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No Vat Monthly Fees from only 5.5% to 8.5% (Maximum)
Full Professional Property Management
No Let No Fee - No Re Letting Fees
Free Rental Valuations

Landlords Welcome to Ashcourt, Letting Agents Nottingham, whatever your reasons for Letting your Property we will make the whole process fast, efficient, and as profitable as possible for you.

As a family business we are friendly, professional, and dedicated Letting Agents, and we always value our Landlords and Tenants equally.

We are totally flexible with the Service we can offer our Nottingham Lettings clients, and will always tailor these to fit your personal needs and requirements.

If you need a reliable Nottingham Letting Agent then contact the local experts. As an Independent  Property Management Agency we specialise solely in Residential Lettings..

Whether you have a house, flat, or apartment to rent in Nottingham we will quickly market and find or match up the right professional tenants for you from our database of waiting clients.

We Let and Manage residential properties in the following areas of Nottingham. Nottingham City, Arnold, Basford, Carlton, Colwick, Gedling, Mapperley, Netherfield, Sherwood, Woodthorpe, West Bridgford, Wollaton and many others nearby.

For Property owners with Lettings in Nottingham: 'to have your property Let & Managed' check out our great value, Low Rate, Full Management services, our fully transparent fee structure is just below.

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We offer some of the very best (No Vat) Fees Available in Nottingham Today

Our Fees:

 

 

 

ALL OUR FULL MANAGEMENT FEES ARE BASED ON RENTAL INCOME LEVELS,
IF YOU ARE UNSURE AS TO WHAT YOUR RENTAL INCOME IS OR LIKELY TO BE, THEN JUST GIVE US A QUICK CALL FOR A ‘FREE’ NO OBLIGATION RIGHTMOVE RENTAL VALUATION’ ……. REMEMBER ‘NO VAT’ CHARGES!!


THE FOLLOWING TABLE GIVES A CLEAR GUIDE AS TO OUR GREAT VALUE FEE STRUCTURE

MONTHLY RENTAL INCOME UP TO £650 OUR FEE:  8.5%  NO VAT
MONTHLY RENTAL INCOME £651 - £800 OUR FEE:  8%  NO VAT
MONTHLY RENTAL INCOME  £801 - £950  OUR FEE:  7.5%  NO VAT
MONTHLY RENTAL INCOME  £951 - 1100 OUR FEE:  7%  NO VAT
MONTHLY RENTAL INCOME  £1101 - 1250 OUR FEE:  6.5%  NO VAT
MONTHLY RENTAL INCOME  £1251 - 1400 OUR FEE:  6%  NO VAT
MONTHLY RENTAL INCOME  £1401+ OUR FEE:  5.5%  NO VAT

 

PLEASE NOTE THAT WITH ALL NEW INSTRUCTIONS WE CHARGE A  SMALL  GENUINE ‘ONE OFF’ LETTING FEE OF JUST £150 (NO VAT) AND WE GUARANTEE YOU WILL NEVER PAY THIS AGAIN

• NO FUTURE / RE LETTING  FEES

• FREE TENANCY RENEWAL AGREEMENTS

• FREE INVENTORY & SCHEDULE OF CONDITION WITH PHOTOGRAPHY

• FREE RENTAL VALUATIONS

• FREE TENANT CHECK IN SERVICE

• FREE QUARTERLY INSPECTIONS WITH ACCURATE REPORTS

• NO LET NO FEE

(MINIMUM MONTHLY MANAGEMENT FEE: £38 INCLUSIVE)

 

NO MONEY UP FRONT & STRICTLY ‘NO LET NO FEE’

 

SERVICE

Our service is strictly “No Let No Fee” you only pay us when we have delivered a successful and satisfactory Letting, “No Risk”

NO VAT Charges " Giving you an even greater return on investment”

Free and no obligation valuation using factual recent local evidence

Free Landlords (full) information pack

Free Marketing and advertising of the property with full description and photographs on Rightmove and 14 other Property Web Sites

Free to let board if required

Free professional advice

Free Tenancy renewal agreements

Free Tenancy check in service

Free comprehensive credit & reference checks on every Tenant

AN INDEPENDENT FAMILY FIRM

As a Family business we are hands on, No red tape or “jobsworth” corporate policies. This means that we only get paid on results, you can be sure we have the incentive to work hard for you.

 

OPEN 6 DAYS A WEEK

We are open from 9am till 8pm Monday to Saturday.

 

THE AREAS WHERE WE EXCEL

We specialize in letting houses, apartments & Flats in the North Nottingham City Areas of: Arnold, Mapperley, Sherwood, Woodthorpe, Carlton, Gedling, Netherfield, Basford, and surrounding areas.

We urgently require more properties in the above areas. We always have tenants waiting on our register.

 

WHAT LANDLORDS WANT

Common questions asked by our Landlords:

  • How long would it take to let my property?

  • What type of tenants do you have looking at present?

  • How do I make my property more attractive to tenants?

  • Should I have my property furnished or unfurnished?

Finding tenants for your property isn't the hardest of tasks; however finding the right tenants for your property is a very important mix. Let ASHCOURT help you.

 

LANDLORDS – WHY USE ASHCOURT LETTINGS?
  • We give 100% Client Satisfaction

  • A Fast Response, your property is listed within 24 hours of instruction

  • We're Honest & Realistic we price properties to let and then do our utmost to rent them quickly, we don't just tell you what we think you want to hear to get your instruction

  • We will handle everything - Finding the right tenants, handling all the administration, collecting the deposits and rents, checking the property before, during and after a tenant leaves your property and quickly finding a new tenant for any of your vacant properties - we will handle the entire process from start to finish.

  • Maximize Your Investment

  • We ensure that you get the maximum return from your investment by providing a free assessment to make sure you are getting the highest possible rent.

  • We only accept a small number of properties so that each of your properties gets the right resources, and the time and attention required to be let quickly and to the right quality of tenant.

Call us now on: 01159 530 575 / 07860 333 650

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(VIEW OUR LANDLORDS GUIDE> CLICK HERE)

Before a property can be let, there are several matters which the owner will need to deal with to ensure that the tenancy runs smoothly, and also that he/she complies with the law. We provide summarised information below. If you require further advice or assistance with any matter, please do not hesitate to contact us:

Preparing the Property

We have found that a good relationship with Tenants is the key to a smooth-running tenancy. As Property Managers this relationship is our job, but it is important that the Tenants should feel comfortable in their temporary home, and that they are receiving value for their money. It follows therefore that a well presented and maintained property in a good decorative order will go towards this, whilst also achieving a higher rental figure. Tenants are also more inclined to treat such a property with greater respect.

General Condition

Electrical, gas plumbing, waste, central heating and hot water systems must be safe, sound and in good working order. Repairs and maintenance are at the Landlords expense unless misuse can be established. Interior decorations should be in good condition and preferably plain, light and neutral.

Furnishings

Your property can be let fully furnished, part furnished or unfurnished. Which of these is appropriate will depend on the type of property and local market conditions. We will be pleased to give you advice on whether to furnish or not and to what level. As a minimum you will need to provide decent quality carpets, curtains and light fittings. Remember that there will be wear and tear on the property and any items provided.

Personal items, ornaments etc.

Personal possessions, ornaments, pictures, books etc. should be removed from the premises, especially those of real or sentimental value. Some items may be boxed, sealed and stored in the loft at the owner's risk. All cupboards and shelf space should be left clear for the Tenant's own use.

Gardens

Gardens should be left neat, tidy and rubbish free, with any lawns cut. Tenants are required to maintain the gardens to a reasonable standard, provided they are left the necessary tools. However, few Tenants are experienced gardeners, and if you value your garden, or if it is particularly large, you may wish us to arrange visits by our regular gardener.

Cleaning

At the commencement of the tenancy the property must be in a thoroughly clean condition, and at the end of each tenancy it is the Tenants' responsibility to leave the property in a similar condition. Where they fail to do so, cleaning will be arranged at their expense.

Information for the Tenant

It is helpful if you leave information for the Tenant, e.g. on operating the central heating and hot water system, washing machine and alarm system, and the day refuse is collected etc.

Keys

You should provide one set of keys for each Tenant. Where we will be managing we will arrange to have duplicates cut as required.

Other Considerations

Mortgage

If your property is mortgaged, you should obtain your mortgagee's written consent to the letting. They may require additional clauses in the tenancy agreement of which you must inform us.

Leaseholds

If you are a leaseholder, you should check the terms of your lease, and obtain any necessary written consent before letting.

Insurance

You should ensure that you are suitably covered for letting under both your buildings and contents insurance. Failure to inform your insurers may invalidate your policies. We can advise on Landlords Legal Protection, Rent Guarantee Cover and Landlords Contents and Buildings Insurance if required.

Bills and regular outgoings

We recommend that you arrange for regular outgoings e.g. service charges, maintenance contracts etc. to be paid by standing order or direct debit. However where we are managing the property, by prior written agreement we may make payment of certain bills on your behalf, provided such bills are received in your name at our office, and that sufficient funds are held to your credit.

Council tax and utility accounts

We will arrange for the transfer of Council Tax and utility accounts to the Tenant. Meter readings will be taken, allowing your closing gas and electricity accounts to be drawn up. All these matters we will handle for you, however British Telecom will require instructions directly from both the Landlord and the Tenant.

Income tax

When resident in the UK, it is entirely the Landlords responsibility to inform the Revenue & Customs of rental income received, and to pay any tax due. Where the Landlord is resident outside the UK during a tenancy, he will require an exemption certificate from the Revenue & Customs before he can receive rental balances without deduction of tax. Where we are managing the property we will provide advice and assistance on applying for such exemption.

The inventory

It is most important that an inventory of contents and schedule of condition be prepared, in order to avoid misunderstanding or dispute at the end of a tenancy. Without such safeguards, it will be impossible for the Landlord to prove any loss, damage, or significant deterioration of the property or contents. In order to provide a complete Service, we will if required arrange for a member of staff to prepare an inventory and schedule of condition, at the cost quoted in our Agency Agreement.

What is an Assured Shorthold Tenancy?

Most tenancies will automatically be Assured Shorthold Tenancies (ASTs), provided the rent is under £25,000 a year and the property is let to private individuals. Tenancies are usually granted for an initial fixed term of either 6 to 12 months. When the fixed term has expired the landlord is able to regain possession of the property provided he gives two months written notice to the tenant. In addition, if the tenant owes at least 2 months or 8 weeks rent on the property he can apply through the court to seek a possession order.

Health and Safety, and other Legal Requirements

The following requirements are the responsibility of the owner (Landlord). Where we are managing the property they are also our responsibility. Therefore where we are managing we will ensure compliance, any costs of which will be the responsibility of the landlord.

Gas

Annual safety check: Under the Gas Safety (Installation and Use) Regulations 1998 all gas appliances and flues in rented accommodation must be checked for safety within 12 months of being installed, and thereafter at least every 12 months by a Gas Safe registered engineer.

Maintenance: There is a duty to ensure that all gas appliances, flues and associated pipework are maintained in a safe condition at all times.

Records: Full records must be kept for at least 2 years of the inspections of each appliance and flue, of any defects found and of any remedial action taken.

Copies to tenants: A copy of the safety certificate issued by the engineer must be given to each new tenant before their tenancy commences, or to each existing tenant within 28 days of the check being carried out.

Important -- Changes to Gas Safety Law - CORGI scheme discontinued
On the 1st April 2009 the Gas Safe Register replaces the CORGI gas registration scheme. From this date all gas engineers will be legally required to have registered with the Gas Register. It is illegal for anyone who has not registered to work on gas appliances or installations.

Those that have been registered will have been issued with a Gas Safe Registration ID Card and their own unique licence number. The card will have a photograph and hologram and consumers will be able to verify it on the Gas Safe Register website at http://www.GasSafeRegister.co.uk or by phone on 0800 408 5500.

The front of the card will also include the start and expiry date and the reverse will show what work the engineer is qualified to carry out and what appliances they can work on e.g. gas fire, boilers, cookers etc.

Electrical

There are several regulations relating to electrical installations, equipment and appliance safety, and these affect landlords and their agents in that they are 'supplying in the course of business'. They include the Electrical Equipment (Safety) Regulations 1994, the Plugs and Sockets Regulations 1994, the 2005 Building Regulation - 'Part P, and British Standard BS1363 relating to plugs and sockets. Although with tenanted property there is currently no legal requirement for an electrical safety certificate (except in the case of all HMOs) it is now widely accepted in the letting industry that the only safe way to ensure safety, and to avoid the risk of being accused of neglecting your 'duty of care', or even of manslaughter is to arrange such an inspection and certificate.

Fire

The Furniture and Furnishings (Fire) (Safety) Regulations 1988 (amended 1989 & 1993) provide that specified items supplied in the course of letting property must meet minimum fire resistance standards. The regulations apply to all upholstered furniture, beds, headboards and mattresses, sofa-beds, futons and other convertibles, nursery furniture, garden furniture suitable for use in a dwelling, scatter cushions, pillows and non-original covers for furniture. They do not apply to antique furniture or furniture made before 1950, bedcovers including duvets, loose covers for mattresses, pillowcases, curtains, carpets or sleeping bags. Items which comply will have a suitable permanent label attached. Non-compliant items must be removed before a tenancy commences.

Smoke Alarms

All properties built since June 1992 must have been fitted with mains powered smoke detector alarms from new. Although there is no legislation requiring smoke alarms to be fitted in other ordinary tenanted properties, it is generally considered that the common law 'duty of care' means that Landlords and their Agents could be liable should a fire cause injury or damage in a tenanted property where smoke alarms are not fitted. We therefore strongly recommend that the Landlord fit at least one alarm on each floor (in the hall and landing areas).

Is your property a House in Multiple Occupation (HMO)?

If your property is on 3 or more levels and let to 5 or more tenants comprising 2 or more households (i.e. not all of the same family) it will be subject to mandatory licensing by your local authority. Whether mandatory licensing as above applies or not, if there are 3 or more tenants not all related in any property, it is still likely to be an HMO, and special Management rules apply. Learn more here: http://www.communities.gov.uk/publications/housing/licensinghouses

The Housing Health and Safety Rating System (HHSRS)

The HHSRS provides an analysis of how hazardous a property is through assessment of 29 potential hazards found in housing. Landlords have to maintain their properties to provide a safe and healthy environment. The HHSRS is enforced by local authorities. For further information visit http://www.communities.gov.uk/hhsrs

The Tenancy Deposit Scheme

From 6 April 2007, all deposits taken by landlords and letting agents under Assured Shorthold Tenancies (ASTs) in England and Wales must be protected by a tenancy deposit protection scheme. Landlords and letting agents must not take a deposit unless it is dealt with under a tenancy deposit scheme. To avoid any disputes going to court, each scheme will be supported by an alternative dispute resolution service (ADR). Landlords and letting agents will be able to choose between two types of scheme; a single custodial scheme and two insurance-based schemes. You can learn more on the government website, which includes an overview of the requirements, and also links to the sites of the companies running the various schemes:

http://www.direct.gov.uk/en/TenancyDeposit/index.htm.

The Disability Discrimination Act 2005

The DDA 2005 addresses the limitations of current legislation by extending disabled people's rights in respect of premises that are let or to be let, and commonhold premises. Landlords and managers of let premises and premises that are to let will be required to make reasonable adjustments for disabled people. Under the new duties, provided certain conditions are met (for example, that a request has been made), landlords and managers of premises which are to let, or of premises which have already been let, must make reasonable adjustments, and a failure to do so will be unlawful unless it can be justified under the Act. Landlords will only have to make reasonable adjustments. And they will not have to remove or alter physical features of the premises. Learn more here: >>> http://www.dwp.gov.uk/aboutus/dda_factsheet4-premises.pdf

Energy Performance Certificates (EPCs)

From 1st October 2008 landlords in England and Wales offering property for rent will be required by law to provide prospective tenants with an Energy Performance Certificate for their property. In Scotland EPCs for rental properties will be required by January 2009. The certificates must be provided free either when (or before) any written information about the property is provided to prospective tenants or a viewing is conducted. A new certificate will not be required on each let since, in the case of rental property, EPCs will be valid for 10 years. The requirement is being introduced to comply with the EU’s Energy Performance of Buildings Directive (EPBD) which applies to all property, including rented property. We can arrange an EPC inspection for our landlord clients upon request.

Some relevant links:

Directgov.co.uk website:
Energy Performance Certificates for homes
The Home Information Packs (No 2) Regulations 2007:
Home Information Pack (No 2) Regulations 2007
OPSI.gov.uk website:
Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007
One of many private firms offering EPC assessments:
Landlords EPC
HCR Register website:
HCR Register

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Insurance

As appointed introducers for several insurance companies we are able to offer a variety of insurance policies for both landlords and tenants, including the following -

Buildings Insurance

Covers the rebuilding of your property following loss or damage caused by fire, aircraft, smoke, malicious persons (including tenants), accidental damage to bathroom fixtures & fittings and glass, lightning, explosion, collision or impact, falling trees and earthquake, theft (by forcible means), subsidence, riot/civil commotion, storm, flood, escape of water or oil leakage and loss of rent up to 20% of the sum insured following damage. Also includes property owner's liability.

Limited Contents Cover

Where the property is let unfurnished limited contents cover is available; this provides up to £5000 cover for the following items: Carpets, Curtains, Sun Blinds, Light Fixtures & Fittings, and Kitchen White Goods. Cover is on a new for old basis. Also includes landlord's liability.

Contents Insurance

Cover on a new for old basis for loss or damage caused by fire, aircraft, smoke, malicious persons, lightning, explosion, impact, theft (by forcible means), subsidence, riot/civil commotion, storm, flood, escape of water or oil leakage, breakage of mirrors or glass in furniture, replacement of locks following theft of keys, and loss of rent up to 20% of the sum insured following damage. Also includes landlord's liability.

Legal Expenses

You may be unable to collect the rent, your tenants may damage or remove your personal possessions, or they may cause a nuisance to your neighbours. All these problems can be resolved by legal action but this is expensive. This cover includes all of your legal expenses up to £50,000. There is no policy excess to pay.

Rent guarantee

This policy provides total peace of mind for landlords. Cover includes the rent you are expecting from your property until vacant possession is obtained for up to 12 months (excluding the first month's lost rent). Additionally, cover includes 50% of the rent for up to 3 month's after possession is obtained whilst a new tenant is found. All related legal expenses are included.

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Pre-purchase guidance

Our considerable local experience in this field, together with our independent status, means that we are able to provide practical and impartial advice on such matters as the type of property and the area that you should consider, and also on a choice of lenders to approach to suit your circumstances. Pre-purchase guidance is available free of charge.

Post-purchase refurbishment

From minor works to complete refurbishment, we are able to assist in the process of preparing the property for letting in a variety of ways, including the arranging and supervising of redecoration and repairs, carpeting, curtaining and furnishings. Our relationship with local suppliers and tradespeople ensures competitive pricing and quality workmanship. Our fees for arranging and supervising refurbishment works are a minimum of 10% of the total expenditure.

Ongoing management

Our Letting and Management Service is summarised at the top of this page.

We hope that you find the above information useful. If there are any aspects of which you are unsure, please ask us. We look forward to being of assistance to you in the letting and management of your property.

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Copyright Ashcourt Lettings 2009___.______________________Residential Letting & Property Management Specialists
contact other services network local area tenants services landlord services home