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Ward & Chowen
©
Copyright Glaric Consultancy Ltd. 2016
The letting of a residential property is almost always a more rapid exercise than the sale of a property, although similar
milestones exist within the process that dictate how quickly a property can be let and occupied. A guide to the expected
timeline is provided below.
• Prepare property to be let
• Organise an EPC and Gas Safety Certificate
• Arrange rental valuation
• Instruct agent
• Commence marketing, conduct viewings
• FIND SUITABLE TENANTS
• Agent prepares tenancy agreement
• Agent undertakes referencing of prospective tenants
• Agent prepares inventory
• RELEASE KEYS TO TENANTS
• Initial research into desired area
• Conduct viewings of properties
• FIND SUITABLE PROPERTY TO RENT
• Pay referencing fees
• Sign tenancy agreement, pay deposit
• PICK UP KEYS FROM AGENT
The Letting Process
Landlords
Tenants
1 Week
1-3 Weeks
Quick reference - Energy Performance Certificates (EPCs)
EPCs are produced to show potential
buyers the energy efficiency of a
particular property and are calculated
by measuring various factors, such
as the floor area, level of insulation,
quality/age of glazing and method of
internal heating.
They are a legal requirement for the
majority of residential and commercial
properties offered for sale or to let in
the UK.
(Grade II Listed properties, for example, are exempt).
The rating is divided into bands, with “A” being the highest and “G”
being the lowest.
Within a full EPC report are recommendations for improvements that
could be made to increase the energy efficiency of the assessed
property, lower its carbon footprint and reduce the homeowner’s
energy bills.
www.wardchowen.co.uk“Joe and the Ward & Chowen
Lettings team were brilliant
in helping us find the right
property for our family. Our
happiness was paramount
and they looked after us
throughout. We have no
problem in recommending
Ward & Chowen for their
service, dedication and
care.” - Mr T-Y
LET
LET
LET