Landlord Guide

With hundreds of lettings agents to choose from, it’s no wonder customers are bewildered with choices…should you pick the one with the nicest office, or the lowest fee? Then it’s a case of which service is right for me…the decisions can be endless.

Our brief guide into the decisions involved will help introduce you to life as a landlord.

Step 1

How well do you know your property? Get an accurate valuation

Your aim should be to let your property at the best possible price in the shortest possible time. Our expert valuers carry out hundreds of valuations every month giving us intimate and unparalleled knowledge of property values in your area. This is why we consistently achieve the asking price across all our clients' properties, with minimum void periods.

CPS Homes are HMO experts within Cardiff, through a working relationship with Cardiff Council and investing in staff training, we take pride in being able to give the best advice to our clientele. We've worked with many clients to maximise their returns through spending money in the right areas, see our list of case studies!

Call us on 02920 668585 or complete the rental valuation request form.

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Step 2

Do your homework! Selecting an estate agent

When choosing a letting agent, consider their opening hours, when they will be available to conduct viewings, their high street presence and what kind of marketing your property will receive. These are critical to obtaining the maximum rental value for your property.

Use past experience! Have you rented in your area before, how did the agent perform? Draw on recommendations of friends to make sure your property is looked after! See what some of our clients have said about us.
You should also check if your agent will organise your government-required Energy Performance Certificate (EPC) on your behalf or if you need to arrange this yourself? You are responsible for making this document available to prospective and future tenants. CPS Homes can arrange this for you.

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Step 3

Don't want to be on call 24/7? Consider Property Management

Property Management can be the key to reaping maximum rental returns on your property. Many tenants insist on renting managed properties and are often prepared to pay a premium for this.

Instructing CPS Homes to manage your property gives you peace of mind that both your property and tenant will be cared for 24/7. Our team of dedicated Property Managers will look after the general day-to-day management and more complex issues such as emergency repairs, collection of rent, deposit returns and much more.

CPS Homes can cater to any clientele's needs; you can be heavily involved in day to day dealings or just relax knowing your property is in capable hands.

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Step 4

First impressions count - Presenting your property

First impressions count, making the presentation of your property critical to a successful let.

Consider addressing any DIY jobs you have been meaning to get done, add a fresh coat of paint where necessary and try to declutter to make rooms appear larger.

CPS Homes' team of dedicated professional valuers will then take photographs, and write comprehensive property descriptions, all in just one visit. With the rental market being so active CPS Homes ensure that we market your property with their best selling points.

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Step 5

The boring bit! Preparing your property

Before you let your property for the first time you must obtain a professional inventory, as well as any safety certificates needed. This will set out the condition and contents of the property. CPS Homes can advise on everything needed to let out your property, we can even arrange for the certificates and inventory to be done as quickly as clicking your fingers!

Not sure whether to furnish your property? Read our advice now.

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Step 6

Exposure matters - Marketing your property

To find your perfect tenant you need to give your property maximum exposure across a wide range of media.

When you instruct CPS Homes to let your property you will automatically benefit from our unrivalled, comprehensive marketing package, including: exposure on our award winning website, full colour property details, inclusion on major portals like Rightmove and key property titles, email and SMS alerts and PR.

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Step 7

We will look after you! Accompanied Viewings & Feedback

Our experienced team of lettings negotiators will accompany all viewings, meaning we can use our expertise to help let your property and provide peace of mind that strangers aren't walking around your property alone!

We at CPS Homes feel viewing feedback is an essential part of renting a property. We let you know what the applicants think, straight after the viewing. By continually reviewing our property list we create the right strategy to get your property rented.

Our offices are open 8:30am-6pm Monday to Friday and 10am-2pm Saturdays.

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Step 8

Nervous? Receiving an offer

As soon as an offer is received we will contact you to communicate full details of an offer along with any special conditions to help you decide whether or not to accept.

Did you know that 80% of offers fall through without a letting agent's aftercare? Rest assured CPS Homes will take care of all negotiations with the tenants on your behalf.

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Step 9

The exciting bit! Offer agreed

Once you accept an offer we will do the following, regardless of whether your property is managed:

  • Collect comprehensive references from the tenants
  • Arrange signing of Tenancy Agreement
  • Collect moving-in payment (rent + deposit)

For your added peace of mind, where applicable we will hold the deposit as a stakeholder and register this with a deposit protection scheme, resulting in a faster and more efficient deposit release process at the end of the tenancy.

Our managed clients will benefit from us dealing with the tenants for the check-in and inventory.

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Step 10

Congratulations! Completion

Upon completion, keys will be released to the inventory clerk or the tenant on moving-in day.

For managed properties, we will provide the tenant with contact details of their dedicated Property Manager.

Congratulations, your property is now let!

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To find out how we can help you, e-mail us via enquiries@cpshomes.co.uk or give us a call on 02920 668585. Alternatively, if you fancy calling in for a face-to-face chat, we'd love to see you.