All letting agents use contracts of some sort. This is an agreement drawn up between the letting agents and the landlords. Many contracts are drawn up pretty quickly, however others may take longer, depending on many factors.
Before drawing up your contract you need to ensure you and your letting agents have a full understanding of what you want, and what they can do for you. Once all of this is set out, only then can the contact be drawn up. Remember, if you’re not happy with the contract then another one can be drawn up.
When you get your contract you should set a couple of hours out to read through your contract numerous times, just to make sure everything is correct and there are no mistakes. It’s also a good idea to check that everything is in there and that there’s no missing information. Of course if you aren't sure on anything in your contract then contact your letting agents as they are there to help and answer any questions you may have.
It’s also a good idea to have a look through and find the termination clause and be clear on what you have agreed on to terminate your contract. In most circumstances this will be by giving notice, usually around 2 months before the end of the tenancy. It’s really important to take notice of your termination clause as some letting agents may try and indicate that they can take a percentage of your selling fee.
What are the most important things to take into consideration when reviewing your contract?
Make sure you look out for management fee’s. Some letting agents will include additional fee’s and hidden charges which may entitle them to bill you or your clients for tasks such as general admin, bank processing, contract preparation and emergency call outs.
For more information on this article please click here or visit www.embassylettings.co.uk
Monday 22 February 2016
Monday 25 January 2016
Are You Ready To Let Your Property?
Letting your property can be a scary task, especially if you have never done it before. Many people letting their property go ahead with private letting, however it’s always the best idea to let your property through a letting agents.
Letting agents will take care of a lot of the nitty gritty details that can be quite tricky to deal with yourself, and will more than likely take care of any potential people who wish to view your property. They’ll also do everything for you from the photos to the contracts!
Although ensuring you do your research beforehand on which letting agents you’re going to go with, you need to set in place the minor details. By this I mean choosing things like whether you’re going to let your property full furnished, part furnished or unfurnished.
It’s also a good idea to decorate your property. You don’t have to do this dramatically, but by doing a fresh lick of paint, potentially changing the carpets and sorting out the kitchen and bathroom, you’re property will become more appealing to even more people.
However, if you’re not wanting to decorate, you may be thinking about letting the new tenants decorate themselves. If so, you may wish to put some rules in place within the contracts, saying what they can and cannot do. Or alternatively, just let their imaginations run wild!
Once you’ve got all the above under control, nows the time to find the right letting agent for you. There are so many letting agents and property management businesses out there, so ensure you do numerous amounts of research beforehand. Letting agents cambridge can take care of all the above for you, and ensure you have the right tenants to suit your property.
For more information on this article please click here, or visit www.embassylettings.co.uk
Letting agents will take care of a lot of the nitty gritty details that can be quite tricky to deal with yourself, and will more than likely take care of any potential people who wish to view your property. They’ll also do everything for you from the photos to the contracts!
Although ensuring you do your research beforehand on which letting agents you’re going to go with, you need to set in place the minor details. By this I mean choosing things like whether you’re going to let your property full furnished, part furnished or unfurnished.
It’s also a good idea to decorate your property. You don’t have to do this dramatically, but by doing a fresh lick of paint, potentially changing the carpets and sorting out the kitchen and bathroom, you’re property will become more appealing to even more people.
However, if you’re not wanting to decorate, you may be thinking about letting the new tenants decorate themselves. If so, you may wish to put some rules in place within the contracts, saying what they can and cannot do. Or alternatively, just let their imaginations run wild!
Once you’ve got all the above under control, nows the time to find the right letting agent for you. There are so many letting agents and property management businesses out there, so ensure you do numerous amounts of research beforehand. Letting agents cambridge can take care of all the above for you, and ensure you have the right tenants to suit your property.
For more information on this article please click here, or visit www.embassylettings.co.uk
Subscribe to:
Posts (Atom)