A Landlords Guide
There are both practical and financially motivated reasons why people decide to let.
Purchasing a residential property to let can be a secure and worthwhile form of investment and more and more people are continuing to invest as a way of providing for their retirement.
Moving abroad – be it permanent or temporary – is being increasingly popular and letting your home offers an opportunity to maintain an income from your property with the option to return at a later date.
Many homeowners who struggle to sell their property find that letting their current enables them to relocate or buy another.
What makes an excellent rental property?
This question is one we are often asked by new property investors and the simple answer is that a property should be well presented, well maintained and clean.
Prior to taking on the Management of your property, either Gordon or Heidi will visit your property to ensure both the decoration and repair is of an adequate standard. During the visit, you can expect a rental review, whereby we would take into account the location of your property, the size and demand for homes of this type. We will then discuss the rent you can expect, based on our experience and comparable rentals of similar, local properties.
If you decide to let your property unfurnished, it is useful to envisage what your property will look like to a prospective tenant. A property which is clean, tidy and freshly decorated is the key to securing a tenant!
All Kitchen appliances, e.g. cooker, washer, dryer, dishwasher, fridge/freezer should be in good working order. The central heating system should have been recently serviced and the gas boiler and any other gas appliances safety tested and certification provided.