Residential

Craven Wildsmith
4.3
Based on 30 reviews
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Roger Kirk
Roger Kirk
15:10 21 Jan 20
Used Neal and Paul for twenty years. Both for business and private residential work. Always professional and helpful... with a huge depth of knowledge. If you have any property related queries be they commercial or residential I recommend giving them a quick call.read more
Lesley Wright
Lesley Wright
11:42 19 Jan 20
I’ve worked with Paul and Neal for over 20 years and have always found them to be reliable, trustworthy and extremely... professional in every way. They have managed property for me and also found me excellent tenants. I would highly recommend them.read more
Shane Marsh
Shane Marsh
15:13 17 Jan 20
Have known Paul and Neal for many years and they have always been helpful, polite and professional. They have a wealth... of knowledge and experience and are well respected amongst people we deal with. I wouldn't hesitate to recommend them.read more
Ken Marsh
Ken Marsh
10:18 17 Jan 20
I was looking for a place ASAP the viewing was arranged straight away and the paperwork was done quickly and... painlessly. The one small problem I’ve had in the time I’ve been in was dealt with efficiently. I would definitely recommend.read more
Carl Concannon
Carl Concannon
16:22 16 Jan 20
Well where do I start. From the first enquiry to the viewing to the present day, Paul, Victoria, and ALL the office... staff have been very amiable. Yes we had a few tiny teething problems but nothing was the fault of the letting agents, and all faults were speedily dealt with. Any questions we asked was answered honestly and promptly. The staff are very friendly and helpful and our dealings with Paul have always had a good and positive response. In all honesty this is one of the best lettings company in the area.read more
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Rent FAQ

What’s the purpose of a rent review?
Most leases longer than 3 or 5 years will contain a rent review, the aim is that the rent will keep up with inflation? So it’s just like reviewing the price of any of your other products or services.

How often are rents usually reviewed?
The lease will specify how often the rent is to be reviewed, most commonly it’s every 3 or 5 years.

Is it a rent review or just a rent increase?
Traditionally rent reviews are called upwards only this is a bit misleading, in most cases a lease will say the rent after review will not be less than the rent prior to review.

I am a tenant why should I trigger a review?
The main reason is certainty, so you know what your rent will be going forward,  the second reason is that the Landlord can start the review process a long time in the future and if you eventually agree an increase you could have years of back rent to pay plus interest in one lump sum

How is the new rent decided.
Normally the lease will provide details, but the general idea is that it should be the rent that the property would let for at the time of the review assuming the tenant had complied with the terms of the lease particularly regarding condition.

What if the landlord and tenant can’t agree?
In most cases rents are agreed between the landlord and tenant, however if this isn’t possible for any reason the lease should have a way of dealing with this, the most common is that the matter is passed to an independent person to deal with, he is often referred to as either an expert or arbitrator.

Is there a difference between an independent expert and arbitrator?
Yes there is, in very simple terms an independent expert will look at the cases put forward by the land lord and tenant, or more likely their surveyors and also use his own professional expertise to reach a decision where an arbitrator can only rely on the information put to him.

If we can’t agree and my review is going to an independent expert or arbitrator can you help.
Defiantly, the presentation of the argument is very important.

Do I need my own surveyor?
You don’t need to but you should take advice certainly if the other party, your landlord or tenant is using an advisor.

Why should I take advice?
To make sure the procedure is followed correctly because if it’s not the rent review may be invalid and if you are the landlord to make sure you get the best rent, if you are the tenant to make sure you don’t pay to much.

So why should I use Craven Wildsmith?
We are qualified
We are experienced
We know what we are capable of and only act within our areas of expertise.
Neal Craven our lead surveyor started work as a commercial surveyor in the region in Doncaster in 1986 he is a assessor for and fellow of the Royal Institution of Chartered Surveyors (RICS).  “the world’s leading professional body for qualifications and standards in land, property and construction”
The RICS say “Only members who are major achievers in their careers may apply to become a fellow of RICS. They will be leaders in the profession; active people who have completed unique projects or contributed to the profession”

Our property is out of your region, how do we find a compliant surveyor?
You should look for a member of the RICS, they have a find a surveyor service at http://www.ricsfirms.com/ Any RICS member offering rent review services should have the relevant experience and expertise and have appropriate professional indemnity insurance.

DISCLAIMER
The above are general observations, each lease is different and these points are not intended to replace specific advice from a qualified and experienced professional. For independent advice contact

Craven Wildsmith
41 Nether Hall Road
Doncaster
DN1 2PG

professional@cravenwildsmith.co.uk or
Telephone 01302 36 86 86
Text 07702 040 660

Copyright © 2012  Craven Wildsmith. All rights reserved.