Our Value to Landlords

The role of a residential landlord has changed considerably over the years. What was once a relatively straightforward means of generating income from property has become increasingly complex due to the ever-growing web of regulations. In the current climate, those landlords who are not leaving the sector are looking for ways to save money and will be contemplating whether enlisting the services of a letting agent is an avoidable expense.

As a letting agent, our mission is to illustrate the real value we offer to potential clients by emphasising the benefits of our services.

Using Scoffield Stone Reduces Risk

It begins with finding the right tenants in the first place. Tenant selection is not just about filling a vacancy; it is about ensuring the longevity of the property investment. This is where we have the experience and resources to find and screen potential tenants, reducing the risk of problematic renters.

Scoffield Stone can provide:

• Comprehensive Background Checks: As well as verifying income and general affordability, this includes checking credit history, rental history and right to rent. A history of missed payments, an unpaid IVA (Individual Voluntary Arrangement) or payments to debt collection agencies can all be potential causes for concern. By identifying red flags early on, we will help landlords avoid problematic tenants.

• Quality Tenants: We use their experience to identify quality tenants i.e. those who are likely to pay rent on time and respect the property. This results in less disputes and lower turnover rates.

• Minimal Vacant Periods: We can minimise income loss by swiftly filling vacancies through their network of potential tenants and their access to major property portals, benefiting landlords financially and ensuring the security of their properties.

Using Scoffield Stone Means Efficient Property Management and Maintenance

As a letting agent we understand how time-consuming, and often stressful, property management can be, dealing with everything from routine maintenance to addressing tenant complaints and emergency repairs. We can take the burden off your shoulders by managing the property for you – ensuring a well-maintained and compliant property.

Landlords can be assured of:

• Timely Repairs and Maintenance: We have a network of trusted contractors who can quickly address any issues that arise. This ensures the property remains in good condition and tenants are satisfied.

• Legal Compliance: The UK has many laws and regulations that you must adhere to, from safety standards to tenancy agreements. Our knowledge and understanding of these regulations ensures that you are not caught out – reducing the risk of legal issues and financial penalties.

• 24/7 Emergency Support: Property emergencies can happen at any time. We offer ‘out of hours’ emergency support, ensuring any urgent issues are dealt with promptly.

• Regular Property Inspections: Under a full management agreement, we will conduct regular property inspections. This helps spot any potential problems before they become an issue.

• Pre-checkout inspections: We will give the tenant the opportunity to rectify anything which might otherwise be picked up only after they leave. This reduces claims from the deposit and potential disputes. 

We Can Manage Client Money

One crucial aspect that often leaves landlords feeling uneasy in residential lettings is the responsibility of handling their tenants’ money, encompassing deposits, and rent payments. This is precisely where our expertise becomes indispensable.

By engaging us, you can entrust the collection of tenant funds to professionals who ensure impeccable handling. Not only can agents safeguard the tenant’s deposit, but they also diligently adhere to all financial regulations.

Contractors and other regular associated bills will be paid in a timely manner, and you will be provided with regular rent statements showing a breakdown of income and expenditure for their records.

Another source of anxiety for landlords is rent arrears. As a professional agent we can alleviate this stress by incorporating rent collection into your management agreement.

To demonstrate our professionalism, we display our CMP certificate and details of our redress scheme, plus membership of propertymark, on our website and in our office.

We Provide Time and Stress Savings for Landlords

Being a landlord involves wearing multiple hats, which can take its toll on time and stress levels when dealing with administrative tasks and day-to-day management of a property.

With this in mind, here are some other key benefits of a landlord using Scoffield Stone:

• Marketing Expertise: We have the marketing expertise to help a rental property stand out in a competitive market. From professional photos to compelling property descriptions, agents know how to attract potential tenants effectively.

• Legal Expertise: Navigating the legal intricacies of tenancy agreements, evictions, and property rights can be daunting. We offer expert advice and guidance on these matters, ensuring you can make informed decisions.

• Tenant Communication: We act as intermediaries between you and tenants, handling communication about repairs, rent payments, and other concerns. This minimises direct involvement for you, allowing you to focus on other aspects of your life.

• Tricky Situations: Late rent is just one issue; others may include antisocial behaviour and evictions. We can handle these challenges for you effectively and with professionalism.

• Insurance: We have industry specific insurances in place to protect our clients and their business. These include Client Money Protection (CMP) and Professional Indemnity (PI). Our membership of The Property Ombudsman Redress Scheme should also put your mind at rest as it gives you added protection.

Why Scoffield Stone Are Invaluable to Landlords

In the dynamic and fast-paced world of residential lettings and property management, we play a crucial role in simplifying the lives of landlords.

From expert tenant screening to efficient property and client money management, our services offer a myriad of benefits. By leveraging our expertise, you will save time, reduce stress, and enhance the value and profitability of their property investments.