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First of course are the basics, checking if a property is legally compliant (as examples, electrical and gas safety, furniture safety, Energy Performance Certificate), writing a description, good quality photos and then advertising the property. This is followed by a lot of work behind the scenes to pro-actively market your property on social media and contacting prospective tenants on our database. Hours and hours can then be spent taking enquiries by email, telephone, in the office and online. Then viewings and viewings…sometimes no shows after we’ve travelled and waited at the property and the timewasters, for hours and hours to ensure the right tenant is matched to you and your property and not just any applicant!
Don’t forget at this stage and after hours and hours of work, we haven’t been paid a penny! Also remember, ultimately neither we or you set the rental price, the market does!
When someone applies for a property then there’s a colossal amount of time we spend in internal referencing and to make sure everything is cross-referenced. Then there’s the deposit to be protected and to ensure all the legalities are adhered to in relation to deposit protection and the prescribed information to be issued correctly and in the legal timeframe (the Housing Act 2004, the Localism Bill 2011 and the Deregulation Act 2015).
There’s now the added burden of right to rent checks under the Immigration Act 2014!
There’s the tenancy agreement to be signed and check in to be booked…all this takes time and we have systems in place which are costly but built to make the landlord and tenant experience seamless and stress free.
Then during the tenancy, it’s the pro-active management of tenants. If you self-managed, have you ever thought what would happen if a tenant had an emergency at 4am and you're on holiday, or a tenant doesn’t pay rent or on time or when a tenant trashes a property when the landlord found the tenants and did it themselves to save on fees!
Don’t forget behind the scenes there are card payment systems, online system for landlords and tenants, systems to chase rent, book property inspections and a whole lot more!
Then, there is the increased regulation of buy to let landlords – more than 100 Acts of Parliament with 400 individual requirements (Source RLA July/Aug 2017).
Letting any property can be stressful, whether you are a tenant or landlord. Let Sheffield Residential make it stress free, with our local expert knowledge and excellent service we give you peace of mind!
And if you want (we don’t push you to use any one like many estate agencies!), we can recommend:
For professional, local expert knowledge and one to one help with letting your Sheffield property, contact our Lettings Team now:
Sheffield Residential Estate Agents and Letting Agents
89 Pinstone Street, Sheffield, South Yorkshire. S1 2HJ UK
Office Hours: 9.30am to 6pm Monday to Friday
with late night opening on Wednesday until 8pm
10am - 5pm Saturday
Viewings until 10pm and Sundays by appointment