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Properties Available
2 Bedroom flat £395 pcm
Tamworth town center refurbished flat over looking tamworth castle allocated parking long term lease only min 2 years. LET AGREED
3 Bedroom Town House £875 pcm
Birmingham center modern three storey, 3 bedroom, Georgian styled town house finished to a high standard and presented in excellent decorative order. Located on the very popular development, itself within a good school catchment area, the property also benefits from: living room, kitchen, family/dining room, en-suite to master bedroom, family bathroom, garage and gardens early viewing is highley recommended. LET AGREED
3 Bedroom Town House £675 pcm
Sutton coldfield walmley area Min 12 months lease,
perfect decor throughout front and rear gardens off road parking.
LET AGREED
5 Bedroom Detached £975 pcm
Lichfield area close to town center lots of space and large rear garden
3 double bedrooms two bathrooms private office. LET AGREED
3 Double Bedrooms Semi £850 pcm
Tamworth area in the suburbs front and rear gardens off road parking
a real character property downstairs extended. LET AGREED
4 Bedroom Detached £1200 pcm
Solihull area close to town center
Located towards the end of a cul-de-sac, this substantial four bedroom detached home offers spacious family accommodation. Comprising: Kitchen/Breakfast Room, Utility, Living Room, Dining Room, Study, Master Bedroom with En Suite, Guest Bedroom with En-Suite, Three Further Bedrooms, and additional Family Room spanning 22 ft in length. Parking is provided on the private drive with detached double garage and established gardens. LET AGREED
3 Double Bedroom Detached £950 pcm
2 Mins Moore hall School, Walking distance Mere Green Bars, Restaurants, Shops all mod cons large rear garden,
Available 22 July 6 months Rent only.
WANTED MORE PROPERTIES
Birmingham........ 0121 330 0868
Tamworth........... 01827 340893
Lichfield.............. 01543 580891
Mobile 075767 55405 Free Valuation
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A letting agent is a unitid kingdom term for a facilitator through which an agreement is made between a landlord and tenantfor the rental of a residential property
In the UK the agreement between landlord and tenant is normally formalised by the signing of a tenancy agreement. A letting agency will normally charge a commision for their services, usually a percentage of the annual rent.
Letting agents will often operate under the umbrella of an Estate Agentsdue to the synergies that exists between the two professions, but there are many agents that deal exclusively with lettings
Although there are two main types of renting, letting agents deal primarily with tenancies between private individuals and landlords.
Services and fees
Services offered by lettings agents usually break down in to three parts:
The basic service is the introduction of a Landlord to a tenant. The cost to the Landlord for this service is normally a percentage of the total rent over the term of the tennancy and is charged up-front. The commission for this service is normally between 1% - 5%
Tenants are charged a so-called "administration fee" up-front. This includes the processing of the application, and usually involves prospective tenants undergoing credit searches. Fees can vary widely, and can range from £50.00 - £300.00. Often fees are non-refundable, unless the landlord withdraws from the process.
Many agents will offer to collect the rent from a tenant for an additional 2-3% commission calculated as above.
Full Management is the term most often used to describe the day-to-day management of a rental property. Many agents provide this service on properties which they have let for a commission of between 7% and 12.5%. This part of the commission is normally charged monthly.
A renewal fee will normally be charged if the tenant extends or renews their tenancy. This tends to be at a slightly lower rate than the original introduction fee. Additional charges are often made for drawing up the Assured shorthold tennancy agreement and protecting the tenant’s deposit to comply with the legislation. Renewal fees can vary in cost, form £30.00 to over £100.00.
An increasing number of letting agents are charging an ever-expanding range of fees, especially toward tenants. A typical breakdown of these fees is listed below -
Administration fee - see above
Inventory fee - A separate fee often imposed by the letting agent, involving a physical check of the proposed rental property
Tenancy extension/renewal fee - see above
Exit fee - similar to the inventory fee, a final inspection carried out by the agent/landlord
There are currently no statutory arrangements regarding the regulation of letting agents. Around half of UK lettings agents are currently self-regulated. The principle organisations for lettings agents are the (ARLA) and the (RICS). These have codes of practice and compliance controls which govern the activities of their members.
The English government also provides its own accrediting body for letting agents, this body is called NALS
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