Thinking of Renting Or Letting Property?

Choosing a Letting Agent

Letting residential property in England and Wales is covered by various Housing Acts, and Landlord and Tenant Acts, as well as various Safety Regulations. Using a letting agent is by far the best way of ensuring that your property, and you as the landlord, are protected from issues raised by these Acts and Regulations.

Your letting agent will owe both you and your tenant a "duty of care". It is important that this duty of care is backed up with both "Public Liability Insurance" and "Professional Indemnity Insurance". Any funds belonging to either the landlord or the tenant should be kept in a separate client account and not used by the agent in the course of their business.

Letting Property is not complicated for Reeds Rains

Why Reeds Rains?

Reeds Rains prides itself on ensuring that we act in the best interests of our clients and provide a comprehensive service backed by all of the required insurances, as well as operating a complaints procedure, should the need arise, which adheres to the Royal Institution of Chartered Surveyors Guidelines.

We have a programme of continuous staff development to ensure that the experts dealing with your asset are always up to speed with the current issues, as well as changes in legislation. We monitor our safety contractors to make sure that they have all of the required professional qualifications and memberships at all times. Landlords who choose the Reeds Rains Premier Full Management Service benefit from Rent and Legal Protection, following successful referencing. We also have available a range of other specialist insurances designed with both landlords and tenants in mind.

Letting property whether by necessity, or as an investment, within the North of England and North Wales, appears in many publications, to offer the best yields, and who better to let through than the North's Leading Independent Estate Agent. For further details please contact your local Reeds Rains branch and we will be only too pleased to discuss the letting of your property further.

Which Level of Service is right for you?

At Reeds Rains we offer two types of Letting Service - Let Only and Full Management. Your decision depends on whether you wish to remain in charge of rent collection and inspections, or leave the management of the let entirely to us.

The Full Management Service

This is the hassle free option. In addition to all the Let Only services, we will:

Let Only Service

On receipt of formal instruction to let your property we will take care of:

Arrange the inventories and Schedules of Conditions you need prior to letting.
Inform the local authority and utility services (excluding the telephone services) of the change of occupancy.
Collect the rent and pay it over to you by BACS Transfer, less our fees and expenses.
Hold the tenant's security deposit in compliance with the Housing Act 2004 Tenancy Deposit Scheme
Inspect and report upon your property quarterly, co-ordinating minor repairs up to an agreed limit and settling invoices from rents received.
Advise you when the tenancy is coming to an end and seek your instructions for re-letting or selling the property.
Arrange a full property inspection and inventory at the end of the tenancy. Agree any dilapidations (over and above fair wear and tear) with tenants before releasing their deposit.
Arrange any necessary cleaning and minor repairs, deducting costs from the tenant's deposit where applicable and agreed (subject to Tenancy Deposit Scheme legislation, please refer to Landlord Terms and Conditions of Agency for further details).
Monitor rent payments and alert you if tenants fall behind or breach the Tenancy Agreement.

Marketing. Circulating details of your property to potential tenants throughout the Reeds Rains network.
Informing a large selection of companies and relocation agents.
Advertising in your local press. Placing a 'To Let' board at the property.
Viewings. Accompany prospective tenants and advising you immediately of tenancy applications.
Vetting candidates. Interviewing and obtaining credit references and guarantors when necessary.
Tenancy Agreement. Preparing the documentation required by current legislation.
Collecting the first month's rent and deposit.
Hold the tenants security deposit in compliance with the Housing Act 2004 Tenancy Deposit Scheme, should you not have registered with your own deposit scheme.

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