Thinking of letting a property? Read our detailed guide to help you at each stage of the process.
Do your research and get an up-to-date valuation
It is also important that you understand the responsibilities of being a landlord, whether you are planning to manage the property yourself or let it through a professional lettings agency.
The next step is to get an up-to-date valuation. Most agencies will provide these for free, but it is useful to get at least three valuations so that you have a good basis of what price your property can potentially achieve.
Choosing a lettings agency
You will want to choose an agency that will achieve the best possible price for you, but it is also important to ensure the agency you use:
- Understands the local area and rental prices.
- Has proven marketing methods to get your property let in a time frame to suit you.
- Has registered tenants looking for a property like yours in your area.
- Has convenient opening hours (for you to be able to contact them, but also to maximise on times of days potential tenants can view the property).
- Will promote your property on their website and major portals (such as Rightmove and OnTheMarket.com).
- Engages in a variety of marketing methods such as social media, email campaigns, newspaper advertising, SMS and local PR opportunities.
- Takes high quality images and writes detailed property particulars to generate as much interest as possible in the property.
- Has a dedicated Property Management Service to look after your property.
- Will organise the government required Energy Performance Certificate (EPC) on your behalf. This needs to be arranged before your property can be marketed.
If you are looking to use haart as your dedicated Lettings Agency, read our guide on why choose haart.