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Renting out your property can be a positive venture providing you with a steady income stream. However, navigating the process can seem daunting, especially for first-time landlords.
In this guide, we will walk you through the essential steps and rules for renting out a property in the UK, answering common questions such as "can I rent my own property out?" and "What do I need to let out a property?" So let's get started!
Can I Rent My Own Property Out?
If you are a homeowner you have the right to rent out your property here in Surrey subject to certain conditions and legal requirements. Whether you own a house or apartment you can explore the rental market to generate income. However, it's essential to check if your mortgage agreement or lease allows for letting. Some agreements may have specific clauses that restrict or regulate renting out the property. Consulting with your mortgage lender and checking your lease (if you own a leasehold property) can help clarify any restrictions or obtain permission.
What Do I Need to Let Out a Property?
Before you start renting out your property, there are several steps you need to take, here are some of the key ones :
- Prepare the Property
Ensure that your property is in good condition and meets health and safety requirements. Conduct any necessary repairs, clean thoroughly and present it attractively to maximise its appeal to potential tenants.
- Landlord Insurance
It's crucial to obtain adequate landlord and building insurance to protect your investment. Regular home insurance may not cover all the risks associated with renting out a property, so research and select a suitable policy that covers rental activities. We can also obtain this for you as part of our management service.
- Safety Certificates
As a landlord, you must prioritize the safety of your tenants. Obtain gas safety and electrical safety certificates from qualified professionals, ensuring compliance with legal standards. Additionally, installing smoke alarms and carbon monoxide detectors is mandatory.
- Energy Performance Certificate (EPC)
Before advertising your property, obtain an EPC. This certificate rates the energy efficiency of your property and is legally required. It provides potential tenants with information about energy costs and helps them make informed decisions.
We can arrange all of the above certificates for you as part of our service.
What Are the Rules for Renting Out a House?
As a landlord in the UK, it's vital to familiarise yourself with the rules and regulations governing the rental sector. Here are some key aspects to consider:
Tenancy Agreement
Use an assured shorthold tenancy agreement (AST) to establish the terms and conditions of the tenancy. This legally binding document outlines rent details, tenancy duration, and responsibilities of both parties.
Right to Rent Checks
Before renting to a tenant, conduct necessary checks to verify their immigration status. This is a legal requirement to ensure compliance with immigration laws.
Deposit Protection
Landlords must protect tenants' deposits using a government-approved tenancy deposit protection scheme. This ensures that deposits are safeguarded and can be reclaimed fairly at the end of the tenancy.
Repairs and Maintenance
Landlords are responsible for maintaining the property and ensuring necessary repairs are carried out promptly. Regular inspections can help identify maintenance issues early on. Routine inspections are part of our full management service.
Need Help With Your Rental Property?
Renting out your property can be a rewarding venture, but it's essential to approach it with knowledge and preparation. By following the steps outlined in this guide and familiarising yourself with the rules and regulations, you can embark on your journey as a successful landlord.
We can, of course do all this for you and make all arrangements. Please feel free to contact Nicholls Residential on any of the below numbers or email This email address is being protected from spambots. You need JavaScript enabled to view it.. We will be happy to help and guide you in any way that we can.
Chessington Office 0208 391 110
Epsom Town Centre Office 01372 730 111
West Ewell Office 0208 786 7879
North Cheam Office 0208 644 3480
Local, Independent and Proud
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Are you selling your property in our part of Surrey? If interest has slowed, you may be wondering whether it's time to switch estate agents. After all, a new year brings new opportunities, and a change of agent could be just what you need to sell your home quickly and for the best possible price.
Why Consider a New Agent?
There are many reasons why you should consider switching estate agents. Perhaps your current agent isn't proactive enough, or you're not happy with their communication skills. Maybe you're simply not getting the results you were hoping for?
If you're feeling dissatisfied with your current agent, it's important to act sooner rather than later. The longer you wait, the more time you'll lose, so switching to a new agent could give your property marketing a much-needed boost.
How to Choose the Right Agent
Choosing the right estate agent is crucial. Here are our tips to help you make the best decision:
- Do Your Research: Ask friends, family, and colleagues for their recommendations. You should also read online reviews and visit each agent's website.
- Interview Multiple Agents: Don't just settle for the first agent you meet. Speak with several different agents and compare their services, fees, and marketing strategies.
- Ask the Right Questions: When considering agents, don’t just ask about their fees! Their experience, marketing strategies, local knowledge and understanding of the current market conditions are important too.
- Choose an Agent Who's a Good Fit: It's wise to choose an agent who you feel comfortable with. You should be able to trust them to handle your property sale with care and professionalism.
Tips for Selling Your Property.
In addition to choosing the right estate agent in here in Surrey, we’ve got some practical tips to help you sell your property faster and for a higher price:
- Declutter and Depersonalise: A clutter-free and neutral space can make your property more appealing to potential buyers. Remove excess furniture, personal items, and unnecessary clutter.Enhance Kerb Appeal: A well-maintained exterior can make a great first impression. Pay attention to your front door, landscaping, and overall exterior appearance.
- High-Quality Photography: Careful photography will showcase your property's best features. Also property tours and 360 degree room views all add to excellent presentation.
- Price It Right: A well-priced property is more likely to attract offers. Your estate agent will help you determine the correct value.
- Be Flexible with Viewings: Accommodate potential buyers' schedules and be flexible with viewing times where possible.
Why Choose Nicholls Residential?
At Nicholls Residential, we pride ourselves on providing exceptional service to our clients. We're passionate about helping you sell your property quickly, with no stress, and for the best price.
Our experienced team has a wealth of knowledge and expertise. We'll work hard to market your property effectively and negotiate the best possible deal on your behalf.
If you're looking for a new estate agent in Chessington, Ewell, Epsom or North Cheam to help you sell your property, please contact us. We'll be delighted to discuss your specific needs and answer any questions you may have.
Call our offices (details below) or email This email address is being protected from spambots. You need JavaScript enabled to view it. to work with a dedicated and experienced estate agency. We'll help you achieve your goals and make your property sale a success.
In the meantime, we’ve answered some of your common questions about switching estate agents.
Frequently Asked Questions About Switching Estate Agents
Can I switch estate agents?
Yes, you can usually switch estate agents. However, it's important to be aware of any contractual obligations with your current agent and any potential fees associated with early termination which Nicholls Residential will advise you on.
What are the benefits of switching estate agents?
Switching estate agents can offer several benefits, including:
- Access to a wider pool of potential buyers
- Improved marketing strategies and exposure
- More experienced and knowledgeable agents
- Better communication and responsiveness
How do I switch estate agents?
Just contact Nicholls Residential and we will guide you through the process which can be very straight forward.
Chessington Office 0208 391 110
Epsom Town Centre Office 01372 730111
West Ewell Office 0208 786 7879
North Cheam Office 0208 644 3480
Local, Independent and Proud
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January often feels like a month of reflection. The decorations are back in their boxes, the festive cheer has fizzled out, and the reality of those grey winter mornings hits home. But while it’s easy to feel bogged down by the so-called "January Blues," this time of year can also be the perfect opportunity to take positive action. If the idea of a fresh start is on your mind, why not make this the year you move into your dream home?
Moving to a new house isn’t just about bricks and mortar - it’s about re-energising your lifestyle and setting yourself up for the year ahead. As your local estate agent, we’re here to help you explore property for sale in Surrey, prepare your current home for the market, and plan your next steps.
Why January Could Be the Best Time to Move
The property market often slows down around Christmas, but that’s precisely what makes January such a golden opportunity. With fewer buyers actively searching, you’ll face less competition if you’re looking for a property in our part of Surrey. At the same time, motivated sellers - often keen for a fresh start themselves - want to introduce serious viewers to their homes.
And let’s not forget the timing. By starting your move in January, you’ll likely be settled in time for Spring, ready to enjoy the warmer months in your new home. So, think of it as giving yourself a head start on the year and a way to shake off the post-Christmas slump and channel your energy into something exciting and rewarding.
Making the Most of a Winter Sale
If you’re planning to sell your home this Winter, don’t be discouraged by the weather. While the colder months have their challenges, they also offer opportunities to show your property in a unique way. A warm, inviting atmosphere can make your home feel cosy, especially when the wind is howling outside.
Start by focusing on your home’s kerb appeal. Even in January, first impressions matter. Clear away any fallen leaves or ice and consider adding a few pots of winter flowers to brighten things up. Inside, think warmth: soft lighting, a glowing fireplace, and fluffy throws can work wonders in creating a space that buyers will fall in love with.
A Fresh Start for Mind and Spirit
Beyond the practicalities, moving home in January offers a psychological boost that can help shake off the post-Christmas gloom. There’s something uplifting about setting new goals and creating a home that reflects your aspirations.
Imagine waking up in a home that feels like it was designed just for you. A place with enough space for that home office you’ve always wanted, a bigger kitchen for hosting family meals, or perhaps a garden where you can finally create that vegetable patch. A change of scenery can inspire you to imagine what’s possible, giving you the energy to tackle the year ahead.
At Nicholls Residential, we believe every new home is the start of a new story. Whether it’s upsizing, downsizing, or finding your first home, we’re here to help you turn the page and start afresh.
Why Wait? Start Your Journey Today
January might feel like a time to hunker down, but it’s also the perfect moment to take action. Whether you’re ready to explore property for sale in our part of Surrey or need advice on preparing your current home for the market, our team at Nicholls Residential is here to guide you every step of the way.
Please call us (office contact numbers below) or email This email address is being protected from spambots. You need JavaScript enabled to view it. to arrange a valuation or discuss your dream move. Let’s make this year, the year you create the home - and the life - you’ve been waiting for!
In the meantime we've answered some of your common questions about planning a home move.
Frequently Asked Questions
Is January a good time to sell a home?
Absolutely. With fewer properties on the market it’s a great time. Sellers, meanwhile, benefit from standing out in a less crowded marketplace.
How can I make my home more appealing in winter?
Focus on warmth and comfort. Add soft lighting, clear outdoor pathways, and highlight any energy-efficient features.
Can Nicholls Residential help me find property?
Of course! We specialise in connecting buyers with their perfect homes and supporting sellers throughout the process.
Chessington Office 0208 391 110
Epsom Town Centre Office 01372 730111
West Ewell Office 0208 786 7879
North Cheam Office 0208 644 3480
Local, Independent and Proud.
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