Why Let Your Property Through Living Residential?
Finding the right tenant for your property is not always an easy task, especially if you have to focus on other important matters. Being a landlord can be extremely rewarding, but it can also take up a lot of your time and energy. But with the right professional support it’s a process that can be made much easier and less stressful, allowing you to enjoy far more of the upside.
Living Residential have developed a strong reputation in West Hampstead, NW2, NW3, NW4, NW11 and surrounding areas for the wide range of services we provide to local landlords. From essential services like finding the right tenant and marketing your property to rent collection and full-scale property management, our team is on hand to take care of all your needs.
We use our in-depth knowledge of the local market to your advantage, helping you get the most out of your next tenancy. Our goal is to maximise your yield and take care of your most valuable asset, providing a high-quality service that always puts your needs first.
What landlord services do Living Residential provide?
Marketing
Once we know your target audience, we can start to market your property using tried and tested methods. This includes organising professional photoshoots to highlight the best features of your property, supported with a detailed description, floor plan and EPC rating. We market on the most popular property portals in the UK, including the likes of Rightmove and Zoopla, as well as our own website. Your property will be promoted on social media and included in targeted email alerts to our active tenant database to generate new enquiries.
Arrange and Conduct Viewings
Our experienced team organise and manage all property viewings on your behalf, ensuring you always have a stream of high-quality prospective tenants. You never have to worry about dealing with the stress of taking time out to be present at your property for viewings as we take care of everything for you.
Communication
At Living Residential, we believe that strong communication is the cornerstone to any successful relationship, so you are never left in the dark about the status of your property or tenancy. We aim to deal with tenant enquiries as quickly as possible and will keep you up-to-date with the latest legal requirements for landlords, so you always know where you stand.
Tenant Qualification
We carry out all Right to Rent checks to verify that your prospective tenant has the required legal rights to live in the UK. All work and previous tenancy references are carried out in-house and we’ll also oversee the relevant credit checks before the tenancy is signed and confirmed. It gives you the security and peace of mind you need to know that you have chose the right tenant for your property.
Property Management
Our property management services can be scaled up to your preference, whether its handing over the keys for us to take care of everything or relying on our expertise in certain areas.
From managing rent and deposit collection to ensuring that required maintenance is carried out as and when needed, our property management service enables you to take a more hands off approach so you can focus on other matters that need to be attended to.
Our fully managed solutions tend to be the most popular, as our experienced property managers can identify maintenance issues before costly damage becomes an issue. We deal with all issues quickly and effectively, ensuring your portfolio always receives the right treatment.
Finance Management
We can advise on how much deposit can be asked for ahead of the tenancy while ensuring it is secured in a government-backed deposit scheme, before providing you and the tenant with all the required details.
As part of our service, we can also collect set rental charges on your behalf, providing receipts and keeping track of the rent status for the full duration of the tenancy. We send reminders and follow up with next steps, if required, in situations where rent arrears have started to occur and can provide advice if things need to be escalated.
What service packages do Living Residential provide?
Bronze
Charges - 9.5% including VAT
- Tenant sourcing
- Local market guidance
- Property preparation advice
- ‘To let’ board outside of property
- Extensive marketing and advertising
- Tenant viewing management
- Deposit collection and hold (£50 charge including VAT with TDS)
- Rental payment management
Silver
Charges - 11.5% including VAT
- Includes all services from the Bronze package
- Rent collection and disbursements
- Monthly statements by email
- Management of late rental payments
- Advising on HMRC deductions
- Management of renewal tenancies
Gold
Charges - 14% including VAT
- Includes all services from the Bronze and Silver packages
- Daily property management – including repairs using vetted and trusted contractors
- Start and end of tenancy meter readings
- Free deposit holding service
- Property visits at least twice a year
- End of tenancy management including deposit return
- Duplicate set of keys available during the tenancy term
- Management of insurance issues for leaks
- Property safety checks: gas safety records, electricity safety tests, smoke and carbon monoxide alarm
Platinum
Charges - 16% including VAT
- Includes all services from the Bronze, Silver and Gold Packages
- Management of a working fund for payments
- Property visits at least four times a year
- Emergency out of hours service 365 days a year
- Updates on all current letting regulations
- Postal collection
- Purchase guidance for future investments
Which package is best for me?
The right package for you will depend on your needs and how much time you are able to commit to your property.
For example, the Bronze package gives you a wide range of essential services that will help you quickly find the right tenant for your property and take on rent collection duties. The Silver package can alleviate more responsibilities including tenancy renewals, while The Gold bundle takes on health and safety concerns. The Platinum package provides emergency out of hours support and property guidance to help grow your portfolio, giving you all-round comprehensive support while always leaving you in control.
If you are unsure which package is more suitable, a member of our team can explain the features of each package in more detail to help you decide what to do next.
Get in touch with our lettings team
To find out more about our lettings service, get in touch with our team today to discuss your options. Whether you are a first-time landlord or have an established portfolio, we’ll help you get more out of your next tenancy.
