When the time comes to let your property it is important to ensure that you entrust the sale to a reputable letting agent if the stress involved in finding a tenant, managing the property and maximising you investment is to be minimised.
You only get one chance to make a first impression! When it comes to letting your home, attention to detail could be pivotal in securing the best possible rent –quickly.
When letting your property, you naturally want your property to look its best, but how far should you go in terms of presentation?
Landlords…More did you know? An overview of the top 10 issues affecting residential landlords – Part 2
Why is it that tenanted properties appear to be damper than those that are owner-occupied? Firstly, we’re talking about condensation here, not rising damp. Condensation is caused when warm air, which holds more water vapour, meets a cold surface, forming water droplets. This may attract fungal growths such as Mildew leading that “that damp smell”.
The tightening of the mortgage market has created opportunities for vendors who are understandably tempted to consider letting as a lucrative alternative to a sale.
The end of the holiday season usually prompts great activity in the rental market and landlords should not only be prepared for this, but also take advantage of it.
In an ideal world, once a tenant has been found, it would be good to think that you, as a landlord, can simply sit back and watch your investment deliver the anticipated return on investment without further involvement. Indeed, this is one of the reasons why some letting agents only offer a tenant finding service. Continue Reading