1. Property valuation
The best place to start the letting process is when we visit you at your property. This meeting is called a ‘property valuation’ and we use it to assess your requirements, establish who your property is likely to appeal to, agree how much rent we think you should be able to achieve and suggest any recommended improvements to help ensure you maximise the potential of your property.
We base our valuations on actual properties recently let within your area. We also take into account a number of other factors such as market conditions, the location of your property, the size of your accommodation and, if furnished, the standard of that furnishing
2. Preparing your property
It is worth thinking about the kind of tenant you want to attract as each type of person has different needs. For example, young professionals tend to want contemporary decoration, while students will require desks and young families generally like to eat in kitchens with a table.
Properties that look good achieve higher rents and let more quickly. So it really is worth taking time to ensure your property is presented to the highest possible standard.
As a general guide, the following ideas work well when letting a property:
- Before marketing your property, do ensure that it is in good decorative order and sound structural condition. We can assisst you with this
- If you’re living in the property while it is being marketed, do make sure that you keep it clean and banish clutter.
- Keep the decorations neutral – the property will look cleaner and is more likely to fit in with your tenants’ personal belongings.
- If your property is unfurnished, you will still need to supply carpets, curtains, light fittings and a cooker.
Every property is individual, but we have a great deal of lettings’ experience and are always happy to help you maximise the potential of your rental property
3. Signing up your tenant
Once we have found a tenant that you are happy with, we will request a deposit to reserve your property and a completed Tenancy Application form. As soon as these are received, we will progress to taking up references.
Referencing is our main way of assessing a potential tenant. It’s so important that we use an independent agency experienced in this field.
Once we receive a Tenancy Application and a deposit to secure the property, we will contact our agency and they will arrange a formal credit check with your applicant’s employer and any previous landlord.
These checks are assessed and communicated to you for approval before the tenancy is agreed.
4. Our Services
If you don’t live near your property, or don’t have the time to deal with issues such as finding suitable tenants, collecting rent and arranging contractors, this service is for you. Under this ‘full management’ letting service we will take care of everything – you can just sit back and enjoy the income your property generates.
If you’re happy to deal with any property maintenance issues that might arise and sort out suitable contractors, but don’t want to find tenants and collect rent, this is the service for you. When you choose our ‘Rent Collection’ service, we market your property to find you a suitable tenant, and then collect the rent securely on your behalf.
5. Managing and ending the tenancy
Most properties are let on Assured Shorthold Tenancies for 6 or 12 months. You cannot regain possession of your property before the end of the tenancy unless terms have been breached, or your tenant agrees to that earlier repossession.
Even at the end of the tenancy there are certain regulations you need to follow. For example, you need to give a minimum of two rental periods’ notice in writing if you want your tenants to vacate the property on the final date of the contract.
We are very proactive in managing all the properties on our books and will write to you and your tenants whenever necessary to ensure you don’t miss important dates.
Buying for investment
From investment advice, through to property supply and portfolio management, SIS Properties has a lot to offer property investors. Want to get the best price. We have been involved with lettings for over 16 years this gives us a wonderful insight into all aspects of property sales negotiation. As professional negotiators working solely for you and with our property buying experience, you are giving yourself the best chance of negotiating the best price and terms possible. Buy to let has become a major source of good long term property investment in London and the surrounding areas. It is critical when buying to let that the income from rent is in excess of all the outgoings of the property including, mortgage interest payments, local charges including any service or maintenance charges and any set up and ongoing charges. SIS Properties can help in choosing the right property to buy as a Buy to Let.
We pride ourselves on giving you just what you need and can assist you and your business in the day to day letting of your properties.
- Advice on suitable properties for investment
- Up and coming areas to invest
- Property and portfolio management
- Tailored property management services
Property developement does not need to be a large scale operation. Providing you suitable funding, you can invest by either building from scratch or renovating an existing property. We have a number of services available for developers.
Investments & Portfolios
Our Portfolio management service is available to both private landlords and corporate clients. In addition to taking care of the day to day running of your portfolio with our full property management, we can manage the strategic direction to ensure it achieves your investment aims.