Landlord Guide

A landlord’s guideto letting in London

Letting a property in London comes with real legal and financial responsibilities. This guide walks you through the process step by step, so you can let confidently and compliantly, whether you do it yourself or let us handle it.

Step One

Prepare the property

First impressions matter. A clean, well-presented, safe property lets faster and achieves a higher rent. Before marketing, make sure the property is in good order and ready for a tenant to move in.

  • Carry out any outstanding repairs and redecoration
  • Deep clean throughout, including carpets and appliances
  • Decide whether to let furnished or unfurnished
  • Ensure all appliances are working and safe
Tip Neutral décor and good natural light photograph well and appeal to the widest range of tenants.
Step Three

Value and market the property

Setting the right rent is a balance: too high and the property sits empty, too low and you lose income. An accurate, local valuation backed by real market data gets it right. Once priced, the property should be marketed professionally with quality photos across the major portals.

  • Get an accurate, data-led rental valuation
  • Professional photography and a strong listing
  • Advertising on the major portals and beyond, with a single asking rent
  • Consider specialist demand: care, corporate and operator lets
Step Four

Find and reference the tenant

Finding a tenant is easy; finding the right tenant takes diligence. Thorough referencing protects your income and your property. Every applicant should be properly vetted before you accept them.

  • Accompanied viewings with qualified applicants
  • Credit checks and affordability assessment
  • Employment and income verification
  • Previous landlord references and Right to Rent checks
Step Five

The tenancy agreement

A properly drafted tenancy agreement protects both you and the tenant and sets out everyone’s rights and responsibilities. Since 1 May 2026, new tenancies in England are assured periodic tenancies under the Renters’ Rights Act, so the agreement and your processes must reflect the new rules.

Note The Renters’ Rights Act 2025 abolished Section 21 and fixed-term assured shorthold tenancies. Read our Renters’ Rights Act summary.
Step Six

Deposit and move-in

If you take a deposit, you are legally required to protect it in a government-approved scheme within 30 days and provide the tenant with the prescribed information. A detailed inventory at move-in protects you at the end of the tenancy.

  • Protect the deposit in an approved scheme
  • Serve the prescribed information to the tenant
  • Complete a detailed, photographic inventory
  • Provide the required government information and all certificates
Step Seven

Ongoing management

Once the tenant is in, the work continues: collecting rent, handling maintenance, conducting inspections, keeping compliance current and managing renewals. You can do this yourself, or hand it to us under a Rent Collection or Fully Managed service and step back entirely.

  • Collect rent and chase any arrears
  • Arrange repairs and maintenance
  • Conduct periodic inspections
  • Keep all certificates and licences current
  • Manage rent reviews and the end of tenancy
Let Us Handle It

Let us handle it all for you

Every step in this guide is something we do for landlords every day. Book a free valuation and let Faith & Co. Estates take care of the whole process.

Call020 8574 1700
Emailinfo@faithandco.co.uk
Hours

Mon to Fri, 9:00 to 18:30

Coverage

Greater London & Home Counties

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