Letting Guide

Letting Guide

Letting your property can be a minefield of rules and regulations, however we have created a ten step plan to simplify the whole process.

Step One – Get Permission

It is important that you seek permission from your mortgage provider to let out your property prior to marketing the same.

Step Two – Do Your Research

There are lots of letting agents on the High Street and online, however how do you know which to choose?  Boydens are members of the Association of Residential Letting Agents (ARLA).  All members of ARLA are professionally trained and meet strict codes of conduct including the legally required redress scheme and client money protection.

 

Step Three – Obtain A Valuation

Even if you know the rent you wish to charge, it is always prudent to secure a free valuation to check what the market is doing as it can change very quickly. Contact our staff at your local office to secure a FREE no obligation valuation. We will advise you of what the local market is doing and how best to market your property to secure a quick and productive tenancy. We can also talk you through the different services that we provide to find the best one that suits your needs. 


Step Four –  Energy Performance Certificate and MEES (Minimum Energy Efficiency Standard)

The Minimum Energy Efficiency Standard (MEES) came into force in England and Wales on 1 April 2018, and applies to private rented residential and non-domestic  property and is aimed at encouraging landlords and property owners to improve the energy efficiency of their properties by a restriction on the granting and continuation of existing tenancies where the property has an Energy Performance Certificate Rating of F and G. Boydens can assist and provide guidance if required .

 

Step Five – Gas and Electrical Safety & Detectors

Gas Safety (Installation & Use) Regulations 1998, states that a landlord must have a valid gas safety certificate in place throughout the duration of the tenancy. The safety check must be carried out on an annual basis by a Gas Safe accredited engineer.

Electrical Equipment (Safety) Regulations 1994 requires all landlords to ensure that all electrical appliances are in good and safe working order.

The Smoke and Carbon Monoxide Alarm (England) Regulations 2015 require private sector landlords to install at least one smoke alarm on each floor of the property, and a carbon monoxide alarm in any room containing a solid fuel burning appliance, with effect from 1st October 2015.


Step Six – Referencing A Prospective Tenant

All prospective tenants are required to undergo referencing to confirm their financial position and their right to rent. Once completed Boydens will secure a date for commencement of the tenancy.

 

Step Seven –Getting the Property Ready

A well-presented and clean property is more likely to be looked after by the tenant. If possible arrange for the property to be professionally cleaned which will then set the standard from the start of the tenancy. Now is also the time to attend to those small maintenance jobs such as loose cupboard doors or dripping taps for example. 

 

Step Eight – The Inventory 

It is important an inventory and schedule of condition is compiled before the commencement of the tenancy and a copy handed to the tenant at move in. The inventory will provide details of the condition of the property and any fixtures and fittings remaining, along with photographs showing the same. Even if you have an unfurnished property, an inventory must be completed to protect your position. In the absence of an inventory, the landlord could very easily jeopardise any claim against the tenant’s deposit.


Step Nine –Moving the Tenant in 

On the date of move in the tenant will attend the local Boydens branch to sign their tenancy agreement, pay any remaining funds due and confirm receipt of all of the required documents to ensure the landlord is compliant with current regulations.

 

Step Ten –Enjoy being a Landlord!

Being a landlord can be challenging with expectations increasing, driven in many cases by the requirements of new legislation. Our most popular Fully Managed Service allows landlords to rest assured that they will remain compliant in all aspects as professionally trained Boydens staff deal with the day to day requirements to the property. You can then relax and enjoy the benefits of being a Boydens landlord.