Lords Property offers a guaranteed rent scheme, providing a full property management service to landlords ranging from single properties to entire portfolios, and are able to offer the following:
When we take on a property, we provide a full management service, we deal directly with the tenants so you don¹t have to, and we don¹t charge anything for the service.
Signing a lease for a fixed period gives you added security, meaning you can relax in the knowledge we will be managing your property and paying you rent for 1,3 or 5 years whether the property is occupied or not.
If you give us a property to rent under the Guaranteed Rent Scheme you can have the peace of mind that you will receive your rent from us for the entire period of the lease. You will not have to worry about tenants falling into arrears with their rent, or for periods where the property is unoccupied, we pay you regardless of the situation.
On completion of the lease period if you decide you want your property returned we take responsibility to re-house the tenants and guarantee the return the property with vacant possession.(Terms and conditions apply)
Lords Property Guaranteed Rent is a trading name of Avraam Real Estate Ltd who offer 3-5-year guaranteed rents.
We are open and transparent with our charges and fees, WE DO NOT CHARGE VAT
In addition to the above:
In addition to the above:
For your peace of mind, we will conduct a fully comprehensive referencing for the prospective tenants using LETSURE OR HOMELET.
The tenant will be responsible for the payment of gas, electricity, water, telephone, council tax and television licence. (Unless otherwise agreed and stated)
As the landlord you are still responsible for the payment of service charges and ground rent in leasehold properties and buildings insurance on Freehold properties.
As a landlord you are required to pay tax on any net income and you must liaise with the Inland Revenue to do this. Some expenses are tax deductible such as agency fees, accountants and legal fees, ground rent, service charge, insurance loan interest, repairs and renovation, wear and tear on furnishing.
Most tenancies are classed as Assured Shorthold Tenancies. Under the Housing Act 1998 (as amended 1996) landlords have more rights to possession than with tenancies commencing prior to the Acts and procedures for possession are now quicker and simpler (provided the process is carried out correctly).
There is no minimum period for an Assured Shorthold tenancy; however, we recommend that the tenancy is for not less than six months.
Most tenancies are drawn up for a period of twelve months, some have break clauses. A break clause allows either party to terminate the agreement with two months’ notice after an initial period of six months the notice may be served. We will be happy to discuss the pros and cons of different time periods with you.
Included in the fees stated above.
When we are instructed to transfer funds overseas there will be a charge of £30.
When we are required to attend the property outside the terms of our contractual obligations, including attending for deliveries or waiting for contractors, there is a charge of £50.
Upon your instruction we will arrange for an energy assessor to visit the property, assess the energy rating and issue the certificate at a cost of £90.
Upon your instruction we will arrange for a registered engineer to visit your property and carry out the relevant safety checks before issuing the certificate which will cost £60.
A fee of £300 is payable if you agree to end the Tenancy Agreement early in order for one or more Tenants, but not all Tenants, to surrender the tenancy.
A fee of £380 is paid to draw up the tenancy agreement, collect references on the new tenant, protect the security deposit with a government-authorised scheme and provides the tenant(s) with a Deposit Certificate and Prescribed Information.
A fee of £240 is paid in order to negotiate contracts, amend and update terms, arrange a further tenancy and re-register the security deposit with a government-authorised scheme. It provides the tenant(s) with a Deposit Certificate and Prescribed Information within 30 days of the start of the tenancy.
Lords Property Lettings Ltd has a client money account with HSBC bank UK PLC.
Lords Property is member of CLIENT MONEY PROTECT and our memberships number is CMP006524, which means your funds are securely protected.
Please click here to see the Client Money Protection certificate
The National Federation of Property Professionals (NFoPP) Awarding Body is committed to raising standards within the property profession through the provision of regulated, nationally recognised qualifications across a range of levels.
The NFoPP Awarding Body is an independent organisation and is recognised by the Office of the Qualifications and Examinations Regulator (Ofqual) and Qualification Wales. We also offer SCQF accredited qualifications in Scotland. This means we follow strict guidelines and maintain quality standards in the provision of all our qualifications.
Lords Property is an approved member of property ombudsman full membership, which means if you have a dispute that we could not solve between us you can go to the property ombudsman details below
The deposit will go into the Deposit Protection Service upon payment and will be held in the scheme until the end of the tenancy. The scheme is a government run programme that protects the tenant and landlord against any discrepancies with the deposit. If an issue arises, the DPS will investigate further and deduction can be made against the tenant for any damage, taking into account fair wear and tear. Deposit must be in a government approved scheme within 28 days of signing the tenancy. If there is a dispute or you would like us to deal with the return of the deposit, a minimum £50 charge is payable if not using fully managed service.
