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Letting Advice and Fees

 

  • The interior and exterior should be clean and in good decorative order
  • Furnishing should be in a sound, legally safe and serviceable condition
  • All electrical wiring, pipe work, heating systems and appliances should be in a safe working condition. If possible, arrange maintenance contracts
  • The landlord must make sure that all gas pipe work and appliances comply with the Gas Safety (Installation & Use) Regulations 1994. On an annual basis - a Corgi registered gas fitter must provide written proof of safety by issuing a landlords certificate, CP12. Tenants must be provided with a copy of this certificate. next2let do need a copy of this certificate before they can allow any tenant to sign a lease.
  • Get permission from your mortgage lender to let property (if you do not have a buy-to-let mortgage). Some tenants ask for written proof that this permission has been obtained because without it their tenancyagreement could be invalid.
  • Ensure that your property and contents are adequately insured and that you have advised your insurers of your intention to let.
  • Just before letting a property, clean the interior thoroughly and tend to the gardens. This will help set the standards you expect to be maintained by your tenant.
  • Install smoke detectors on each floor of the property. Remove any toxic and/or highly inflammable substances.

 

Letting Fees to: Tenants

All leases are subject to suitable references and credit checking. When a Tenant finds a property they would like to proceed with, next2buy ltd. require a £100.00 holding fee. Once a holding fee is received referencing checks are carried out. Holding fees are non-refundable and non-transferable. Should the reference checks not be accepted for any reason or the applicant withdraws from the property the holding fee would be forfeited. If the applicant is accepted the holding fee will be deducted from the final balance required. Please note there is a deadline of 15 days from application to supply all documents and information. After this time the property will be advertised to let and the holding deposit will be forfeited.

 

Standard tenant fees are as follows:

  • 1 x Months rent in advance
  • Property Deposit/Bond (typically equivalent to 1 month’s rent plus £50.00)

     

Example:

Property rental price: £400.00 per calendar month

1st Month Rent  £400.00
Property Deposit  £450.00
Total  £850.00
Minus Holding Fee -£100.00  
Balance Payable  £750.00

 

Letting Fees to: Landlords

next2buy ltd. offer a Tenant find only service which is charged as follows:

Tenant find only:

  • Includes:
    • Finding the tenant
    • Reference and credit checking
    • Providing tenant with method of payment
       
  • Fees:
    • 100% of 1st months rent plus VAT at current rate
       
  • Example:

    • Property rental price £400.00 per calendar month
    • Total payable to next2buy ltd. is £480.00

 

Fully Managed Service

Fully managed services offered via Mansons please refer to their website for fees.

 

www.mansons.net                 

            

If you would like any further information please ask a member of staff.

next2buy limited is an ARLA Licensed Member Licence No.: M0043763
Client money protection (CMP) provided by: ARLA
Independent Redress provided by: TPOs

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