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Landlords Guide

Step 1 Accurate valuation


Our aim is to let your property at the best possible price in the shortest possible time. Our expert valuers carry out lots of valuations every week giving us intimate and unparalleled knowledge of property values in your area.

This is why we consistently achieve the asking price across our clients’ properties.

Call us on 0207 624 0055 (Kilburn) or 0208 997 4026 (Park Royal) for a free valuation.



Step 2 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 Maygrove Estates to manage your property gives you peace of mind that both your property and tenant will be cared for 24/7. Maygrove Estates will look after the general day-to-day management and more complex issues such as emergency repairs, collection of rent, transfer of utilities and much more.



Step 3 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 de-clutter to make rooms appear larger.

Maygrove Estates can organise professional photographers who can take photographs, produce interactive floor plans and an Energy Performance Certificate (EPC) all in just one visit.



Step 4 Preparing your property for tenancy


Before you let your property you must obtain a professional and comprehensive inventory. This will set out the condition and contents of the property. Maygrove Estates will organise a professional outsourced inventory on your behalf.



Step 5 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 Maygrove Estates to let your property you will automatically benefit from our unrivalled, comprehensive marketing package, including: exposure on our website, full colour property details, exposure on all main leading property portals, newspaper advertising and many forms of social media.



Step 6 Accompanied viewings


Our longer opening hours are essential to maximise viewing opportunities for your property – in fact over 40% of our viewings are carried out after work and at weekends. Accompanied viewings also mean we can use our expertise to help let your property.

We offer a dedicated and unrivalled service 6 DAYS A WEEK. We are open 10.00am to 6.30pm Monday to Friday, 10.00am to 3:00pm on Saturdays.



Step 7 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.



Step 8 Offer agreed


Once you accept an offer we will do the following, regardless of whether your property is managed:
Collect stringent and comprehensive references from the tenants,
Arrange signing of Tenancy Agreement,
Collect moving-in payment (rent + deposit),
Arrange check-in and inventory (charges apply from the 3rd party),
Arrange a Gas Safety Record where applicable (charges apply from a 3rd party).

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



Step 9 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 all of our contact details.
Congratulations, your property is now let!

Landlord Fees:


Letting only 9.00% + VAT
Management only 5.00% + VAT
Letting & Management 12.00% + VAT


Inventory


ServicePropertyStudio1 bed2 Bed3 Bed4 Bed5 Bed6 Bed
Inventory Furnished £80 £90 £100 £120 £145 £160 £175
Unfurnished £65 £80 £90 £100 £115 £130 £145
Check In Furnished £60 £70 £80 £100 £125 £140 £155
Unfurnished £45 £60 £70 £80 £95 £110 £125
Check Out Furnished £80 £90 £100 £120 £145 £160 £175
Unfurnished £65 £80 £90 £100 £115 £130 £145
Interim Unfurnished £55 £65 £75 £85 £100 £115 £125
Furnished £65 £75 £85 £100 £110 £120 £130

Discounted Rate when Inventory and Check-In carried out at the same time:


Inventory
& Check In
Furnished £105 £120 £130 £145 £160 £175 £190
Unfurnished £100 £115 £125 £140 £155 £170 £185

A 20% VAT charge applies