When it comes to letting properties this is where we really excel.
With years of experience dealing with single unit landlords, large portfolio landlords, family trusts, hedge funds and pensions bodies we really have come across pretty much every possible scenario.
Letting a property is complex but with Elite Property it doesn't feel it. Our dedicated property consultants are here to guide you every step of the way.
No matter the size of your portfolio, we can tailor a package to suit your every need.
Interested to find out what return you could get or to see if your current investments are working for you? Check out our handy calculator.
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learn moreBefore you can rent out your property, you must get approval from your mortgage lender, who may also place additional restrictions. Any mortgage should be a buy to let mortgage if you are purchasing a home with the aim of renting it out, this will remove the need for any additional lender approval.
If your property is Leasehold you will also need to ensure that the Head Lease allows the renting of your property, there may be additional checks or paperwork required.
The best way is to request a valuation from a letting agent. Since we at Elite Property are market specialists, we can tell you how other rental homes are performing in the neighbourhood and what type of rent you may anticipate based on current market conditions.
Tenant deposits must be registered with a recognised tenancy deposit scheme by landlords and letting agencies. The landlord, the agent, or the deposit programme itself will thereafter hold the deposit. The purpose of the Tenancy Deposit Scheme is to safeguard the tenant's funds and facilitate the resolution of any disagreements at the conclusion of the tenancy.
To comply with English law, an Electrical Installation Condition Report (EICR) is necessary. We can assist you in making sure the electrician you hire satisfies the requirements.
