Becoming a landlord or property investor is a big decision for any individual. You may want to rent your home out for a number of reasons, moving abroad, living with a partner or you may want to invest in a property rather than a pension to obtain a monthly income to enjoy in your later years.

Whatever the reason in bringing your property to the rental market, Spencer Birch can help you prepare and market your property to the best target market to maximise your investment and income.

With a property portfolio of over 500 managed properties we are in a good
position to answer all your enquires regarding the rental market in
Nottinghamshire.

Collectively our property management staff have over 40 years experience in dealing with landlords and tenants: offering professional advice and a
quality service.

Services include:

• Regular collection of rents and monthly statements.
• Monthly cheque payments.
• Regular inspections of the property to ensure that the tenants are complying with the terms of the tenancy agreement.
• Investigation of all complaints.
• A fully staffed repair and maintenance department who will arrange for repairs to be carried out by competent tradesmen as and when necessary to keep your property in a well maintained condition.
• Inspection of the property and checking of inventory when property is vacated.

MOST FREQUENTLY ASKED QUESTIONS:-

How much rent will my property produce?

This is the most frequently asked question and we base our answer on the following factors :-

• Property location
• Overall size of the accommodation
• Presentation and décor of the accommodation
• Extras such as double glazing, heating system, quality of kitchen/ bathroom, off road parking or garage
• Is the property furnished or unfurnished

Our valuation will take into account all of the above factors together with comparable evidence for similar properties which have been let in the area.

So how do we bring your property to the market?

The procedure is as follows :-

Step 1/

• An initial inspection and rental valuation will be carried out by Joseph Harwood BSc MRICS, a fully qualified chartered valuation surveyor.
• During this meeting advice will be given on the electrical appliances, gas appliances and furnishings as these need to comply with current legislation.
  

• Full details of the property will be taken and advice will be given covering the best way to present and market the property together with a rental valuation.
• If agreeable to the above, then a letting only or a letting and management contract is entered into between the parties.

For more information on these contracts then please call

Barbara Elliott
Property Manager
DDI: 0115 964 4233
E: barbara@spencerbirch.co.uk

What happens next?

Once the contract and fees have been agreed then Spencer Birch will carry out the following :-

• The property is brought to market through local advertising on a weekly basis and through right move, homes in Nottingham and our own website.
• Listing and property lists given to prospective clients.
• A window card and display is created for our shop window.
  Details of the property will be circulated through our mailing list and also large companies and institutions where appropriate.
• Electrical appliances and gas appliances will be serviced (if required) to gain the correct certification.
• Accompanied inspections of the property will be carried out with prospective tenants by our own professional staff.
• Prospective tenants will be interviewed and references will be obtained.
• An Assured Shorthold Tenancy Agreement will be prepared having regard to the terms of the Housing Act to protect the landlord’s position with regard to regaining possession of the property at the end of the tenancy.
• A full inventory of all fixtures and fixtures remaining in the property will be prepared and agreed with the tenant.
• We will arrange for the tenancy agreement and the inventory to be signed by the tenant and collect one month’s rent plus a deposit to be held until the expiry of the tenancy and following a satisfactory final inspection.

Step 3/

We will notify all statutory authorities of the date the tenancy commenced including the Local Authority.

For more information regarding our services then please call

Barbara Elliott
Property Manager
DDI: 0115 964 4233
E: barbara@spencerbirch.co.uk

Joseph Harwood BSc (Hons) MRICS
Chartered Surveyor
T: 0115 941 3678
E: joseph@spencerbirch.co.uk

Spencer Birch is a Limited Liability Partnership
Registered in England and Wales
Registration Number OC301735