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Frequently Asked Questions from landlords

How much will it cost me to let my property?

1. Inventory and check-in report

Inventory and check-in report, which should be organised before a tenant moves in. You should ask your estate agent if they can arrange this on your behalf. Costs will vary depending on the size of the property.

2. Energy Performance Certificate

It is a legal requirement to have commissioned an EPC before we can start marketing your property. You can contact your nominated engineer or we can arrange the document on your behalf by sending an approved engineer

3. Estate agent commission

Your estate agent's commission fee, which is usually payable when a tenant is introduced and enters into an agreement to let the property.

4. Who will conduct viewings on my property and when will they occur?

Your estate agent should accompany all viewings during their opening hours.

Are there additional marketing costs?

Your estate agent should include all marketing expenses within their commission fee

Do I need to be present?

If your estate agent is accompanying all viewings and they have the access codes and keys for your property your presence is not required

How much will it cost to have my property managed?

Your Property Management fee will be charged as a percentage of the rental price and is payable when the tenant will be signing the Tenancy Agreement.

How much is the tenant's deposit and what happens to it?

This is four to six weeks' rent and is payable upon the signing of the ‘Tenancy Agreement’. The deposit for an ‘Assured Short hold Tenancy’ should also be registered with a tenancy deposit protection scheme within a certain amount of time

How can I protect myself from property fraud?

There are a couple of simple measures which are recommended by both the Land Registry and Action Fraud that you can take to safeguard your property

How long does it take to receive my rent?

You should receive your rent within 3-5 working days of the rental due date each month