How much rent should I charge?The potential rent of a property is dependent on several factors including market trends, the property size, presentation, location, condition and other factors. RPMC can undertake a free market appraisal of your property so that you can better understand the property’s potential income.
Should I use an agent?Letting your property can be time consuming and complicated and whilst there is no legal requirement to use an agent, an agent can ensure that the full income value of your property is realised in the most simple and hassle free way.
Should I let my property furnished or unfurnished?Property can be let furnished or unfurnished. There are additional legal requirements for furnished properties (eg, all furniture supplied by a landlord within a property to let must comply with The Furniture and Furnishing (Fire) (Safety) Regulations 1988) whilst there is a higher demand for properties that are unfurnished. Please contact us directly for advice on the requirements for letting furnished or unfurnished properties.
How are potential tenants reviewed?All tenants that are considered for a property undergo a referencing procedure. This includes a credit and affordability check and employment references – any landlord references/rental history which is available will also be reviewed. The landlord always has the final decision on the tenants which ultimately rent the property.
How is repair or maintenance arranged under the Management and Maintenance Service?Any arising issues in relation to the property requiring repair or maintenance will be discussed directly with the landlord. RPMC maintain an approved list of available contractors covering all aspects of property maintenance who we can instruct directly on your behalf or from whom we can obtain a quote for your approval. We are also able to liaise with any of your own preferred contractors. Landlords are required to carry out certain maintenance and repairs by law and RPMC can you on this aspect of the law.
What are a landlord’s legal obligations?There are several pieces of legislation that will be relevant to letting your property including: The Landlord and Tenant Act 1985 – You have an obligation to provide and repair any provisions for heating, hygiene and supply of water etc. The Furniture and Furnishings (Fire) (Safety) Regulations 1988 – All furniture and furnishings must comply with current fire safety regulations. The Gas Safety (Installation and Use) Regulations 1988 – All gas plumbing and appliances must be checked annually to ensure they are safe for use. There are various other pieces of legislation that may affect you as a Landlord, please contact us directly if you need any more information and advice.
Do I need permission from my mortgage lender to let a property?Yes, if you have a mortgage then you need to notify your lender of your intention to rent the property.
Who pays for the utilities?The tenant will be responsible for paying all utilities unless otherwise negotiated in the tenancy agreement.
What is the Inventory Check in/Out Service?An inventory is a document that clearly details the condition of the property along with any fixtures and furnishings. These become important at the end of the tenancy when deposit re-claiming take place as evidence of the original condition of the property is required – therefore a professional inventory is vital.
Who received the rental income?You will receive the rent less our fees on a monthly basis directly into your account.