Nederlands

Renting out a property in the Netherlands

Are you looking to rent out your property? Welocate helps you find the best tenants while taking care of all the procedures of tenancy, including contract negotiations, check-in and check-out, inspections and setting up utilities. We don't stop once we've placed a tenant, throughout the contract, we'll take care of the administration and technical management on your behalf.

We have created the Landlord Rental Plan to help you rent out your property, worry-free.

The Landlord Rental Plan

Are you currently renting out your property, or maybe you are considering renting out the property you live in, or even looking to buy a new investment to rent out?

If so, the Landlord Rental Plan is the ideal solution for you. We have developed a complete package of services for a fixed price to assist you. The Landlord Rental Plan takes all your worries away throughout the entire rental process, we will be there to guide you from start to finish.

If you need to secure finance on your investment property, we can also provide the relevant products you need for your mortgage, such as an appraisal report for rental properties and a notary, all at a fixed price.

Renting your property

Welocate help different types of landlords:

• You currently own a property you wish to rent out.
• You wish to rent out the property you live in but need to change your mortgage to allow this.
• You wish to buy an investment property with a mortgage that you want to rent out.

Detailed below are the stages involved in renting, how we can help, as well as things you may need to consider if you have an existing or are arranging a new mortgage on your property.

Step 1: Orientation

The first step is for us to discuss your requirements and assess the property. This is at no cost with no obligation. We can advise how to maximise your rental income, help you throughout the process and give advice on styling that will improve your return.

Step 2: Property presentation

We will create the advertisement in consultation with you and, if required, use a professional photographer to take extensive photos as well as create an official measurement report and floor plan. This will ensure your property is presented in the most attractive way to appeal to prospective tenants.

Step 3: Property advertising

We will advertise your property on the most well-known rental platforms, promote through social media as well as inform our own network about the property. This will ensure maximum exposure for your property to the most suitable tenants.

Step 4: Viewings

Once the advertisement is active, we will process any requests for viewings from clients, collecting any relevant data from them that will identify their suitability to rent your property. We will host the viewings and answer any questions that the potential tenants may have regarding the property.

Step 5: Tenant screening and selection

Once the viewings have taken place, we identify the most ideal tenants and request the necessary documents to support their application. We analyse their financial suitability through a detailed screening process and present the most suitable candidates to you for your review and approval.

Step 6: Contract preparation

Once we have identified the successful candidate, we create a draft contract between you and the tenant for you to review. Once you have approved the contract, we send this to the tenant for them to check and sign. After they have signed, you then also sign and the check-in date will be arranged.

Step 7: Check-in

One of the key parts of the process is a smooth check-in. We ensure there is written and visual documentation on the state of the property as well as taking the meter readings. Once you have received the deposit and first month's rent, we can then hand over the keys to the tenant and the property is rented.

Step 8: Administrative and technical management

Once the tenant has moved in, we continue to support you throughout their stay by handling the administration, taking over the communication with your clients, ensuring records about the tenant and property are filed correctly, etc. In addition, we manage technical issues with the property, such as a leak, dishwasher blocked, etc. and ensure they are repaired using our network of contractors and with your prior approval.

Mortgage properties

If you have a mortgage on the property you wish to rent out or if you are arranging a new buy-to-let mortgage, you will need to check with your lender what their requirements are. In most cases, you will need the following products which are included in our 'Switch to Rent' or 'Buy to Rent' versions of our Landlord Rental Plan:

• An official validated appraisal report specifically created for a rental property.
• In case you are buying a new property, a delivery deed to transfer it into your name and signed at the notary.

What it costs

The Landlord Rental Plan options are offered at a fixed price. The table below details the services included within each option. The prices are excluding 21% VAT and with a monthly rental price below € 3000. For above this or larger portfolios, prices are on application.

1. Your mortgage lender often requires an official appraisal report that is specially created for a rental property. Your lender will inform you about this when changing your mortgage.
2. If you are switching your current mortgage to a rental mortgage with the same lender, often you do not need a mortgage deed. Your lender will inform you about this when changing your mortgage.
3. These discounted prices are applicable when you have found a tenant yourself or there is an existing tenant in the property. Some of the components in the above are therefore excluded or adjusted as follows: Orientation will be replaced with a property pre-check, property presentation/advertising and viewings are not necessary or included.

Optional extra services

Presentation package - An official NEN2580 measurement report, floor plans and extensive photos: € 250

Energy label - A professional inspector creates an official energy label report for your property: € 275

Interested? Feel free to contact or call us.

Send us a message +31 (0)20 760 8282