Tuesday, 18 August 2015
Tuesday, 4 August 2015
Smoke and Carbon Monoxide Alarms
In order to encourage Landlords to comply with legislation effective 1st October 2015, the Government has issued the Fire & Rescue Service with smoke and carbon monoxide alarms to distribute to Private Landlords FREE OF CHARGE! Who says you don't get something for nothing
Surrey Fire & Rescue have advised that there are supplies of aforementioned alarms at the Leatherhead, Walton and Farnham Fire Stations.
For more information on the new legislation and the free gift from the Government check out this link:
Monday, 3 August 2015
Perren Property Question Time
Should I reference every tenant on my tenancy
agreement?
Yes without a doubt. There's no absolute guarantee, but having an effective referencing process- which includes having
your tenants complete a comprehensive tenancy application form and
doing thorough credit & reference checks, considerably reduces your risk of
taking on a problem tenant. Remember though, you also need to verify identiy before you do the checks.
Perren Property have fantastic referencing companies we can recommend and help you safeguard your tenancy.
Friday, 31 July 2015
Perren Property Peek of the Week
Epsom, Oyster, Property
Residents of Epsom will have something to celebrate in
September, with the arrival of the Oyster card. Presently, commuters who live
in Epsom are just outside the Oyster network and their weekly travel costs
£62.10
Neighboring Ewell, a mile and a half up the road, is
within the network. Commuters making five daily trips to work pay £51per week
at peak times. Making a bit of a saving.
So will Epsom’s entry into the oyster network have
positive impact on property prices? I
think so, you wont see a huge rise immediately but certainly in a few years to
come. If you are looking for a good buy to let investment maybe Epsom could be
somewhere to look.
On that note trolling through rightmove this morning I
have spotted a something that may just kick start your search… Epsom £279k 4.9%
Should you wish to discuss any specific properties or just a general chat re the current market, please contact me on 01306 880 442
Monday, 27 July 2015
Why Landlords
should ALWAYS have a Professional Inventory Done
A home is usually someone’s most valuable asset, and that
goes for rental properties too. However
landlords can still be reluctant to have a professional inventory done.
At Perren Property we advise that every let property has a
professional inventory at the start of the tenancy, as well as at the end.
A professional inventory at the start is
essential and protects both the tenant and the landlord where damage and
responsibility is concerned. An inventory is a condition report of the fabric
of the property as well as its contents all noted before a tenant moves
in.
But my property has nothing in it, I
hear you say! This is where you are wrong.
A report is carried out from the state
of the roof, walls and floor coverings to furniture and any white goods
supplied is documented.
Having an independent third party
undertake the checks make sure there is no bias towards the tenant, the
landlord and us as agents. The use of a professional and impartial company is
vital should there be a problem at the end of the tenancy and when returning
the security deposit. Everything will be
accurately documented and verified leaving less stress at the end of the
tenancy when problems occur.
Perren
Property have good, trusty inventory companies we can recommend should you wish
to discuss your inventory needs further. Call today and we can advise you 01306
880 442
Friday, 24 July 2015
PERREN’S
PEEK of THE PROPERTY WEEK
Perren Property- Peek of the Week...This week I am re-posting last weeks property, it is still available and like I said in my blog it didn't catch my eye at first and I really think this is a good property for a first time landlord.
Perren Property- Peek of the Week...This week I am re-posting last weeks property, it is still available and like I said in my blog it didn't catch my eye at first and I really think this is a good property for a first time landlord.
Buy to Let – A property for first time landlords
Looking through Rightmove this morning
and I have just noticed another interesting property. It didn’t catch my eye at
first, not really sure why. But after a few calculations it appears to add up.
The property is a 3 bedroom apartment in
the centre of Dorking. It is on the market at £280,000 and as ever apartments
are always in constant demand, especially within the Dorking rental market.
Lets have a look at the numbers. If the
property was let for £1150pcm, this would deliver 4.9% yield. The property looks
like it is in good condition, which will make it very attractive to quality
tenants and you could market it straight away leaving very little void.
With the service charges not as high as
other apartments in the area, this property looks like it could be a good
little investment for a new, first time landlord.
http://www.rightmove.co.uk/property-for-sale/property-34922133.html
Should you wish to discuss any specific properties or just a general chat re the current market, please contact me on 01306 880 442
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