Buy to Let Market
Purchasing a buy to let is a tried and tested concept, especially in the UK. It is a popular way of making money whilst holding a tangible asset. Whether a new landlord with one property or a veteran in the buy to let field with a large portfolio, Keystones Property has the experience to make sure you get the service. You are in very safe hands!
Landlords Mindset
Take the emotion away as being a landlord is a business transaction. As a landlord you want to rent your property in the shortest possible time for the best price, at Keystones we advise you on the best possible way to ‘avoid empty periods’ and help you achieve a regular income. Tell us how you want the service to be and we will find the right fit. If you don’t want to deal with the hassle of management then let us help you by alleviating the stress and managing your asset!
Property Rentals are a focal point of our business and here at Keystones we manage property all over, therefore we understand how complex it can be. Each landlord and each property is different; therefore we need to be versatile and experienced to deal with every case accordingly. We can tailor a bespoke service to suit you, speak to us! If you want no hassle but want to check your bank balance every month then fine, if you want to be called at every point of the process then that’s fine as well.
As The Experts
- Smart marketing – we target the right audience!
- We do ALL the viewings (that’s our job by the way)
- Co-ordinating feedbacks and negotiating offers
- We are estate agents that will actually negotiate properly! Too many do not!
Let Keystones Property take care of the rest
- Full comprehensive tenant checks
- Tenant Risk Assessment
- Prepare the tenancy agreement
- Inventory
- Meter Readings
- Sorting the utility companies
- Check in/Check out (meet the tenant)
- Quarterly Inspections (with a written and photographed reports)
Energy Performance Certificate
By law it is required to have an EPC for every property in the UK whilst renting or selling, they last for 10 years unless any specified work that can affect it is carried out. As a landlords obligation you must supply the EPC free of charge to any prospective tenants and as an agent marketing the property we are breaking the law if we market your property without an EPC. We can be fined. Speak to us and we can recommend an expert.
Gas Safety Regulations
The Gas Safety regulations of 1994 were made under the Health & Safety Act of 1974. Details are available from a Health & Safety executive. The act covers a landlord’s obligation to unsafe gas appliances, maintenance of gas appliances, and escape of gas as well as criminal liability. Please ensure that you obtain a passed Gas Safety certificate annually from a Gas Safe expert. Keystones Property can recommend so please enquire.
Rent Protection & Legal Expense Cover
The last thing you want is your tenant not paying your rent or damaging your property so here at Keystones we can organise this for you, if you want to do this yourself or want to know more about the legalities then speak to a member of the team so we can clearly explain.
IMPORTANT: Make sure that you have Landlords building and content insurance as many insurers do not cover you if you do not!
*Please note that many insurers change their terms and conditions frequently and Keystones Property can only advise and not be held responsible for a claim gone wrong.
Leave the boring stuff to us as we can advise on the following:
- Furniture & Furnishings Regulation
- Stamp Duty Land Tax
- Electrical Regulations
- HMO
- Landlord Licensing
- Landlord Insurance
We go the Extra Mile for our Landlords
At Keystones We Collect:
- 3 months bank statements (all banks) so we can monitor income vs expenditure
- 3 months wage slips
- Previous landlords reference
- ID and Residence Visa’s so that we can conduct the Right to Rent Checks
How do we qualify a tenant?
This is a process that we have nailed down.
1. The Telephone Call
- Why are you moving?
- When do you need to move by?
- How many people living in the property?
- Are you employed or Self Employed?
- What is your salary?
- Can you prove your salary
2. The Viewing
- Did they arrive on time?
- Did they apologise for being late? Or call before?
- How are they dressed?
- How do they speak and are they polite?
- Are they organised?
We then take it a step further and reaffirm everything that they have told us over the phone in person – face to face. We are trained to sniff out the liars!
The 4-Point Check:
- ID from the tenant – containing photographic evidence
- Utility Bill or Bank Statement (Proof of Address)
- We check – CCJ’s, bankruptcies, defaults and bad credit in general
- Employment References – A reference on the companies headed paper confirming the duration of employment, salary which has to be 30 times the monthly rent.
FAQs
Are you looking to rent your property? You must have a few questions! We are here to make the process smooth, slick and simple!
When do I give the deposit back?
We have up to 10 days to notify a tenant legally about what is happening with their deposit. We usually discuss the check out inspection vs the inventory against the fair, wear and tear on the property with you as the landlord before we decide what is fair. We aim to come to a solution ASAP so that the deposit agreed amount is returned first via the DPS (Deposit Protection Scheme) prior agreeing any charges to be settled with the tenant. We always go through the DPS and have issues in writing so that it protects you as the landlord.
