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03Apr

A Short Guide to Letting a Property

 

Successfully letting a property requires a fair bit of planning and is becoming more popular throughout the UK. Before letting a property, it’s essential to understand your responsibilities as a landlord. In this short guide, we’ll be exploring some landlord basics to letting a property in Swindon.


 

As a landlord, you’ll have certain responsibilities that must be legally fulfilled when letting a property. A summary of these are below:

 

·      You’ll need to have a legally binding tenancy agreement in writing

 

It’s essential to have this agreement in writing as oral arrangements can lead to difficulties down the line. A formal, written agreement allows you to add ‘clauses’ that protects you legally and regulates how the tenant uses the property. For example, having a ‘no smoking’ or ‘no pets’ clause.

 

·      If your tenant is to pay a deposit, you must use a tenancy deposit protection scheme

 

The deposit protection scheme safeguards the tenants' deposit on the property, ensuring procedures are in place to sort out any problems at the end of the tenancy. All deposits must be placed into the authorised protection scheme within 30 days. Tenants must also be informed of how to apply for the release of the deposit along with other important information about disputing deposit payments.

 

·      You’re responsible for major (and structural) repairs

 

In accordance with the Landlord & Tenant Act 1985, section 11-17, all landlords must keep the structure and exterior of the property in repair. The includes flooring, walls, the roof and windows. The same goes for any repairs to plumbing, heaters, electric and gas.

 

·      Organise and pay for safety checks on all gas installations & appliances - annually

 

All safety checks on appliances need to be carried out every 12 months, with the necessary repairs paid for on any unsafe appliances. All gas checks must be carried out by a person on the Gas Safe Register. All this data must be recorded and a copy provided to your tenant(s).

 

As an estate agent with experience in lettings, we also recommend creating a detailed inventory prior to tenants moving in. The ‘inventory’ is a comprehensive list of furniture, contents and fixtures in the property. This should be accompanied by a description of the item, including its age and condition. Inventories should be checked and signed by all parties.

 

The above responsibilities are essential & legally binding requirements that must be carried out before allowing tenants in your property. There are additional considerations when letting a property such as fire safety, potential health and safety inspections and basic financial responsibilities.

 

For more information on presenting your property to let please visit our landlord guide


Rental Appraisal


If you are considering letting your property, but aren't sure where to begin, speak to Castles' expert lettings team. You can even arrange a free rental appraisal to get a detailed report containing information on projected income and relevant market trends and data. For a free rental appraisal in Swindon, contact us today. 


Letting a property successfully

 

Letting a property is by no means an easy task, and you should never underestimate the amount of work involved. Most landlords will hand over the responsibility of finding tenants to a professional and reliable estate agent. This removes any long-winded negotiations with potential tenants as well as managing potentially hundreds of property viewings.

 

At Castles Estate Agents, we work alongside hundreds of landlords to help them find tenants and maximise their potential rental income. Our letting agents will be able to successfully advertise your property to thousands of potential tenants who are looking to rent a property in Swindon.

 

Our knowledge of the local market allows us to identify and target the type of tenants who will be interested in your property. For advice and guidance on letting a property, or to speak with one of our letting agents, call us today on 01793 61167.  


For further information and advice on letting a property in Swindon, navigate to our blog series on lettings. With guidance on starting out as a landlord, landlord responsibilities and relevant legislation for landlords. And, if you still have questions, give one of our expert lettings agents a call. We will be happy to help you. 

19Feb

Leading independent estate agent Castles Residential Sales & Lettings has started the new year by announcing the appointment of two senior members of staff, expanding the ever-growing team after turning 15 last July and winning a host of awards.

Award-winning Castles are delighted to appoint a new lettings manager, Steven Harrington, as well as the promotion of Katie Page to senior lettings consultant. Steven will oversee the whole lettings team, bringing a wealth of experience to the business, while Katie will celebrate two years at the business by taking on more responsibility in the lettings department.

The appointments are part of a period of growth and success for Castles, winning a host of awards including the Wiltshire Small Business of the Year award in 2007, The Relocation Agent Network’s Best Agent regional award for Wiltshire in 2011 and 2012, and two allAgents Awards in 2015. Regarded as the best estate agent in Swindon, Castles are also ranked 79th in the country out of over 15,000 estate agents.

Mark Noble, managing director of Castles Residential Sales & Lettings, said: "I'd like to welcome Steven into his new position, and congratulate Katie on her excellent work that has led to her promotion. Castles are in an exciting period of expansion, and it's great to add new skills and expertise to our team, so we can maintain and expand the excellent customer service we're known for.

"I wish them every success in their new roles, and I'm confident that we can do exciting things in the sales and letting market with their help.

New lettings manager Steven enters the business with over 30 years of experience in estate agency, bringing specialist knowledge in sales and lettings as well as a passion for customer service. As well as spending time with his family, Steven enjoys practicing martial arts outside work.

Katie has been with Castles for two years and having become a trusted and valued member of the Castles team, she has been rewarded with more responsibility within the business. Her hard work and dedication has been an asset to the business, and Castles hopes to develop her confidence and knowledge even further.

12Feb

Launch of Castles Conveyancing

 

Castles Conveyancing are pleased to announce the launch of their brand new efficient conveyancing service, designed to speed up the buying process.

 

Having noticed that sale processes are taking longer and longer, much to the frustration of buyers, the team are eager to speed up the process and get people settled into their new homes quicker. 

The Castles Conveyancing team are looking forward to supporting house buyers. Mark Noble, managing director of Castles Conveyancing, said: "
Launched in November 2017, Castles Conveyancing has already had a fantastic start with a large number of vendors bringing their homes to the market in November and December. They choose to instruct Castles Conveyancing to start the process right from the get go with no cost to themselves and with the knowledge that when a buyer is found, they are already ahead of the game.”

 

Mark goes on to say “A high percentage of buyers in the same period have also put their faith in the new service and once again, right from the start, they are encouraged to speed up the process by ordering their local searches on day one. By purchasing a search pack, if anything goes wrong on the first purchase, the second set of searches on a subsequent purchase is free of charge.”

 

The time between sale and exchange has elongated from 8 to 12 weeks to 12 to 16 weeks in large numbers of cases. The new service will encourage people to instruct solicitors quicker.

Castles Conveyancing is a service that vendors and buyers can use to help them through the sale or buying process. The service is no move no fees for either party or buyers (excluding disbursements).

 

Vendors can sign up at the instruction stage, and Castles Conveyancing will get moving on the paperwork straight away, avoiding unnecessary delays. This includes lists of fixtures and fittings as well as property information forms. Castles Conveyancing helps vendors get ready to send this essential paperwork out. Reducing time wasted on getting this simple paperwork together can be a real asset in speeding up the wholesale process. 

Recent interest rates rises mean it could be a great time for many buyers to look to move and fix their mortgage at a rate that could otherwise continue to increase.

 

The recent budget announcement to scrap stamp duty for first time buyers will only increase the demand for this service.

 

For buyers thinking about moving, Castles Conveyancing is able to help, as they can offer quotes at second viewing stage and buyers who have chosen a property are asked to pay for searches on the day a sale is agreed in order to save time.

Castles Conveyancing pride themselves on high-quality service and hope to speed up the timetable for buying and selling property. The service is offered no move no fee to both vendor and purchaser. There will be no costs, for example, for instructing solicitors and filling out forms, although disbursements will still be charged. The fees that are quoted are fixed charges with no hidden extras.

The team at Castles Conveyancing are ready and waiting to help you make your move. Get in contact today to see how they can help you to move faster.

24Jan

House Valuation Swindon - A Short Guide

 

If you’re searching online for ‘house valuation Swindon’ there are some important considerations before you get started. Many first-time sellers (and buyers) often overlook some basic principles that can really help in getting the best offer when it comes to selling your home. In this article, we’ll be exploring a few considerations and some important information when selling your property.

 

With the property market moving away from a sellers’ market in previous months, the now neutral market has seen the pace of property sales decrease. This has given buyers more choice than they previously had, and has made the ‘quick sale’ slightly more uncommon. This stems from buyers willing to walk away if there is little negotiation for price, making it more and more difficult for sellers to get the true value of their property.

 

At Castles Estate Agents, we’re experienced and passionate about everything property. Our agents are here to support you through your property journey and help achieve the very best sale price for your home.

 

House Valuation Swindon - How Much Is My House Worth?

 

If you are searching for ‘house valuation Swindon’, it’s likely that you looking to sell your home, considering a move in the near future, or are looking for a second opinion. With the property market shifting into a ‘buyer’s market’, listing your property online and hoping that someone will buy it just won’t suffice.

 

One of the most important factors in property sale is understanding the true value of your property and how you can truly maximise this value in such a competitive market. We have previously worked with clients who have had no luck in selling their property with a prior agent, despite tens of viewings and interest.

 

With the shift in the current property market, getting a comprehensive house valuation and identifying the right price is more important than ever. By also understanding the range of factors that can impact the value of your property can also go a long way in attracting the right type of buyers.

 

At Castles Estate Agents, we’re firm believers of selling a property at the right price - and not lowering the asking price just to get a quick sale. Making sure you choose the right agent has always been an important factor in selling your home for the right price, and now so more than ever before.

 

House Valuation Swindon - Attracting Buyers

 

When attracting the type of buyer who has serious intent to purchase, there are a few simple yet effective things you can do to improve the chance of a sale. This doesn’t mean you have to go out and heavily invest in redecorating or developing your home. Below are a few extra steps you can take to ensure you leave a lasting impression on any potential buyer:

 

First impressions matter. The first thing potential buyers will see is the front of your property. It’s essential that your front garden (if you have one) is clean, tidy and well presented. This also goes for the front of your house. You need to give it a welcoming, homely feel and this can be achieved with a fresh coat of paint (including all window frames and doors). These basic up-keep techniques are long-lasting and provide a great first time impression for any buyer - and are also cheap to carry out.

 

Unlike many estate agents, the team at Castles don’t just tell you what you want to hear. By combining our experience and honesty, we truly believe we can provide you with the best advice when it comes to selling your property. So, when searching online for ‘house valuation Swindon’, we recommend giving our team a call on 01793 611677.

 

You can also book a property valuation online by choosing your preferred time slots, and one of our team will get back to you. 

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