Guide to letting

The process of renting out a property involves more than just finding a tenant online, moving them in, and collecting rent. In our landlord's guide, we'll take you through the step-by-step process of how to effectively rent out your house.

Knowing Monthly rent

First, you'll need to determine the optimal monthly rent for your property. This involves instructing an agent with deep market knowledge to professionally value your property and provide an accurate recommended asking price.

Finding an Agent (UK Sansar estate agency)

Next, you'll want to find a reputable estate agent to market your property. Look for an agency with an excellent reputation, cutting-edge technology, and a strong online and high street presence. Your agent will be your guide, helping you navigate the legal requirements, tenant screening, and the overall letting process in the West Midlands region.

Short or Long term?

When it comes to the rental term, both short-term (less than 6 months) and long-term (over 6 months) lettings have their advantages. Short-term can provide higher returns, prepaid rent, and minimal vacancy periods, often with corporate tenants. Long-term lets, on the other hand, can offer a guaranteed monthly income and the potential for a tenant to stay for years.

Finding reliable tenants

As a landlord, finding trustworthy tenants who will pay rent on time and care for your property is a top priority. Your agent will handle the tenant screening process, including collecting references, arranging the tenancy agreement, securing the deposit, verifying IDs, and conducting the necessary legal checks. They may also coordinate inventory reports, gas safety inspections, and professional cleaning.

Letting Property

Whether you have one property or a full portfolio, we can provide comprehensive guidance on renting out your property, attracting reliable tenants, and maximizing your investment returns in the West Midlands area.