Landlords occasionally have the misconception that it is cheaper to self manage their property. North Tyneside Lettings is a letting agent managed by landlords for landlords; therefore we know the value and benefit of using the services of a letting agent.
North Tyneside Lettings can ensure a faster let to reduce void periods, provide rent collection services that reduces arrears and understand both tenant and landlord responsibilities to reduce maintenance costs. Our knowledge in these areas provides a cost effective service that is overall less expensive than self management.
Providing a rental valuation of the property and giving general advice as required.
Providing legal and health and safety information with regard to letting your property, in accordance with current legislation.
Advertising as necessary, interviewing and selecting tenants, arranging/carrying out viewings.
Taking up references and credit checks as appropriate.
Advising on the transfer of gas, electricity, and telephone accounts.
Collecting the first advance rental.
Drawing up a standard Assured Shorthold Tenancy Agreement and arranging signature by the tenant/s.
This fee will become payable upon the signing by the tenant/s of the Tenancy Agreement as above, and will be deducted from the monies received by us as above.
Competitive rates! There will be no VAT added.
FULL MANAGEMENT SERVICE
(a) Letting Fee equivalent. There is no vat added. Competitive rates! The prices are negotiable in certain circumstances.
(b) Plus a monthly Management Commission. Collection of rent and dealing with maintenance issues.
The Letting Fee will be payable for each agreement granted to new tenants.
(c) Preparation of Inventory
Charges for preparation of an inventory and schedule of condition are from a minimum of £80 depending on the size of the property. The Agent will be pleased to provide an estimate for the property upon request.
(d) Sale of Property
In the event of a tenant or prospective tenant introduced by The Agent completing the purchase of the property at any time, a commission will be payable by The Owner to The Agent equivalent to one and one half per cent of the selling price.
Independent redress provided by The Property Ombudsman Scheme
North Tyneside Lettings is not a member of The CMPS.