Home Landlords Lettings process

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Guide to letting

A step-by-step guide to letting a property

We'll help you all the way to minimise void periods

Accurate rental valuation

Your aim should be to let your property at the best possible price in the shortest possible time.

We conduct thousands of valuations every month giving us an intimate and unparalleled knowledge of property values.

This is why we consistently achieve the asking price.

Step 1

Select an estate agent

Your estate agent should have a strong high street presence as well as the ability to support you as a Landlord with the latest technology.

My Foxtons provides greater transparency with your tenancy and unparalleled speed when letting or re-letting your property.

Step 2

Consider a short let

Short lets (lettings up to six months) can be benefit from:

  • High returns on your property
  • Rent paid in advance
  • Flexibility of commitment
  • Minimise void periods
  • Often high quality corporate tenants
Step 3

Consider Property Management

Many tenants insist on renting managed properties and are often prepared to pay a premium for this.

Property Management gives you peace of mind that both your property and tenant will be cared for 24/7.

  • Managing tenant enquiries
  • Organising emergency repairs
  • Collection of rent
  • Transfer of utilities
Step 4

Property presentation

First impressions count, making the presentation of your property critical to a successful let.

Consider addressing any DIY jobs you have been meaning to get done, add a fresh coat of paint where necessary and try to declutter to make rooms appear larger.

Foxtons' team of dedicated professional photographers will then take photographs and produce floor plans in just one visit.

Step 5

Prepare your property for tenancy

Before your let begins, a professional and comprehensive inventory must be obtained setting out the condition and contents of the property. Foxtons will take care of this for you.

Short lets require utilities, council tax and TV licence pre-arranged as these costs are included in the rent. The tenant will be responsible for any telecommunications.

Step 6

Find tenants

To find your perfect tenant your property requires maximum exposure across a wide range of media.

When you instruct Foxtons to let your property you will benefit from our unrivalled, comprehensive marketing package, including: exposure on our website, email & SMS alerts, promotion on property websites like Rightmove and Zoopla and representation by our local offices.

Step 7

Accompanied viewings

Accompanied viewings mean we can use our expertise to help let your property.

Our longer opening hours are essential to maximise viewing opportunities for your property.

Step 8

Receive offers

As soon as a tenant makes an offer we will contact you to communicate full details and any special conditions to help you decide whether or not to accept.

You can also view and track all offers within My Foxtons at any time.

Step 9

Accept an offer

Once you accept an offer we will do the following, regardless of whether your property is managed:

  • Collect references from the tenants
  • Arrange signing of Tenancy Agreement
  • Collect moving-in payment (rent + deposit)

We can also, subject to a fee, get your property ready for move-in:

  • Carry out check-in and inventory
  • Organise Gas Safety Inspection & Portable Appliance Test
  • Arrange professional cleaning
Step 10

Completion

Upon completion, keys will be released to the inventory clerk or the tenant on moving-in day.

For managed properties, we will provide the tenant with contact details of their dedicated Property Manager.

Congratulations, your property is now let!

Step 11

How much is your property worth?

Get your free online valuation

Instant Valuation

Unlock the true value of your home

Maximise your rental income, minimise void periods

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