Explore the finer details of what we can offer to landlords (VAT will be added on top of the fees shown below).
Please note a minimum fee of £960.00 is payable if any of the services are used.
As a landlord with Lords Property, you can trust us to manage your investment with professionalism, ensuring reliable tenants and maximizing your rental income with ease.
As a landlord, you have duties that you may need to be aware of. Please click on the link, which takes you to the government-published HOW TO LET guidance.
Get a free valuation of your property.
A Let Only service is designed for landlords who prefer to manage their rental properties independently but need help finding the right tenants.
Our Rent Collection service is ideal for landlords who want support managing the financial aspect of their rental property.
A Property Management service is perfect for landlords seeking a hassle-free rental experience.
Lords Property offers a guaranteed rent scheme, providing a full property management service to landlords ranging from single properties to entire portfolios.
Explore the finer details of what we can offer to landlords (VAT will be added on top of the fees shown below).
Please note a minimum fee of £960.00 is payable if any of the services are used.
In addition to the above:
In addition to the above:
These terms may be subject to change so please check with member of staff before signing any agreement.
In addition to the above:
In addition to the above:
These terms may be subject to change so please check with member of staff before signing any agreement.
Lords Lettings 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 tenants pay 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 subject to terms and conditions. You will not have to worry about tenants falling into arrears with their rent.
Subject to terms and conditions and new renters rights law. If a property is vacant you have the right to regain possession with 1 weeks notice even tough the term of the contract is longer. These terms may change so please check with member of staff before signing any agreement.
Explore what else we offer to landlords and the things you need to consider when letting property.
Please note that VAT will be added on top of the fees shown below.
We strongly advise our Landlords to carry out a full inventory for each separate tenancy. The purpose of checking an inventory is to establish damages which can only be done if descriptions and conditioning remarks are sufficiently detailed at the commencement of the tenancy and then at the end of the term.
Under the terms of the tenancy agreement, the tenant is required to return the property and contents at the end of the tenancy in the same condition as they were at the commencement, fair wear and tear accepted. It is almost impossible to ascertain whether damage was caused during a tenancy without a proper inventory signed by all relevant parties.
We can arrange one if required for £150.00 one off payment for up to 3-bedroom properties. For larger properties this can go up to £240.00
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 £95.
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 £95.
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.
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.
Consent to let
If you have a mortgage or other secured loan on the property, you must obtain permission from your lender before commencement of the tenancy. If the rental property is leasehold, you must obtain permission from the freeholder or managing agents to rent the property out.
You must have buildings insurance on the property and preferably landlord’s buildings and contents insurance. You must inform your insurance company you will be renting out the property. If the property is jointly owned, we must have permission from any joint owners and they should be named on the tenancy agreement.
Utilities
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.
Tax
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.
Tenancy Agreements
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.
Periodic tenancies
Taking effect on May 1, 2026, the Renters’ Rights Act in England abolishes fixed-term contracts and “no-fault” (Section 21) evictions, moving all tenancies to secure, rolling monthly agreements. Tenants gain greater flexibility to leave with two months’ notice, while landlords must use specific, valid grounds for possession. The act bans rental bidding wars, limits rent increases to once per year, and allows tenants to request pets.
Key Changes to Tenancy Agreements
For further information on the above, please contact us.
We strongly advise our Landlords to carry out a full inventory for each separate tenancy. The purpose of checking an inventory is to establish damages which can only be done if descriptions and conditioning remarks are sufficiently detailed at the commencement of the tenancy and then at the end of the term.
Under the terms of the tenancy agreement, the tenant is required to return the property and contents at the end of the tenancy in the same condition as they were at the commencement, fair wear and tear accepted. It is almost impossible to ascertain whether damage was caused during a tenancy without a proper inventory signed by all relevant parties.
We can arrange one if required for £150.00 one off payment for up to 3-bedroom properties. For larger properties this can go up to £240.00
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 £95.
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 £95.
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.
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.
Consent to let
If you have a mortgage or other secured loan on the property, you must obtain permission from your lender before commencement of the tenancy. If the rental property is leasehold, you must obtain permission from the freeholder or managing agents to rent the property out.
You must have buildings insurance on the property and preferably landlord’s buildings and contents insurance. You must inform your insurance company you will be renting out the property. If the property is jointly owned, we must have permission from any joint owners and they should be named on the tenancy agreement.
Utilities
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.
Tax
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.
Tenancy Agreements
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.
Periodic tenancies
Taking effect on May 1, 2026, the Renters’ Rights Act in England abolishes fixed-term contracts and “no-fault” (Section 21) evictions, moving all tenancies to secure, rolling monthly agreements. Tenants gain greater flexibility to leave with two months’ notice, while landlords must use specific, valid grounds for possession. The act bans rental bidding wars, limits rent increases to once per year, and allows tenants to request pets.
Key Changes to Tenancy Agreements
For further information on the above, please contact us.
Lords Property Lettings Ltd (trading as Lords Property)
Company Number: 09395477
VAT Number: 491838157
Member of The Property Ombudsman
Avraam Real Estate Ltd (trading as Lords Guaranteed Rent)
Company Number: 08234152
Approved under a redress scheme with The Property Ombudsman
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