss this further with your accountant.
If you’d like one our specialist managers to conduct an online valuation of your property, please click here to request a free valuation.
Choose the package that best suits your needs. If you’d like to discuss with one of the team please contact us.
Build your own Package – If you would like to have Professional photographs taken without choosing the Full Platinum package, please purchase your package then get in touch. contact us
We strongly advise our Landlords to carry out a full inventory for each separate tenancy. The purpose of checking an inventory is to establish damages which can only be done if descriptions and conditioning remarks are sufficiently detailed at the commencement of the tenancy and then at the end of the term.
Under the terms of the tenancy agreement, the tenant is required to return the property and contents at the end of the tenancy in the same condition as they were at the commencement, fair wear and tear accepted. It is almost impossible to ascertain whether damage was caused during a tenancy without a proper inventory signed by all relevant parties.
If instructed we will arrange a professional inventory and check in on your behalf, the cost of which is borne by the landlord. The tenants are responsible for paying for the check out.
If the landlord has a mortgage, it is normal for mortgagees to require notification of any proposed lettings and the landlord should seek their initial consent. In the case of leasehold premises the consent of the Head Lessee of Freeholder will be required. The landlord should also advise his insurance company of the proposal to let the property as this could either invalidate the insurance altogether or increase the premiums. You should obtain written documentation of these consents prior to letting.
The tenant will be responsible for the payment of gas, electricity, water, telephone, council tax and television licence. (Unless otherwise agreed and stated)
As the landlord you are still responsible for the payment of service charges and ground rent in leasehold properties and buildings insurance on Freehold properties.
Most tenancies are classed as Assured Shorthold Tenancies. Under the Housing Act 1998 (as amended 1996) landlords have more rights to possession than with tenancies commencing prior to the Acts and procedures for possession are now quicker and simpler (provided the process is carried out correctly).
There is no minimum period for an Assured Shorthold tenancy; however we recommend that the tenancy is for not less than six months.
Most tenancies are drawn up for a period of twelve months, some have break clauses. A break clause allows either party to terminate the agreement with two months notice after an initial period of four months the notice may be served. We will be happy to discuss the pros and cons of different time periods with you.