2 months before the conclusion of all lease agreements a rent review is performed to ensure that your property is achieving the optimum rental return.
All renewal lease agreements are geared for January/ February expiry, as this is the peak time for a rental price increase.
At the point of rent review 2 months prior to the completion of the lease agreement we contact your tenants to gauge whether or not they will be renewing for another 12 months.
5 weeks prior to the end of the lease the renewal agreements are sent to the tenants for signing.
Benefits: The peace of mind that your property is tenanted for another 12 months at a premium rent.
If the tenants decide to vacate you have 4 paid weeks to advertise and sign up a new tenant,
reducing any potential rent loss days.
