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Landlords Guide

A step-by-step guide to letting property.

Scroll to Learn more

Having an empty property can be stressful. Maximise the return on your investment by acting fast in finding a reliable tenant who will pay the best price.

Follow our step-by-step process to... Laudem essent accomodare cu pro. Mel ut nemore gloriatur referrentur, his ne patrioque intellegam. Has ea constituam delicatissimi, ne cum vero mediocrem contentiones. Sanctus vulputate eum at, eu percipit delicatissimi his eu laoreet propriae, id mei unum lucilius tacimates.

Request Valuation
  • 01
    Accurate Valuation
  • 02
    Selecting an Estate Agent
  • 03
    Is A Short Let Right For You?
  • 04
    Benefits of Corporate Services
  • 05
    Consider A Managed Property
  • 06
    Presenting Your Property
  • 07
    Preparing Your Property
  • 08
    Marketing Your Property
  • 09
    Accompanied Viewings
  • 10
    The Key To Successful Viewings
  • 11
    Offer Agreed
  • 12
    Completion

Step 1

Accurate Valuation

Your aim should be to let your property at the best possible price in the shortest possible time. Out expert valuers carry out thousand of valuations every month giving us intimate and unparalleled knowledge of property values in your area.

This is why we consistently achieve the asking price across all our clients' properties.

Step 2

Selecting an Estate Agent

When choosing a letting agent consider their opening hours, when they will be available to conduct viewings, their high street presence and what kind of marketing your property will receive. These are critical to obtaining the maximum rental value for your property.

You should also check if your agent will organise your goverment-required Energy Performance Certificate (ECP) on your behalf or if you need to arrange this yourself? You are responsible for making this document available to prospective and future tenants.

Step 3

Is A Short Let Right For You?

Letting your property as a short let (for a period of up to six months) can be an ideal solution as you will benefit from the following: high returns on your property, rent paid in advance, flexibility of commitment, minimum void periods, Property Management and often high quality corporate tenants.

Step 4

Benefits of Corporate Services

Foxtons Corporate Services assists hundreds of companies who are looking to find properties for their employees.

Letting your property through this specialist department has the benefit of a wide variety of applicants from reputable companies, willing to pay a premium for high levels of services and peace of mind.

Step 5

Consider A Managed Property

Property Management can be the key to reaping maximum rental returns on your property. Many tenants insist on renting managed properties and are often prepared to pay a premium for this.

Instructing Foxtons to manage your property gives you peace of mind that both your property and tenant will be careed for 24/7. Your dedicated Property Manager will look after the general day-to-day management and more complex issues such as emergency repairs, collection of rent, transfer of utilities and much more.

Step 6

Presenting Your Property

First impressions count, making the presentation of your property critical to a successful let.

Consider addressing any DIY jobs you have been meaning to get done, add a fresh coat of paint where necessary and try to declutter to make rooms appear larger.

Foxtons' team of dedicated professional 'Photographers' will then take photographs, create 360° tours, produce floorplans and write comprehensive property descriptions, all in just one visit.

Step 7

Preparing Your Property For Tenancy

Before you let your property for the first time you must obtain a professional and comprehensive inventory. This will set out the condition and contents of the property. Foxtons will cary out a professional inventory on your behalf.

Long term tenancies (6 months or more)
You are responsible for checking that the tenants have set up accounts with utility companies, telephone supplier, council tax and TV licensing.

Short term tenancies (up to 6 months)
You will retain responsability for the utility accounts, council tax and TV licence, as these costs are included in the rent. The tenant will be responsible for any telecommunication services.

Step 8

Marketing Your Property

To find your perfect tenant you need to give your property maximum exposure across a wide range of media.

When you instruct Foxtons to let your property you will automatically
benefit from our unrivalled, comprehensive marketing package, including: exposure on our award winning website, full colour property details, inclusion in our monthly Area magazines and key property titles, email and SMS alerts and PR.

Step 9

Accompanied Viewings

Our longer opening hours are essential to maximise viewing opportunities for your property - in fact 38% of our viewings are carried out after work and at weekends. Accompanied viewings also mean we can use our expertise to help let your property.

Our offices are open 9am-8pm Monday to Friday and 9am-5pm Saturdays, Sundays and Bank Holidays. In addition, out phone lines are open 8am-8pm, 7 days a week.

Step 10

The Key To Successful Viewings

As soon as an offer is received we will contact you to communicate full details of an offer along with any special conditions to help you decide wheter or not to accept.

Step 11

Offer Agreed

Once you accept an offer we will do the following, regardless of wheter your property is managed:

  • Collect references from the tenants
  • Arrange signing of Tenancy Agreement
  • Collect moving-in payment (rent+deposit)

We can also, subject to a fee, get your property ready for move-in and:

  • Carry out chack-in and inventory
  • Organise Gas Safety Inspection and Portable Appliance test
  • Arrange professional cleaning of your property

For your added peace of mind, where applicable we will hold the deposit as a stakeholder and register this with a deposit protection scheme, resulting in a faster and more efficient deposit release process at the end of the tenancy.

Step 12

Completion

Upon completion, keys will be release to the inventory clerk or the tenant on moving-in day.

For managed properties, we will provide the tenant with contact details of their dedicated Property Manager.

Congratulations, your property is now let!

Make An Inquiry

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  • Contact Us
  • Almirante 9. Dcha
  • 28004 Madrid-Spain
  • +34 915 23 74 51
  • [email protected]

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