Your ‘Good Tenant Guarantee’

Introducing Your ‘Good Tenant Guarantee’…

Landlords, are you:

  1. Fed up with applications from unsuitable tenants?
  2. Paying back refundable holding deposits and incurring Agent fees where applications have ‘fallen-through?
  3. Concerned about empty periods and lost rent whilst looking for another suitable tenant?

Will your Tenant be a ‘good’ tenant?

Due to our extensive experience, our application and professional referencing service has been proven to reduce the possibility of a ‘bad’ tenant through our robust Tenant Application Progression service.

So here are the benefits:

 

  1. In the last 12 months The Letting People’s ongoing services have achieved more than 99% of rent payments being paid on time (and with this meaning less than 1% average rent arrears
  2. In the last 12 months no Tenant applications have failed references and fallen through. Meaning all applicants we progress have gone on to become tenants.
  3. Unless the property is not available we can turn round the application process to handover in 7 days minimising your loss of rent for empty properties

What do we look for in your tenant’s references?

In the first instance we pre-qualify Tenant applicants to meet selection criteria and subsequent we will arrange to take up references including your tenant’s current:

 

  1. Employment situation and gross earnings
  2. Rental history and/or previous addresses (especially if they own a property)
  3. Credit worthiness

In order to gain as clear a picture as possible of the expected tenancy.
Getting to know your new tenant …

Your Tenant Application Progression service (TAP) is an essential part of your necessary due diligence …

Find out more by contacting us on 01926 882555

Landlords is your property not letting?

Landlords is your property not letting? 

Wondered why other similar properrties are letting and not yours?

Maybe now is the time to consider the benefits to having additional marketing support from a letting expert?

Marketing support is all about getting more interest in your property from prospective renters to help let your property quickly with the support of a letting expert!

Ok, so all our letting services feature advertising on the main portals of Rightmove and Zoopla together with a host of other websites. 

However, the following specialist services are also available through your letting expert as part of your Letting and Property Management service, and can include:

1.    Proactive marketing to relocation agents and corporate home movers

2.    Targeted market options and referrals which may include 3rd party businesses such as Rent to Rent or Serviced Accommodation operators etc. 

3.    Changes to property advertising

4.    Changes or new photos or 3rd party photos upload for advertising

5.    Bespoke split testing or lead bait testing for Rightmove and Zoopla

6.    In depth marketing comparator assessment and report

7.    Uplift advertising options and marketing recommendations for landlord additional payment 

8.    Uplift options in our goodwill such as premium listing, social media etc

Call us on 01926 882555 to find out how we can help get your property let quickly!

Terms and conditions will apply

Ps We also offer range of  letting solutions such as a No Deposit option!

 

An extended 3 bedroom terraced house in Southam

This extended, spacious 3 double-bedroom terraced house with patio and spacious garden, 2 bathrooms is located in Southam, within walking distance of local shops and good bus routes.

Key Features:

  • Extended kitchen dining area
  • 3 double bedrooms
  • Patio and spacious garden
  • Gas central heating
  • Attic space
  • Double glazing

+++++DRAFT NOTE: The information provided about the property has been submitted to the Vendor but has not been verified by the Vendor and therefore is distributed without any guarantee of accuracy.

Further Details:

Front path beside off-road forecourt parking space beside path leading to entrance door, opening to the hallway with staircase leading to first floor, and door to
Downstairs
• Sitting room to front with modern gas fire in fire-surround and window to front.  Double doors to
• Dining kitchen with ceramic-tiled flooring, having under stairs storage area, dining area, and kitchen with fitted cupboards, and appliances including: gas hob, electric oven and a washing machine.  Patio door to back garden, and door to

  • Downstairs bathroom with bath having electric shower over, WC and washbasin.

Upstairs
• Double bedroom overlooking the front, with door to:  Modern en-suite shower-room with shower cubicle having shower, WC, washbasin and heated towel rail
• Double bedroom overlooking the back garden. Gas boiler.
• Spacious double bedroom with window to back (having pull down ladder access to attic space – with skylight window and radiator.

Outside front

Forecourt with pathway and parking space

Outside rear

Patio and garden with shed

Tenure: We understand that the property is Freehold

Services: We understand that Electricity, Gas, Water mains services are connected to the property

Council Tax: We understand that the council tax band for this property is To be confirmed

Energy Performance rating: The Energy Performance rating is D

Letting Arrangements: The property is currently let on an Assured Shorthold Tenancy to  28/3/2018

Viewing: All viewings are strictly by prior appointment with Coverworld Management Services Ltd T/as The Letting People. Please contact our office before your viewing appointment to confirm that the property remains available.

Location: The property is located at: 55 Abbey Lane Southam, Warwickshire CV47 1HR

More information available on Zoopla here: https://www.zoopla.co.uk/for-sale/details/46632849?pro_preview=1#DiR1ulFQ6wjLrIoP.97

Important: If there are any important matters which are likely to affect your decision as to whether to view or purchase the property you must contact us to obtain written clarification from us to your satisfaction before viewing the property.

Agent Notes and General Disclaimer:

Whilst Coverworld Management Services Ltd, T/as The Letting People endeavour to make Property Descriptions accurate and reliable, they should not be relied on as statements or representations of fact and do not constitute any part of an offer or contract. In addition, property descriptions are provided only as a general outline in good faith and from information provided to us and no Employee, Partner, Owner or Director of Coverworld Management Services Ltd T/as The Letting People has any authority whatsoever to give or make representation or warranty in relation to the property.

All measurements provided are approximate and for information guidance only and therefore are inaccurate. All prospective Buyers are advised to obtain their own measurements on inspecting the property before committing to any expense. Also, photographs and digital images are provided for general information only and do not imply that any item appearing in a photograph or digital image is included for sale with the property. In addition, furnishings, fittings and equipment are illustrative and may not represent these being present on viewing.

All those fixtures and fittings specifically stated on this property description have been advised by the Vendors to Coverworld Management Services Ltd T/as The Letting People as being included in the sale price. However, prospective Buyers are advised to confirm fixtures and fittings included when making an offer.

We would strongly recommend that all the information which Coverworld Management Services Ltd T/as The Letting People provide about the property is verified by you on inspection. Coverworld Management Services Ltd T/as The Letting People have not carried out any survey or tested any apparatus, equipment, fittings, installation or services including heating and so cannot verify they are in working order.

A copy of the Energy Performance Certificate may be viewed, on request, at our offices.

All prospective Buyers will be required to comply with Money Laundering Regulations which will require your submitting identification documentation and may also require proof of the source of funds.

The information displayed is a property advertisement and does not constitute property particulars. Any opinions contained within this property description are not statements of fact and may not represent the opinion of a potential Buyer and do not constitute any part of any offer or contract

Coverworld Management Services Ltd T/ The Letting People has not verified legal title or lease details, service charges and ground rents as may be applicable and therefore Buyers must obtain verification of the legal title and all other details of the property from their conveyance solicitors.

Property description preparation date:02/02/2018

Version v1

Garage for Sale in Leamington Spa

 

+++SOLD+++++ A rare opportunity to purchase a town centre freehold garage – great for vehicle parking or for storage of motorbikes, cycles, sports equipment, etc. Approximate size:  16’6” deep x 7’9” wide (127.88 square feet), 5.03m x 2.36m (11.88 square meters) with newly fitted corrugated roof and wooden barn-style doors with two locks.

Key features:

  • Freehold garage
  • Town centre location
  • Quiet road
  • Approximate size:16’6” deep x 7’9” wide (127.88 square feet), 5.03m x 2.36m (11.88 square meters) 
  • Newly fitted corragated roof and barn-style wooden doors with two locks
Guide price : £10,000
 
Available: now
 
 

Viewing: All viewings are strictly by prior appointment with Coverworld Management Services Ltd T/as The Letting People. Please contact our office before your viewing appointment to confirm that the property remains available.

 

Location: The property is located at Gordon Street

 

ImportantIf there are any important matters which are likely to affect your decision as to whether to view or purchase the property you must contact us to obtain written clarification from us to your satisfaction before viewing the property.

Estate Agents Act 1979: Disclosure Notice S21: This property is owned by a director of CoverworldManagement Services Ltd T/as The Letting People 

 

Agent Notes and General Disclaimer:

Whilst Coverworld Management Services Ltd, T/as The Letting People endeavour to make Property Descriptions accurate and reliable, they should not be relied on as statements or representations of fact and do not constitute any part of an offer or contract. In addition, property descriptions are provided only as a general outline in good faith and from information provided to us and no Employee, Partner, Owner or Director of Coverworld Management Services Ltd T/as The Letting People has any authority whatsoever to give or make representation or warranty in relation to the property.

 

All measurements provided are approximate and for information guidance only and therefore are inaccurate. All prospective Buyers are advised to obtain their own measurements on inspecting the property before committing to any expense. Also, photographs and digital images are provided for general information only and do not imply that any item appearing in a photograph or digital image is included for sale with the property. In addition, furnishings, fittings and equipment are illustrative and may not represent these being present on viewing.

 

All those fixtures and fittings specifically stated on this property description have been advised by the Vendors to Coverworld Management Services Ltd T/as The Letting People as being included in the sale price. However, prospective Buyers are advised to confirm fixtures and fittings included when making an offer.

 

We would strongly recommend that all the information which Coverworld Management Services Ltd T/as The Letting People provide about the property is verified by you on inspection. Coverworld Management Services Ltd T/as The Letting People have not carried out any survey or tested any apparatus, equipment, fittings, installation or services including heating and so cannot verify they are in working order. 

 

 

All prospective Buyers will be required to comply with Money Laundering Regulations which will require your submitting identification documentation and may also require proof of the source of funds.

The information displayed is a property advertisement and does not constitute property particularsAnyopinions contained within this property description are not statements of fact and may not represent the opinion of a potential Buyer and do not constitute any part of any offer or contract

 

Coverworld Management Services Ltd T/ The Letting People has not verified legal title or lease details,service charges and ground rents as may be applicable and therefore Buyers must obtain verification of the legal title and all other details of the property from their conveyance solicitors.

 

Property information preparation date 02/03/2018

Version V1

+++ SOLD+++Spacious 2 double-bedroom terraced house on sought after Chase Meadow development

Property Type: Terraced house

Offers over  £225,000 

+++UNDER OFFER++++ Summary: This is a spacious 2 double-bedroom terraced house with kitchen diner leading out to the patio and enclosed garden. The property is located on the peripheral of the much sought after Chase Meadow development, within walking distance of Warwick town centre, local amenities, a nursery and bus routes, it is also situated in the catchment area for a number of good schools. There are excellent transport links to the M40 to London or Birmingham and A46 to Stratford-upon-Avon and Coventry. This would be a great opportunity for a first time buyer, investors or someone looking to downsize.

Key Features:

  • Kitchen dining area
  • 2 double bedrooms
  • Patio and secluded garden
  • Gas central heating
  • 2 Allocated parking spaces
  • Double glazing

Description: A well presented, spacious two bedroom house benefiting from two good size double bedrooms, a spacious living area and large kitchen diner which leads out into the low maintenance garden. The family bathroom has recently had a full, modern refurbishment. There are two allocated parking spaces to the front of the property off a private driveway.

More information is available on Zoopla here: https://www.zoopla.co.uk/for-sale/details/46928272?search_identifier=1c1053147ff845014f8b0dc0c5dcfcd2#ACcALxulZ7PRvPjl.97

Outside front: Two allocated parking spaces directly in front of the property with security light.

Entrance hall: Leading into the living area, with radiator.

Living Area: (4.98m x 4.01m max) Double glazed bay window, 2x radiators, large under stairs storage area. Television and telephone points.

Kitchen/Diner: (4.98m x 2.44m) Double glazed window and double glazed door to rear leading out into the garden. Light coloured kitchen cabinets, recently fitted stylish grey flooring. There is part wall tiling, a stainless steel sink drainer and a gas cooker point, plumbing for washing machine and dishwasher, space for a fridge freezer, Potterton central heating boiler and a radiator.

Outside rear: Low maintenance enclosed garden with patio, borders, security light and rear access. There is a timber shed, the garden backs on to a spinney.

Landing: Loft access to part boarded loft.

Bedroom One: (4.37m max x 4.04m max (x 3.68m)) Two double glazed windows to the front, built in wardrobe, radiator and airing cupboard. Television point.

Bedroom Two: (2.97m x 2.84m) Double glazed window to rear, radiator.

Bathroom: Double glazed window, heated towel rail, recently refurbished to a high standard. Bath with triton electric shower over, hand basin, W.C, extractor fan and shaver point.

Tenure: We understand that the property is Freehold.

Services: We understand that Electricity, Gas, Water mains services are connected to the property.

Council Tax: We understand that the council tax band for this property is C

Energy Performance rating: The Energy Performance rating is C

Viewing: All viewings are strictly by prior appointment with Coverworld Management Services Ltd T/as The Letting People. Please contact our office before your viewing appointment to confirm that the property remains available.

Location: The property is located at: 32 Young Close, Chase Meadow, Warwick, CV34 6PW

Estate Agents Act 1979: Disclosure Notice S21: This property is owned by an employee of CoverworldManagement Services Ltd T/as The Letting People

Important: If there are any important matters which are likely to affect your decision as to whether to view or purchase the property you must contact us to obtain written clarification from us to your satisfaction before viewing the property.

Agent Notes and General Disclaimer:

Whilst Coverworld Management Services Ltd, T/as The Letting People endeavour to make Property Descriptions accurate and reliable, they should not be relied on as statements or representations of fact and do not constitute any part of an offer or contract. In addition, property descriptions are provided only as a general outline in good faith and from information provided to us and no Employee, Partner, Owner or Director of Coverworld Management Services Ltd T/as The Letting People has any authority whatsoever to give or make representation or warranty in relation to the property.

All measurements provided are approximate and for information guidance only and therefore are inaccurate. All prospective Buyers are advised to obtain their own measurements on inspecting the property before committing to any expense. Also, photographs and digital images are provided for general information only and do not imply that any item appearing in a photograph or digital image is included for sale with the property. In addition, furnishings, fittings and equipment are illustrative and may not represent these being present on viewing.

All those fixtures and fittings specifically stated on this property description have been advised by the Vendors to Coverworld Management Services Ltd T/as The Letting People as being included in the sale price. However, prospective Buyers are advised to confirm fixtures and fittings included when making an offer.

 

We would strongly recommend that all the information which Coverworld Management Services Ltd T/as The Letting People provide about the property is verified by you on inspection. Coverworld Management Services Ltd T/as The Letting People have not carried out any survey or tested any apparatus, equipment, fittings, installation or services including heating and so cannot verify they are in working order.

A copy of the Energy Performance Certificate may be viewed, on request, at our offices.

All prospective Buyers will be required to comply with Money Laundering Regulations which will require your submitting identification documentation and may also require proof of the source of funds.

The information displayed is a property advertisement and does not constitute property particulars. Any opinions contained within this property description are not statements of fact and may not represent the opinion of a potential Buyer and do not constitute any part of any offer or contract

Coverworld Management Services Ltd T/ The Letting People has not verified legal title or lease details, service charges and ground rents as may be applicable and therefore Buyers must obtain verification of the legal title and all other details of the property from their conveyance solicitors.

 

Property description preparation date:16/03/2018

Version v1

The Letting People Milton Keynes

Please note that The Letting People Franchisee, 2PM Management Ltd, with effect from Thursday 24th May 2018, does not have a licence to operate The Letting People Franchisee Business.

Should you wish further information on the ongoing The Letting People agency services available in the Milton Keynes and surrounding area, please contact:

The Letting People Management Ltd

2 Crossways Business Centre

Bicester Road

Kingswood

Aylesbury

Bucks

HP18 0RA

 

Does My Unfurnished Rental Property Need an Inventory?

When you let your property to a tenant you might have some fears, worries and ‘what ifs’. One of the main worries may be damage to your property or furnishings, and one of the best ways to minimise any misunderstandings is to have a full inventory with a schedule of condition. You and your future tenant can then agree any amendments to this at the start of their new tenancy.

It is obviously essential to have the inventory in place before you hand over your property to a new tenant.

But what if you don’t have any furnishings? What if you’re like one of the many landlords who rent a property unfurnished? Do you still need to provide an inventory? 

The simple answer is yes! Even without furnishings, and before the property handover, the inventory should itemise everything in the property and, where applicable, a note of the current condition of each entry.

 

Here are some of the non-furniture items you should list in your property inventory:

 

  • Wallpaper and/or paint colours
  • Light fittings
  • Floor coverings
  • Curtains and/or blinds
  • Fittings and appliances
  • Meter readings
  • Keys provided

 

You should also always note the details of cleanliness and any depreciation, such as marks to the paintwork and fading to carpets, curtains, blinds, etc, at the property handover.

 

Keep your inventory updated and easy to access

When your tenant moves on, you’ll need to get your new tenant to agree to any updates too. Cleanliness and wear and tear will need some adjustments, and adding in any additional appliances or equipment as you go makes it simpler to just update it – perhaps on a database or spreadsheet.

 

Agree your property inventory with your tenant

With each new tenancy, the tenant should be given the opportunity to confirm, within the first week, that they agree with the inventory. That way, when you carry out property visits during the tenancy, the inventory can be checked, where necessary, for any damage or deterioration. 

If your tenant is liable for any repairs, it is usually best to work with them about how/when these will be done. This will prevent misunderstandings and reduce deposit disputes at the end of the tenancy.

Getting everything carefully documented at the start really will help both yourself and the tenant at the property check-out inspection. If something should happen to your property, even without any furnishings, you’ll have a clear agreed inventory in place and therefore less cause for misunderstandings or deposit disputes.

Just because your property is unfurnished doesn’t mean there’s any less need to have an inventory for it.

If you need an independent and professional inventory for your property, or if you have any questions about this, then please just ask.

How to Deal With Letting Your Property to a Friend

How to Deal With Letting Your Property to a Friend (and Avoiding an Awkward Situation)

What would you do if a friend or work colleague, who you've known for ages, is about to rent your property from you?  What referencing checks should be carried out? And how do you go about it?

Letting out your property to a new tenant is tricky enough, but what about renting it to someone you know well? How do you approach a potentially challenging situation and stop it from becoming an awkward one?

Supposing that, with all the best intentions, you’ve agreed your colleague is going to rent your property from you. You’ve know them for a long time, and you think that you trust them. But should you really go ahead with creating a tenancy without a bit more information than this?

Everything probably seems to start out well, but the unexpected sometimes happens … and perhaps your ‘trusted’ tenant can’t pay their rent. Were there any warning signs?

How to Deal With Letting Your Property to a Friend

Here are four simple referencing checks suggestions, to complete before starting the tenancy – and these are highly recommended to check the suitability of your potential tenant…

 

  • Tenant history

    Start by checking their tenant history – have they ever defaulted on their rent? While total security might not ever be achievable, a history of good tenant/landlord relationships can at least give you a good idea of whether the tenancy is going to work out for you.

 

  • Credit checks and outstanding debts

    Would a credit check show any issues and/or are there any outstanding debts that may highlight whether they’ve had any financial troubles in the past that might affect their payments? Trusted or not, it’s unlikely that even a friend is going to want to share something with you that might jeopardise their chances – unless they’re incredibly honest.

 

  • Income and other earnings

    Your colleague’s ability to keep up with rent payments is likely to be dependent on their income from their employer. Find out if your colleague’s employment is based on a fixed term or permanent contract. If it is fixed, when is the end date and will this guarantee a regular income which will support their payments to the end of the tenancy term?

 

  • Independent Referencing

    In order to get some clear perspective, independent referencing can allow for objectivity and add some extra reassurance that your tenant is reliable and trustworthy.  It will usually show if the trust that you think you have in your colleague is clearly supported by others?

 

These four referencing checks are all indicators which can help a landlord to decide whether tenancy is likely to be successful. Hopefully, all of them will be dispel any concerns: good renting history, clear credit history, no debts and a long term or permanent employment contract.

But what happens if a late rent payment was based on something that just couldn’t have been expected or checked? Maybe your tenant becomes ill or is suddenly made redundant. What can you do?

Where an insurance-backed reference is obtained, you may be able to apply for rent guarantee insurance – this will make sure that rent payments are continued, should the unexpected happen.

It’s not about being suspicious or mistrustful. It’s about ensuring the best reassurance for you and your tenancy agreement…. especially where you have a buy-to-let mortgage and/or where high service charges and other bills are concerned!

If you’d like any more information about how independent referencing checks can help you, please just ask!