LANDLORD PROPERTY EVALUATION
Request a free rental landlord appraisal and North Tyneside Lettings will provide you with a complimentary marketing analysis report to illustrate similar properties that have rented recently in the neighbourhood along with examples of our marketing material and our unique landlord guide.
We aim to let your property at the best possible price in the quickest time possible.
For any landlord the presentation of your property is vital to a successful let, first impressions count. Consider addressing any maintenance requirements, add a fresh coat of paint where necessary and try to de-clutter to make rooms appear larger.
North Tyneside Lettings receives tenant enquiries on a daily basis and therefore can market your property to a large database of tenants actively looking for a similar property to let along with established relationships with local companies and relocation agencies.
The North Tyneside Lettings website is innovative and fully mobile optimised and SEO enhanced to ensure a prominent position through relevant web searches. Along with our own website we subscribe to major portals such as Zoopla and Prime location.
Social media allows North Tyneside Lettings to be much more connected with our applicants and tenants and utilise Facebook and Twitter to market properties and provide up to date news, events and latest deals.
North Tyneside Lettings organise viewings that are at convenient times for the tenant and available both evenings and weekends to ensure a quick and efficient let of the landlord’s property.
North Tyneside Lettings conduct a thorough application process that includes full referencing on all tenants and guarantors. We use a reputable company to carry out full credit history checks, stability and affordability assessments including bank and employment references.
The landlord has final authority on the application approval and North Tyneside Lettings will provide you with an honest straight talking appraisal of the prospective tenant to ensure the landlord can make the appropriate decision.
On the landlord’s approval of the proposed tenant North Tyneside Lettings will ensure that all relevant paperwork such as the tenancy agreement, guarantor agreements and standing order are completed appropriately. All documentation, deposit and 1st month’s rent is paid prior to the handover of keys.
Inventories are an important aspect of any property letting and North Tyneside Lettings can provide these to any landlord.
Dependent on the level of service the landlord takes North Tyneside Lettings will notify the local council, utility companies etc of the change of tenancy and provide all relevant meter readings.
(a) Letting Fee equivalent to £400 for rentals valued up to £600pcm, £450 for rentals valued up to £700pcm and £500 for rentals valued over £700pcm. There is no vat added. These prices are negotiable in certain circumstances.
(b) Management Commission equivalent to 10 % of rental received ie £500 per calendar month would command a £50 management commission per month.
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) EPC – Energy Performance Certificate £80.00 No VAT
(e) CP12 – Yearly Gas Safety Check £60.00 No VAT
(f) 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.
(g) Renewal of Tenancy Agreement £40.00 No VAT
(h) Additional property visits requested by the landlord. £25.00 per visit.
(i) Annual financial statement if requested £40.00 No VAT
(j) Arranging redecoration/ refurbishment 5% of total invoice.
(j) North Tyneside Lettings does not have CMP.
Independent redress provided by The Property Ombudsman Scheme
North Tyneside Lettings is not a member of The CMPS.