For Landlords
Redstones Newcastle - Guide to Letting

The Letting process - Information for Landlords

Acting fast to find a reliable tenant is crucial. No landlord wants an empty property.  Redstones Newcastle letting agents makes the process as straightforward as possible to help you achieve this.  Here's our guide to lettings:

1. Accurate valuation

This first step in the process is one of the most important.  We work with you to ensure your property is valued correctly.  An inaccurate valuation could result in you not receiving as much rent as you should, or worse, not receiving any if the property is empty.  We use our knowledge and experience to accurately present the rental value of your property.

2. Selecting an agent

There are some important factors to consider when selecting your agent, such as when are they available for viewings and how will your property be advertised?  At Redstones we offer evening and weekend viewings, as well as extensive and professional property marketing.  This includes professional photographs, detailed property descriptions and floor plans as well as extensive advertising on all major property portals and social media.

3. Safety Regulations

As a landlord you have many obligations and regulations you must comply with, including gas safety regulations, electrical installations and fixtures and furnishings supplied for the tenancy.

Our professional team at Redstones are here to advise and help you to comply with your obligations, and help you to arrange the necessary inspections

4. Referencing your tenant

It is important that you have reliable tenants living in your property.  We have a strict referencing policy, and use a dedicated tenant referencing company to ensure that you can be confident that we have found you the right tenants.  Once your prospective tenant has been successfully referenced, we can move to the next stage of the process.

5. Property management

As a greater number of people now rent property, many tenants prefer to rent managed properties.  With Redstones instructed to manage your property, you are guaranteed around the clock, professional care and attention for your property and your tenant.

Redstones will take care of everything for you, from collecting the rent and handling administration to assistance with more complicated issues such as maintenance and repairs.

6. Tenancy agreement

It is essential to have a professional agreement in place to achieve a smooth running tenancy. Redstones will draw up all the relevant paperwork and ensure that all the necessary documents are signed by both parties.

7. Inventory

A detailed inventory is extremely important in order for you to accurately assess the condition of your property and avoid disputes.  As standard we provide you with a detailed digital inventory, including photographs, showing the contents and condition of your property prior to the commencement of the tenancy.  Both you and your tenants will be provided with a copy of this.

8. Rent and deposit

Redstones will collect the advance payment of rent at the start of the tenancy and the security deposit.  As legislation stipulates, Redstones, where relevant, will place the deposit within a deposit protection scheme (DPS) and manage the process of dealing with this and returning it minus any deductions.

9. Check in

We will ensure that the tenancy agreements have been signed and will also write to the utility suppliers and council tax office, transferring these into the name of your new tenant.

All that is left to do is hand over the keys and congratulate you; your property is now let!

Areas Served
Gosforth, Jesmond, Kingston Park, Heaton, Longbenton, Wideopen, Hazelrigg, Newcastle City Centre, Quayside, Great Park, Brunton Park, Melton Park, Chapel House, Tynemouth, Cullercoats.
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