To obtain an accurate valuation, we always recommend instructing a local letting agent to carry out a
market appraisal of your property.
A local agent will understand the conditions of the current rental market and be best placed to advise
you
on an achievable valuation. youngsRPS offer a free, no obligation valuation to discuss your needs and to
give a realistic expectation on monthly returns.
When letting your property, appointing the right agent is key. Consider their reputation, knowledge of
the
local property market, experience, branch location and how they will market your property.
At youngsRPS, we pride ourselves in our professionalism and efficiency in finding a suitable tenant for
your property. We have a long history of working with landlords across the region, providing excellent
customer service and trusted advice for generations of tenants and landlords.
Our Full Management Service provides a landlord with reassurance that we will take care of everything
when
a property is rented. This includes ensuring all legislative checks are current and compliant to give
you
peace of mind. Our rental guarantee
insurance package is an affordable solution to landlords who wish to
protect their investment.
For those landlords who prefer to be more involved in their rental property management, we also offer
Tenant Find packages. To view all our landlord fees structure and packages, please click here.
All properties need to be prepared before they are brought to market; presentation and first
impressions are key. Having a spring clean, both internally and externally, as well as carrying out
minor repairs can help to make your property more attractive to prospective tenants.
When letting a property, there are certain legal requirements which need to be in place before
commencement
of a tenancy.
The property must have a valid EPC certificate with a rating of E or above (some exemptions apply). It
is
likely that the legislation will change in the near future, meaning some landlords may be required to
alter
their properties in order to comply with stricter energy requirements. All gas appliances, pipework and
installations must be checked by a qualified gas safety engineer annually and a gas safety certificate
(CP12) issued.
A smoke alarm and carbon monoxide detector must be fitted. It is also a legal requirement to have a
valid
Electrical Condition Inspection Report carried out prior to renting out a property, and a safety
certificate
must be issued (ECIR); this must be renewed every five years.
It may seem like a minefield, but we will guide you through the process, and our Full Management
package
will ensure these vital requirements are updated as per current legislation.
Whilst you can conduct viewings yourself, our professional and experienced team are always on hand to
accompany viewings during office hours.
After all potential tenants have declared their interest, landlords will be consulted as to who their
preferred tenant is.
We pride ourselves in securing the best tenant, rather than the first tenant for our landlords.
youngsRPS
will carry out a full credit and reference check for any new tenants; this includes income, landlord
reference (if relevant) and completing the required Right to Rent checks.
We will provide the landlord with a copy of the referencing result for their records if they wish.
We strongly recommend that a full written and photographic inventory and schedule of condition report
is
prepared at the commencement and end of a tenancy. This is vital evidence if there is a dispute in
relation
to the retention of the deposit. Our Full
Management package allows us to handle dispute claims on your
behalf (conditions apply).
The tenancy agreement will usually be an assured shorthold tenancy (AST), which we will draw up. We
recommend an initial six-month term; at the end of this term the tenancy continues month to month
(periodic
tenancy). Alternatively, a landlord who wishes to secure a long-term tenant can opt for a longer-term
tenancy. The landlord can add any special conditions they would like the tenant to comply with, within
reason.
Both the landlord and tenant will sign the tenancy agreement and receive a copy. youngsRPS uses a
digital
system which allows all parties to sign electronically.
This significantly speeds up the process, allowing landlords to secure a tenant promptly. We are even
able
to sign the agreement on landlords’ behalf or the landlord can be more involved if they wish.
