At Mi Homes we have be assisting landlords find great tenants and helping them to manage their properties for over 10 years.

We have compiled some ‘top tips’ for Landlords to bear in mind when letting their property.

Documentation

Ensure you have all of the required certificates in place, e.g. gas certificate, electrical certificate, lender approval and EPC.

Think ‘home’ not ‘property’

First impressions count. The more quickly a potential tenant can visualise themselves living in your property, the quicker they will put an offer in.

Make sure the property is clear, clean and tidy both internally and externally. First impressions go a long way!

Be flexible. Consider allowing tenants to put their own touches on the property to make it feel more like home. You can agree it is on the basis that they make the areas good when they do leave.

Maximise Storage

If you have any extra storage space at the property like a loft or a garage, then consider letting the tenant use that. It will be more appealing when marketing a property if there is space to store things.

Work with your agent!

Consider letting your agent have access to the property by giving them keys for viewings and property management. This takes the pressure off you as a landlord and allows agents to do viewings and at a convenient time to the tenant.

Maintenance

Prepare to budget for general house maintenance. By updating the paintwork and flooring, it makes the property seems fresh and more attractive to prospective tenants.

We suggest you budget to repaint the property every 6-7 years in between tenancies. This ensures you keep your investment up-to-date and helps to maintain the value.

Think long-term

The majority of tenants, especially those with families want to rent for longer as they want stability. Long term tenants will tend to not only care for the day to day upkeep of the property but it will also guarantee you a regular rental income for longer.

If you want to discuss any of these tips in further detail or are looking for some free independent property advice, then get in touch today on 020 7323 9574.

Reviews

Had a great viewing with Daniel from MiHome, he was personable, reliable, professional and friendly.
It’s so hard to find an agent in London who genuinely cares! Cherida was so lovely and personable, always quick to respond and an absolute pleasure to deal with. Couldn’t recommend her and MiHomes enough!
I recently had the pleasure of renting a property through MiHomes Estate Agents, and I couldn't be happier with the experience, largely thanks to Elia Anbari. From the very first viewing, Elia was..."
I was looking for an apartment and I found this agency. They contacted me in a very short time, also immediately, talked to me and booked a viewing the same day. And my agent, Elia, was very..."
I would like to say a big thank you to Elia for all her help and support throughout the process of securing my new home. Elia has been absolutely wonderful, professional, patient, and supportive from..."
We recently sold our ground floor maisonette through Mi Homes after spending eight weeks with another local agent and receiving very little interest or viewings. We were initially hesitant to switch,..."
My boyfriend and I had a positive experience with MiHomes while searching for our flat. Elia was incredibly helpful throughout the process and was always patient with me despite the many questions I..."
Mi homes have been incredible in getting us sorted in a wonderful property. Elia, the estate agent who showed us the apartment and was the first point of contact during our onboarding was very prompt..."
Seriously what a professional agency! Enquired 24 hours and Daniel arranged my viewing the next day. Very professional and knowledgeable about property and area. What you need really when considering..."
⭐⭐⭐⭐⭐ I had a wonderful experience dealing with Elia while renting my property. From the very beginning, she was professional, friendly, helpful, and always kept me well informed throughout..."
Read More...

Want to find out more about our lettings services?

Let's Get Started