• Crescent Grove SW4

    £3,350,000

    5 6
  • Wisley Road SW11

    £1,375 pw (£5,958 pcm)

    3 6
  • Malwood Road SW12

    £1,900,000

    3 6
  • Lombard Wharf SW11

    £875 pw (£3,792 pcm)

    2 2
  • Gaskarth Road SW12

    £1,450,000

    3 5
  • Ramsden Road SW12

    £925 pw (£4,008 pcm)

    2 4
  • Ravenswood Road SW12

    £1,399,500

    2 5
  • Lombard Wharf SW11

    £675 pw (£2,925 pcm)

    2 2
  • IS THE OPPORTUNITY TO BUY RIGHT NOW?

    "Softer house prices will have a restorative effect on
    the London property market long term"

    Lucy Pendleton in City AM

Landlord checklist

If you're investing in property and are thinking of becoming a landlord, there are a number of pieces of advice it's useful to follow. Christopher Crampsie, Head of Property Management at London estate agents James Pendleton, describes the process of investing in and managing tenanted properties.

If you're becoming a landlord, especially the first time, there are a few key things to be aware of in relation to the agency you choose. There are also some steps in the letting process it's useful to prepare for.

Initially, it helps to take a thorough approach to researching both potential properties and the agency. Speak to your lettings agent about what you're looking for; a good agency will be responsive, thorough and organised, responding promptly to your questions along with being able to advise you on yields and market trends.


It's also a good idea to look at how your agency has marketed previous properties to rent. Consider the following;

  • Are the property brochures well put together?
  • Do they convey the important information about the property?
  • Where and how does your agency display properties to rent?
At James Pendleton we promote brochures in highly visual displays as well as having printed copies available in each office. You (and your potential tenants) can see your property in any of our ten offices, not just the one you most often speak to. This is because of our multi-office marketing approach, central to which is a well-connected team of consultants who communicate regularly with each other.

Exploring your agency's online presence is telling. At James Pendleton we have developed our website to make the search process as smooth as possible. We share properties daily on Social Media and have a strong presence on Zoopla, Primelocation and Rightmove. The more platforms your agent is active on, the more potential tenants will see your property.

Of course, a high level of interest in your property is ideal, but how that interest is managed by your lettings consultant is another matter. A good agent will ask you pertinent questions, provide guidance and advice readily, and offer statistics and other information on engagement with your property and on the local area.


You should receive regular updates; your agent should be well informed and should ensure you meet the legal requirements expected of landlords - deposit protection and the completion of EPCs and gas certificates fall under this remit. Your agent should also provide you with a full legally valid contract on request. They should be prepared to advise you on the issues unique and specific to your investment.

  • Has your agency advised you on separate insurance schemes for yourself and your tenants?
  • Have they helped you to prepare a rental guarantee?
  • Has the tenancy agreement been backed up with solid references and relevant paperwork?

If not, it may be worth looking elsewhere.

Finally, does your agent have the enthusiasm and commitment to deliver what they promise? If they don't then choose and award winning London estate agency such as James Pendleton.                                       

For more information or to rent your property through us contact info@jphomes.co.uk or to contact your nearest office click here.

For our fees, please see below:

LANDLORD FEES 
Rent Collection Fees & Let Only: 14.4% inclusive of VAT 

  • Provide a Rental Valuation and agree the rent 
  • Advertise and market the property 
  • Carry out accompanied viewings and finding tenants 
  • Process referencing 
  • Agree terms of the Tenancy 
  • Collect rent in accordance with the tenancy agreement. 

Management Fees: 20.4% inclusive of VAT 
  • In addition to the above service: 
  • Arrange the Inventory and Check-in at your request

  • Notify utility providers of meter readings and new occupants
  • Hold a set of keys
  • Co-ordinate any necessary repairs or maintenance 

Tenancy Agreement Fees: £180.00 inclusive of VAT 
  • Contract negotiation (amending and agreeing terms)
  • Arranging the tenancy agreement 

Share:
Help to Buy
Lucy Pendleton to give some insight into the recent December 2016 House Price Index.
James Pendleton is an amazing company. They have been a big part of me winning a bronze medal in Rio 2016 and have been so supportive with all my achievements, which wouldn't have been possible without them. They have given me so many opportunities, I am privileged to be associated with such fantastic people who give so much back to the local community.

Aaron
Having recently rented my property through James Pendelton, I can't recommend them highly enough. They walked me through the process and found me amazing tenants. From the first contact they were professional and informative. Thank you to Jacob, you were amazing. Thank you also to the Angel Department who, after realising I needed safely certificates, sorted everything out for me and made sure I had everything in order.

Giles
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