Introducing Our Rent Review Service for Self-Managing Landlords
As a self-managing landlord, staying on top of rental market trends and ensuring your property remains competitively priced can be challenging. It’s vital to regularly review current rental values to ensure you’re maximising your property’s potential while keeping your tenants satisfied. That’s where our Rent Review Service comes in.
We offer a comprehensive solution designed for landlords who self-manage their properties. Our service ensures your rental property is assessed at its current market value, allowing you to adjust rent fairly and efficiently—without having to navigate the complexities on your own. See below for what our Rent Review Service Includes.
Property Visit & Market Assessment
We will arrange a visit to your tenanted property (within Swansea, Neath Port Talbot, and Llanelli) at a convenient time. This gives us a chance to inspect the property and assess its condition, taking into account any improvements or changes that could affect its rental value. If access is not possible, a desktop appraisal can be carried out.
Appraising the Current Rental Value
Using our expert knowledge of the rental market and up-to-date data, we will provide you with an accurate appraisal of your property’s current rental value. This assessment ensures you’re charging a fair rent that reflects the latest market conditions, whether you need to increase or maintain the current rate.
Comparable Market Report
As part of the service, we supply a detailed Comparable Market Report, which benchmarks your property against similar properties in the area. This report gives you a clear picture of how your rental rate compares to others in the market, providing you with the confidence to set the right rent.
Issuing Notice to Tenants
Once the new rental value is agreed upon, we handle the formal process of notifying your tenant of the rent change. This ensures you comply with the necessary legal requirements and give your tenant adequate notice of the adjustment in accordance with the terms of the lease and local regulations.
Why Choose Us?
Expert Guidance
Our team has extensive experience in the property rental market, and we stay on top of the latest trends to provide you with a competitive and accurate valuation.
Compliance
We understand the complexities of issuing formal notices and staying compliant. With us, you can be assured that the process is handled professionally and legally.
Hassle-Free
Managing a rental property is a lot of work—especially if you’re doing it alone. Our service is designed to take the stress off your shoulders by handling the rent review from start to finish.
