Are you ready to become a landlord? Simpler to understand than pensions, and more tangible than stocks and shares, property remains a good long-term investment. Here are the milestone steps that we can guide you through:-
What property? –
You can become a landlord one of two ways – purchase a property especially for buy-to-let purposes or rent out a property you already own. If you’re wondering what makes a good rental, just ask our lettings team.
Figure it out –
A successful let relies on sound numbers, with a focus on both short and long term prospects. If you’d like help working through running costs, along with tax, mortgage and yield figures, get in touch.
A little or a lot? –
Being a landlord can be as hands on (or off) as you like. When deciding what level of support you need, be guided by the amount of time you can dedicate to your let and how much specialist knowledge you have. If you’d like a lettings professional by your side, we’d be happy to help.
Attracting tenants –
You’ll want to set the rent to attract tenants and present your property so it stands out among other listings. We can show you examples of what’s working well in the current lettings market.
Safety first –
Compliance is a hot topic in lettings, with over 100 rules and regulations in place to protect landlords and tenants. When you use our full management service we’ll take care of compliance on your behalf, ensuring your let is legally compliant from day one.
A smooth rental ride –
A stringent referencing process should mean a reliable tenant moves in to your property but you can add extra safeguarding layers with a professional check in, inventory, mid-term inspection and check out programme. A wake up call – as with any property, there may be some small upkeep and repair issues during the tenancy. If you’re keen to avoid a 3am calls about a burst pipe, hand over planned and emergency maintenance to us.
The end –
When a tenancy ends, it’s up to you what happens next. Your options include agreeing a new tenancy with the current tenant, re-marketing the property if your tenant wants to move out or sell the property if your circumstances have changed. We can help you in all three of these situations for seamless care.