We would like to wish all our Clients and Customers a Merry Christmas and A Happy New Year!
Our office reception will remain closed during the festive season from the 23rd December to the 4th January 2022
However, if you wish to arrange a viewing, marketing appriasal or need to contact us urgently, please email: leamington@thelettingpeople.co.uk and we will get back to you as soon as possible.
We wish you to stay safe and well free from the Coronavirus
The Letting People
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Wow! another property let in 1 day, that is amazing!
Landlords! If you have a property to let this August we have some great news! Your standard Letting Only service is sizzling with a new summer special offer from just £300 and get a FREE video tour.Â
Anthony Kempster our Director comments “this is a great opportunity to get your property let quickly with no *minimum fee at just 50% of the first months rent +VAT (60%), a FREE property video tour and online viewings all included. We have let so many properties through live virtual viewings are you missing out? Call me today for a free marketing appraisal or book with the link below”
*Minimum fee of £600 waived for August instructions. Your property must be ready and available to let by 30/9/2021 at a minimum of £500 pcm to take advantage of this offer.
Recently there was a report that for just a small outlay, perhaps even less that £100, as a landlord you could upgrade your Energy Performance Certificate.(EPC)Â
Rightmove, which it is suggested analysed the data of over 15m homes in England and Wales, also looked at the the number of homes that did not have the potential to improve the energy rating of between D and G.
One of the cheapest methods identified of achieving an improvement to your EPC would be to install energy efficient lighting, with the portal estimating the cost at just £38 on average!
Here is a link to the report:
Why is this important?
Well, in our experience many tenants are now looking very closely at the potential running costs of your rental property and may be doing so before even thinking about booking a viewing.
This could make all the difference in letting your property quickly and avoiding those dreaded void periods perhaps even due to the current tenant giving notice on a poor EPC
Is it time to improve your ROI by reducing your void periods?
Anthony Kempster, our Director comments “With many tenants under cost pressure any energy savings are welcome. Whilst there are some low cost savings that the tenant could implement themselves, such as insulating the hot water cylinder with a jacket, if this was already in place from the landlord you could improve your EPC and even perhaps let your let your property more quickly. Think about it, for just a small outlay of perhaps £23, against a loss of 1 weeks rent of say £200 or more! Next time you let your property why not have a look at your EPC and see where you could potentially make savings!
If you would like to discuss your next letting and how we may be able to help save you money, click below and book a call back with Anthony
Recently it is claimed there has been a 263% increase in fraudulent applications!
In the first instance, in our experience, it is really important to start to build a ‘picture’ of your potential tenant.
A great way to do this is to ask intelligent questions, and ‘interview’ at the viewing stage and if they are interested further in renting why not send a pre-qualify application form.
What is their employment situation and gross earnings?Â
Rental history and previous addresses?
What about their credit history?
Have you always paid the rent on time?
Do you have any adverse credit?
Do you have the Right to Rent?
If that all looks ok then move on to taking your Holding Deposit and the take up of formal references. Top tip: Check all the information and examine any documents provided at every stage of the application process for consistency, accuracy and truthfulness.
Did you know that you could minimise the risk of your next letting by using our Tenant Application Progression service?
Not only is it proven to reduce the risk of a ‘bad’ tenant it also comes with
*Terms and conditions apply and comes as standard on all our package services!
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Anthony Kempster, our Director comments, “Perhaps the biggest risk to landlords property investments is a fraudulent tenant.
This is why as a company, tenant referencing has always been at the forefront of our premium service to landlords.
Through our Tenant Application Progression service our landlord clients can be reassured that we robustly check every tenants references through both our referencing services provider and using our extensive years of experience of assessing a tenants information throughout the whole process from viewing to handover.
Here at The Letting People we are so confident of your Tenant Application Progression service that we are also prepared to offer your unique and innovative ‘The Good Tenant Money Back Guarantee’.
The computer may say yes… but is it a NO!
Landlords! We have some exciting news as we move forward out of lockdown. Your renters will now be able to view your property on Boomin – a powerful new property portal we’re working with.
Secret properties, Sneak peak, Property playground and booking viewings 24/7 are just some o the features of this new portal
Boomin and The Letting People working together offers you a more seamless service and gives you access to many unique features when selling or letting a property or looking for your next home.
Anthony Kempster, our Director, comments “We are delighted to be able to get our clients properties on Boomin and look forward to new features and benefits being added to this impressive portal soon”
Why not take a look yourself at what Boomin has to offer by clicking the button below!
Click here to take me to Boomin
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Well you could say this was a budget that didn’t deliver any major surprises – with the 3 month extension of stamp duty relief widely expected! There was further help announced with a taper-off for properties up to £250,000 thereafter to the end of September, returning to normal levels from the 1st October 2021.
However, what appeared clear from the statement by Rishi Sunak is the intention to turn ‘Generation Rent’ into ‘Generation Buy’Â Â – encouraging first time buyers with a 95% mortgage guarantee scheme!Â
So where does this leave the rental market?Â
It could be expected that there will be continued high levels of activity with buyers and sellers looking to take advantage of the stamp duty savings in the next few months. Maybe this could also lead to higher house prices in the short to medium term affecting landlords decision to expand their rental portfolio.
As first time buyers move out of rental properties this could lead to more rental properties becoming available which will help tenants in areas where there is strong demand and a shortage of supply, but could impact areas of oversupply with falling rents.
What with other factors such as the apparent shift towards home working, the desire for outside space and exodus out of large cities, it will be interesting to see if these trends continue once the lockdown is eased.
Its certainly going to be a challenging time for landlords moving forward!Â
Landlords, Spring has arrived! We have many tenants looking for property to rent. If you need help, why not give us a call 01926 882555
We are receiving many more enquiries from tenants with pets. If you property is available to let our pet consultants can ensure your property gets noticed by tenants looking to rent.
We have many years experience of letting suitable ‘pet friendly’ rental properties.
Talk to the experts and see how we can help! Woof Woof
The Letting People are proud to be at the forefront of introducing innovative products to landlords. Comprehensive referencing with that extra reassurance through the Tenant Application Progression process enables us to offer you as *standard your ‘Good Tenant Money Back Guarantee’. Now we are going one step further…..
Many landlords are experiencing unprecedented difficult circumstances during these extraordinary times and by removing the worry of not receiving regular rent payments is where the The Letting People can help you with your peace of mind…….
What if your tenant is made redundant?
What if your tenant suffers a major illness?
What if your tenant has a relationship breakdown?
All the above could mean that your tenant may not be able to pay your rent. Have you a contingency plan to see you through?
You could enjoy peace of mind and a well deserved stress-free time to yourself by letting us take care of your Letting and Property management and… here is the best bit……..
We have you covered with your FREE rental guarantee insurance!
Your Special Offer! Your new tenancy will be covered by Rent Guarantee insurance arranged by The Letting People through our referencing provider with NO EXCESS – so includes the first month unpaid rent. (A saving of 4.2% of the monthly rent on our standard cost!) Also, includes legal expenses cover for regaining possession. Subject to the Terms and Conditions of the insurance provider available on request.
Important stuff to know! This is a limited offer and only available for all new Letting and Property Management agency instructions received, and agreed by us, before the 31/5/2021. Your rent guarantee insurance FREE offer will cover the first 6 months of your new tenancy. Renewals at your cost and subject to the Terms and Conditions of the insurance provider.
