At face value, the process of renting out a property may seem like a simple transaction between you and your tenants. However, in reality, there is a long list of essential tasks, making it a whole lot more complex. For a successful renting business, you need to make sure everything you do is legal, as missing out on the crucial aspects may land you in trouble.
Typically, as a landlord, your initial priority will be towards the financial formalities. However, there are other important things that you need to take care of before letting your property.
Without a proper plan of action, things can quickly get out of hand. Wouldn’t it be amazing to have a list of renting property tips at hand? We thought so, too! To help you navigate the process smoothly, we have made a list of three important checks that you need to make before renting out your property.
All of our suggestions are important renting property tips. They not only help protect your investment but also ensure a positive and mutually beneficial relationship with your tenants.
Let’s check them out!
1. Conduct an Energy Performance Certificate for Your Property
Conducting an EPC for your property is not just a legal requirement but also a very valuable renting property tip. This report offers important insights about your property’s energy efficiency, giving you a rating from A to G, with G being the least efficient.
This certification is very important for you as it guarantees that your property complies with all legal criteria. Additionally, an EPC provides a roadmap for improvements, detailing particular suggestions to enhance the energy efficiency of your property.
EPC’s acts as a transparent communication channel for your potential tenants, helping them make well-informed decisions regarding their future utility bills.
Lastly, a high EPC rating will help your property stand out from the competition in today’s environmentally conscious rental market, which could result in longer and happier tenancies.
Are you looking for a reliable service provider to conduct an EPC for your property? Contact Gio Property Solutions today!
2. Conduct an Air Tightness Test for Your Property
Conducting an air tightness test is another valuable renting property tip that you should implement before renting out your place. This test, also known as a blower door test, measures how much air escapes or enters a building. Through this assessment, you can better understand the energy efficiency of your property as well as its structural integrity.
For this, the tester seals up the place by closing all doors and windows, and then uses a fan to make a difference in air pressure inside and outside. This helps find where air is sneaking in, for example, around windows and doors. Once these spots and leaks are found, they can be fixed, offering better insulation and lower energy bills, especially in places with extreme weather.
Having adequate air flow also keeps your property healthy and stops dampness and mould, which can mess with your tenant’s breathing and cause allergies. Additionally, a well-sealed property means less noise and dust from outside, making it a calmer and healthier place to live. This test not only helps you in saving energy but also makes a big difference in keeping your tenants comfortable.
Ensure the comfort, health, and satisfaction of your tenants by scheduling an air tightness test with Gio Property Solutions today.
3. Complete All the Legal Requirements
Getting all the legal formalities done is essential before renting your property. It often involves a bunch of things that change depending on where you live and can include getting a permit, following local safety rules, and making sure everything fits the housing codes.
First off, landlords need to make sure their place follows all the health and safety rules in their area. This means having things like smoke alarms and carbon monoxide detectors and making sure the plumbing and electricity are up to scratch. It’s super important to keep the place safe so you don’t get into legal trouble and your tenants stay happy and safe.
Additionally, draft a comprehensive lease agreement that outlines the rights and responsibilities of both parties. Be sure to include important clauses regarding rent payments, security deposits, maintenance responsibilities, and eviction procedures. It’s also advisable to conduct thorough background and credit checks on potential tenants to ensure they meet your criteria and you mitigate the risk of problematic renters.
By completing all the necessary legal requirements upfront, you can establish a solid foundation for a successful and legally compliant rental business. This proactive approach helps safeguard your investment and build a positive and transparent relationship with your tenants.
Contact Gio Property Solutions to Make Your Property Suitable for Tenants
If you need someone reliable and accredited to conduct safety tests for your property, choose Mark from Gio. Providing you with the correct insights into its energy efficiency, our expert team at Gio Property Solutions can help! We are well-experienced in providing an accurate evaluation of your building’s energy performance and air quality.
Our Level 4 NDEA accuracy assessor ensures you get the right information for your Energy Performance Certificate and Air Tightness Testing. We can also provide you with solutions on how to improve your building’s energy performance.
To learn more about us, visit our website and contact us to book an appointment today!
