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Top tips for landlords

With the manically busy September and October periods in the letting market rapidly approaching, which marks the start of the academic year and therefore a sharp rise in students looking for accommodation before the start of term, graduates starting new jobs and families relocating closer to schools, Foxtons, one of London’s largest sales and letting agents, has compiled some top tips for landlords to ensure a smooth and easy letting process during these busy months.

1) Make use of marketing opportunities.

From high-quality professional images and a profile on leading property websites to a presence on estate agent’s apps and in national newspapers – there are plenty of opportunities to help promote your property. A well-established estate agent will offer all these services free of charge to make sure that the exposure of your property is maximised.

2) Keep up to date with current landlord obligations.

With landlords’ legal responsibilities in the UK changing frequently, make sure to read up on the latest regulations by visiting local and national government websites regularly and signing up to receive updates from them.

3) First impressions count.

Decisions on a property are made within the first few seconds of entering, and can sometimes be made even outside the front door. With plenty of available properties to choose from, ensure that yours is looking its best. Get cracking now on any maintenance or decorating jobs on your to do list.

4) Meet expectations.

Tenants today expect a professionally managed property alongside high-quality fixtures and furniture. When it comes to move in day, they also expect an independent inspection of the property and a professional clean organised by the landlord – have the arrangements in place to save yourself any unnecessary last-minute hassle.

5) Speed is of the essence.

If you don’t respond to the tenant’s offer promptly, or can’t be reached in order to finalise the contracts, then the tenant might move on to their second choice of property. Make sure your agent knows if you are going to be away, and check your messages regularly or at a set time each day so that you don’t miss out on the perfect tenant.

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