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A 10 Point Checklist For Landlords Getting A Property Ready To Let

<p>Landlords can improve their chances of letting out their properties sooner by preparing them properly&period; Having a plan in place can enable them to make their properties more attractive to tenants&comma; allowing them to ask for the best rates&period; However&comma; a lot of work goes into preparing a property to let&period;<&sol;p>&NewLine;<h3>1&period; Decide Upon the Type of Tenants Who Will Live in the Property<&sol;h3>&NewLine;<p>Landlords must first consider the types of tenants they want to live in their properties&period; Some of the main groups include families&comma; professional couples and students&comma; and each of these groups will have very different needs&period; Different rules also affect landlords letting to different types of tenants&period; For example&comma; if letting a property as a House in Multiple Occupation &lpar;HMO&rpar;&comma; landlords must contact the Environmental Health Department at their local councils&period;<&sol;p>&NewLine;<h3>2&period; Buy Landlord Insurance<&sol;h3>&NewLine;<p>Landlord insurance is different from standard property insurance&period; For a start&comma; most landlords will not usually need much contents insurance unless they are letting a furnished property&period; However&comma; landlord insurance may also provide extra features&comma; such as rental protection&comma; making it a useful purchase&period;<&sol;p>&NewLine;<h3>3&period; Seek Advice from Mortgage Lender<&sol;h3>&NewLine;<p>Landlords should always speak to their mortgage lenders before letting out a property&period; They may find that they are in breach of their mortgage agreements by letting out their properties&comma; so they must get the OK first&period;<&sol;p>&NewLine;<h3>4&period; Decide How Much to Charge<&sol;h3>&NewLine;<p>Landlords should have a good idea of how much they will charge for rent before they start looking for tenants&period; This may involve some research of the local property market&comma; and they may want to ask a local estate agent for advice&period;<&sol;p>&NewLine;<h3>5&period; Prepare the Tenancy Agreement<&sol;h3>&NewLine;<p>A tenancy agreement written up by a lawyer is a very sensible idea&period; Landlords should arrange to have agreements written up for them that are specific to their properties rather than buying off-the-shelf solutions&period;<&sol;p>&NewLine;<h3>6&period; Clear Out the Junk<&sol;h3>&NewLine;<p>If the property is not yet in a fit state to let&comma; the landlord will have to clear it out&period; This could include clearing out old items and belongings from both inside and outside the property&period; They may want to mow the lawn&comma; cut down dead trees in the garden and throw out any trash that will make the property look less attractive and affect the ability to find tenants&period; Landlords with large amounts of items to discard may want to hire a dedicated junk removal firm like AnyJunk to clear their properties instead&period;<&sol;p>&NewLine;<h3>7&period; Clean &amp&semi; Decorate the Property<&sol;h3>&NewLine;<p>After clearing out all of the junk&comma; landlords may want to decorate their properties to make them more attractive for potential tenants&period; This may consist of painting the rooms a neutral colour throughout&comma; for example&period; Following any decorating work or even minor renovations&comma; they should consider hiring a professional cleaning company to ensure it makes a positive impression during viewings&period;<&sol;p>&NewLine;<h3>8&period; Make Safety Checks<&sol;h3>&NewLine;<p>Safety is a key factor to consider when letting a property&period; Landlords are responsible for ensuring that any furniture complies with the Furniture &amp&semi; Furnishings &lpar;Fire&rpar; &lpar;Safety&rpar; Regulations 1988&comma; and they should also ensure that they get any gas appliances checked by a Gas Safe registered engineer&period; If in doubt about their responsibilities&comma; landlords should contact their local housing associations for full details&period;<&sol;p>&NewLine;<h3>9&period; Prepare an Inventory<&sol;h3>&NewLine;<p>Inventories are essential when letting a property because they can be used if the tenants mistreat the contents and are financially responsible for any repairs&period; Landlords should prepare a detailed inventory that they can then ask the tenants to sign upon moving in to avoid any potential problems in the future&period;<&sol;p>&NewLine;<h3>10&period; Prepare a Marketing Plan<&sol;h3>&NewLine;<p>Landlords should start preparing their marketing plans as early as possible&period; By having a plan in place&comma; they can start marketing their properties immediately as soon as they are ready to find tenants&period;<&sol;p>&NewLine;<h2>Properly Prepare a Rental Property<&sol;h2>&NewLine;<p>These are some of the main things that any landlord should do to prepare a property to let&period; Landlords can follow the steps outlined in the checklist to make sure that they have covered all of the most important stages&comma; but they should also ask a letting agent or seek legal advice if they are unsure about any of the finer details&period; This way they will be fully confident that they are letting out their properties having covered all of the key areas&period;<&sol;p>&NewLine;<h5>Featured images&colon;<&sol;h5>&NewLine;<p><span class&equals;"license">License&colon; Creative Commons<&sol;span><br &sol;>&NewLine;<span class&equals;"source">image source<&sol;span><br &sol;>&NewLine;Amy is a freelance feature writer and property expert from the UK&period;<&sol;p>&NewLine;

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