Landlords

Letting Property in Northampton
Landlords in Northampton

Our team of rental specialists are both knowledgeable and experienced in all aspects of residential property management, letting and maintenance. As professional residential letting agents, we are able to provide you with a cost-effective service that is second-to-none. We are also specialist in student accommodation, from purchase through to letting.

As landlords ourselves, we know how important it is to have a reliable, proactive and knowledgeable lettings agent. Our team of specialists are on hand to answer any questions you may have about the lettings process and would be happy to discuss any aspect of your requirements. Whether you are looking for a property suitable for the rental market, someone to take care of the property management or someone to advise on the financial or legal aspects, we are here to help.

Click on the links below to learn more.

Valuing Your Property

Rental assessments are free of charge and without obligation. We can arrange a visit to your property, at a time convenient for you, to discuss the achievable rent. The primary factors that may affect the rent achievable, are the condition of the property, its suitability, its location, whether it is to be let furnished or unfurnished, market conditions and the time of year.

Advertising

We aim to let your property quickly and seamlessly to the right tenant at the right price. Marketing includes property details and listing on our database which runs an active mailing list. The property will be also be displayed on our website as well as third party property websites. In addition, we would erect a To Let board at the property to maximise local interest.

Referencing

Once suitable tenants are found, they complete an application form which we then use to carry out a full credit assessment which checks the prospective tenant’s credit history, associated addresses and public records. We obtain an employment reference that confirms income and length of employment and finally, if applicable, we obtain a previous landlord’s reference. Only once satisfactory references have been received, will the tenancy be allowed to commence.

Local Housing Allowance

We are accredited with EMCAS which enables us to accept tenants on benefits via the local Councils. If you would like to learn more about accepting tenants in receipt of benefits, contact us today.

Inventory and Schedule of Condition

Before any tenancy begins we visit the property to compile a fully detailed inventory and schedule of condition. Photographs are taken where necessary. This document forms part of the tenancy agreement and its contents may be used as evidence in court should the need arise.

Gas and Electrical Safety

We will take responsibility for making sure the property meets all the legal requirements of the gas and electrical safety laws as well as fire and furnishing laws.

Signing Up and Moving In

The new Tenants are met at the property to go over the legal details, sign the tenancy agreement, verify the inventory of property contents and schedule of condition.

Property Visits

A property visit is carried out every three months. We check that the tenants are occupying the property in a tenant-like manner and complying with the terms of the agreement. A report is left at the property and a copy kept on file. The landlord is advised of any repair issues that are raised and any considered breaches of the tenancy agreement.

Repairs and Maintenance

We will advise of any actions required and if instructed to do so, will arrange and organise repairs using either contractors from our Approved Contractors list or the landlords preferred contractor. Invoices for repairs are deducted from rent received.

Tenancy Renewals

We will contact you during the fourth month of the tenancy for instruction on renewal. For example, to offer the existing tenants a further term or to issue notice to terminate. If we do not receive a response from the landlord we will then offer a renewal of tenancy.

Final Inspections

An inspection of the property will be carried out carried out once the tenant has vacated with the tenant preferably and whenever possible. The tenant is charged for any repairs and cleaning that is required that is considered beyond fair wear and tear. The landlord is notified of this and also advised on the on-going condition of the property and what is required to effect a quick re-let.

Fees

Full Management

Initial set up cost for every new set of tenants:

  • £200 plus vat for properties valued up to £750 pcm
  • £225 plus vat for properties valued over £750 pcm

This fee is paid in advance for arranging the tenancy.

In the event of a new tenant being required, an arrangement fee of the same amount shall be payable..

10% plus vat of the calendar monthly rent for full management throughout the period of the tenancy.

This includes full referencing of the tenants, Six month’s rent guarantee and legal cover, Written Inventory and Photographs, Protection of the deposit.

Quarterly property inspections and handling of all maintenance and tenancy issues throughout the tenancy.

Introduction Of Tenant Only

Introduction of tenant Only (no management)

  • £300 plus vat whichever is greater will be charged for an initial period of 6 months or a fee of one whole month’s rent for an initial period of 12 months plus.

Inventory Costs

  • Between £75 plus vat to £200 plus vat dependant on the size of the property.

Student Landlord Fees

  • Set up for new tenants £200.00 Plus Vat
  • Management 10% of rental income plus VAT
  • Tenant Find only half of one full months rent plus VAT (Not inclusive of Inventory Cost)

To learn more about our property lettings and management service, contact us today.