0115 9371 713
Estate & letting agent based in Keyworth

10 Steps To A Successful Let

1. Valuation

It’s never difficult to find an agent who’ll give you a flattering valuation. But expert knowledge, and membership of a professional body with strict guidelines, are the keys to a successful let, and guarding against rogue agents. We offer a sensible, expert – and free valuation, with recommendations for pricing and timescale, based on years of local experience and evidence from similar recent lets. You should always use an agent governed by arla , who is a member of a client money protection scheme. We belong to all these, as well as the Ombudsman for letting agents scheme.

2. Presentation & EPC Certificate

The best products get the best prices. So make sure your property is always ready for visitors. Reduce clutter, decorate in neutral tones, and maximise light. And don’t forget the entrance hall – it's the first thing potential tenants see. If you’re able to decorate the outside of the building, then things like window boxes and a lick of fresh paint can also make a huge difference.

 

Successful let

Landlords are legally obliged to make the EPC and recommendation report available, free of charge, to all prospective tenants within 7 days of marketing commencing. This has to be no later than when the potential tenant receives written details about thebuilding, in response to their request for information; or when there’s a viewing of the property; or before entering into a contract to let the property.

3. Deposits

This is a very important aspect of a tenancy and there are strict legal requirements and procedures to be observed. A landlord under an Assured Shorthold Tenancy (AST) must protect a tenants deposit by using an authorised tenancy deposit scheme (TDS) operated by an approved scheme administrator. Benjamins are members of an approved scheme and can administer the correct holding and registration of a deposit to ensure the landlord meets the legal requirements required of them. Landlords can also become scheme members themselves and we are happy to explain the options available to fully comply with current tenancy deposit legislation.

4. Saftey Regulations

There's a range of legal regulations that all landlords have to comply with when letting residential properties. These cover a range of issues, including the safety of gas appliances and electrical equipment, as well as the furniture and furnishings included in the tenancy. As professional agents, overseen by the Ombudsman Scheme, we can advise you of your legal obligations, and what happens if you don't comply. We can also help you make sure your property meets all the legal requirements. Our landlord's pack includes full details of all these regulations and more.

5. Marketing

Once we’ve had your signed Confirmation of Instruction Agreement, we start marketing your property. Our team will create a programme tailored specifically to your property, including a marketing campaign designed to ensure you get the best possible price, on a timescale that suits you. We’ll organise professional photographs and floor plans, and create property , and put these on our website for our large database of prospective tenants. They’ll also feature on our mobile site and the property portals Primelocation, Rightmove, Findaproperty, Zoopla and Globrix.

6. Viewings

We'll accompany all prospective tenants when they look around your property, and we’ll report their feedback and interest quickly and honestly. Once we start getting offers, we’ll discuss them with you and give you our honest, expert advice. We want the right deal for you with a high calibre tenant, not just a quick deal for us.

7. Offers

We’ll discuss the details of any offers with you, and give you our fair, balanced and honest advice. We’ll talk about the price offered, the timescale and likely duration, and the prospective tenant’s work or study situation, as well as any special requirements. You’ll have written confirmation of any offer, by letter or email. Offers are subject to references, and are not yet legally binding on either side.

8. Agreement

Once you’ve accepted an offer, we’ll follow up the necessary references and get back to you with the results – usually within 48 hours.

9. Tenancy Agreement

Assuming all is well, we'll arrange for the Tenancy Agreement to be drawn up and signed. This legally binding contract sets out the agreed rent, the length of the tenancy, the rights and responsibilities of each party, and the scheme under which the damage deposit will be held. It’s very important to read and fully understand every part of the contract before you sign. Then, once we’ve collected all the necessary payments, including the six-week damage deposit and one month’s advance rent, we release the keys to the new tenant.

10. Inventory

We'll arrange for a comprehensive report of your property’s contents and condition for your records. Once the tenancy is over, this report can be used to check that the contents and condition have been properly maintained, taking into account the usual daily wear and tear.

Congratulations – you’ve let your property! Of course, our partnership needn’t end here. Our wealth of local knowledge and experience can be useful for anything from restaurant recommendations to finding a good local plumber.

Just ask: 0115 9371 713 or info@benjaminsproperty.com

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We are a local independent estate agent, serving Keyworth, Ruddington, West Bridgford, Edwalton, Tollerton, Cotgrave, Clifton & Radcliffe.


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