Payne & Co. Estate Agents

Letting your home .

A guide to letting

Payne & Co. is well-versed in residential letting and will make sure that your property complies with all the relevant and ever-changing legislation.

Once you are ready to let, we will visit your property to prepare full particulars, including professional photographs and floorplan and to advise you on a comprehensive marketing programme.

We will arrange and conduct viewings for potential tenants and once we have found a tenant, we can take up references and complete a credit check. Such checks help determine whether the perspective tenants have the ability to pay the rent and whether they would make good tenants, as far as we can reasonably determine.

It is advisable to let your property on an Assured Shorthold Tenancy Agreement, which we can usually prepare on your behalf along with the necessary statutory notices required under the Housing Act 1988 (as amended by the Housing Act 1996). This only applies to property with an annual rental income under £100,000. If the rental income exceeds this figure, we will discuss the appropriate lease with you.

Prior to the letting we can arrange for a professional inventory report, which is essentially a schedule of the property’s condition, to be carried out on your property. We always recommend this, whether the property is let furnished or unfurnished. Our inventory reports are conducted by a member accredited to the Association of Independent Inventory Clerks (A.I.I.C.).

One of the main considerations when letting your property is whether you wish to manage the property yourself or whether you would prefer to let us manage it on your behalf. Your decision is likely to be influenced by several factors including where you live in relation to the property, how much time you have available, and whether you would wish to have any contact with your own tenant. The various letting packages we can offer landlords have varying fees depending on how involved you wish us to be. Please do speak with us so that we can tailor a package that suits your requirements.

Whilst there are many potential pitfalls to be negotiated when letting a property, our friendly, professional, experienced staff can guide you through them.

If you would like to discuss letting your property, please contact us or drop into our Oxted office.

We look forward to meeting you.