Pink Property

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11 Hedon Road, Hull, HU9 1LH
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01482 270069

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FAQs

What services do you provide?

We provide “Let Only” and “Full Property Management” services. Please see our “How we work” page for a breakdown of our services. We offer free valuations of your property, our extensive research of property prices and variations, as well as our close monitoring of the UK housing market, ensure we provide accurate and competitive valuations.

Who carries out any repairs on my property?

As part of our Full Property Management service and with your instruction, we can carry out repairs on your behalf. Our 24/7 helpline ensures tenants can alert us to any problems at any time and our carefully selected maintenance partners are able to provide competitive quotes and carry out the work promptly.

Can you obtain an EPC for me?

Yes. Every property being marketed for sale or rent has to have an EPC. We can obtain this on your behalf at a competitive price from our registered supplier. Once you have your EPC it is valid for 10 years on that particular property.

How will I receive the monthly rental income?

As part of our Full Property Management service we will collect the rent from the tenant and transfer it into your nominated account via BACS payment. Interim financial statements will also be sent to you giving a breakdown of income and expenditure.

What if the tenant fails to pay the rent?

All tenants will be put through our quality checking procedure which includes credit checks. In the event of the tenant passing this, moving into your property, and failing to pay the rent, we will move quickly to understand the tenant’s situation and reason for not paying the rent. We will make you aware of this immediately and keep you informed, whilst carrying out all the necessary steps to secure the outstanding amount.

What insurances do I need?

If your property has a mortgage then it should already have buildings insurance as a requirement of your lender, if you own the property outright then we would still recommend you having buildings insurance.

We would recommend some degree of contents insurance as well, especially if the property is to be let furnished. If unfurnished, then a minimal level of contents insurance to cover any carpets, curtains, fittings etc, would still be a sensible precaution.

FAQ about Selling a Property

What price should I look to sell for?

We offer free valuations of your property, our extensive research of property prices and variations, as well as our close monitoring of the UK housing market, ensure we provide accurate and competitive valuations. Many factors can also have an influence on the price you approve us to advertise at, such as your financial situation, your degree of urgency to get your property sold, etc.

 It is common place for buyers to offer below your asking price, especially in the current market. You may want to bear this in mind and factor it into your asking price.

Can you obtain an EPC for me?

Yes. Every property being marketed for sale or rent has to have an EPC. We can obtain this on your behalf at a competitive price from our registered supplier. Once you have your EPC it is valid for 10 years on that particular property.

What steps should I take before placing my house on the market?

Before your house goes on the market you should carry out any repairs or decorations that make it more appealing to potential buyers. When a buyer views your property the more a nice and positive environment it is, the more likely they are to leave with a positive impression. Impression is everything!

In addition to this, if there are any areas of concern within your property such as a roof in a bad state of repair, it may be sensible to arrange a survey of the defect.  You should also decide in advance what fixtures and fittings you are intending to handover with the property such as curtains, light fittings, curtains, etc.

Do I need to be involved with the viewings?

This is entirely down to preference. As part of our service, we would accompany all viewings as standard. However, some sellers prefer to conduct their own viewings either with or without us in attendance.

What and where are my Title Deeds?

The Title Deeds serve as your proof that the property is yours. If you have a mortgage these are usually held by your bank or lender. Your solicitor will need a copy of these.

When do I need to move out?

The date you move out is agreed between yourself and the buyer, and is known as the Completion Date.

Do I need to pay Capital Gains Tax?

If the property is your main home then no. If the property is not your main home then it’s likely you will have to pay tax. We would recommend consulting an accountant is this is the case.