HouseLet
HouseLet

+353 1 6272768

info@houselet.ie

Letting Guide

1Property Valuation

The achievable rental value of your property is determined by many factors including location and number of bedrooms, local services and amenities, the cosmetic appearance and overall condition of the property.

HouseLet will advise you on a realistic rental value taking all these factors into consideration together with the current state of the local market. We will then outline an appropriate letting strategy for your property.

2Preparing Your Property To Let

We will advise you on whether to let your property furnished or unfurnished. Furnished properties will give a better visual impression to the prospective tenants on how the property will look, making it more likely to rent quicker and sometimes at a higher price. However, the downside is that offering the property furnished will increase costs over time as wear and tear necessitate replacing the furniture.

You must provide white goods as a minimum (washing machine, cooker and fridge freezer) if letting the property unfurnished.

Flexibility is key as this will broaden the appeal of the property to prospective tenants as individual requirements vary. Anything surplus to requirements should be removed and placed into storage if need be.

Finally, if you need a BER we will organise it for you and we will ensure your property is compliant with minimum standards with regards health & fire safety.

3Marketing

HouseLet will market your property across a wide variety of mediums. We advertise on Daft and MyHome and we display your properties on this website as well as within our shop window. We will also share your property through the various social media platforms to enhance exposure. These methods will be backed up by daily contact with pre-vetted potential tenants from our large database. Our extensive tenant network is invaluable when it comes to achieving a quick turn around and alleviating future void risks.

4Viewings

HouseLet have bucked the trend in that we do not do group viewings. On receiving an enquiry, we pre-screen each tenant to establish whether they are right for your property and vice versa.

If it fits, we will set up an appointment and meet them at the property. We do a walk through and give the prospective tenant an opportunity to ask us any questions they may have. We will then have a clear idea of whether they are the right fit for you and your property.

5The Offer

Once we receive an offer, we will relay that information to you together with detailed information on the potential tenants. If the offer is not in line with what we had aimed for we will negotiate on your behalf.

We then check their situation, employment status, who is intending to move in, and how long they are looking to rent for. We will evaluate whether this is in line with your goals and make a recommendation. As the Landlord, you have the final say as to whether you wish to proceed and accept their offer. If not, viewings will continue until a suitable tenant is found.

At this point, we will ask for a holding deposit from the applicants and instruct tenants to complete our Tenancy Form and email it to us along with a copy of their identification. We will also commence the referencing process. During this time, viewings are suspended until all checks have been completed to everybody’s satisfaction. If the deal falls through at any point, we will re-commence viewings immediately.

6Reference Checks

All tenants will undergo thorough background checks. We have compiled a standard reference check which must be completed before any tenancy commences. Our referencing system was designed to help mitigate the risk of owning a rental property. The areas we cover in our checks are as follow:

  • Confirmation of previous lease details
  • Rental payment history
  • Property upkeep & cleanliness
  • Communication
  • RTB dispute history

From our process we will have a good idea on their suitability as a tenant for your property. It is our job to match each tenant to each property, so we take this part of the process very seriously.

7Lease Preparation

Once all referencing is completed and deemed satisfactory, we then ask the tenants to pay their first months’ rent and the balance of their security deposit.

Upon receipt of cleared funds, we will arrange for the tenancy agreement to be drawn up. Our tenancy agreement is fully compliant with the latest legislation. We also have a lengthy list of special conditions which we incorporate into the lease. We can amend these conditions at your request.

Finally, the lease will be signed by all parties via Electronic Signature. All deposits are held in our client deposit account.

8Inventory

For managed properties we complete a full photographic inventory with a high-resolution camera. Within seven days, this inventory will be sent to your new tenant via an email link which will be saved on our lease management system. They will also be given the opportunity to amendments highlighted within 14 days or the inventory will be locked down. We also issue all new tenants with our Tenancy Guide which acts as a point of reference throughout their tenancy.

9The Move In

Once all funds have been transferred and documentation complete the tenants will be handed keys. If the property is managed, we will also retain a set of coded keys at our offices. Utility readings will be taken prior to move in and they will be changed into the new tenants’ names. Finally, we register the property with the RTB. For managed property, we handle all necessary correspondence with the RTB.

10Consider Property Management

The work does not stop when you secure the right tenant. Tenancies need to be managed correctly. Looking after a rented property is easy when you have responsible tenants and live locally. However, if anything does go wrong, from a boiler breaking down to a tenant losing their job it can get very stressful. And the onus is on you as the Landlord to respond with a solution.

There is also a mountain of legal obligations, with seemingly more forms to complete every day. Let us take the strain and manage your property for you. We can ensure that you’re protected in every way and we’ll work hard to make sure you’re not out of pocket financially. If you don’t get paid we don’t get paid.

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Letting Fee Information

The asking rent does not include letting fees. Our standard administration fee (which covers general administration and preparation of paperwork) is £xxx (£xxx+VAT). A security deposit, usually equivalent to six weeks rent, is also payable.

Depending on your circumstances and the property you select, one or more of the following may also be charged to you upfront;

Fees may be charged on a per person or per property basis, please call us on 0035316272768