Get to know the local market and house prices.

Before or after you have purchased your rental property, research how many surrounding properties are being let for. Very high rent will factor heavily into the tenant's steering clear. Another factor we advise landlords to consider is understanding their target audience. We suggest keeping your options as open as possible and keeping your property neutral and blank to make the process of finding tenants easier. Our experienced consultants at Kronos Estate Agents can help guide you in your local area and with setting a competitive price. We have a selection of responsible tenants who we are able to match to particular properties.

The choice to furnish your property or to keep it unfurnished also requires reasoning. A few of the pros of furnishing is you can aim to find shorter let tenants like students or working professionals to responsibly rent your accommodation and furniture. Please note that all furniture must have Fire Safety Regulations Labels in place. We recommend removing personal belongings and items from the property to make it more appealing for potential tenants during viewings. Allowing tenants to design the space as they wish, will encourage for longer lets and tenants who will respect and look after the property.

Giving the house a makeover

When preparing a property for rent, make sure all repairs due have been made and the property has been painted all around. This will add significantly to making the property look neat and presentable.
When arranging for viewings and tenancy check-ins, we urge landlords to consult professional cleaners. They will produce results that will make the property look brand new! And don’t forget the exterior of the house - a do up of the garden and outdoor space will make the property look a lot more attractive for passers-by, encouraging more tenants looking to rent.

Utilities and appliances

Following government regulations, gas and electric appliances need to be seen by an engineer and checked off. Gas certificates are required yearly and energy performance checks are required every 10 years. Landlords can face large fines for not providing valid certification.

Landlords insurance

We urge landlords to be covered by the landlord's insurance, in the unfortunate case of accident or damage to the property, insurance can help significantly.

Choosing the right managing agency

An experienced letting agent will be able to find your property the right tenants as well as provide full management services so you have very little to worry about. Get in touch with Kronos estate Agents today via phone at 020 8004 4477 or via email atinfo@kronosestates.co.uk