Do I have all necessary compliance documents in place?
First and foremost, it's your responsibility to make sure that your property is compliant with all necessary regulations. This means making sure you have an EICR (Electrical Installation Condition Report) and an EPC (Energy Performance Certificate) with a minimum rating of E. If your property has gas, you should also have a valid Gas Safety Certificate. It's important to do these checks well in advance of the tenancy start date, as remedial work may be required, which can cause delays.
Arrange professional cleaning and inventory inspection
Tenants often expect the property to be in perfect condition when they move in, so providing a professionally cleaned property will set the right expectations for how the property should be returned. An inventory inspection and schedule of condition should also be completed at the beginning of the tenancy, as this will serve as evidence of the property's condition and inventory in case of any deductions from the security deposit at the end of the tenancy.
Do I need to purchase Insurance?
While insurance is not mandatory, it's always a good idea to have a plan B in case something goes wrong. We offer Rent Protection Insurance as part of our Rent Collection and Managed services at an additional cost.
Complete any additional tenant requests
If your tenant has made additional requests as part of their offer, such as furniture removal or mandatory works, it's important to make sure these are completed before the tenancy start date. This will ensure that the property is ready for the new tenants when they move in.
Who will register and hold the deposit?
When it comes to the security deposit, most estate agencies offer a deposit scheme where they register and hold the deposit. If you're not sure if this is convenient for you, it's important to familiarize yourself with the process of registering and holding the security deposit in your scheme.
Do I need to apply for a Property Licence?
Depending on your property and tenants, you may need to apply for a property license at the beginning of the tenancy. Some properties require additional or HMO licenses, and it's your responsibility as a landlord to ensure you're in compliance and have the correct license if necessary.
In conclusion, preparing your property for a new tenancy requires a lot of attention to detail. From compliance documents to insurance, cleaning, and inventory inspections, there are many things to keep in mind.
Our lettings team has been #1 in Kensal Rise and Queen’s Park for the last 6 years so give us a call if you need some support with letting your property on 0208 960 4947.
Source: Rightmove lets agreed 2017 – 2023 in Kensal Rise & Queen’s Park
