First steps to letting your property
There are a number of items all property owners need to be aware of when becoming a landlord, whether you are an investor landlord or you just want to utilise your property to receive income.
SLL will make sure that all our landlords are up to date with all the requirements to being a successful landlord. Some of the steps below are regulation and some are good practice. We will appraise your property free of charge and advise all the steps you might need to take. We are the perfect choice for you to be a legally compliant and successful landlord.
Everything below can be explained further during our visit, or in the office.
- Signed Agency Agreement (yellow copy), having read both sides, with the necessary sections completed
- Two full sets of keys plus another two front door keys and any alarm instructions
- Completed permissions sheet and property information form
Once steps one, two and three are completed, we can assist you with everything else whilst starting to market the property: - Energy Performance Certificate – this must now be a minimum rating of E, so should be high on your agenda
- Landlords’ Gas Safety Certificate
- PAT Tests (for furnished properties only)
- Electrical Installation Condition Report (EICR)
- Electrical Safety Certificate (NICEIC)
- Landlords’ building and/or contents insurance policy
- Consider health and safety (see H.H.S.R.S.)
- Install one smoke alarm on every floor and a carbon monoxide detector in every room, with a gas appliance or solid fuel fire (with the exception of cookers/hobs)
- If we organise works before the property is let we will endeavour to take the funds from your first rental income, but reserve the right to request payment earlier for any works organised on your behalf.
Of course we also make sure we can find the right tenant for you. We believe that the extra diligence at the start of the tenancy provides longer tenancies and greater continuity. We will talk through with you how we promote your home and use our partner organisations to introduce your new tenant.
For more information, please contact us.
Landlord Fees – we provide the best value in the area
At South Lakes Lettings we believe in offering value to our customers. We have been here since 2010, and we don’t feel we have to charge the higher fees of the other agents that are around. We charge a one off set up fee for every new property £150.00 if the property is unfurnished and £200.00 if the property is furnished. We charge 10% excluding VAT (12% including VAT) as our commission, lower than most local agents. Where there is a change in tenancy and we remarket the home we charge a fee of £59 to cover the costs of erecting signage, photography and appointed viewings of the home. We don’t take commission where we are not recovering rent for you, so no retainers as with other agents.
For full list of supplementary fees please call us to discuss. Tenant fees do not apply.
For information about our fee base and how we can help let your home please email the Contact form or call in to talk to one of our advisors about the rental returns for your home and how we keep our landlords compliant with the numerous regulations.