SpotaProperty.com

LETTINGS

London’s residential lettings market: Demand is high

London’s residential lettings market has seen substantial growth over the past few months as the demand for rental property steadily increases. As such, there is a significant “lack of stock” in the market which has lead to a rise in rental values and has in turn encouraged tenants to extend their current contracts. This, combined with the continuing rise in property prices, has resulted in landlords benefiting from higher rental incomes whilst maintaining strong capital growth on their investment.

Key Letting Services

Rent Appraisal

Our provision of independent appraisal services takes a frank and honest approach towards making your property a more attractive rental proposition, via direct and value maximising feedback.

Reference Acquisition

Before we entrust our landlords properties with a tenant, we ensure their integrity and reliability through our stringent reference checking process.

Tenancy Agreement

We will prepare an easy to read legal agreement which complies with current legislation and sets out the rights and obligations of both parties, including any special terms that have been agreed. Unless you instruct us otherwise our standard form will be used.

Deposit Holding

We will collect and hold for the duration of the tenancy, six weeks rent as security deposit on your behalf. SpotaProperty.com will register the details of the deposit and the two parties listed on the Tenancy Agreement with a government approved Tenancy Deposit Protection Scheme. At the end of the tenancy we will arrange for the deposit to be returned to the tenant subject to any deductions for the cost of works attributed to the tenant based on the discrepancies highlighted in the inventory reports

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