The Letting Process

A gibsonhoney representative will visit your property at your convenience to advise you on the current market value and to fully explain the letting process.

Before our valuation appointment, we will be doing our homework by compiling comparable rental details for your consideration. We will advise you about any issues that may affect the rental value and of action you can take to maximise the achievable rent.

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First Impressions really do count and in our experience a warm, inviting home which is clean and uncluttered is most appealing. Our expert advisers will be able to advise you on how to present your property for let.

All rental properties with a new tenancy require an EPC. The energy efficiency and environmental impact of your property will be rated on a scale from A-G (A being the most efficient and G the least efficient). The EPC should be available for prospective tenants to inspect when looking at the property details, therefore this inspection will need to take place before the property goes on to the market.

Our marketing programme stretches far beyond the boundaries of local newspaper adverts and full colour details are immediately circulated to all prospective tenants that are registered on our extensive database, as well as corporate contacts and relocation companies.

These days’ tenants no longer need to “shop” for property on the High Street and research shows that the vast majority of tenants conduct their property search on line. We recognise the importance of using the internet to promote properties to let to tenants throughout the world.

We are absolutely committed to finding the right tenant for your property. Our experience tells us that the “Right Tenant” is the key to any successful let, and for this reason we employ the most stringent referencing procedure, carried out by independent experts.

Once an offer has been agreed, subject to contract, and subject to satisfactory references, we will apply for a full credit search, including references from current/previous employers and landlords (where applicable). This gives us a full understanding of the tenant’s personal and financial circumstances and their credit worthiness.

We will ensure that you are given accurate and up to date advice regarding the relevant safety requirements and regulations, which generally relate to the gas and electrical installations and the furnishing. We are able to arrange the necessary inspections and certificates on your behalf.

It may be necessary to obtain consent to let the property from a superior landlord or from your mortgage lender and we are able to apply for this consent on your behalf. You should also make your insurance company aware that the property is let and confirm that the policy still covers all the usual risks.

We will draw up the Tenancy Agreement, which is exceptionally comprehensive, covers most eventualities and will include any special requirements that you may have.

It is vital that there is a detailed record of the contents and condition of the property at the point that the tenant moves in to the property and we recommend that a professional inventory is prepared by an independent inventory company. They will then check this inventory at the end of the tenancy and report on any changes or damage to the property.

Before the tenant moves into the property, we will collect the moving in payment (the rent and security deposit).