LETTING YOUR PROPERTY

Renting property is now a way of life for many people. This is making many look at renting as a serious alternative to owning - it is more flexible particularly for anyone who needs to move with their job. To own or to rent is a major question when thinking of where to live. Owning a property was a choice of the majority but this is not the case today. The seesaw of rising house prices has significantly increased the popularity of renting. Many companies are now using home letting as a means of moving their management and work force around the country, yet another market benefiting from the change in attitudes.

The easing of legislation governing the letting of residential property has been another factor in the growth of the property market. This is attracting people with properties that could be let, as well as people who buy property as an investment. The increase in the home letting market has created a need for specialist companies who understand residential letting, legislation, rent levels, in fact everything that makes it work well for the Landlord and the Tenant – Midland Letting & Sales Ltd is such a Company.

After 10- years of specialising in the field we can boast many successful rentals and are proud to state that we have placed the landlord’s personal and financial requirements first. Our Consultants and Property Managers have undertaken a rigorous training program enabling them to be kept abreast with the latest developments and legal requirements, ensuring that you benefit from the best of their experience and knowledge.

We are not simply an agent. Over the years we have developed trusted relationships with organisations that we work side by side with. Electricians, Plumbers, Gas Engineers can often be hard to find and can also be quite costly. We have the understanding that should you ever require the services of one of our approved contractors then rest assured both your property and you will be dealt with professionally and at a reasonable cost.

Letting your property can certainly release that much needed cash, whether you are letting your house for the first time or not, there are always questions at the back of your mind, such as:

"What if they don’t pay"? "What if I’m ill and I can’t collect"?

"What if they damage my property"? "How do I deal with sitting tenants"?

"What if they become unemployed"? "How do I deal with squatters"?

These are some of the questions we all ask from time to time. Their solutions are always costly and time consuming, and often they result in disappointment and unsatisfactory compromises. The following is a general guide:

Q, How long should I let my property for?

A, Generally, the shortest time is for 6 months. However you can recommend an initial 12-month term

Q, Do I need to have insurance for the property?

A, You will certainly need to have a Building Insurance policy, but be sure that the policy covers the tenants. The tenant will normally take out contents Insurance.

Q, How quickly will my property be let?

A, We have a large data base of vetted clients, currently looking for suitable properties to become available. When a tenant is found we aim to have the property occupied within a SEVEN day period. We advertise in places such as the "Birmingham Evening Mail", "Yellow Pages", "Talking Pages", "Several Leading Internet Providers", "Teletext", "Local Magazines" and so on. We have also built up a corporate bank of clients whom let from us on a regular basis. This will allow us to generate an interest straight away.

Q, What type of tenants will they be?

A, We have an open mind as to whom we deal with. Any tenant that qualifies for a tenancy, will only do so, following a rigorous vetting procedure. Only with your approval will the tenant move in.

Q, How much rent will my property be worth?

A, As valuations are FREE, it enables us to monitor market trends. We will endeavour to obtain the best rental value. GUARANTEED

Q, What's next?

A, You need to contact your local office. Remember we operate a "NO LET- NO FEE" policy that allows us to immediately market your property. Midland Letting & Sales Ltd prides itself on being "user friendly", thus we are open late every night, and also open on Saturdays in order to accommodate viewings with suitable working tenant

Registered in England 5264912