Monday 17 November 2014

Living Quarter - Landlords Guide to Renting

Getting the price right

The first point of contact you will have is usually booking the valuation, you will find the staff both knowledgeable and helpful and ready to obtain all the relevant information required to ensure the valuer arrives with as much information as possible to assist them in pricing your property and ensuring the maximum amount achievable rent for your property. The valuer will inspect the property and advise you on any essential repairs and possible things to consider also allowing you as much time as you require to ask questions and getting all the answers you need moving forward.


Getting market ready

Unlike sales a lettings property will need to comply with several rules and regulations with regards to the contents of your property and there are many issues to be considered such as, The Gas Safety (Installation and Use) Regulations 1998, Gas Cooking Appliances (Safety) Regulations 1989, The Electrical Equipment (Safety) Regulations 1994, The Plugs and Sockets etc. (Safety) Regulations 1994 and The Furniture and Furnishings (Fire)(Safety) Regulations 1988 (amended 1989 & 1993) to name a few. What constitutes furnished or part-furnished? These are the kind of things we will help you to navigate.


Landlords Guide to Renting

Once you have decided to instruct Living Quarter we will arrange an appointment to take pictures and prepare property particulars taking into account the detailed information we will have already obtained about your property. This ensures that we prepare particulars that are bespoke entirely to your property with no generic information used. We can use this information to create the property as seen on our website, property portals such as right move, window cards and paper advertising. Most importantly our hardworking rentals team will contact all clients on our database that match your property criteria and generate early bird viewings where possible. We will then continue to do this as and when new clients register with us.


Marketing

Living Quarter never follow the crowd and strive to lead the way from our customer service focused staff and ethos right through to our marketing strategies which include the use of bill boards, petrol pumps, leafleting, paper advertising, property portals, unique sales boards, property particulars and our high street office.


Feedback

Once your property is on the market you will be kept fully informed on both viewing times and what your viewer had to say. We will remain in close contact with you throughout and will be on hand for advice and constructive feedback.


A Landlords Process to Letting

We offer various levels of our services which can be hand-picked to suit your needs. Under your instruction we will continue to monitor your investment throughout the period of advertisement and or management. Full background checks are conducted on all applicants including previous residential references and financial reports prior to acceptance. We are flexible for you to have your desired level of input on the successful applicants and how your tenancy is managed. Once we have successfully negotiated a new tenancy for you we will prepare all tenancy paperwork and legal notices, conduct a full check in report and hand over the keys to your tenants should you choose our full management service, however we can again help you to select the level of assistance your require and will be able to price each service individually. After the commencement of your tenancy we will continue on the basis agreed and will work with you to maintain a successful return on your investment.


Tenants Guide To Renting

Registering with Living Quarter as an applicant’s ensures you will be contacted as soon as we receive instruction on a property and not having to wait till it is released into the public domain. We will be only too happy to advise you on locations, amenities and facilities if you are unsure.


Agreeing a Let for the landlord

Once a successful tenant has been selected the referencing process will be carried out, if this is successful and full, photographic check in will be carried out (if fully managed) and an inventory produced. The tenancy paperwork will be completed and signed and the deposit registered with the DPS (Deposit Protection Scheme) and copies of the paperwork will be forwarded to you for your records.


A Tenants Process In Brief

The next stage is to pay the administration fee to reserve the property which is £175 for the leading tenant then £75 per any other person living in the property that is over 18. This will then take the property off the market and we will then be able to commence the referencing process and discuss possible move in dates.


Going The Extra Mile

Our Rental staff are a proactive and dynamic team who will not hesitate to go the extra mile to make your investment work for you. If you have any special requests we are more than happy to listen and accommodate you where we can. Being a landlord can be a daunting experience should it be new to you with all the technicalities and legal terms it can be a mine field, however with our fully ARLA qualified team behind you there is no need to worry. We will guide and advise you throughout the whole process to put you at ease.


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