Being a landlord takes time and can often be stressful, which is why many use a fully managed service to look after their rental property.
Renting out your property to paying tenants is a great way to increase your income, but there are a lot of things to organise; researching your rights and the rights of your tenants, drawing up an agreement which covers every eventuality, collecting the tenants’ deposit and payments and dealing with any issues, including the property’s maintenance, that arise.
Using A Fully Managed Service Saves You Stress and Time
The mountain of work involved in renting out your property can be even more stressful if you’re holding down a job at the same time, perhaps having purchased the property whilst your child was at university in Southampton. You’ll have less time, less energy and most likely less patience to deal with any problems the tenants might have if you are a hands-on landlord as opposed to those using a fully managed service.
Homelife Lettings has been in the business of letting Southampton properties for over 40 years and is a member of the Southern Landlord Association, following their Code of Conduct, so you and your tenants will be reassured that they are in the hands of professionals.
What Is Included in a Fully Managed Service for Landlords?
Making extra money from property rental, whether you are an experienced landlord or new to the property letting business, it’s much easier when you use experts from Homelife Lettings to provide you with a fully managed service.
They will handle all aspects of your property rental including:
- A free evaluation and marketing appraisal
- Finding you the right tenants
- Setting up a tenancy agreement
- Placing the deposit with MyDeposits.co.uk a government approved deposit protection scheme, which gives both landlords and tenants a fair deal.
- The ongoing collection of payments
- Weekly feedback and regular reports about how the rental is going for you and a point of communication for your tenants
- Maintenance of your property (routine during office hours and emergencies covered on a 24 hour call out basis).
With the above taken care of you will not have to regularly visit your property. Your property manager will also handle the unpleasant side of things, such as evicting tenants who refuse to pay the rental fees, so you won’t have to go through the stress of confronting abusive tenants, should this scenario ever happen to you.
Let us Manage Your Property
For more information about the fully managed service provided by Homelife Lettings please give our friendly team a
call today on 023 8058 6838.