0115 8494 484 enquiries@arresidential.co.uk

Landlord Frequently Asked Questions

Why should we use you and not a corporate agent?

We pride ourselves on treating people how we would like to be treated ourselves, and having all worked for the Corporate agents we know this always isn’t always the case. You can rest assured that we will give you 100% of our time and attention to get the job done, no targets to meet, no hard sales, no centralised functions or offshore teams, just the business owners.

Why should we use you over an online agent?

We feel that we offer everything that an online agent does and in 95% of the cases we are cheaper, however you still have the high street presence and the personal touch for extra, at no further cost.

Will you tie me into a long term contract?

No not at all, we will be flexible and work with you on what you feel confident with.

What is the average time it takes to complete once we accept an offer?

The lettings market works very differently to the sales market and from instruction to a tenant moving in, this could be as quick as four working days, subject to the property being available for the tenant to move in.

How do you earn your fee?

We know that we are different to our competitors and are one of Nottingham’s fastest growing agents because of our approach. If you’re not happy with the terms we set out, at the end of the transaction we will reduce our fee by 10%.

If we need to get additional works done to the property to make it more lettable, can you help?

Yes of course, in fact we have a panel of expert contractors who we have used for numerous years. You will also be pleased to learn that we do not take any form of commission from the contractors, unlike some of our competitors.

Do we need to make any improvements to our home?

During the valuation process we will be open and honest with you and point out any areas that we feel require attention. Everyday that your property is empty, it costs you both time and money, so we will always try and secure the best possible tenant in the shortest possible time. Presentation of the property is therefore very important in a highly competitive market place.

How do we know if our mortgage is the best deal for us?

As none of the Directors are qualified to give this personal advice, we can put you in touch with honest and reliable people. If you do require some advice and would like to speak to someone, then please contact Andy Nield of Clear Choice Mortgages (Please note that AR Residential take no form of commission for any referrals made to Clear Choices Mortgages).

Can you help with Removals?

Yes we can put you in touch with companies who have worked with us and can be trusted. If you wish to be put in touch with these companies please visit www.removals-storagenotts.co.uk

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Do you sell to investors?

Yes we have numerous investor landlords who are always looking at expanding their portfolio. As part of any new instruction we will always discuss and speak to them about your home, along with other suitable applicants, should you wish us to do so.

Jargon Buster

We get fed up of industry slang within AR Residential, therefore to help you avoid the minefields here are a few examples:

  • AST – Assured Shorthold Tenancy
  • FWT – Fixed wire test
  • GSR – Gas safety record
  • Periodic tenancy– you hold over in your tenancy without entering a new fixed term
  • Smokes – Smoke detector test
  • EPC – Energy Performance certificate
  • Break Clause – That you have a clause that you can enforce during the tenancy agreement
  • Fixed term – You are tied into a contract to the end date and if you leave early you may incur the re-letting costs for the landlord
  • RPI - Retail price index linked to a possible rent increase