Landlords
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following is a brief list of some of the things you will need to think
about when letting a property. It is not exhaustive or meant to cover
legal details but is intended as more of a 'tick list' of things that
need to be done. |
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| Buy
to Let Guide |
Costs
Guide |
Landlords
Guide |
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The Vizard Russell Approach
Tenants
At Vizard Russell we believe that tenant selection is vital. We are committed
to placing the best tenants in your property because this is the way to
ensure you get the best returns on your investment and the peace of mind
in knowing that your property is well cared for.
Valuations
It is vital to make sure your property is correctly priced to get the
best returns. We understand the local market, how it changes through the
year and what factors can affect the rent you can achieve. We can advise
you on how small changes can sometimes make a big difference to how quickly
your property is let.
Marketing
We advertise in the local press, in our prominent shop front, on specialist
web sites and on RIGHTMOVE, by far the most popular property web site
for property searches. By using RIGHTMOVE we have over 30,000 visits from
potential tenants searching our properties each month. This means your
property gets maximum exposure to the local market. We also have a waiting
list of good quality tenants looking for properties including many from
major local companies such as Liverpool Victoria, JP Morgan and Nationwide.
Viewings
We always accompany prospective tenants to make sure they are fully aware
of the benefits of your property, to deal with any questions they may
have, to respect the privacy of any existing tenants and also so we can
assess their suitability for the property.
Referencing
All prospective tenants are thoroughly referenced by MARAS a specialist
referencing agency. This involves processing up to 25 verification checks
to make sure that employment, credit and previous tenancies are all up
to the highest standards.
Rental Guarantees
Due to the extensive checks that are made MARAS are able to offer rental
guarantees for only £25.95 for 6 months and £54.95 for 12
months per property. Please click on to the web site link for details.
Documentation and Legal Guidance All our contracts are provided by and
regularly updated by the Letting Centre who specialise in providing documentation
and guidance to property professionals. We also retain the services of
a legal helpline for specific legal guidance in any non standard situations
to ensure our clients interests are always protected.
Inventories
We always advise that there should be a comprehensive record of the content
and condition of your property. This is even more important now all deposits
may be subject to arbitration in the event of any dispute. We now use
third party inventory specialists so that there is an independent record
available.
Rent Collection
Vizard Russell uses CFP Software which is designed specifically for property
mangers to run the complicated process of tracking monthly payments from
tenants and to landlords in an efficient and timely manner. Every day
reports are generated identifying payments received and due and most importantly
any that are late. This means we can quickly contact tenants by text,
phone and letter to sort out any problems quickly and effectively. Payments
can be made directly in to your account by credit transfer so that you
receive your rents as quickly as possible.
Trades
We are happy to deal with your preferred tradesmen as instructed. At Vizard
Russell we have built up a team of experienced and qualified support trades
who can be relied upon to do a good job at a fair price.
Inspections & Checkouts
You need to know that your property is being properly cared for. We will
make regular visits to your property to inspect its condition and to make
sure the tenancy is being conducted in an appropriate manner. When tenants
leave we carry out a thorough check to ensure that they have left everything
in a similar state to when they moved in and that it is clean and tidy,
and ready for the new tenants to move in.
Security & Peace of Mind
Vizard Russell are members of NALS the National Approved Letting Scheme
which provides owners with the assurance of a professional regulated service,
complaints process backed by professional indemnity insurance, client
money protection insurance cover, and a clear level of service standards.
We also subscribe to the Tenancy Dispute Service to protect deposits held.
Professional Links
Vizard Russell has developed links with other property specialists to
assist our clients wherever possible
Property Management of blocks of flats
Estate Agents
Specialist Property Insurance Brokers
Planning and Development Consultants
Mortgage Brokers
Property refurbishment specialists
Property law and documentation specialists
Inventory companies

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MPA Insurance tel no. 01202 429966
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