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New to being a landlord?

Our experience will help guide you through the complex issues that arise when renting out your first property. The moment that you instruct us, an extensive database of prospective corporate tenants is at your fingertips and our lettings staff will inform you of what amount of rental income you can expect. Here are four essentials:

Our accurate property valuations will provide you with a realistic rental.

Should your property need any tweaks, we will be the first to let you know as no landlord wants to be chained to a money drain!

Through our network of contacts and our rigorous reference procedures, we can introduce to you reliable tenants.

You are offering both luxury and convenience and corporate professionals require both.

No need to shop around for someone to look after your property.

Our range of in-house service options includes a professional property management service that will collect your rent, undertake repairs, organise gas safety inspections and more.

Tenants move on, but void periods can and should be kept to a minimum.

Apart from quickly finding you prospective new tenants, we can advise on how best to present your property so that it doesn’t stay empty for long. An empty apartment is a costly apartment.

Our range of services will take the pressure off and will help protect your property investments

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Our well-trained lettings teams are on-hand across London to help you.

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Success at Nine Elms Point

The final phase of new rental homes has started to complete in Nine Elms Point a highly popular scheme in the Nine Elms regeneration area. Despite these new homes completing during the autumn season,demand has been the strongest we have ever seen for a new property development! The first 25 homes that completed were let by our on-site branch within 10 days. For 6 owners, they were able to choose from 2 offers and on one property, there were 3 people fighting over it resulting in a10% increase above the asking rental for a 3 year term without any break. This is a clear sign of the public interest in the Nine Elms area which is now firmly plotted as a Zone 1 rental hotspot. The rents achieved have been good too with one bed homes on the lower floors achieving £500 per week and as much as £575 on the higher floors while two beds on lower floors have achieved as much as £675 per week and those on higher floors achieving over £800 per week due to the amazing views. Nine Elms Point’s combination of excellent transport links - which will be even better next year when the Northern line extension station opens directly opposite the development - five-star amenities and fabulous views of London’s riverside skyline is proving to be irresistible! It’s a trend that is driven by demand from both wealthy overseas students from top Universities such as the London School of Economics and Kings College London as well as professionals working in various tech sectors. With many foreign currencies performing strongly against the Pound, this is the right time for investors to take advantage of some good deals which they simply wouldn’t get in other zone 1 locations like Knightsbridge. The profitability of Nine Elms Point extends even to its penthouse suites which overlook the River Thames opposite Chelsea.There is a strong market from both international investors and London buyers for such high-end property that can be purchased at relatively competitive prices and still provide those all-important skyline views and a short commute into the financial district. Such is our confidence in Nine Elms Point and the rental demand here, we are offering investors a rental guarantee yield for upto 24 months.Investors can take advantage of a 5% gross yield paid from the day of completion so no worries about taking time to find a tenant or for rental payments to start. This is a new approach reinforcing confidence which appeals to both seasoned as well as entry-level investors. A key element to the success of any new development is connectivity and this is where Nine Elms Point scores very highly as it is only a short walk to Vauxhall underground and overground stations but soon will be at the entrance of the new Northern Line extension which links the main City and West End networks to the whole Nine Elms area as well as to the Battersea Power Station mega development. Residents will be able to reach Canary Wharf in under thirty minutes and the university quarter in Holborn in under twenty minutes. A flagship Sainsbury’s store is also on-site and adds further convenience. The moving in of high profile neighbours like Apple Head Quarters and the American Embassy points to a future of prosperity and permanence for the whole SW8 area that Nine Elms Point is central to. Buying in at the early stages of this regeneration wave is therefore of utmost importance. With the Help-To-Buy scheme currently injecting cash into the London house market, there are currently a lot more people buying compared to the previous six months. Our advice to investors is to act now as the pound is fairly weak and if you choose a product that you feel confident in, you will definitely see results. We are confident that Nine Elms Point is one of those products.

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FAQs – new landlords

Our rigorous marketing activities at branch level and online, attract a constant flow of prospective tenants. These include high traffic websites dedicated to finding you the right tenant 24 hours a day; extensive Google product marketing; listing and advertising on major UK property portals including Rightmove, Primelocation and Zoopla and using social media.
As renting is a way of life now, most tenants are long-term renters who pay rent on time and look after their accommodation. These tend to be corporate and working professionals who have good budgets and like convenience. Attracting these types of tenant should be your priority.
Our Finance Director is a chartered accountant and oversees our Accounts Centre which provides a range of services to landlords including rent collection. Our strategy for managing rent payments works well mainly because our reference process is extremely thorough at the outset.
Benham and Reeves are founder members of ARLA Propertymark (the Association of Residential Letting Agents); members of The Property Ombudsman for Lettings and the Tenancy Deposit Scheme. Compliance is important to us and we thoroughly support agent accountability within the property sector.
Most of the properties we let are also professionally managed by us so you can be sure that if there's a problem, we will respond promptly to resolve any issues. More information can be found in our Property Management section.
All of our branch managers understand what motivates investors and are very knowledgeable about the local markets they operate in. If you need more in-depth investment advice or tax guidance for overseas investors, our Directors who are investors themselves, can also help.

Got more questions? Contact our lettings director

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