If you’re thinking about letting a property, you’ve come to the Wright place.
With over 100 years’ experience and a wealth of knowledge in the property market, we understand that your priority is occupying your properties quickly with quality tenants, therefore we work tirelessly to ensure this happens.
No two properties – or landlords – are the same. That’s why we offer a tailored service to suit you and your circumstances each and every time. After all, what good is a one size fits all approach with something as important as your property?
When we are approached by potential landlords, we offer helpful and friendly advice before they’ve even bought the property. Here are some of the FAQ’s:
I’m looking to buy a property to let, where do I start?
Best advice…pop in and see us. We’ll have the kettle on ready, and chat to you about the options available, giving advice on area, average rental income and demand. This will put you in the best position before buying.
How is the letting market?
Due to the increased difficulty in obtaining a mortgage, the letting market is in a very strong position currently, with the months from April – October the most popular.
When will my property be rented out?
Every property is different, there is no guarantee upon a timescale as this is often dependant on area, rent amount and demand.
What about improving my property?
We offer advice on how to present your property to give it the best opportunity to let quickly. General maintenance and a clean property, inside and out, are a must, and it’s worth noting that properties with modern kitchens and bathrooms tend to let quicker.
And what about furnishings?
Due to changes in the financial climate and housing markets, people are letting properties for longer timescales now than in past times. For that reason, a lot of tenants prefer to bring their own furniture. However as it’s not always the case and every tenant is different; flexibility is the key.
Do I need to pay any tax on the income from rent?
HMRC says yes – all earnings on profit made from the property need to be declared.
Tips for landlords
- First impressions count when it comes to your property being rented out. Make your property stand out by presenting it the right way; there is a lot of competition in the letting market nowadays, so would be massively to your advantage to emphasise your property’s unique points.
- The same goes for the inside of the property. Clean up inside before any potential tenants come to view. The last thing anyone wants to experience when imagining home is leaky taps, unpleasant smells or dirty cookers.
- Overall, make sure all aspects of the property are up to scratch and meet required standards to help you attract the best tenants at the best price.