Finding a suitable tenant quickly is the best way to maximise rental income - here is how we do it…
Finding a Tenant: There are many aspects to renting, but few so important as finding a suitable tenant quickly. Hunt Frame always tries to find the right tenant whether private individuals or a Company let.
Marketing is the key issue. Our website ensures that all properties are displayed the same day as instructions are received to find a tenant. Additionally, all properties are advertised on the popular property portals such as Rightmove and OnTheMarket .Our prominent office location ensure significant ‘walk-in’ enquiries. All viewing appointments are accompanied by an experienced member of the lettings team. Once a tenant agrees to rent a property, a holding deposit is taken.
We use an independent, specialist company who report to us on the suitability of the tenant via referencing. These findings are of course reported to you for your approval. Each tenant is assessed on the basis of: Employment reference Previous Landlord reference (where applicable) Search of public records for evidence of previous address and credit score. Students are required to provide a guarantor who is referenced separately and who is obliged to sign a guarantors agreement.
Increasing the desirability of your property by presenting it in the best possible way will maximise your rental figure by reducing marketing time and minimising void periods. It is important that the property looks inviting to prospective tenants.
We recommend proper cleaning before marketing. It is a condition of the tenancy that it is left in the same state at the end of the tenancy as it was found - so this is a worthwhile investment. The rooms should be free from clutter with only the fixtures and fittings that are to be left for use by the incoming tenant on display.
We recommend a choice of neutral colours for the decor. We have approved contractors for cleaning, decorating and general repair if required. The property can be let either furnished or unfurnished. In either case, it should have curtains and carpets where applicable. Where a property is to be let furnished, it should have the appropriate number of beds, wardrobes and chests of drawers. The kitchen must have white goods and the extent of these is a major factor in tenants paying the highest rental values. For example, many tenants look for microwave ovens and tumble dryers in addition to the standard equipment. Crockery, cutlery and kitchen utensils are essential as is a table at which to eat. Quality bathrooms are also important.
10% of any rents collected plus 3 weeks Tenant introduction fee
8% of any rents collected plus 3 weeks Tenant introduction fee
3 weeks rent
Additional charges are as follows
Inventory Report - £175.00
Tenancy Renewal Fee - £75.00
Rent Review of the property £75.00
To Register the deposit with the Tenancy Deposit Scheme - £75.00
To arrange a gas safety certificate - £75.00
To arrange an EPC - £75.00
To conduct a check out inspection mirroring the inventory report - £75.00
Property Inspection - £75.00
Landlord Withdrawal - Fee 2 weeks rent
Court attendance - £300.00
Tenancy Dispute Fee - £120.00
Arrange Installation of Smoke Detectors and CO Alarm - £15.00
Late payment letters to tenants (After Hunt Frame have chased the tenants twice) - £15 per letter
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