This is a bad idea …

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“Ban on letting agent tenant fees” 

 

Landlords hit as Chancellor shifts letting agent charges away from tenants

 

Despite the housing minister MP Gavin Barwell saying in September that it was a “bad idea” it was confirmed in the Chancellor’s, MP Phillip Hammond’s Autumn Statement of 23rd November that letting agents’ fees levied on tenants will be banned *as soon as possible. Prime Minister Theresa May has also voted against such a ban, twice, in the Commons.

Richard Price, executive director at the UK Association of Letting Agents (UKALA), said: ‘A ban on agent fees may prevent tenants from receiving a bill at the start of the tenancy, but the unavoidable outcome will be an increase in the proportion of costs which will be met by landlords, which in turn will be passed on to tenants through higher rents.’ 

The Letting People are proud members of UKALA, since 2002, and also members of government-accredited redress schemes – and, as such we are a company that is at the forefront of best practice.  Obviously we will continue to have to charge a fair and reasonable fee for the work that is done to maintain our high quality of services in full compliance for both the landlord and the tenant.  

Sadly, some less scrupulous letting and estate agents may have charged over-the-top tenant and landlord fees for many years – and have thereforebrought the lettings industry into disrepute. We will continue to work with our landlords to ensure that our fees remain reasonable and competitive – but sadly it is expected that the tenant services – currently covered by the tenant’s fees – will result in these costs being transferred to our landlords.  We will notify you as soon as possible what this will mean in terms of increased costs for you to consider inevitable reasonable rent increases.

*The Letting People await a clear directive on this – no exact details and timescales have been released yet.  As soon as we have clear guidelines on the exact measures that will be taken, we will announce these as quickly as possible.

If you would like to voice your opinion to your local MP about these

changes – please do get in touch with us.

The Letting People Leamington Spa accredited by Checkaprofessional.com

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We are delighted to announce that The Letting People Leamington Spa is now accredited with http://www.checkaprofessional.com/TheLettingPeople

We are really proud of the references received by checkaprofessional.com from some of our valued long term clients and accountants

A 2 bedroom ground floor flat in Warwick

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This spacious ground floor flat with 2 bedrooms, and a small courtyard garden is conveniently located between Warwick and Leamington’s town centres,

Key Features:

  • Courtyard garden
  • Spacious living room
  • Located between Warwick and Leamington Spa town centres
  • Owners furnishings may be available by separate negotiation

Asking price £140,000. More infromation available on Zoopla here: http://tinyurl.com/hpsu2wt

A High Specification 2 double-bedroom flat in Warwick

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This high specification, 2 double-bedroom, 1st floor stylish apartment, with a spacious living room, en-suite shower-room and bathroom, and allocated parking, is located in a development within walking distance of Warwick’s town centre, and the train stations. The apartment, fitted to an excellent standard, and has a high specification kitchen, with gas central heating and radiators, and double-glazing,

Asking price £190,000. More information on Zoopla here: http://tinyurl.com/jerbvwt

 

Letting your property? How to find the right service for you …

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… in less than 2 minutes, with this short video

 

 

 

 

 

 

What is really important to you about letting your property?

Perhaps it is …

  • More financial security for the future?

  • More guaranteed income – allowing you time to do more of what you love?

  • More satisfaction – knowing you are providing a good home for reliable tenants?

How much time do you have …

  • to chase rent payments and coordinate property repairs?

  • to answer your tenant’s phone calls and deal with email requests?

What concerns do you have …

  • about organising the legal and financial paperwork?

  • with tenancy renewals?

  • deposit returns?

  • and re-lets?

Who keeps you up-to-date …

  • with health & safety compliance?

  • with new legislation?

The Letting People want you to have more of the good things in life …. And to make sure you have less of the fuss of letting your property.

 

… just fill in the box, at the end of this page, with your details and we will contact you as soon as possible.

 

There are three levels of service designed to make being a landlord easier, and to provide you with more time to enjoy the benefits.

  1. The LET AND MANAGED service includes regular property visits in order to manage and maintain your property.  Legal, financial, and maintenance matters are dealt with on your behalf.

  2. The RENT COLLECT option handles the legal and financial aspects leaving you free to concentrate on any repair and maintenance issues.

  3. For those wanting to be more hands on, the SELF-MANAGED service simply helps to find your ideal tenant, allowing you to manage their day-to-day concerns and to build your relationship with them directly.

Whatever the most important thing is to you about letting your property, The Letting People can give you more of what you want and less of the fuss.  

 

Find out why hundreds of landlords trust The Letting People’s

  • expertise,

  • local knowledge, and

  • straightforward approach

Call today for a FREE appraisal of your property

    Leamington Spa:  01926 882555

or fill in the box below with your details, and we will contact you as soon as possible.

SOLD 1 bed ground floor flat in Leamington Spa

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SOLD A very well laid out and presented purpose built modern one bedroom ground floor apartment situated in a quiet residential location within easy to Leamington Spa’s town centre.

The property benefits from a recently fitted modern kitchen with built in oven and hob its own designated car parking and a living room that overlooks a lovely communal garden.
The property would be ideal for a first time buyer, investor or those requiring ground floor accommodation.

Asking price £125,000. Read more on Zoopla here at http://tinyurl.com/nlfgqw9

Looking for a longer term secure rental with guaranteed start date?

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Perhaps you're moving overseas, have a property that needs refurbishing to let out, or simply need the 'peace of mind' of the security of a longer term guaranteed rental start date. Then The Letting People may be able to help! Talk to us about our No Fee/Rent Guarantee scheme for complete peace of mind and let us let your property now. For an informal discussion, please email invest@thelettingpeople.co.uk. Please note that this service is only currently available at Leamington Spa branch.

SOLD ***Attention property investors*** A 1 bed ground floor canal side development flat in Warwick

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SOLD A well-presented, ground floor, one double bedroom, apartment overlooks the Grand Union Canal

Property features

Off street parking
Central heating
Double glazing
Waterfront
No chain
Allocated parking space
Close to A46/M40
Own private entrance door to footpath
Dishwasher, fridge-freezer, oven and hob included in sale

Built in 2006, this well-presented, ground floor, one double bedroom, apartment overlooks the Grand Union Canal. The property is well-positioned has a nearby, allocated parking space, and is within easy reach of Warwick town centre, two train stations, and with particularly easy access to the A46/M40.
 

Asking price £155,000. More information on Zoopla here: http://tinyurl.com/z3myjpd