Presenting Your Property
It goes without saying that a better presented property is not only likely to attract a higher rental income, but also your tenants are more likely to look after the property throughout their tenancy.
The Letting Process
When finding a suitable tenant for your property we will discuss your priorities as well as any other specific requirements that you may have, for example, whether you are willing to accept pets.
We will market the property and arrange viewings, sharing the details of any interested tenants with you.
Once all viewings have been completed and we have agreed upon a tenant, our team will carry out strict referencing. This provides us with an understanding into the tenant’s personal and financial circumstances. In the event of an adverse report, we will discuss options such as a guarantor and/or rent paid in advance with you.
We strongly recommend that you have an inventory carried out prior to the tenancy, whilst this might seem unnecessary, it is a vital document that allows us to claim on the deposit should there be any damage above and beyond normal wear and tear. At the end of the tenancy, we would then recommend you have a check out inventory. This provides the DPS with a ‘before and after’ for any claim. Each inventory and checkout relate only to one specific tenancy for claim purposes.
Prior to any tenancy starting we collect the deposit and the first month’s rent. If you have chosen the Fully Managed options we will also have a standing order completed for future payments.
If your property is leasehold, your lease will specify whether or not to obtain permission to sub-let from the freehold company or managing agent. It is essential to clarify the situation before marketing your property as some leases place restrictions on the type of sub-letting that will be approved.
All fully managed properties are inspected at least twice a year whereupon you will receive a report detailing how the tenancy is going a long with any concerns that you may have.
