If you are considering letting your property read our letting guide to get to grips with the process. Please contact us with any questions and to arrange a free valuation for your rental property.
Research the best agent for your area
Read reviews at Google Reviews and Feefo, and visit estate agent websites and offices to get full details and examples of how they will market your property.
The lettings industry is unregulated which means anybody can set up a lettings business. All of Paramount’s agents are ARLA Propertymark members. ARLA Propertymark agents agree to have their accounts audited annually, have client money protection (CMP), meet the highest standards in the industry and make a commitment to customer service.
No two properties are the same, so a lettings negotiator will arrange to view your property to conduct a full rental valuation. If you are unsure whether to sell or let your property we can arrange for a sales negotiator to value the property at the same time.
During the property valuation, let us know of any additional benefits the property has. We will also highlight what we consider to be the key features of the property. As our negotiators have worked in the area for many years they use their local experience and market knowledge to determine how much the property will let for.
Marketing your property
Once we have been instructed to let your property we will arrange for a professional photographer to take photographs of your property, including a floorplan and virtual tour. We will list the property on our website and upload to property portals, as well as contacting all applicants on our database currently searching for a similar property.
If there are tenants currently in your property we provide them with a minimum of 24 hours’ notice about upcoming viewings. To maintain a good relationship with the tenant we try to organise a block of viewings to minimise any disturbance, maintaining the quiet enjoyment of the tenancy without affecting the marketing of your property.
You will be contacted when an offer is received on your property. At this point, the applicant might have requirements, like the removal or addition of furniture or remedial works, which we will discuss with you.
Once you have accepted an offer the tenant will be referenced. We check the tenant is who they say they are and ensure they are able to pay the rent (their annual salary needs to be 2.5x the annual rent). Referencing is conducted by our New Home team.
Tenancy deposit scheme
When terms have been agreed with a tenant it is a legal requirement for their rental deposit to be entered into a deposit protection scheme. At Paramount we register all deposits with the Tenancy Deposit Scheme (TDS), although some let only landlords hold deposits in their own nominated schemes.
Take a look at our fees for landlords.