Landlord FAQs

Firstly, contact Prospect Estate Agency! We will then arrange a time that is convenient for you to carry out a free, no obligation rental valuation. At this time, our expert agents will give you all of the information that you will require to begin the process of letting your property.

Costs can vary depending on the size of the property, whether it's furnished or unfurnished, how many bedrooms it has and the Property Management level you wish to join. For a complete breakdown of all of our Landlord Fees then click here. Our expert agents will be happy to discuss details of this with you following your free, no obligation rental valuation.

We will conduct viewings of your property 7 days a week, from early morning to early evening. We will accompany prospective Tenants on all viewings, so your presence will not be required. We sometimes find that Tenants often feel more relaxed and ask more questions when the Landlord/owner is not present.

The tenant’s deposit will be registered with the Tenancy Deposit Scheme. This is a government run scheme, allowing you to rest assured that the deposit is in safe hands and completely protected.

We can organise an Inventory of your property quickly and easily. Contact your local branch to find out more.

Prospect’s innovative marketing includes industry leading property particulars and a dynamic online strategy. As 88% of property searches begin online, we understand the importance of ensuring maximum online exposure for your property. We will promote your property on our main website prospect.co.uk, which receives over 1000 hits a day, alongside all the major property portals – including Rightmove. Click here to find out more about our marketing services for Lettings properties.

Yes. There are often restrictions with regard to letting your property, which is likely to be prohibited without permission. It is rare for lenders to refuse permission and typically you will agree a time period in which you can legally let your home. Prospect are partnered with MAB, who can provide you with expert, independent mortgage advice.

Yes, our Property Management services are designed to take the stress out of being a full time Landlord. Our experienced Property Managers oversee everything from maintenance checks to complete refurbishment solutions, informing you of the latest legal requirements, taking care of your property and relieving you of the responsibility. Read more about our Property Management department, or contact them directly on 0118 955 9747.

We understand that minimising the risk on your investment is always a priority for a Landlord. We can offer you options to suit your personal requirement for Legal Costs and Rent Protection Insurance (subject to T&C’s), when you rent your property through us.

Yes. Prospect are regulated by, or members of; ARLA, The Lettings Property Ombudsman, The Guild of Residential Landlords and The Tenancy Deposit Scheme.

Yes. Prospect Rooms gives you the opportunity to achieve a higher yield for your property. Using our network of offices and Award Winning Lettings team, we can fill your vacant rooms quickly and dramatically increase the amount of rent you are receiving. Click here to find out more about Prospect Rooms.

It is a legal requirement for Landlords to have ordered an Energy Performance Certificate (EPC) before the property is marketed. This measures the energy efficiency of a property using a scale of A – G , new legislations requires an EPC to meet a standard rating of A to E and is valid for 10 years. Click here to find out more about EPCs.

We will typically ask tenants for employment references and current Landlord references. We will carry out a credit check and you will need to provide us with photo I.D. and proof of address.

Yes, our Lettings Agents and Property Management team are available to contact 7 days a week.

There are a number of safety and legal obligations that Landlords must adhere to when renting a property. These apply to gas safety, fire safety, electrical wiring, appliances and more. If you opt for our Premier or Overseas Property Management Services, we will ensure that you adhere to all legal obligations. We are happy to offer guidance and advice to all Landlords, no matter the service.

Your Tenant will contact you directly if they experience problems during their tenancy, unless you have opted for one of our Property Management Services.

The choice is yours and you can discuss the best option to take with our expert agents. It is common for rental property to be let part furnished, e.g. with carpets, curtains and white goods in the kitchen.

It is a legal requirement for all residential tenancies to have at least one working smoke alarm on each floor of the property , where by the property is deemed a house in multiple occupation (HMO) licenced or unlicensed it is a legal requirement to have smoke alarms installed in each bedroom also.