Privilege Properties

Rental

Whether an investor has one rented property, or a sizeable portfolio, it represents a major financial commitment.

Our responsibility is to maximise the return on that investment, only one element of which is making sure that we obtain the maximum rent possible. In many ways, almost more importantly, it is key that we find THE RIGHT TENANT, someone who will look after the property as if it was their own and who can meet their financial responsibilities.

We carry out extensive background checks on all potential tenants, as required by law and by good, simple, common sense....where possible, we check their financial background, their employment history and any previous rental experience. Very simply, if we wouldn't be happy letting a property we hypothetically own to a particular tenant, then we won't let them into a property you own.

We make sure that all tenants are fully aware of the commitments they are making and the responsibilities they are taking on. We also take from them a 'security deposit', which can be forfeited if they do not comply with the terms of their lease...and everything is lodged with the Tenancy Deposit Scheme, to make sure that everyone's interests are legally protected.

Of course, for investors, getting the correct property in the first place is vitally important, which is why we are happy to offer advice on any property they are interested in buying and to introduce contractors who can do any remedial work which is required. It's all part of the service!