October 2024

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Should You Rent or Buy a Home?

Deciding whether to rent or buy a home can be a challenging decision. For some, the goal of homeownership is a dream of stability and investment. For others, the flexibility and lower upfront costs of renting offer more freedom and fewer financial commitments. This guide explores the benefits and drawbacks of each option to help you make the best choice for your circumstances. Pros and Cons of...

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First-Time Buyer Schemes for 2024

Buying your first home is an exciting journey, but rising costs can make it feel daunting. Thankfully, there are several government and developer-backed schemes designed to help first-time buyers step onto the property ladder. Here's an overview of the primary options available in 2024, each tailored to address specific challenges and financial needs in today’s housing market. 1. Mortgage Guarantee...

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Landlord Fees

One Months Rent plus VAT (of the achieved monthly rent)

  • Advertising and marketing
  • Arrangement of required safety and compliance certificates
  • Accompanied viewings
  • Negotiating tenancy offers
  • Full credit/reference checking of potential tenants
  • Collecting first months rent and deposit from the tenant
  • Arranging signature of the tenancy agreement by the tenant
  • Provide copy documentation to landlord and tenant
  • Provide tenant with method of payment information for future rents

Set-up fee 60% inc VAT (of the achieved first first months rent)

Rent Collection Fee 8% inc VAT per calendar month, gross rents due.

  • Advertising and marketing
  • Arrangement of required safety and compliance certificates
  • Accompanied viewings
  • Negotiating tenancy offers
  • Full credit/reference checking of potential tenants
  • Collecting first months rent and deposit from the tenant
  • Arranging signature of the tenancy agreement
  • Collect and remit the monthly rent received
  • Deduct commission and other works
  • Pursue non-payment of rent and provide advice on rent arrears actions
  • Make any HMRC deduction and provide tenant with the NRL8 (if relevant)
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