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Landlords - Letting your property

How it Works: The Process


To Start:

- Arrange a rental market appraisal
- Appoint Landmark London as your agent
- Decide which level of service you require

 

As your agent, Landmark London will then:

 

- Market the property
- Agree an offer between you and the prospective tenant
- Arrange referencing
- Arrange necessary administration (e.g. the tenancy agreement)
- Arrange inventory and check-in
- Arrange payments from tenant
- Protect tenant’s deposit


If you have selected the Fully Managed package for your property your Landmark London agent will do the following, if not, you will need to arrange directly yourself:

- Make good any damages or arrange repairs
- Arrange full professional cleaning of the property
- Arrange gas and electrical certificates
- Arrange an EPC (Energy Performance Certificate)

Legals

As a landlord you are subject to some legal obligations before your property can be let. Landmark London would be happy to advise and assist you with these requirements.

 

- Notify mortgage and insurance providers.

- Arrange payment of your ground rent and service charges.

- Comply with safety regulations – gas certificate, electrical inspections/certificates, furniture and fire regulations and smoke alarms.

- Obtain an Energy Performance Certificate.

- Set up a deposit protection account.

Landlord Fees

Sole Agency


Letting Only – 9.6% inc VAT
Letting and Property Management – 15.6% inc VAT
Premium Letting & Property Management– 18% inc VAT
Short Let (including Property Management) – 24% inc VAT
Property Management only – 7.2% inc VAT


Multi Agency


Letting Only -12% inc VAT
Letting & Property Management – 18% inc VAT
Premium Letting & Property Management – 20.4% inc VAT
Short Let (including Property Management) – 26.4% inc VAT
Property Management – 7.2% inc VAT


Additional Charges


Tenancy Agreement Fees – £360 inc AVT
Deposit Registration – £96 inc VAT
Referencing – £48 per tenant inc VAT
£48 per guarantor inc VAT (if applicable)
Inventory costs (check in/out) – £370 inc VAT

For more information, call our Lettings team on +44 (0) 208 088 9550.

Register with Landmark London

Landmark London would be delighted to help you with your move back to the UK. To help us accurately identify the type of property you would ideally prefer, please complete the form below and we will be in touch shortly.

Copyright 2020 Landmark London 

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