A raft of new legislation has been introduced recently and more is to follow in 2018. This has put an added responsibility on landlords and being "compliant" has become the watchword. From gas safety checks, EPC certificates, carbon monoxide alarms, to anti-money laundering regulations, and Right to Rent checks, introduced by The Immigration Act in 2014 letting, quite rightly, is no longer a question of just finding a tenant and signing an agreement. For many landlords the new regulations and extra paperwork has proved too much and they have already elected to hand the letting and management of their properties to Jackson-Stops as we are able to help at all levels.
Today many potential tenants start their search online so making sure the property is well photographed, correctly decorated and where appropriate furnished is critical from the outset. The old adage a picture tells a thousand words is never so true. Jackson-Stops is in constant touch with market trends and can advise landlords on how best to present their property to obtain the optimum income. We offer a complimentary service to landlords advising on refurbishment or redecoration. Many tenants look for a high specification but like period details, particularly the overseas tenants renting in the capital who see period features as part of "the London experience", whilst those renting in the countryside often opt for the quintessential country cottage. Several of our offices are affiliated to local design and furniture hire companies that can provide comprehensive advice and bespoke packages at short notice.
The more discerning tenants will come direct to us, bypassing the property portals, to tap into our expertise and extensive local knowledge. We aim to help them to find the right property and advise them on suitable locations whether it is for a business posting in London or leisure and a means to enjoy the theatres and shopping in London or a quiet weekend retreat.
The rental market is an extremely important part of the UK property market but it is not without its pitfalls and ignorance is certainly not bliss. Before purchasing a buy to let property an investor needs make certain there are constraints on letting, particularly if it is a block of flats; that a mortgage provider is aware the property is to be let and insurance is suitable for a rental property. If you need advice you are always welcome to call upon us for expert guidance.