Private landlord rentals
Ok, so you want to manage your own property, you don’t really want to use the services of a letting agent? That’s all fair, but, there are somethings that only letting agents can do, that a private landlord cannot. Don’t let that put you off though, as, through our Visum.co.uk online letting agent we support private landlord rentals and put in place the tools and advertising and support to make it work for you – without the letting agent ties or commissions.
So, your property is empty, your losing sleep at night, no rent coming in, mortgages to pay, fear of squatters and break ins, paying the utility and council tax bills whilst empty – yikes! Time to get this place let and your investment paying out. Private landlord rentals is not as easy as it seems. Lets take a look at a few of the key areas you MUST consider when offering private landlord rentals to tenants:
Through Visum.co.uk online letting agency, for just £39.00 we advertise your property on all the major property portals like rightmove.co.uk and primelocation.com. Private landlords cannot advertise on these portals, but, through our tenant finder service we can. We field the enquiries and work with you on finding the right tenant quickly. So, just £39.00 gets your property in front of millions of potential tenants across the UK. Ads are live in 2-4 hours and stay live until let. We also offer a full money back guarantee should we not get you tenant enquiries.Advertise My Property
References are probably one the most important things you can do. You are about to let a stranger move into a very valuable asset, you best know who they are, where they came from and a bit of their financial history!
We offer free tenant credit checks and references to landlords through our online letting agent. Of course, there is no such thing as a free lunch, but, it is free for landlords and just £59 for a tenant (some online letting agents are charging £120, this is a barrier to letting your property as a tenant will not want to pay this… so be careful of offers of free advertising etc, they make the tenant pay and possibly lose you a tenant).Reference My Tenants
Something most landlords are not aware of, but, you should serve a section 21 notice at the beginning of a tenancy. To find out why, and to get a valid section 21 notice automatically completed for you and available for immediate download check out our section 21 notice generator over at Visum.co.uk. This tip + this section 21 notice really is gold and can save you thousands if things go wrong during a tenancy.Create a Section 21 Notice
So, you have advertised your property, found and referenced tenants, got your tenancy agreement ready, completed your section 21 notice – what else do you need to do? Well, we offer a great free tenancy pack for you to download that contains 30+ other forms you should really fill in and sign with the tenant pre-move in to protect yourself in ways you might not have thought about (TV license, payment of utilities, utility readings, council tax payments etc).
Private landlord rentals – things to avoid
When offering private landlord rentals there are a few things you should never do. So often in the paper you will see “private landlord renting – no agency fees” – why landlords write this is beyond us, it’s like a red flag to a bull and you are going to get some of the worst tenants possible as they believe, quite rightly so in many cases that a private landlord will not quite know what they are doing all the time and may not do thorough reference checks etc. So, this is the biggest thing to avoid when advertising rental property.
Private landlord rentals can be a good thing for landlords (and letting agents like us) if you take advice and do things properly.