We pride ourselves in giving a personal service. We can tailor our packages to suit each individual clients needs and you will be given your own negotiator to manage your property. Your own negotiator will have visited your property and know it inside out and be able to manage all aspect including maintenance, tenancies, inspections and more.
Some of our landlords like to be involved with their investments on a day to day basis whilst others prefer to hand it all over and be able to relax in the knowledge that Panda Property LTD will look after the investment as if it was owned by the company.
We offer 3 main packages which can be tailored to suit each individuals needs.
Being landlord can be a source of wealth. For this to happen you need to:
- Be Knowledgeable about the industry
- Be knowledgeable about the property you own or intend to own and the locality
- Research and reference your perspective tenant to protect your investment
- Furnish yourself with the correct documentation to start a tenancy including certifications
- Be able to protect your property and its occupants by keeping up to date with its certification and both proactive and reactive when it comes to maintenance
Safe to say there’s a lot of work which is why our customers come to Panda. We can assist you from the beginning with sourcing a property or valuing a potential property, you already have your eye on.
We can market your property to the best of our ability and find you a suitable tenant. Conducting reference checks and conducting regular property inspection will assist us in ensuring your investment is well looked after.
We have a 24 hour maintenance team so you do not have a risk of a late night call for a property emergency.
Our staff are fully trained and able to issue tenancy paperwork and paperwork to evict any tenant should it be needed. Rest assured Panda will do its upmost to give you peace of mind and to protect your investment.
Whilst Panda Property LTD cannot act as your mortgage advisor and provide you with a mortgage we can refer you onto a third party contractor who will be able to assist you. Please feel free to speak to a member of our team.
PREPARING TO LET
We often recommend marketing a property a minimum of 2 weeks before it is vacant/ready. This enables us to generate interest and ensure the property is let with the right tenant as quickly as possible to reduce costs when the property is vacant.
Prior to booking viewings on your property we pre-check the perspective applicant to ensure they are suitable.
It is important that your property is looking its best. Panda Property are able to offer cleaning of vacant properties, we also have the facility to dress properties such as rooms. Tenants are more likely to look after your property if it is well kept. Properties that have neutral décor and modern facilities are often more attractive. We also have the facilities to send gardeners to your property when its vacant to ensure it is well kept and attractive.
When we take on a property we will happily attend to advise of any works we would recommend to both protect your property and assist in finding the right tenant.
A landlord’s Guide to Safety Regulations
There are many requirements imposed on landlords to ensure the safety and wellbeing of the tenants within rented properties. Some of these are detailed below.
If you are renting your property with furniture you need to be aware of The Furniture and Furnishings (Fire) (Safety) Regulations 1988 (As Amended)
All upholstered furniture made after 1950 is included within these Regulations. The furniture covered by the regulations include items such as sofas, beds, head boards, pillows, chairs, mattresses and bean bags. To comply with the Regulations these types of furniture must be fire resistant and, in most cases, carry a permanent label to this affect. To be ‘Fire Resistant’ most furniture and upholstery must have passed and ‘ignitability test’ specified in the Regulations.
If you ask us to let or manage your property, we will give you information and guidance on the regulations. You must remove any furniture which does not comply with these Regulations before the tenancy begins. There are heavy penalties imposed by these regulations on landlords who do not comply with them.
Most landlords are aware of the requirement to have an annual gas safety check conducted on their property. The Gas Safety (Installation and Use) Regulations 1994 requires by law that all tenanted properties have regular checks to ensure gas appliances are properly installed and maintained in a safe condition so as to avoid risk to the occupiers.
Copies of These Records must be given to the tenant and provided prior to the commencement of any new tenancy. These regulations apply to newly installed appliances and systems as well as pre existing appliances and systems.
It has been a fairly new requirement under The Electrical Safety Standards in The Private Rented Sector (England) Regulations 2020 for all new tenancies to now require electrical safety testing and all renewed tenancies.
The above regulations state that the Landlords must have their properties inspected and tested by a qualified person at least every five years to ensure that all electrical appliances and installations left as part of a let property are safe.
Landlords have to provide a copy of the electrical safety report to their tenants before they move into the property or within 28 days if the tenant is already occupying the property.
The Smoke and Carbon Monoxide Alarm (England) Regulations 2015 Enforce private sector landlords where required to have at least one smoke alarm on every storey of their properties and a carbon monoxide alarm in any room containing a solid fuel burning appliance (e.g. a coal fire, `wood burning stove). These requirements will be enforced by local authorities. There may also be other fire safety requirements imposed by the local authorities such as the requirement of fire doors. The local authority put these requirements in place to ensure the safety of the property’s occupants. It is the landlord responsibility to ensure that the tenant is provided with working smoke alarms and carbon monoxide alarms at the start of the tenancy.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance of Buildings (Certificates And Inspections) Regulation 2007 require Any residential property offered to let to have an EPC.
A qualified by Domestic Energy Asser’s who visit the property and prepares a detailed report which covers elements such as glazing, insulation and heating. The energy efficient ratings are on a scale of A-G (where A is the most efficient and G the least). From the 1st April 2018 properties with an F or G rating cannot be let or have their tenancy renewed. All properties will need a minimum of E rating by 1st April 2020.
One of our best selling points is our in-depth full colour inventory which contains photos and description of each room of your property down to the sockets and switches. Our inventory enables us to claim against any deposit or security should anything be damaged during the tenancy.
Panda Property as standard conduct inspections every 6 months to ensure your property is being well kept and to identify any issues or potential issues that need to be addressed.
We collect the rent due and only charge management fees on the rent received. This makes us more determined to chase any arrears that may occur. We pay our landlords at the end of every month. You can plan your finances around knowing your rent will be there as standard.
We have 24 hour maintenance team to deal with any property issues. It is standard that all works are reported in writing and we will endeavour to get permission from you the landlord before conducting any works to take your instruction unless there is no other option.
We will remind you when certification requires renewal along with advising you when you are able to renew your tenancy agreement and or increase the rent on your property. Were here to make managing your property easy.
Our packages are tailored to suit the needs of each individual landlord. Some landlord prefer to be involved on a day to day basis and meet and greet their tenants whilst others prefer to hand the property over and have peace of mind that Panda Property LTD will manage their property and deal with all matters in regards to management.
Please feel free to contact a member of our team if you would like us to provide you with a quotation. Otherwise please see the downloadable fee structure below.