Do you know what your property is worth? Do you have realistic expectations of rental income? If you’re asking too much, you risk long period with your property empty, but if...
read moreThere’s a lot to think about when you’re planning to let out your property. Above all, you need to make sure that everything is set up to protect your....
read moreThe key to finding you the best tenant is to advertise your property widely and get a good range of applicants to choose from. We’ll market your property,...
read moreWe review all tenant applications and carry out reference, proof of identity and financial checks (including validating their guarantor, if they need one) to determine...
read moreAn inventory protects you as the landlord, and your tenant. It avoids disputes, especially over the return of the deposit. The tenant is required to return the property....
read moref you just want us to find your tenant, our agreement stops after Step 5. But if you’d like us to manage every aspect of your tenancy for its duration, we will also do...
read more
Do you know what your property is worth? Do you have realistic view of what you could sell for? If you’re set your price too high, you risk not getting prospective buyers to view. But of course if you ask too little, you’ll be leaving money on the table.
The value of your property depends on so many factors - not just size and location, but condition, parking, public transport, schools in the area, leasehold or freehold, and many other factors. It can be difficult to judge the perfect pricing. We sell properties in north London all day every day. We know the market; we know the prices that other properties have achieved. So before you do anything else,
ask us for a valuation of your property.
There’s a lot to think about when you’re planning to let out your property. Above all, you need to make sure that everything is set up to protect your property and your income. That’s why the Property Tree offers a free expert review. We will check that all bases are covered and identify any areas where you need support or advice.
Our expert staff are fully up to date with all the legal aspects of letting, including safety regulations, tenancy agreements, clauses and possession. We’ll ensure you’re aware of key legal and financial requirements, including:
The key to finding you the best tenant is to advertise your property widely and get a good range of applicants to choose from. We’ll market your property, including taking high quality specialist photos, and writing a clear and engaging description.
We advertise your property on our own website, and on the popular aggregation sites, including Zoopla, OnTheMarket, and PrimeLocation.
We review all tenant applications and carry out reference, proof of identity and financial checks (including validating their guarantor, if they need one) to determine their suitability. We can manage the whole process for you, or create a shortlist if you want to meet tenants yourself.
Once we/you have selected a tenant, we’ll collect their deposit and register it with the Deposit Protection Service, and collect their advance rent. We’ll draw up the tenancy agreement and arrange for all parties to sign.
Most tenancies are classed as Assured Shorthold Tenancies. There is no minimum period for an Assured Shorthold tenancy; however, we recommend that the tenancy is for not less than six months. Most tenancies are drawn up for a period of twelve months.
Some tenancy contracts have break clauses - these allow either party to terminate the agreement with two months’ notice after an initial period of four months. Our expert staff can discuss the pros and cons of different time periods with you.
We’ll ensure that the tenants understand the charges and bills that they need to pay, which include gas, electricity, water, telephone, council tax and television licence. As the landlord, you are responsible for the payment of service charges and ground rent in leasehold properties and buildings insurance on Freehold properties.
An inventory protects you as the landlord, and your tenant. It avoids disputes, especially over the return of the deposit. The tenant is required to return the property and contents at the end of the tenancy in the same condition as they were at the beginning (with fair wear and tear excepted). In order to know if this requirement has been met, you have to have a clear record of the condition of the property at the start of the tenancy. It is almost impossible to ascertain whether damage was caused during a tenancy without a proper inventory. For that reason, we strongly advise our Landlords to carry out a full inventory for each separate tenancy. We can organise a check, carried out by a professional inventory clerk.
The inventory check documents the condition of the property at the start of the tenancy. It includes meter readings and, for furnished properties, a list of items provided and their condition. Our professional inventory clerks use photographic evidence of condition, as well as a written report.
At the end of the tenancy, another inventory check is carried out. If the property is handed back in the same condition as at the start of the tenancy, the tenant’s deposit can be returned. If there is damage, we’ll arrange estimates for the repair/replacement, agree these with the tenant and take the cost from their deposit.
If you just want us to find your tenant, our agreement stops after Step 5. But if you’d like us to manage every aspect of your tenancy for its duration, we will also do the following:
Contact us for a personalised quote for our Managed Service option