It’s important to establish the right rental rate based on the current market rent to ensure you attract plenty of suitable tenants. The first step is to book a free rental valuation with Woodward Estate Agents. We’ve got in-depth insight into the local rental market, and will provide you with a recommended valuation, based on our expertise and knowledge.

A letting agent (or property manager) takes the stress out of the entire process. We’ve got a range of lettings services to help you – from our Let Only package, to our comprehensive Full Property Management service.

We’ve also got a large internal tenant database, which means we’re ideally positioned to help you find the perfect tenant for your property.

Given the vast amount of law that govern tenancies and ever changing regulation a letting agent or property management company can assist you in staying ontop of this.

An inventory is a list of the contents of your property, and the condition of the contents and the house itself including description and images. It’s an invaluable document, as it can be used as evidence if there’s a dispute at the end of the tenancy over the property’s condition etc.

An inventory is a crucial part of the letting process as is the only way to establish the condition of the property as at tenant handover at the start of a tenancy.

HMO (house of multiple occupancy) properties require a licence, which can be obtained from the local council. We are able to assist you with your HMO licence application.

Woodward Estate Agents specialise in HMO lettings and property management and can assist you with your HMO property investment needs.

As of 1st October 2018 the law states that landlords who own a property with at least three occupants from at least two different households using the same bathroom, toilet or kitchen, must have a licence to avoid being in breach of the law.

As a landlord, you have certain responsibilities towards your tenants. For example, it’s your job to ensure that the property is fit for purpose, and safe to live in. You’ll need to arrange regular gas and electricity checks, and ensure that the furniture meets the required safety standards. If you’re providing televisions, you’ll need to cover the costs of the TV licence, unless it’s specifically declared otherwise in the tenancy agreement.

If the tenant damages your property, it’s reasonable to ask them to pay for the costs of fixing it. Alternatively, the costs can be deducted from their deposit at the end of the tenancy. It’s important to note that fair wear and tear should not be regarded as damage.

Usually, the terms of the tenancy agreement with the tenant lays out the notice period you can give to the tenant, annd notice for the tenant to vacate is provided via a ‘notice to quit’ by the landlord.