Top Tips For Landlords
Top tips for landlords
Whilst we can’t put our hands on our hearts and guarantee you a totally stress free tenancy, we thought we would share a few tips from our Lettings Team to make your life a little easier, especially if you are new to the lettings game.
1) Be prepared for viewings
If your property is new to the market you probably don’t need telling to ensure that it should be fault free and scrupulously clean prior to any viewings. Floor plans are a great start to showcasing the house or apartment and allow the potential tenant to visualize how the property would work before they even view. One mistake that existing landlords do make is not to plan for the end of an existing tenancy by getting those niggling repairs sorted out and the place cleaned. While you should always deep clean once existing tenants have left, a clean and fresh property ready to view always scores brownie points.
2) Know your tenants
While our lettings team will run credit checks and obtain previous landlord references detailing how well they treated their previous property and whether all rents were paid on time, it is always useful to find out as much as you can about them before you take the decision to rent your property. As good quality rental properties are snapped up quickly, any extra information, which gives you more confidence in their potential ‘perfect tenant’ status, is a bonus.
3) It’s all in the paperwork
For either a tenant find only or fully managed service, making sure all of the paperwork is in order can save you a lot of trouble both during and at the end of your tenancy. From the tenancy agreement and check in inventory report, the deposit protection scheme and other required documentation, a detailed review with our lettings team will ensure that nothing is missed and that you are not exposed to any difficulties throughout the lifetime of the tenancy.
4) Maintenance and inspections
Some tenants are sticklers for reporting even the smallest problems immediately but you do have to be aware that some will not bother with dripping taps, overflowing gutters or damp in a room they rarely use. We recommend regular inspections, especially after periods of unusually bad weather when hopefully you’ll be able to spot problems before they become serious. It’s also a good idea to service the boiler at its annual gas safe inspection to head off future expensive repairs.
5) Less is best
Most tenants will expect to find ovens, fridges, dishwashers and washing machines in good quality rental properties so don’t create problems for yourself by including TVs, kettles, toasters etc. as these items tend to break easily and can even be unsafe and dangerous unless regularly inspected.
6) Insure against the worst
You never know when things might go wrong so we always recommend you get a robust landlord insurance policy, including public liability cover, so if your tenant falls down the stairs and decides to sue you won’t loose the shirt off your back. For extra piece of mind you can also take out rental guarantee insurance in case your tenant can’t or doesn’t pay the rent.
"Nothing was ever too much trouble"
Thank you so much for all your help and advice during the last few months. Your company made us feel cared about and as if we were the only clients you had. Nothing was ever too much trouble and we really appreciate it. It is as though we are leaving friends. Thank you again!
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From my first call to arrange a viewing to collecting my keys, I received a first class, extremely professional and friendly service from the team at Edwards. They were very accommodating with viewing times, the negotiations were dealt with professionally and I was updated with progress without feeling pressurised. Even after I moved in Edwards remained very helpful. My whole experience of purchasing my new home was stress free. I will be recommending Edwards to friends and family. Thank you - I love my new home!
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From start to finish we were very impressed with the level of service we received from the team. We chose Edwards as we wanted accurate valuation advice from an agent with local knowledge. We got this from Alex and then excellent ongoing support right up to completion from the rest of the team.
"Took them four days to find a buyer!"
Excellent, professional and polite staff. Bent over backwards to sell our home. Took them four days to find a buyer! Made the selling of our first home quick, easy and stress free. I couldn't recommend them highly enough!
"Outstanding - the utmost courtesy and professionalism!"
Our experience with the Edwards team in Heaton, Bolton was outstanding. We were supported throughout with the utmost courtesy and professionalism. They were sensitive to all our needs, international and personal. All hurdles were dealt with promptly. Excellent job!
"Sound advice and excellent communication"
I was absolutely delighted to receive a superb, professional service from Edwards. Sound advice and excellent communication made me confident that the marketing and sale of my property was in very good hands. Many thanks to Deidre Golding and her team for bringing that about successfully. I would not hesitate to recommend Edwards to any potential sellers!
"So much easier than we expected"
This was our first purchase and Edwards were very helpful in explaining anything we were unsure about and made the whole process so much easier than we expected. We were kept well informed at every stage of the purchase by Edwards, even when our own solicitor was difficult to get hold of!
"I have no hesitation in recommending Edwards"
All the staff were very helpful and eased what could have been a difficult sale. They were all very professional and I have no hesitation in recommending Edwards to other sellers!
"Several buyers for it within a few days"
Because of the great service we received when buying through them, I didn't hesitate to entrust the sale of my late mother's property to them. Communication was great throughout and they had several buyers for it within a few days. They were able to secure a good price and the whole process was seamless!
"Sold our house very quickly"
Very happy with every aspect of Edwards' services. Helpful, efficient and sold our house very quickly, making the house selling process a lot less stressful!
"The difference in service levels was amazing"
An excellent service from start to finish. Everyone we dealt with was very professional and wanted to do a good job for us. We had been with another Bolton agent and the difference in service levels was amazing!