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Information for Landlords

Landlords Review:

The lettings industry has enjoyed a massive revival in the past few years. It is hardly surprising. Legislative changes with the introduction of the Housing Act have reduced the risk to landlords and regular rental income, combined with long-term capital appreciation, makes rental property an attractive investment.

Getting your property ready for letting:

The condition of a flat or house is often the deciding factor for potential tenants. Tenants are usually prepared to pay more to get more and there's no doubt that a property in first-class order can achieve a higher level of rent and will generally let easily. So it's in your interest to make sure you put your property on the market in the best possible condition.

Residential lettings

Fresh decorations light colours, such as white or off-white, are always acceptable.
High quality carpets of the same colour throughout. These should be light and neutral - biscuit/beige colours are popular, as are wooden floors.
Attractive, good-quality, well-lined curtains or blinds with well-designed headings make an all-important positive first impression.

A modern and well-equipped kitchen. Ideally there should be a washing machine and separate dryer (or combined machine if there is insufficient space), dishwasher, large fridge/freezer and microwave.

All equipment should be in good working order. Everything, including the boiler, should be serviced before the start of the tenancy. If you have instruction booklets, make them available; if not, leave clear written instructions on how to use appliances A modern bathroom with an effective power shower, modern fittings and good lighting. Tiled floors are preferable to carpets. Ample wardrobe space in the bedrooms. An efficient central heating system and plenty of hot water.

The exterior of the property should be in good decorative condition and gardens should be tidy, with seasonal planting. Garages and cellars or vaults should be left empty for tenants use.

There's often no difference between the rental achieved for a property whether it is furnished or unfurnished. 'Unfurnished' is normally defined as being fully carpeted (or with wooden floors in the reception areas), fully curtained and with white goods provided in the kitchen.

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