Guildford logo
call-to-action call-to-action-mobile

Tips for Landlords

Tips for Landlords

Search for properties

To buy or to rent?

Property type

Minimum price

Maximum price

Minimum bedrooms

Preparing your property

Decide whether you want to let your property furnished or unfurnished. It's great if you can offer both options, as this means the agent can market it to a wider audience. In terms of decorating and soft furnishings, keep it fresh and neutral. A well-maintained, clean property will attract good tenants.

The safety of your tenants is very important, so make sure you have a Gas Safety check every year and get all electrical equipment tested once a year too. It goes without saying that your rental property should be fitted with smoke alarms throughout.

By law, you will need an EPC (energy performance certificate) for your rental property. Your estate agent can help you to organise this. You won't be able to market the property without one, so get it sorted as soon as possible - they're valid for 10 years. There are some restrictions on letting a property with a low EPC rating; F or G, but your agent can advise you on the rules.

It's a really good idea to get a professional inventory taken at the start and end of each tenancy. Your estate agent will be able to manage this for you. It can help with any disputes that may arise when a tenant moves out. Without an inventory it is very difficult to prove you are entitled to any of the deposit funds in the event of damages and dilapidations.

Your tenants

Try to keep a relatively open mind about your potential tenants and don't set unrealistic expectations, as this only reduces your target market. Try not to become too emotionally attached to the property either, as it is always hard to let go of a property you love - try to distance yourself from the process.

Potential tenants may try and negotiate on the price. Depending on the tenant's offer, it's worth weighing up if the price you want is worth holding out for, or if it's better to accept it and reduce the time the property is empty and not making money. It's well worth listening to your estate agent's advice.

What level of service do you want from your agent?

You need to figure out how much involvement you want from your estate agent. Do you just want them to find you a tenant and conduct all the security checks, or would you like them to look after the ongoing rent-collection and property management? Of course, there is an additional cost for the agent's ongoing involvement, but it could save you a whole lot of hassle in the long run. You shouldn’t forget that being a Landlord involves numerous pieces of legislation which you will need to keep up to date with if you choose to go it alone.

In choosing your agent, don't automatically opt for the agent that offers the lowest fee. This may prove to be a false economy.

Ongoing considerations

Consider employing staff to help look after your property, like a cleaner and gardener. This means you can retain some level of control over your property's care and maintenance.

Book a market appraisal

Thinking of letting your property, or maybe you're just interested to know what it's rental potential might be in todays market? We'll happily provide you with a valuation.

Book market appraisal

Download the rental code of practice

Covering letting and property management

This guide sets out both what 'must' be done to comply with current legislation and what should be done to comply with recognised best practice.

Download the guide

Download the how to let guide

A guide for current and prospective private residential landlords

This guide is for people who are interested in letting a house or flat in England to tenants in the private rented sector while living in another property.

Download the guide

You might also be interested in

  • Handy tips for landlords A selection of top tips from Guildford Estate Agents
  • Landlord's guide A few things to think about and remember
  • Marketing your property Ensure your rental property stands out from the crowd
  • Property management services We've got everything covered
  • Our landlords and tenants say...See what our landlords and tenants think of our