RENTING YOUR PROPERTY THROUGH GIBSON LANE
THE PERFECT CHOICE TO HELP YOU FIND TENANTS FOR YOUR PROPERTY
The Letting Process:
Preparing your property for rent
Before you think about marketing your property for rent, take a step back and consider how it is going to be presented when prospective tenants come to view. Having a nice clean property with freshly painted walls and clean flooring will greatly appeal to anyone coming to view your property and shows that you as a landlord look after your property and by virtue, expect a tenant to do the same. Before you can start to market and find a tenant you will need to make sure you have a valid EPC (Energy Performance Certificate) which needs to be a minimum rating of E to comply with legislation.
Finding the right tenants
This is sometimes overlooked but is actually one of the most critical parts of any tenancy. Finding the right tenant is the difference between a harmonious relationship between landlord, agent and tenant. Taking the time to find out everything you can about any prospective tenant, what their lifestyle dynamic is and their employment situation will have an impact on whether they are the right fit for both the property and the landlord. Be open-minded about who comes through the door and makes offers, at first they might not seem like the right fit but could turn out to be the perfect tenant.
Your rights and responsibilities
With over 160 different legislations and regulations to comply with when letting out your property, it is essential that you get expert advice so you don’t become liable for something that could have easily been avoided.
Gibson Lane services
Being an independent agency, we can tailor our services to meet any landlords needs and requirements, whether you need your property managed or just find you a tenant, we can talk you through all of the legislation changes and guide you safely through the process. Below is a breakdown of what you can expect to receive from each of our levels of service but if you need any clarification then give us a call and speak to one of our ARLA trained experts:
Tenant find service – 12% inc VAT
This is our entry service where we will give you advice on how best to market your home and what you need to do to comply with all of the different bits of legislation. We will market the property on all of the major portals such as Zoopla, Rightmove and On The Market along with our Gibson Lane website, window cards and social media. We will carry out accompanied viewings, take offers and negotiate to get you the best deal possible. When a tenant has been found we will carry out referencing, advise on the appropriate tenancy agreements, collect the first month’s rent and security deposit and register the deposit on your behalf in a government-backed scheme. We will organise an inventory and check in for your new tenants and after your tenants have collected the keys, provide them with your contact details for any ongoing maintenance issues.
Rent Collection Service – 15% inc VAT
This includes all the services mentioned in Tenant find along with the added benefit of collecting the rent on your behalf and passing it on to the landlord. We will also pursue non-payment of rent and provide advice on rent arrears actions.
Fully Managed – 18% inc VAT
This includes all of the services mentioned in Tenant Find and Rent Collection along with giving you a dedicated property manager who would be your main point of contact after your tenant is in situ. We will conduct regular inspections of the property to make sure your tenants are complying with their obligations and report back to you with our findings, we would organise works on your behalf, such as yearly gas safety checks and any other required works and provide you quotes for larger works and maintenance issues that might be required. We will transfer the utilities into your tenant’s name along with the council tax. Finally, we will advise on the end of tenancy inventory check out dilapidations if there are any, propose costs and negotiate with tenants and return your tenants deposit. This gives you peace of mind that your property is being fully looked after without any stress.
The benefits of management
With access to ARLA qualified property experts, having your property managed by Gibson lane offers more than just letting us deal with issues that arise at the property. We can be your first call for any questions and advice you need. Gibson Lane are members of ARLA Propertymark and the Property Ombudsman. With 24h access to emergency contractors, you can be assured that we will always have people able to attend to any property emergency who don’t charge a fortune. Giving your property to Gibson Lane gives you the peace of mind you need.
Why use Gibson Lane
Gibson Lane are a long-standing independent agency with a highly experienced team with expert local knowledge. We can give our personal insight into the area, the pro’s and con’s and comparable evidence to explain our pricing. We are an award winning agency who pride ourselves on our customer service and going above and beyond to help our clients, no matter how obscure the issue and with easily accessible offices, you can always pop in to meet us.
We are the only call you will need to make to help with all of your property needs.
The costs involved
TDS Tenancy Agreement £180 inc VAT
Deposit registration by Gibson Lane £90 inc VAT
Gas Safety Certificate £120 inc VAT
Energy performance certificate £120 inc VAT
Inventory Make Price on application
Check in / out reports Price on application
Professional Clean Price on application
Electrical Condition Installation Report £340 inc VAT
PAT Testing £120 inc VAT
Additional property visits £120.00 inc VAT
Consultancy (per hour) £120.00 inc VAT
Arrangement fee for refurbishments 10% + VAT of net cost
Service of Notices to terminate a tenancy (Non managed) £90.00 inc VAT
Renewal Fee £90.00 inc VAT
Instructing contractors during void periods £120.00 inc VAT
Attendance at court or any tribunal on your behalf £120.00 inc VAT per hour