Posts tagged renting
Vicky Owen, Office Manager for iConn Property Management writes:
As most of Canterbury was covered with snow this week, which caused some disruption in Canterbury but also some great snowmen! its a good time to think on the winter repairs that may need attending to. Our referencing company LetRisks send us a monthly newsletter in line with trends they recieve on claims, they have really interesting article on inspecting flat roofs which is worth a read: Click on the link below for the full article:
Vicky Cranthorne M.A.R.L.A, Office Manager for iConn Property Management writes:
To help you get the best out of your property investment, iConn Property Management have come up with a few ideas to get you on the road to success.
Set a bit of money aside each month
in case of any works/repairs that arise. This way, you won’t miss the money so much, and if there are no repairs that need doing during the year, you can buy yourself an extra little something at the end of the year!
Improve neighbourhood relations
and hire a monthly gardener. This will keep the local residents happy and your property will always look nice and tidy.
Look into updating furniture
this will make your property more appealing when it comes to re-marketing.
By spending a little more time and money on your property now will help reduce maintenance problems in the future.
Get ahead in the student market
Most tenants find it hard to keep on top of bills with all the essays they have to write! Include broadband in the monthly rental and make it more appealing to students.
arrange for the roofs, gutters, drains to be checked regularly to avoid any major problems.
Get in the know
iConn Property Management are happy to advise you of any recent changes in laws and regulations, just give us a call and we will be happy to help!
Sam Macdonald, Lettings Negotiator for iConn Property Management writes:
ARLA (Association of Residential Letting Agents) supplies lots of answers to common questions which tenants might need to know.
This link takes tenants direct to their website: https://www.arla.co.uk/information/tenants/rights-of-access/
Here is one of the questions I spotted earlier which I thought would be useful to know:
What About Rights Of Access To The Property, What Are The Rules?
A landlord, or his agent, or someone authorised to act on his behalf has a right to view the property to assess its condition and to carry out necessary repairs or maintenance at reasonable times of the day. The law says that a landlord or agent must give a tenant at least 24 hours prior notice in writing (except in an emergency) of such a visit. Naturally, if the tenant agrees, on specific or odd occasions to allow access without the 24 hours prior written notice, that is acceptable. [A clause in the tenancy agreement which tries to diminish or over-ride a tenant's rights in this respect would be void and unenforceable.]
I have been using iConn in it’s various stages of development for the last fifteen years as a rental agency for my house in Canterbury. The company has been extremely professional in finding suitable tenants every year, maintaining the house in good condition and relaying problems, suggestions and legal matters promptly to me by mail and E-mail to my addresses abroad. This year my family will be returning to take up permanent residence at our Canterbury home, and I can heartily recommend the company to anyone who wishes to either rent out or rent an abode in the Canterbury area.
iConn has been my letting agent for the last 7 years and undertakes a full management service for me. I have been impressed with the efficient manner in which they have undertaken this role and the professional way they handle issues. As a ‘distant’ landlord, I rely on effective communication, timely resolution of issues whilst keeping me fully informed of developments. In each of these aspects I rate them highly. During the tenure of my agreement with iConn thus far, the accounting aspect has been first rate with rental income invariably paid on time and any missing sums urgently pursued. I very much value the relationship and look forward to it continuing for many more years.
Vicky Cranthorne M.A.R.L.A, Office Manager for iConn Property Management writes:
All student tenants for July 2012 to June 2013 can view a copy of the tenancy agreement which will be used for their tenancy by following the link below:
Access Codes are provided on tenants emails sent 26.03.12 but if you need them again please call our office.
And so it begins….. We have released our available properties for next years academic term. For your ideal student property in Canterbury Don’t Delay and Take a Look Today!!!
Viewings are available and demand is expected to be high this year, so don’t miss out on the ideal property in the best location and book today!!
Full details and more photos are available on our website: http://www.iconnproperties.co.uk/search.php?town_postcode=&searchtype=student&search.x=16&search.y=11
You will also find all the student terms and documents on this page: http://www.iconnproperties.co.uk/student_information.php
Vicky Cranthorne, Office Manager for iConn Property Management writes:
ARLA (Association of Residential Letting Agents) provides this useful article for potential Landlords looking to invest in property…
- Think of buying to let as a medium to long term investment.
- Seek advice from an ARLA letting agent on local market demands.
- Get your sums right. Will the rent cover borrowings and costs, after allowing for void periods?
- Decorate, fit out and furnish to high quality standards, especially kitchens and bathrooms, to attract the best tenants and let quickly every time.
- Use an ARLA member as your letting agent. They are bonded, hold Professional Indemnity Insurance to required standards, have staff trained to ARLA’s competency standards and are kept up to date with the latest legal and regulatory requirements.
- Let personal taste cloud your judgement. Be sure the property you choose meets market requirements.
- Purchase anything with potential maintenance problems like a lot of woodwork or large gardens. It will add nothing to the rental value and cost a lot to keep up.
- Think that the running of an investment property to let can be left to friends or relatives in your absence. Tenants require a full management service.
- Use off-the-shelf tenancy agreements from HMSO or law stationers, or forget to issue the right notices or fail to have a proper inventory and condition report made before a tenant moves in. Leave all documentation to a professional agent.
- Furnish with second hand furniture or cast-off soft furnishings. These will probably contravene the Furniture and Furnishing Regulations.
Iris O’Connell M.A.R.L.A, Managing Director for iConn Property Management writes:
♦ Make sure you opt for the best Buy To Let Mortgage rate.
♦ Talk with local letting agents and use their local knowledge to ask for advice. They will advise you what areas are popular with a certain type of tenant. Which type of property will be suitable for the type of tenant you are looking for and what type of property to purchase to ensure you get the best return for your money. They will also advise you what rental levels you would hope to achieve from certain properties in different local areas. iConn is a local letting agent with years of experience and local knowledge. Call us for free helpful advice.
♦ Make sure that there is a demand for the certain type of property you want to invest in. Again ask your local agent for an insight into the local market. A member of staff at iConn will be happy to help you with any advice you may seek.
♦ Research properties on property portals like Right Move or Property Live. You will see what is currently being marketed and for what rental levels. Study the market thoroughly before you buy!!!
♦ Make sure that you are aware of the cost of fully insuring your property. This will include building Insurance, contents insurance and public liability cover. iConn can arrange this for you.
♦ If you are looking to furnish the property, furnish it according to what type of tenant you require. Furnishings for a student property will be different compared to a property a family will rent.
♦ Decorate it and repair it to a high standard; the better its condition, the higher the overall yield.
♦ Consider using an Agent to manage the property. iConn offers four levels of service. Contact us for further details.
♦ Always understand your legal obligations as a Landlord. Be realistic in understanding that your tenant will expect you to repair, replace and maintain as and when necessary.
♦ You will be expected to follow council requirements and housing law. It is also essential that you provide all necessary safety documents; e.g. Gas safety certificate.
♦ Understand your financial limits. Do not purchase an investment property if the rental level achievable just covers your mortgage repayment. What happens if you have an unexpected boiler break down? Will you have enough money in the pot to make repairs as and when required? What happens if there is a rental void period? Do you have a contingency plan for any such an event? Be realistic about what you buy, the level of mortgage compared to the level of rent achievable and the condition of the property.
My properties have been managed by iConn for almost ten years. During that time they have invariably found good tenants and always kept both my properties fully tenanted. They are thoroughly professional and experienced and have always advised me superbly as to what the best action to take is. They are a strong team of talented individuals who provide an excellent service. i have many friends who rent through other agents and their experiences confirm to me that iConn is a great choice.
iConn Property Management show thier support by collecting used stamps for RNIB,
a charity that supports the blind and partially sighted people.
If you would like to make a donation or find out more about how to show your support, click on the link below.
iConn Property Management are proud to be a regulated member of
The Association of Residential Letting Agents (ARLA).
We believe that it is extremely important for all landlords and tenants to have the facility to be able to ask questions and gain free advice.
This is why iConn Property Management are offering free advice for anyone who needs it, whether you are a current tenant or landlords of ours, or even if you aren’t!
Please share your questions by replying to this blog, and we will endeavour to answer you as soon as possible, alternatively email us on email@example.com
Take advantage of our free advisory service and get all your questions answered today.
Sam Macdonald, Lettings Negotiator for iConn Property Management writes:
As the difficulty of getting yourself onto the property ladder is increasing these days, we thought we would introduce you to this interesting article…
SHOULD YOU RENT FOR LIFE??
Click below for more info.
Sam Douglas, Accounts Co-ordinator for iConn Property Management writes:
Health and Safety Executive (HSE) deals with health and safety in the workplace and their work also includes guidance on gas safety. HSE offers advice for Landlords and letting Agents on how to comply with the law, information about gas safety checks, maintenance etc; including useful links to other information and websites.
iConn have managed our two City Centre flats for the past few years and have always found suitable tenants, who have been in a position to move in the day after the previous tenants have vacated. This has proved to be invaluable and we would thoroughly recommend their services. In particular both Vicky and Sam have been fantastic!
We have always been happy with the prompt and efficient service we have to date received from iConn. Over the past 5 years we have always been found good tenants, the management team have dealt with problems quickly and efficiently and we have no hesitation in recommending them to other landlords.
Thanks to the iConn Property Management staff I have successfully rented out my furnished house in Canterbury continuously for the last fifteen years while residing in Thailand. The service hitherto received has been extremely satisfactory and my house has been well maintained and its condition regularly monitored.
My house in Canterbury has been fully managed by iConn (formerly Humberts) since Autumn 2007. They provide me with a professional and friendly service and have ensured student occupancy of the house throughout the period. They have visited the house regularly, bringing to my attention issues that they have picked up or which have been raised by the tenants. They have dealt with urgent issues quickly and efficiently whilst allowing less urgent issues to be completed during the quieter summer months.
I am pleased with the service that has been provided.
I would like to recommend iConn to all, as they are so sincere and helpful. I am extremely satisfied with their service to me. they gave a warm welcome and homely atmosphere whenever i approach them for service.
iConn have been managing our property now for 2 years and they have always been extremely efficient, conscientious and very price competitive in regards with renting out our property. In addition to this it is all managed in a friendly manner, in fact we forget about our property as we know it is in safe hands!
I have been a client of iConn, and its predecessors, for a number of years and feel that they have provided me with a very satisfactory and professional service. whenever I phone my call is answered quickly and usually my enquiry is dealt with immediately. Otherwise calls have been returned. Rentals are processed in a timely manner and all maintenance needs have been dealt with to my satisfaction. In addition there have been very few occasions when my property has not been let. I have no hesitation whatsoever in commending the services of iConn.
iConn Property Management have looked after our property for many years now, carrying out full marketing and management on our behalf. We have always found them to be helpful, efficient and very professional and would gladly recommend them.
iConn have been managing for me since 2006. They have found tenants who have looked after the property well. The transitions between tenancies have always been managed seamlessly. On all matters requiring my attention or permission iConn have communicated promptly and clearly, and I have always been highly satisfied with contractors they have recommended. Overall their service is excellent value for money.
iConn Property Management staff have administered our Canterbury flat for ten years. Over that time we have developed great confidence in the efficiency and professionalism of the firm. iConn’s guidance and contacts were particularly helpful during the recent refurbishment of the property. Helpful, constructive and friendly it is always a pleasure to deal with their staff.
Iris leads a team that clearly strives to provide a quality service, both for periodic marketing, managing the selection of potential occupiers and the day-to-day supervision of the tenant. The take-home message is peace of mind; after all the rented property is our very precious asset – nothing but the best will do in our view!
I would like to comment that in all aspects of dealing with my properties, such as marketing and management, I describe your services very satisfactory.
I would just like to say that I have been extremely impressed with the way that iConn Ltd have managed our property in Canterbury.
I would recommend them as a property management service to anyone thinking of aquiring a student property for investment purposes.
Any issues that have arisen have been dealt with swiftly and efficiently. When I’ve asked for quotes for repairs etc, these have generally come back within a couple of days and the work is undertaken immediately.