There are many circumstances which lead to one’s decision to let their property, whether it be to provide of retirement, relocate or to move abroad.
Letting your property offers an increasingly secure form of investment with annual yields easily exceeding other kinds of investment. This provides a consistent income which is tied to the general cost of living.
The demand for rental properties is increasing due to younger people renting for longer and a general shortage of property.
Buy to let properties are popular with mortgage providers, as they are more relaxed about lending to this type of purchase.
The value of your property is likely to rise over time, as well as provide a consistent income.
If you’re living abroad, there are certain legal formalities that need to be addressed in relation to the non-resident-landlord-scheme (NRLS).
We can also help you build your portfolio, sharing new local investment opportunities and detailed market reports which show areas anticipating the most growth.
When building your portfolio, there would be further exposure to the market and therefore we will guide you fully on achievable rents and cashflow forecasting to ensure that investments made are fully secure.
Our team will guide you through the most suitable “Buy to Let” options, connecting you with reliable property sourcing experts.
Our members are full trained to understand thoroughly all requirements and are equipped with the best systems to oversee compliance. We also ensure that all tenants are referenced comprehensively and offer a rent and legal service guarantee which will give you peace of mind and financial security. There are many complicated steps to managing a tenancy, and as the years go by, more legislation has been introduced to our industry. Our expert knowledge will ensure your investment is protected, saving you time and minimising risks.
One of the key benefits is that we make daily payments to Landlords through the use of market leading and bespoke software to manage rents promptly. Once reconciled through our system, rents are paid by BACS directly into your chosen bank account. We also generate monthly rental statements which are sent by email.
There are certain tenancies which fall outside the housing act, however in the vast majority of cases, the type of agreement used is an assured short-hold tenancy agreement, also referred to as an “AST”. This gives the tenant a minimum fixed term tenancy of 6 months.
As part of our fully managed service, we provide rent guarantee and legal cover. As we will ensure that every tenant is thoroughly vetted before a tenancy can be accepted, it is unlikely you should experience a problem like this, however in cases of rent default and the need to evict a tenant who is in breach of their tenancy terms, we will proactively work on your behalf to ensure the most appropriate action is taken.
We are currently offering all new Landlords 12 Months Rent Guarantee for Free. Visit our Special Offer page to find out more information.
As a Landlord, you have a legal obligation under the Landlord and Tenant Act to maintain the structure of the building, sanitation and upkeep of items provided as part of the tenancy.
There is very little difference in rental value between a furnished or unfurnished property and its location. It is based on one’s preference. A bedsit in a shared property targeting young professionals, it would usually be expected that the property is furnished, whereas a property at the higher end of the market would normally be expected to be unfurnished. It will also depend on your own individual circumstances as well and what’s also important to consider is that white goods are usually supplied whether a property is let unfurnished or furnished.
The upkeep of gardens, is written in the tenancy agreement and is the tenant’s responsibility, however it’s recommended that necessary equipment is supplied to ensure that the tenant adheres to this. Should you have large gardens or plants that require special attention, we can arrange a gardener at low cost.
An adjudication process is offered by the bond scheme to settle any potential dispute over proposed de-ductions at the end of the tenancy. This is why we have invested heavily into the quality of our inventory reports, as the outcome of any adjudication will depend on the evidence supplied. As your agents, we will do our utmost to ensure you are best protected.
Under an Assured Shorthold Tenancy agreement, the Landlord has mandatory rights to serve a minimum of two months’ notice to reclaim possession of their property at the end of the fixed term contract. At the end of the notice period, the tenants will have been expected to vacate your property.
The “Right to Rent” scheme was rolled out across England in February 2016. Its purpose is to make sure that tenants have a legal right to live here before granting a tenancy. We have been carrying out these checks for many years anyway but now failure to obtain a sufficient proof of residence will result in a fine.
All Landlords could be liable to pay tax on their rental income, whether they live in the UK or abroad. Fur-ther information can be found on the Inland Revenues website.
As part of our fully managed service, we register the bond in our chosen scheme, though you have the option to choose a different deposit scheme should you wish to manage the tenancy. We can guide you on which one is most suited to your needs.
You are required to give the tenant appropriate notice before entering the property.
It’s stated in the tenancy agreement that the tenant is responsible for paying council tax and utility bills. It is also the tenant’s responsibility to pay the TV license, unless the Landlord has supplied a TV as part of the tenancy.
"INDEPENDENT LONDON BASED ESTATE AGENT I’ve had great service from Eddie and Louise at Your Home Managed. Everything is dealt with efficiently to ensure the process of renting out your property goes smoothly. I’ll be sure to usethem again in the future"
"GREAT LETTING AGENCY AND A REAL HELP IN SOURCING INVESTMENT PROPERTY. Excellent service. Your Home Managed have been managing a flat of mine for several years. I recently asked Eddie and Louise to help me find another suitable investment property. They visited over a dozen places on my behalf and gave me invaluable advice on choosing a good property around the price point and yield level I had targeted. They also arranged minor building works to prepare the property for letting, and ordered and assembled furniture before picking great tenants. This took away a lot of the headache out of sourcing and setting up an investment property. I wouldn't hesitate to recommend them."
"Louise and Eddie have done an amazing amount of work and given us huge support in finding excellent tenants for our property. They were available to receive our calls and queries and gave excellent advice. They found us excellent tenants very quickly and ensured all the necessary checks were completed in record time. The whole process was seamless and convenient for all. We are very happy with the very high standard of service and attention to detail by this company. We highly recommend ‘Your Home Managed Ltd’"
"I've known Eddie for over 6 years now and have been letting our flats with him ever since we first met. I'm very pleased with his and his team's service and have also been happy with the tenants he finds. He is excellent at helping to keep me informed and there is minimum fuss when it comes to the end of a contract. I'm happy to recommend him to friends or family who want to let their flats."
"Couldn't recommend these guys more...Eddie and Louise have just been absolutely fantastic from the very get go.These guys create a personal service, and know what they're talking about. Thanks so much!"
"Efficient timely and friendly service always, over many years with Louise and more recently with Eddie. They run a tight ship!!"
"These guys have been extremely helpful in helping me both find a tenant and also in managing the property. I would 100% recommend their services to any landlords looking to rent their property out."
"Eddie and Louise found new tenants for us very quickly and at a far higher rental level than has been suggested by the previous managing agent. Great service all round, from the letting side to the management."
"I have rented with Your Home Managed and the experience has being lovely. Eddie has always been really nice to my family and I, doing his best to help us with everything about the flat. Since the first phone call, he was very polite, respectful and helpful, just the opposite of what we are used to when it comes to renting in London. Amazing service."
"Our experience with the team and services has been very positive throughout our tenancy. The house itself is in great condition, and Eddie and Louise are always friendly, professional and quick to answer any questions or address any issues. Couldn't recommend Your Home Managed more!"
"Eddie and Louise have been amazing, and have made everything completely straightforward and easy - I'd highly recommend Your Home Managed!"
"I have recently engaged with Your Home Managed when my current tenant gave in notice and I needed to find a new one. Nothing was too much trouble for Eddie. We had many phone calls going through what I needed to do and the best approach to do it. He arranged all the work and certificates I needed, and secured good tenants within days. Eddie really has been the answer to all my problems and now I can relax. A more personal service than you get from any high street agent. I highly recommend this company."