Griffins Estates Limited
Griffins Estates Limited

020 3837 0111

[email protected]

Landlord Fees

10% Letting Only Service- includes

  • Rental Valuation & Inspection
  • Advice to landlords on furnishings, health and safety issues and any maintenance recommendations.
  • Advertising & Marketing your property on our State of the Art website, UK's leading property portals, emailing and sms message details to all potential applicants along with newspaper advertising where appropriate.
    We accompany all viewings wherever possible
  • Extensive referencing of tenants who wish to rent your property, via the Maras Group, using an extensive 25 point verification check on each and every applicant, Maras also offer a range of enhanced financial security policies for landlords if applicable.
  • Preparation of the tenancy agreement/s.
  • Collection of initial rent and deposit.
  • Setting up standing order mandate for future rent subject to tenancy commencing.

 

12% Rent Collection

  • Rental Valuation & Inspection
  • Advice to landlords on furnishings, health and safety issues and any maintenance recommendations.
  • Advertising & Marketing your property on our State of the Art website, UK's leading property portals, emailing and sms message details to all potential applicants along with newspaper advertising where appropriate.
  • We accompany all viewings wherever possible
  • Extensive referencing of tenants who wish to rent your property, via the Maras Group, using an extensive 25 point verification check on each and every applicant, Maras also offer a range of enhanced financial security policies for landlords if applicable.
  • Preparation of the tenancy agreement/s.
  • Collection of initial rent and deposit.
  • Collection of rent on monthly basis and paid to landlord after deduction of agent fees.

 

15% Full Management

The complete service includes (all the above) plus:

  • A professionally prepared detailed inventory of contents and condition.
  • Arranging maintenance.
  • Dealing with day to day tenant problems that may arise.
  • Transfer of utility accounts, electric, gas, council tax and water.
  • Closing inspection and check out at end of tenancy.
  • Organizing return of deposit subject to the property being returned in a satisfactory condition.
  • Look to find suitable new tenants prior to expiry of the existing tenancy.

We do not belong to a Client Money Protection scheme

We are members of The Property Redress Scheme (PRS)

If the deposit is held by Griffins Estates Limited, All deposits held on Assured Shorthold Tenancies will be registered with DPS Deposits (www.depositprotection.com). Deposits on Company Tenancies or Non Assured Shorthold Tenancies will be held by us as Stakeholder.
 

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Letting Fee Information

Referencing Procedure

As soon as a suitable property has been found, you will need to complete reference application forms and pay a charge of £500.00 to secure the property and remove off the market, this is to ensure that the property is secure and reserved during the reference process. This amount will be deducted from the final payment if successful. We utilise the services of a credit-referencing agency to take up the following references, here is an example of just a few of the references sought:

Payment on agreed date

6 weeks holding deposit (This will be held by DPS- Deposit Protection Scheme) 1 Month Rent in Advance - (rent is worked out on a per calendar month basis), which is, if you are not aware; the weekly rent, multiplied by 52 weeks and divided by twelve months to give the per calendar month rental figure.

Check in Fee

Studio/1 Bedroom - £110.00
2 Bedrooms - £130.00
3 Bedrooms - £140.00
4 Bedrooms - £150.00
5 Bedrooms - £180.00
6+ Bedrooms - £200.00

Ps: A 10% surcharge will be applicable to houses (anything other than flats / apartments

Administration/ Reference Application

All administration/reference fees are due at the start of the application process once the offer has been verbally/written agreed and will secure the property for you subject to satisfactory references being received on behalf of all applicable tenants.

The administration fee covering preparation of the tenancy documentation and any other contract/administrative paperwork is £250.00. Credit check fee per person is £60.00

Should a guarantor be required then a further £80.00 payment per guarantor will be required. These fees are fully refundable in the event of the landlord withdrawing from the deal.

PLEASE NOTE THAT SHOULD YOUR REFERENCE APPLICATIONS BE UNSUCCESSFUL THEN THE REFERENCE FEE/S IS NON REFUNDABLE.

It is imperative that you disclose all relevant facts that may adversely affect your reference outcome, prior to entering into the above. It may save you money.

We do not belong to a Client Money Protection scheme

We are members of The Property Redress Scheme (PRS)

If the deposit is held by Griffins Estates Limited, All deposits held on Assured Shorthold Tenancies will be registered with DPS Deposits (www.depositprotection.com). Deposits on Company Tenancies or Non Assured Shorthold Tenancies will be held by us as Stakeholder.