Ideal Properties want to make sure that you have no issues when it comes to letting your properties, so we have provided an in-depth letting guide to help you make sure you know the best way to do it.
While your thoughts may be leaning towards how much you stand to make through letting out your property, it is important that you consider the budget for the costs involved in such a process. You should budget for the following costs: any monthly mortgage repayments owed on the property, any expenses involved in bringing the property up to the required standards (in terms of the regulatory safety standards of furniture), utility equipment and appliances, insurance fees, contingency budget for specific repairs and maintenance.
Our fee’s for tenant find only would be 50% of monthly rental, Management fee’s start from 8% of monthly rental.
This is the first view your potential tenants will have of your property, so you should focus on optimising its appearance where possible. In order to have the very best chance of finding the right tenants and achieving the best possible price, you should make sure that all aspects of your property are up to scratch and meet the required standards . Make sure to tidy up the front and back garden by clearing out any weeds and trimming hedges. Repair cracks or holes in the driveway and walls and make sure the house number is clearly visible.
As well as the physical standards of the property itself, there are numerous other vital standards that will need to be met, including safety standards for gas and furniture. You should always try and clean up any clutter lying around, tidy away or remove unnecessary objects, clean thoroughly from top to bottom and get rid of unpleasant odours. You should also consider decorating rooms if required. You might have to make minor repairs to fix leaky taps, fill cracks in the walls and just generally make sure everything works. We have a list of legal certifications services that we provide, please contact us for details.
We are one of the most successful Estate Agencies in Newcastle upon Tyne, working in areas such as Heaton, High Heaton, Sandyford, Benwell, Jesmond and Elswick.