Landlord guide
Millers Letting Agents
We have established ourselves as one of the leading estate agencies in Epping and the surrounding areas. Our offices are situated at strategic locations to provide us with a sound base from which to serve the community. As well as sales and financial services we specialise in lettings & management. Our services are designed to put the landlord first and to ensure the successful management of your property.
Tenants
Finding the right tenant for a property is fundamental. We start by establishing with yourself criteria for the sort of person(s) you wish to occupy your property. We then match these details to applicants that we have registered looking for accommodation and call to book an appointment to view. We also advertise on the following websites www.rightmove.co.uk www.findaproperty.co.uk www.propertyfinder.co.uk www.primelocation.co.uk www.homesonview.co.uk & www.millersepping.co.uk along with the local West Essex property Mart.
References
Once we have found a suitable tenant(s) the successful applicant will be required to complete an application form. We use various professional credit checking agencies to carry out our reference checks. If a tenant’s references are declined then the tenancy will not proceed.
Rent guarantee & legal expenses
As an added benefit in using our MANAGED SERVICES we can take out a policy which guarantees your rent and any legal expenses which may arise in the unlikely event that the tenant fails to pay their rent and we are forced to seek legal possession. Unfortunately agents are UNABLE to offer this service to NON MANAGED tenancies. For further detail please contact our office.
Deposits
We expect a damage deposit from ALL our tenants, which is equal to 5 weeks rent. This is the maximum allowed by law. Deposits are held to help ensure the tenant looks after the property and safeguard against unpaid rent. It is legislation that deposits are held by a third party; Millers use the Deposit Protection Scheme The DPS. It is refundable at the end of a tenancy only after the tenant has vacated the property, providing the house and their account are in order. When the tenant vacates the property, you will have an opportunity to inspect the property yourself prior to the deposit refund. Should you wish to so do, you must make arrangements to view the property within 48 hours of the keys being returned. In our managed service this is taken care of for you.
Inventory
Tenancies
End of tenancy
Inspections
Repairs
Every property at some point will need some maintenance work being carried out. If things go wrong and the tenant contacts us with a problem we arrange to visit the accommodation isolate the issue. We will then contact you not just with the problem, but with a cost effective solution. In the majority of cases the problem can be resolved quickly. However there are two important points to remember when it comes to repairs. Firstly, if a serious fault does occur (water burst/ flood) and we cannot contact you; we will authorize a repair up to a cost equivalent of one months agreed rent. Authorization for this is contained within the sole agency agreement you signed. Secondly, once a property is tenanted you do have an obligation to ensure it is well maintained. Carrying out repairs quickly is often as important for you as it is for the tenant. After-all repairs caught early enough can save you a lot of money. Remember tenants do have rights. Tenants can contact the Environmental Health because repairs are not being attended to quickly and the ensuing ‘enforcement order’ could include extra repairs and a significantly higher final bill. Work not done will be carried out by them and they will add a hefty additional charge on top of the repair bill.
Gas appliances
It is a legal requirement that every gas appliance and gas central heating system has to be inspected on an annual basis. They have to meet strict conditions and a safety report must be issued. (This report or copy of it must be kept with our files). You can use British Gas (who charge per item inspected) or a private gas engineer (some of whom have a flat rate, regardless of the number of appliances). Remember for an inspection to be complete, the piping must also be inspected and the person conducting the inspection MUST be GAS SAFE registered. We can arrange for the safety inspection to be carried out for you by one of our local gas engineers. Once the inspection has been completed, we keep a record of the date. A safety report must be issued every twelve months.
Alarms
Furnishings
Mortgages
Insurance
As a landlord you are still responsible for the building and accordingly the buildings insurance. Please note buildings insurance will not cover the costs of replacing or repairing carpets if they become damaged but it does however cover fixtures and fittings. If the property is furnished or part-furnished you may also wish to consider contents insurance.