11 steps to letting your property
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Where will my property be advertised?
With Foxtons you get a premium marketing plan. As standard.
We proactively market your property to our database of 18,750 qualified tenants. Plus...
- Cutting-edge digital marketing, from Facebook to Google
- Advertised on the most visited estate agency website [Source]
- Premium listing on Rightmove & Zoopla
Are there any additional marketing costs?
No. Foxtons includes all marketing expenses, including listing your property on our website, Rightmove, Zoopla, as well as printed brochures and direct email alerts.
We'll even upgrade your Rightmove listing to appear in rotation at the very top of the search results.
Who will conduct viewings?
Foxtons ensures all viewings to your property are accompanied by one of our highly-trained Property Negotiators, even in the evening and on Saturdays.
Do I need to be present for viewings?
No. Because renters often feel more relaxed when the owner or tenants are not present Foxtons will ask you to supply any access codes and keys required to enter your property so we can conduct viewings independently.
Compliance & regulations
What are my responsibilities as a landlord?
Making sure your property adheres to all relevant legislation is becoming increasingly more challenging for London landlords.
Regulation and licensing differs significantly across London boroughs and keeping on top can be difficult. There have been over 150 regulation changes for landlords over the past five years.
Visit our compliance and regulations section for a breakdown of the main responsibilities.
Do I need an EPC?
How can I protect myself from property fraud?
There are a couple of very simple measures which are recommended by both the Land Registry and Action Fraud that you can take to safeguard your property. More about Property Fraud.
How much will it cost to let my property?
How much will it cost to have my property managed?
How much does an inventory cost and who is responsible for organising this?
Prices vary depending on the size of your property.
We can organise an inventory on your behalf. Please contact us for more information or a quote.
How long does it take to receive my rent?
We transfer rent the same day we receive it.
Throughout the tenancy you can manage all your finances though My Foxtons. When we collect the rent on your behalf, not only will we transfer it to you on the same day, but we'll send you an alert as soon as the rent lands in your account.
What happens if my tenants don't pay the rent?
We conduct thorough reference and affordability checks in order to provide qualified tenants.
We successfully collect 98% of all rents on behalf of our managed landlords. Our dedicated credit control team is highly experienced in prompt rent collection whilst maintaining a proactive relationship with tenants.
Can I increase the rent?
At the end of the tenancy our renewals department will help you work out what the best course of action is for you.
Should you choose to renew the contact, we'll help negotiate any rent increases with your tenants and ensure that both you and your existing tenants are happy.
How do I manage the end of tenancy process with my tenant?
To make the moving out process more convenient for landlords and tenants, we’ve recently added a new feature to My Foxtons which allows you to manage the entire end of tenancy process online on My Foxtons
- easily compare the inventory check-in with the check-out report online
- confirm that you are happy with the condition of your property; or
- propose deductions online and allow your tenants to respond
If you are a managed landlord we will be looking after the move out process on your behalf but you will always be able to see live updates on My Foxtons
Will my tenants arrange an end of tenancy clean?
Your tenants are required to leave the property in the same condition as noted in the inventory check-in at the start of the tenancy.
Is a check-out report necessary?
It is best practice to complete an inventory check-in and check-out report. This record of the contents and condition of your property would then be supporting evidence for managing the end of tenancy and deposit process
When should my check-out take place?
A check-out report should be completed on the last day of the tenancy.
Do I need to attend the check-out?
You don’t have to be present at the check-out, however you can attend if you want
Can I use my outgoing check-out for my new tenancy check-in?
Ideally each tenancy should have its own unique inventory check-in and check-out report. In the event that you wish to make deductions against a tenants deposit best practice would be to have a unique inventory check-in and check-out report for that tenancy. Please go to My Foxtons where you can book in a check-out report
Can I use my property management inspection report as an inventory?
You can try to use it as evidence however ideally each tenancy should have its own unique inventory check-in and check-out report conducted by a third party. Please go to My Foxtons where you can book inventory reports
Who settles the utility bills?
Your tenants will need to settle any outstanding utility bills they are responsible for with the provider directly as part of the moving out process
How do I manage the deposit process with my tenants?
Please go to My Foxtons where you will be able to automatically send the deposit back to the tenants or communicate directly with the tenants should you wish to propose deductions
How much is the tenant’s deposit?
Please check the latest deposit certificate which you can find in documents on My Foxtons which will confirm the amount of the deposit
Where can I find a copy of my check-out report?
If a check-out report was booked through Foxtons you will find a copy at My Foxtons in your documents folder. It can take up to 3 days after the move out date for the report to be received from the check-out clerk.
What can I claim for against the deposit?
Typically most claims are for outstanding rent and any damage to the property or its contents beyond fair wear and tear which would be expected during any normal residential tenancy. For more detailed advice please go to My Foxtons which will guide you through making deductions at the end of the tenancy
How long do I have to make deductions?
You have up to 10 days after the date your tenants have vacated to propose deductions from the deposit. Please go to My Foxtons for a step by step guide on the end of tenancy process
Why does a landlord only have 10 days to propose deductions?
All deposit funds held by Foxtons for Assured Shorthold Tenancies (AST) are protected with mydeposits in line with the Housing Act 2004. This legislation requires Foxtons or you as the Landlord to return any deposit funds not in dispute within 10 days of the tenant vacating the property.
Why do I need to consider betterment when making a deduction?
The tenant is responsible for damage beyond normal fair wear and tear during a residential tenancy. Please consider the length of the tenancy, the age of the item and whether or not the item is still in working order (despite the damage), or is replacement the only option?
What evidence do I need when proposing a deduction?
When negotiating at the end of a tenancy you will need to review your Tenancy Agreement, your inventory check-in and check-out reports, any email correspondence about damage or repairs, dated photographs, mid-term inspection reports, contractor reports, invoices, receipts, etc. These documents should form the basis of any proposed deductions.
How do I submit my deductions?
Please go to My Foxtons which will guide you through the end of tenancy process including proposing deductions directly to your tenants. If your property is managed by Foxtons your Property Manager will complete this on your behalf
Still have a question?
11% (13.2% incl VAT)
- Tenants for 6 months+
- For long-term secure income
- You manage tenants
Managed Long Let
17% (20.4% incl VAT)
- Tenants for 6 months+
- For hands-off landlords
- Fully Managed 24/7
Managed Short Let
26% (31.2% incl VAT)
- Tenants for up to 6 months
- For much higher rent & yield
- Fully Managed 24/7