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Guides to Letting

Landlords Guide

Tenants Guide


Landlords Guide

Introduction

This part of the guide is dedicated to the landlord and presumes that you already have a property to let on a ‘buy to let’ mortgage.

Preparation
To maximise the potential of the property’s rental value and to get it let as quickly as possible you should ensure that it has a functional, clean and tidy kitchen and bathroom. The property should be up to a reasonable standard throughout and painted in neutral colours. It is always a good idea to give a property a quick paint between tenants to freshen it up a little.

What rent should I charge
To decide what the rental value of your property is you should look around the area for other properties to let for a guide price. Try searching for properties to rent in your area on Sell4Less, Fish4homes, and perhaps Rightmove. Also Zoopla provide a facility to give you a rough idea of rental values in local areas. You can also ask a local estate agent to estimate the rental value of the property for you.

Legal
Once you have found a tenant you will need to do a credit check on the potential tenant and ask them to sign a tenancy agreement. You can find a good tenancy agreement on www.landlordzone.co.uk. Credit checks can be bought on line from around £30.

Marketing your property
You have made the right choice by coming to Sell4Less.co.uk and Let4Less.com to start marketing your property! By uploading your property on www.Sell4Less.co.uk you will enjoy the benefits of having your property advertised on our website as well as up to 225 very reputable property websites including; Fish4, Nestoria, Channel 4 Homes, Ononemap, Email4Property, Welcomehome.co.uk and a whole host of regional newspaper websites, giving you exposure to millions of potential tenants across the UK. You can also purchase a ‘To Let’ board which is a very powerful tool for finding a tenant for your property as many tenants drive around their desired location ‘board-spotting’ looking for their new home, which could be yours!

If you would like to market your property further you can take out a private advert in the newspaper. Free papers (such as AdTrader) are a good place to start with text ads or you can pay a small fee to have a picture with your advert. Alternatively you can pay for an advert in your local paper which will cost more but will probably get a better response. Another good place to advertise is your local newsagents’ windows for a little extra exposure.

It is a good idea to print out a few property brochures of your house and leave them in your house and car in case you have an unexpected visit from a potential tenant or just bump into someone that is looking to rent in the area of your property.

Make sure that you email all your friends and relatives with a link to your Sell4Less Advert so they know that your house is to let so if they meet anyone who is looking to move to the area they can let them know about your house. Always speak well of the area it is in, especially to any potential tenant, but DO NOT lie about your area or your property as you will be agreeing to the terms set out in the Property Misdescriptions Act 1991 in order to advertise your home on Sell4Less or Let4Less.

To Let Boards
Up to 80% of property viewings are generated from a ‘To Let’ board positioned outside the property, meaning this is a crucial piece of marketing material. Many tenants search their desired location by driving around ‘board-spotting’ and are likely to look for your property online or call for more information if they see a board. Boards also help potential buyers locate the property when they come to view (it’s much easer to see the ‘To Let’ board than to find the house number).

You can purchase a bright, eye catching, professionally printed Let4Less ‘To Let’ board from Sell4Less and additionally we can put the board up at your property for a very small fee. Buy a To Let Board.

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Creating your Private Online Advert

It is very easy to create your private advert on www.Sell4Less.co.uk and www.Let4Less.com.

A small amount of preparation will help you a lot. Things to prepare are as follows:

  • Get your property clean and tidy after the last tenants or inform your current tenants that you will be conducting viewings and ask them to keep it clean and tidy in preparation
  • Try to de-personalise the property a little to make it appeal to as many people as possible
  • Mow the lawn and trim the hedges to give a clean appearance

    Now take some digital photos of your property (preferably on a nice sunny day if you can).
    You can upload a massive 20 pictures of your home in a standard advert so get snapping!!! If you don’t have a digital camera then ask at the photo developers for a copy of your photos on a CD. You will need a photo of the front of your house and as many of the rooms as you wish. If you have a room that lets your house down it may be better if it is not included in the advert. If you don’t seem to be able to take good pictures then hire a professional photographer.

  • Measure the size of each room (at the widest point) in meters and note them down on a piece of paper.
  • Note down anything that makes the room ‘special’ as well. This could include things such as ‘beautiful views’ or ‘contemporary gas fire’ or ‘exceptionally large bedroom’ etc. but be honest!

Perhaps the easiest thing to do is to click the following link, it is free to register and create an advert, when you are 100% happy with your advert simply build your advertising package. [Let my property now]

Alternatively: Now it’s time to create your advert. Open your internet browser and go to www.Sell4Less.co.uk.

Click on Login on the top bar:
Click the Login Button

If you have already signed up enter your email and password followed by the login button or if you are a new customer press the ‘Register as a new customer for free’ link.
Enter your email and password and hit the login button - or press the Register as a new customer for free, link

Enter your email and password, then confirm your password and press next.

The next page requires you to fill in your personal details, then press submit.
Fill in your details and press Submit

Now you have registered, you will be taken to your personal admin area.

From your admin area you will be able to:

  • Create an advert for a property
  • Send and receive messages
  • View and amend your calendar of events
  • Buy a HIP
  • Monitor your activities
  • Watch properties you are interested in
  • Keep track of any offers you have made
  • Keep track of any offers made to you
  • Keep track of any appointments you have made
  • Edit your personal details
  • Change your password
. My Admin Area.. your property administration area

To create your advert - click on the ‘Create a FREE Advert’ on the Selling tab, or from the left hand menu.
Create a Property Advertisement

You will then be required to choose either a property for sale or to let.
Select the option that applies to you. For this guide we will be letting a property.
Choose to create a For Sale OR a To Let Advert

The next page will appear with the details that you filled in whilst registering. You can change these details if you wish to let a different property. Enter the details you require in the address boxes and select the options that apply to your property.

Fill out the details for your property

Click next to be taken to the next tab.

Once you have pressed next you will be taken to the Property and Room Descriptions page.

Room Description Details

Firstly Click on the Overview Add/Edit link. The property overview edit page will appear. In the dialog box on the left you will need to leave a brief description of the property you are selling. There is a list on the right hand side of the page that you should think about whilst writing this section, but remember to keep it simple, get the good points of your property across and keep it brief, there is plenty of time later to add detail to the individual areas of your house. Photos can be added in the next section.

Once you have finished writing about the overview of the property click the ‘submit’ button. Then click on the ‘Add New Room’ button. This will bring up the Room Descriptions dialog box. Fill in the room title (Kitchen, Bathroom etc), then fill in the dimensions that you took earlier into the dimension boxes. Give the room a brief description (there’s a good guide for things to say on the right hand side of the page). Photos or videos are added later. Repeat this process for each room in the house. Once all the rooms are added you can drag and drop them into the order you wish. Normally we would advise separating the floors into groups starting with the ground floor and putting the rooms from the largest to the smallest or from ‘best’ to ‘worst’.

Now click on the Outside Spaces ‘Add New Area’ button to add the details of your garden, roof terrace, separate garage or any other outbuildings you may have. Again, photos can be added later.

Once you’re happy with your overview, room descriptions and outside space description check the box to agree that you are the legal owner of the property and have the right to sell it, check the box to say that you agree to Sell4Less Ltd’s terms and conditions. Now press the ‘next’ button to be taken to the photos and video section.

Add your property photos and videos

Start by clicking the main image button and select a photo to use as your main image (normally the front view of the property). Then click on ‘upload additional images’ button to upload your next image. In the type caption box, write the name of the room that the image relates to, then browse to the image and upload it. Repeat this process for all the images you wish to use (max 20).

If you have a short video of your property or a ‘virtual tour’ you may wish to add this to your advert. To do this click on the ‘Add Video button, browse to the video file. Give the video a name (such as ‘virtual tour’) and description and click ‘submit’. Your video will now be uploaded to your advert.
Upload video footage

Once you have added all the photos and video you want click on the ‘next’ button to go to the advertising package page.

Advertising packages..

You can choose which package you wish to use here and add the relevant items to your basket. Firstly choose the board you would like by pressing the ‘add to basket’ button, then choose which advertising service you would like by adding it to your basket. When you have chosen a ‘To Let’ board and/or one of our advertising services you will need to click on the ‘click here to purchase’ button at the top of the page to be taken to the Protx secure payment site. Follow the instructions on the Protx site to pay for your items.
You should then be directed back to your admin area.

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Viewings

Now your property is advertised you need to prepare yourself for viewings. This is where people decide if they like the property or not and hence whether they’ll rent it from you or not, so in many ways it is the most important part of the letting stage.

People will either email you or call you through Sell4Less.co.uk to arrange a viewing of your property if they found it through your marketing with us. You should try to accommodate a time when they wish to view if you can. Remember to take a note of their name and telephone number in case you need to call or follow up with them again, and so you can remember their name when they come to view your property.

You can list your viewings in the calendar in the admin area of your Sell4Less.co.uk account. You should always be at your property at least 10 minutes before the arranged time of the viewing.

Show people around the house and do your best to keep out of the way, let the visitors into the rooms first as this will make the rooms seem bigger. Just point out the important parts of the rooms and answer any questions that the potential tenant may have. Always be polite to the tenant as they may not want to rent from a rude, grumpy landlord.

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Reference and contracts

There are a few key points you should keep in mind:

  • Screening tenants is the most important task you will ever do as a landlord.
  • Never, ever let to a tenant without doing credit checks.
  • If there is any doubt, ask for a guarantor.
  • Never break your own rules - develop a set of screening rules and stick to them, no matter how good the prospective tenant/s appear.

Screening and referencing tenants is one of the most important things you can do as a landlord so it is not something you should take lightly. Most landlords get a little twitchy when they have a property standing empty, however an empty property is one hundred times better than a property with a bad tenant! You probably will not appreciate the enormity of a bad tenant until you have experienced one!

A good landlord will eliminate 95% of their problems by getting the right tenants in through careful screening procedures. The way to eliminate the non-payers and “unclean yob-like tenants” is to get a strict screening procedure in place and stick to it by the letter.

So, I hear you asking, how do I screen out bad tenants? The first step is the advert. You need to focus the advert on the type of property you have and the suitability of the tenant to that property. You may have a high end of the market property, or a mid range suited to families or professionals or a low end suited to students, unemployed DSS etc. You should word your advert clearly to attract the type of people who will be interested in that property and making it deter those who are not.

The next stage will be the first contact, probably by telephone. You will need some pre-prepared details or a checklist and be ready to quickly and comprehensively describe the property and the letting arrangements: location, amenities, facilities in the property, rent and rent payments, deposit - putting the property in the best possible light as does you advertisement. You’ll also need a set of qualifying questions for the prospective tenant: Name, address, telephone number (home & mobile) reason for moving, employment, date required and length of stay, number of people, children?, pets?, smoking?, credit checks and other references. It is unlikely that anyone who struggles to answer your questions, or becomes agitated or annoyed, providing you put them in a polite way, will qualify for the property. A serious tenant will be anxious to answer all your questions correctly and the whole process will save you both time and trouble later. There are always a few who will go through the process and fail to show for the viewing. You are left waiting and fuming at the property. This is much less likely to happen if you have all the person's contact details - a mobile number is a bonus if they get lost on the way.

When the potential tenant turns up at the property you will need to show them around, be positive about the property and show off all its good points. You will get a feel for the type of person the prospective tenant is at this stage, for example if they’re reliable they will have turned up on time or at least called ahead to let you know that they can’t make it or they’ll be late. Take a look at the car, is it clean and tidy? This will tell you a lot about how much the tenant cares for property. Look at their personal appearance, did they make an effort to look presentable? What is their attitude like, are they polite, did they take care of the property while they were viewing? Was the potential tenant positive or negative towards the property, its facilities and rental? If not they may not respect the property if they move in because it is not what were looking for?

If the tenant likes the property they will be keen to secure it. So take some application forms and ask them to fill them in there and then (if you like the tenant) and try to get a refundable holding deposit. Then get your checks done as quickly as possible as both parties will probably want a quick transaction. If, however you don’t like the tenant now is the time to reject them. Remember discrimination laws if you do reject a tenant. You cannot discriminate on terms of race, religion, gender, disability etc but you can discriminate on the merits of the individual/s as qualifying tenants.

You must use a comprehensive application form to let a property. Also one form is required for each and every adult occupant. For forms please refer to: http://www.landlordzone.co.uk/agreements.htm. The application form is a critical part of the application process as it records permanently the tenant's declaration as to identity, accommodation and employment histories, income status, references, and personal details - Smoker? Pets? Other Occupants, Children etc. It also confirms the tenant's understanding of the property to be let, the type and length of tenancy and basic terms, the costs and expenses to be paid and the rent and deposit required. This form is an important document which forms the basis of the tenant screening process. It should provide sufficient information to enable the landlord to contact the tenant, or his relatives, even if he absconds. It also clearly informs the tenant that credit checks and references checks will be made in accordance with the 1988 Data Protection Act. Inform the prospect/s that the form/s should be returned as soon as possible so that references can be taken up quickly and a credit check carried out. We strongly recommend that credit checks are always carried out. You may wish to charge the prospect a fee for this process, in which case the form should state this.
Now it’s time to select your tenant. You should tell your prospective tenant that their application will be considered along with all the others so it is important that the information is correct to speed up the process and to ensure that they don’t lose out to someone else who has filled in the entire form and suits the property. When you check through the applications, look for warning signs and inconsistencies in the information given. Does it all add up? Once you have narrowed the tenants down try to telephone all of the referees given to you by the potentials still in the running, some people do fabricate references! Take precautions by talking to current landlords. If they have a problem tenant they may look for anyway to get rid of them. Try talking to their previous landlords too.

Once you have made your decision about who the successful applicant is you should phone them to let them know that they have come out above the rest, most people will be happy and relieved that they have qualified and will be looking to complete quickly. Remember the deal can still fall through until the candidate has signed the letting agreement, so keep your eyes and ears open until then but get that signature as soon as you can.

It is well worth a drive to meet the candidate and get their signature rather than post it and allow them to sit on it. Normally this will be done at the property to be let. Remind the tenant to bring the necessary paperwork, their identification and the guarantor (if applicable) to the agreement signing. Remember to do the inventory (preferably with photos) and take the meter readings and get them signed off. Try to get the rent and deposit, preferably in cash. If a cheque is given it is advisable not to hand over the keys until it has cleared. Use a quality agreement or lease. You can buy one from a legal stationers in most big towns or cities. Alternatively you can have a custom one drawn up by a solicitor if you wish. Before you sign the paperwork, check through it carefully as one little mistake on a date or interpretation of a word can be disastrous as far as legal documents are concerned! Also ensure that you have an independent witness (or two, one from each party) present when you sign so they can give a confirmation signature. Due to the difficulties sometimes encountered when serving eviction notices, some landlords serve the two month eviction when the agreement is signed – it is well worth considering, go to http://www.landlordzone.co.uk/agreements.htm to find the forms.

You now need to inform the prospects that you turned down that the property has been let to someone else. You should be prepared to give factual justification as to why they did not qualify. Keep all application forms just in case you may be accused of discrimination.

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Tenants Guide

Introduction

Tenanting a property is a big responsibility, it is also a responsibility that you are bound to by law for a time of contract. Before you enter a contract make sure that it is the place that you want to live for the agreed time of contract and look after the property otherwise you may lose your deposit.

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Searching for property
There are many places to search for properties to rent. Sell4Less.co.uk has a number of properties advertised to let in its letting pages, there are other websites you can visit such as Fish4Homes, Nestoria, Rightmove and 4Homes.co.uk, to name a few.

Your local newspaper will probably have several properties to let in the local area (only good if you’re looking to remain in the same area). If you are looking in the local area, many landlords will advertise in newsagent windows.

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Viewings
When you find a property that sounds nice, like something you’d like to live in then you need to call the landlord to arrange a viewing. Remember that ‘nice’ properties will generate a lot of interest and may not stay on the market very long, so you need to make yourself an attractive tenant to the landlord. When you phone the landlord be polite, expect the landlord to ask you several questions such as:
- Your name and current address
- Your date of birth
- Do you smoke?
- How much do you earn?
- Do you have pets?
- Is your credit rating good?
- Do you have a family?
- How many people will be moving in?
Don’t get annoyed by these questions, remember that the landlord probably has a large investment in the house and is doing his best to look after it by ensuring that he gets the right tenant.

Once you have wooed the landlord with your politeness and helpfulness on the phone he/she will invite you to view the property. Arrange a time and date, make sure that you turn up on time and if you are running late phone ahead to let the landlord know why you’re going to be late.

Look around the property and make sure that it is clean and tidy. If it is what you are looking for and in a suitable location and the landlord likes you then it is time to fill in the application form. Fill the application form completely and to the best of your knowledge. It is best to be completely truthful in the application form as the landlord will perform checks and it will only look bad on you if they find you have lied on the form.

If you are not interested in the property feel free to let the landlord know and keep looking around. Your individual circumstances will depend on how quickly you need to get a property but don’t necessarily settle for the first one you see, arrange as many viewings as you can in the time you have.

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What to do when you’ve found a property
Now you need to wait for the landlord to finish performing his/her checks on you and the other applicants. When the landlord has made up their mind who is most suitable they will contact you to let you know that you have or have not been successful.

If you have been successful the landlord will arrange to meet you (probably at the property) for you to sign the contract. You should take a friend and your guarantor (if applicable) to the property for the signing of the contract. Make sure that you read the contract thoroughly and it is what you expect it to be (check dates in particular). Once you have decided that the dates are correct you should check the meter readings with the landlord, then check through the inventory (preferably with photos). If everything seems in line with the readings, the inventory, the term of contract & dates, the rent and the deposit then it is ok to sign the contract. If there is anything that you feel is incorrect with the contract or any of the other factors, then ask the landlord to amend them and sign them off, most landlords will do this willingly, if they will not, don’t sign the contract and walk away from the property. The landlord may need your friend to sign the contract as a witness to the signatures. The landlord will probably need a deposit for the property (normally a month’s rent) which you can pay in cash or by cheque. If you pay by cheque the landlord will probably not hand the keys over until it has cleared.

Once the contracts are signed, the deposits are paid and the keys are handed over, you can move in. This date of completion will be stated on the contract. The contract will usually be 6 or 12 months although other options are sometimes available. Also note that the landlord can no longer keep your deposit, it must be kept by a third party such as a solicitor, estate agent or a government body on the landlord’s behalf. If there is any dispute regarding the deposit these people will get involved.

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