Letting your property with Phillips George
There are many reasons why people need to rent their property, whether it is simply an investment or perhaps you have to move.
Whether you are a seasoned investor or a first time landlord, Phillips George will offer you the best advice suited to your individual needs and find you the best tenant, fast.
Step 1 - Which Agent(s) to Call?
Quite simply, your property will let faster and at a higher price when it achieves maximum market exposure. So when you are choosing an Agent check that their website is multi-device friendly, informative and where and how they market and advertise your property.
Our website is designed for multiple devices to provide maximum accessibility. All our properties are advertised on Rightmove and Zoopla together with a comprehensive advertising and marketing drive for each property.
Another good idea is to look for reviews of the Agent, this will show what previous customers thought, good or bad.
Step 2 - The Valuation
At the valuation we will come prepared with comparable properties that have recently let and some that are currently available to help us accurately advise you on the best price and how to achieve it.
We will also discuss necessary legal documentation as well as any individual requirements you may have.
Step 3 - Marketing
We will begin preparing your property details together marketing photographs – you only get one chance to make a first impression so quality photographs are essential.
Our advice on what will be attractive to potential tenants will help you save and make more money.
Step 4 - You are on the Market
Contacting our bank of applicants will generate viewings for your property, while responding to enquiries which Rightmove, Zoopla and our website generate will add to the list of viewings. Phillips George staff will carry out all viewings on the property on your behalf.
After each viewing we will contact the applicant for feedback and pass that on to you via regular updates. Honest, unfiltered feedback from every single viewing is crucial to the successful let of your property. Feedback can often resolve problems and help secure a let.
Step 5 - Find a Tenant
Once a suitable tenant has been found and agreed with you, the referencing process will begin. References include credit checks, employment and previous landlord references. Should a guarantor be necessary a suitable candidate will be referenced and put in place.
Copies of all relevant certification will be required 7 days prior to the start of a new tenancy.
Upon receipt of satisfactory references a tenancy agreement is drawn up ready for signing.
If we are to manage the tenancy on your property we will carry out a full inventory, notify the utility companies of the change of liability and protect the deposit.
The tenant will be required to set up a standing order to pay their rent on a monthly basis.
Step 6 - Thoughout the Tenancy
If we are managing the tenancy for you we will collect rent on a monthly basis and pay the rent in to your designated bank account. A Statement of Account will be provided to evidence incoming funds and costs.
We check rental payments every business day. If a rental payment is late we will know about it immediately and begin contacting the tenant to rectify the situation.
Regular inspections are carried out to ensure the property is being kept in a tenant like manner and check for any maintenance issues that have arisen. We have a team of qualified tradesmen to carry out any, repairs at your property, should they arise.
Step 7 - End of Tenancy
Our bespoke software notifies us 6 weeks before tenancy ends. At this point we will contact the tenant to see what their plans are for the end of the tenancy.
Should the tenant wish to stay, a new fixed or periodic term is mutually agreed
Should the tenant wish to leave we will of course begin marketing, ensuring the shortest possible break between tenancies.
At the end of tenancy, a full leaving inventory will be carried out and our findings reported to you. Quotes can be arranged should any remedial works be required at the property. If any deductions from the deposit are necessary, a request will be made to the relevant deposit scheme.