Summer presents an excellent opportunity for landlords to let their properties out and to do so quickly. The good weather that summer usually provides can help make your property’s interior and exterior look more attractive to tenants.
Statistics also show that summer is the most popular season for tenant enquiries. With recent property trends, homes in coastal areas such as Brighton, which is an area we cover here at Harringtons Lettings, should be in high demand, meaning getting your property successfully let this summer could be a breeze.
Make your home and garden look great
Summer’s better weather and generous amounts of sunshine can help to make your property’s indoors and outdoors look great. In the harsh winter months, homes can look duller and darker but summer’s natural light can help to make rooms seem bigger and brighter.
Rooms that look more spacious can help to make your property more attractive to would-be tenants and help you to successfully let your property.
Summer’s sunshine doesn’t just provide a boost to your property’s indoors, it can also work wonders for your property’s outdoors too. A spruced up garden can look super in the summer, and it’s up to you whether you maintain your garden yourself or allow a professional to keep it neat for you.
However you choose to go about it, preening your garden is proven to be a worthwhile effort as research from Post Office Money shows that landscaping your garden can add 77% to the value of your home – useful if you ever decide to sell your home in the future.
So making sure your garden looks its best for property viewings can help you successfully let your property this summer.
Ensure your outdoor spaces look their best
Not everybody has a garden and those with outdoor spaces can also use this to their advantage when trying to successfully let a property in the summer. Summer can help to bring out the beauty of your outdoor spaces such as balconies and terraces.
Tenants who are looking to rent in the summer months might place greater interest in your outdoor spaces, as with the warmer weather, they could be spending a lot of time there.
Maximise the appeal of your outdoor spaces by making sure they are neat and tidy before viewings. A clean outdoor space can help prospective tenants visualise how they can enjoy the sun at your property. An attractive outdoor space can certainly help you successfully let your property in the summer.
Are you a student looking for accommodation in Brighton for the next academic year? Call us today on 01273 724000 or via email on firstname.lastname@example.org we can help you find the perfect home!
Summer is when tenant enquiries are at their peak
July to August is typically when tenant enquiries are at their highest levels, meaning you are more likely to experience increased tenant demand in the summer months.
A rise in tenant demand can lead to more enquiries and property viewings and this can materialise as a faster let. The higher tenant interest in the summer months also gives you more leverage to set a higher rental price which will, in turn, increase your yield.
Statistics are on your side when letting out in the summer, but you can also strengthen your position by working with an established letting agency like Harringtons. Contact us and see what we can do for you.
People want to move quicker in the summer
People don’t just want to move in summer, they want to move quickly. Summer’s warmer weather presents the perfect opportunity for speedy moves. Given the choice between dragging your belongings around on a bitterly cold dark day or moving boxes on a bright blue-skied summer’s day – the latter definitely sounds more appealing.
Apart from summer’s usually better weather, that’s not the only reason people want to move quickly in the summer, a lot of families will want to have settled into their new home before the school term starts in September.
You can use these seasonal circumstances to your advantage by ensuring your property is on the market now and ready for viewings. It would also be wise to make sure your property is ready to be moved in, especially for tenants with families who can be eager to move in before school starts. A property that’s good to go can help you with successfully letting your property this summer.
The pandemic has given people new priorities
Covid-19 has impacted the way we live and with this upheaval what tenants are looking for in a property has also changed. More people than ever are working from home, so it’s a smart move to make sure you have a nice home office space set up and fast broadband.
If you’re letting out a property in the summer, then use the increased natural light and better weather to your advantage to make the office space in your property look larger.
Faster broadband can also be a deal-clincher as it is likely that tenants will be working from home (at least some of the time) and their children could be taught from home again, too, if further lockdowns are reintroduced.
Make the most of being on the coast
Here at Harringtons Lettings, we cover areas in Sussex including Brighton which has ranked as the UK’s most profitable city for landlords two years in a row.
With the UK’s staycation surge seeing coastal cities as the most popular destinations. In addition the pandemic resulted in more people seeking rural and seaside living. Meaning landlords should make the most of being on the coast. Take advantage of your location by working with a letting agency like Harringtons who know Brighton inside and out.
You can also maximise the view your property has by being close to the beach. Making sure your balcony, patio or garden look great.
To get the most from your tenancies, you need to work with an experienced, reputable letting agent. Here at Harringtons Lettings, we can help you to remain compliant and get the most from the tenancies of your properties.
We cover a wide range of areas across Sussex and are also able to offer management across the whole of the UK if required. You can find out more about us here. You can also contact us here to find out more about our services.
Do you have a property in the Brighton and Hove area? Do you have a property off London Road, North Laine? Are you looking for Hove seafront? Are you looking for a free valuation? Why not contact Harringtons Lettings on 01273 724000 or email@example.com
We would love to do a valuation for you of your property.
We have been a local independent agent since 1993 and all of our administration staff have been at Harringtons Lettings in excess of 5 years. So, you will always have some form of continuity.
We understand what landlords require especially in a more compliant world. Did you know that the Government has implemented more than 127 new laws in the last 5 years and there are more to come. The Government now require this year at some point all landlords to put a CO2 detector in their properties even when they only have gas central heating. This will be done through existing legalisation.
Why not have a conversation with us to discuss your current requirements. We can bespoke any of our services to your needs.
Harringtons understand landlord and tenant requirements and we are able to provide you with the level of service and everything you require. Please do not hesitate to contact us today!
Have you been introduced to our sister company iInsure 365 who deal with all types of insurance? You wont have to worry about filing out a long lengthy forms to find cheap landlord insurance. With iInsure 365 you can speak to one of the team and they will find you a quote through their panel of provider. They deal with all types of level of cover and have various different insurer who can offer quotes for you. There are legal requirements for landlords. It is important that you have the right insurance company to deal with your insurance cover.
A landlord may have one or more properties in the United Kingdom that they rent out. It is important for landlords to spend time looking for the right insurance. Make sure you find an insurance policy specifically designed for landlords. They can ensure properties from all over the United Kingdom for you.
Landlords often believe that a new home policy will suffice. This is not the case and they will then make a claim which virtually all insurers will turn down. Standard home insurance policy mostly cover homeowners or property owners, not landlords. If you stick with your normal house insurance policy you can find yourself with no cover at all.
Landlords building insurance
Landlord building insurance is specifically tailored for landlords and their requirements. iInsure 365 will insure what you need for your policy.
Are you aware of the growing risk of underinsurance?
In the words of the financial conduct authority “there is already an alarming degree of underinsurance”. With both the UK businesses and consumers creating issues throughout each of the property sectors.
It is the responsibility of landlords to ensure they take out sufficient levels for cover.
If they fail to take out sufficient level of cover this can have devastating consequences for you. It can result in significant reductions to any insurance pay out. Potentially in the worst case scenario, it may void the policy. Resulting in no pay out at all.
A practical example is as follows;
If the rebuild cost of your premises is £200,000 but the property is only insured for £100,000. You are underinsured by 50%. Every insurance company will have an average clause in the policy which is standard and therefore it reduces the sum insured by leaving the policy holder with 50% of an insurance pay out of just £50,000.
We understand from iInsure that they recently had one of their clients check their rebuild costs. iInsure have an ability to be able to check a policy for the correct sum insured for only £160.00. Substantially more than what most surveyors charge.
The client was insured for £630,000. Once the report was carried out it stated that it should have been £856,000. There was an underinsurance of £226,000 which would have been taken off any claim.
They can provide you with a RICKS certified up to date revaluation. Ensuring that your property is correctly insured for the right amount. The cost is minimal compared to what the situation would be if you weren’t paid out to the correct amount.