‘Letting a Property Swindon’

A Short Guide to Letting a Property

Successfully letting a property requires a fair bit of planning and is becoming more popular throughout the UK. Before letting a property, it’s essential to understand your responsibilities as a landlord. In this short guide, Castles Estate Agents explores some landlord basics to letting a property.

As a landlord, you’ll have certain responsibilities that must be legally fulfilled when letting a property. A summary of these are below:

· You’ll need to have a legally binding tenancy agreement in writing

It’s essential to have this agreement in writing as oral arrangements can lead to difficulties down the line. A formal, written agreement allows you to add ‘clauses’ that protects you legally and regulates how the tenant uses the property. For example, having a ‘no smoking’ or ‘no pets’ clause.

· If your tenant is to pay a deposit, you must use a tenancy deposit protection scheme

The deposit protection scheme safeguards the tenants deposit on the property, ensuring procedures are in place to sort out any problems at the end of the tenancy. All deposits must be placed into the authorised protection scheme within 30 days. Tenants must also be informed of how to apply for the release of the deposit along with other important information about disputing deposit payments.

Castles agents’ knowledge of the local market allows them to identify and target the type of tenants who will be interested in your property. For advice and guidance on letting a property, or to speak with one of their letting agents, call today on 01793 61167.

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Castles Estate Agents offer advice and guidance for landlords on letting a property. To let a property in Swindon, contact Castles today www.castlesproperty.co.uk