Page 26 - ESPC Magazine - October2021

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LUXURY LETS

Nicky Lloyd, Head of ESPC Lettings, shares her expertise on letting out a
high-value property.

This means that landlords should ensure
the property is in first-class condition, with
all furniture, fittings and appliances clean
and well-maintained. Fresh redecoration of
the property can also be advisable; tenants
may intend to live there for the long term,
so you should make the property as enticing
as possible.

Secondly, it’s essential to manage your
property effectively. It’s understandably a
concern for any landlord that its condition
may be affected, and this concern can
increase in line with the property’s value –
particularly if your property has listed status,
as many in Edinburgh do.
This is where ESPC Lettings can help. Our
team of property experts are experienced
in handling properties of all values, and
work hard to ensure peace of mind for
both landlord and tenant. We’ll advise you
Whatever the price, we understand that on everything from the inventory to the
a property is one of the biggest financial insurance policies to protect your property. GOODBYE SUMMER,
commitments you’ll have. When this property
is of a higher-than-average value (£500,000 We’ll also market the property appropriately HELLO AUTUMN
and upwards, as a general rule), there can be and find the perfect tenants, with a thorough
more at stake when it comes to renting it out. vetting procedure that means you can be We’re loving Jo Malone’s new English Pear
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So what do you need to consider, in order to ESPC Lettings can provide a full management
make sure that your high-value property is a service, including maintenance, rent collection
success on the rental market? and just about everything else, so you can
relax and let us look after everything.
Firstly, think about your prospective tenants.
A high-value property means that the rent
will be considerable, so the condition needs ESPC Lettings is an Edinburgh letting agent.
to reflect that. With higher-value rentals, We can help with marketing your rental
tenants are often older, perhaps with family property and finding the right tenants.
in tow, and they will expect their home to be Contact the team on 0131 253 2847 or
of a certain standard. landlord@espc.com.

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