Whilst a property portfolio can provide impressive returns, the support of a knowledgeable and reputable lettings and property management agent is vital to maximise your investment. With a client list that spans major developers, banks, private equity groups right through to first time landlords, Key Properties can lighten the load.   Here are our top tips for a successful buy-to-let investment:

Choosing the right agent
Save time and hassle in the long run by researching the agent that will represent/manage your property.  For peace of mind, choose a letting agent who is a member of the National Approved Letting Scheme, or one of the professional bodies that support it. Key Properties is a member of ARLA ( Association of Residential Letting Agents).  Be safe in the knowledge that you are instructing property management specialists that can protect and enhance your investment.

Select a service
Your property agent should be flexible enough to tailor its service to suit you.  Decide whether you simply need help marketing your property or whether you’d like property management support throughout the tenancy. Do keep a copy of all terms and conditions, so you know exactly what you’ve signed up for with your property management company.  Download a menu of the comprehensive range services Key Properties can offer, here.

The price is right
With demand for  properties outstripping supply, average rental prices have been increasing steadily.  Our lettings team is immersed in the market and can offer informed advice on marketing your properties at the right price for optimum returns.

Maximise marketing opportunities
All property agents are not made equal.  Avoid rental void periods and ensure the agent you opt for is marketing savvy.   Ask how they plan to market the property – on websites, publications, in store visibility and mailers to their database.  Make sure you’re happy with the quality of promotional material they create for your property – photos and descriptions should be clear and compelling.

Protect your rent.
Any reputable agent managing your property should offer a rental guarantee. That way, if a tenant falls into arrears the landlord will know their rent  will be paid , all legal costs will be paid, administration and court appearances will be dealt with and attended by the agent and a solicitor..  At Key Properties we incorporate this guarantee free of charge on all new tenancies, if a fully managed service is selected.

Safety regulations are key
Make sure your property complies with safety regulations – from gas to electrical safety.  If in doubt check with your letting agent.

Perfect presentation
First impressions count - so make sure the presentation of your property hits the spot with potential tenants.  A fresh, neutral palette works best, as it will appeal to most people.  Contemporary, quality furnishing works perfectly, but don’t be tempted to over furnish the property  - and ‘Dressing’ the apartment such as including the cutlery and bedding and isn’t necessary, most tenants like to visualise their own belongings in place!