Townends Estate Agents Blog
The property market across Hampshire, Middlesex, London and Surrey is always changing. Read Townends Estate Agents blog for the latest news and useful information for buying and selling, renting and letting property.
Emma2018-04-17 10:46:142018-04-17 15:30:01Our Rent and Legal Protection
Even the best tenants can have a change in circumstances, examples include redundancy, relationship breakdown and ill heath, leaving them unable to pay their rent or unwilling to move out at the end of the tenancy which may cause a delay in…
Emma2018-04-17 10:45:372018-04-17 10:59:37Electrical Safety
In the UK there is no specific legal requirement to obtain certification for the electrical appliances in a rental property, with the exception of Houses in Multiple Occupation (HMOs) as checks must be made of the electrical wiring every 5 years…
Emma2018-04-17 10:45:172018-04-17 11:05:29Meet the team: Renewals
About Fiona: Fiona has been part of the team for three years, initially working in Pre-Tenancy and then in September last year she moved across to run our Renewals department. This is a fast paced team looking after all of the renewals for our…
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Emma2018-02-02 09:39:242018-02-01 09:58:53Good news for portfolio landlords: Lenders still offering buy-to-let borrowers fixed mortgages at low rates
If you’re thinking about adding to an existing buy-to-let portfolio in 2018, you’ll be pleased to hear that mortgage lenders are continuing to support landlords by offering low remortgage rates for fixed terms.
In September 2017, new…
Rebecca Mixter2018-01-19 08:56:102018-02-01 10:01:27Lettings fee ban not to be implemented until May 2019
In November 2017, the government announced its proposal to ban letting agents from levying fees on tenants. A draft bill introduced to Parliament, set out the plan to eliminate upfront payments charged by agents.
The proposals led to criticism,…
Emma2018-01-12 14:42:482018-02-01 10:04:12Why you should put your property on the market this January
Is January the best time to sell your home or let your property?
January is a popular time to move home; providing buyers and tenants more options for their property search and offering vendors and landlords increased opportunity to sell or…
Emma2017-12-21 17:01:282018-02-01 10:05:41Season's Greetings
We would like to take this opportunity to wish you a very Merry Christmas and Happy New Year, and we look forward to assisting you in 2018.
We are open this festive period, check your local branch for opening times. Book your FREE no-obligation…
Preliminary Payment (Holding Deposit)
Once you have found a property and your offer has been accepted by the landlord, we will require a Preliminary Payment (Holding Deposit)
Between £500.00-£1,000.00 (depending on the value of the property), deducted from your final completion monies.
We handle all the paperwork and provide a tenancy agreement for you and your landlord to sign. The fee is based on the size of property, number of tenants and rental value:
Up to £1,500.00 pcm: £600.00 per tenancy
Up to £2,00.000 pcm: £660.00 per tenancy
Over £2,000.00 pcm: £POA per tenancy
Includes an employer’s reference to confirm your income to rent ratio for affordability, a credit history check, confirmation of residency and a previous landlord’s reference (if applicable).
£60.00 per person
Initial Move in Monies
All the initial move in monies and will need to be paid in cleared funds to us 3 days prior to move in.
The deposit will be protected as part of the tenancy deposit regulations; we use the industry renowned my|deposits. 6 weeks rent prior to moving into the property, this will be refunded to you at the end of the tenancy minus any deductions, if applicable.
Inventory Check In procedure
A convenient time will be arranged for you to meet with the inventory clerk to formally check you into the property. Prices vary according to size of property.
1 Bedroom: £145.00
2 Bedrooms: £155.00
3 Bedrooms: £175.00
4 Bedrooms: £190.00
5 Bedrooms: £210.00
Other fees that may apply
Within 5 working days or less
In the event that an appointment has been booked with you and you fail to be present at the agreed times without prior notification to us.
Renewing a tenancy
£100.00 administration fee per tenancy
Credit check at renewal
In some circumstances it may be a pre agreed requirement for a new credit check to be obtained at the point of renewal.
£60.00 per person
If you decide to move on and require for us to provide you with a reference for your new agent or landlord.
Tenancy Swap Fees
Administration: Covering contract negotiation, amending terms, updating the tenancy agreement during the tenancy and immigration and visa confirmation.
£300.00 per tenancy
Referencing: Referencing the new occupant, including identity, financial credit checks, obtaining references from current or previous employers / landlords and any other relevant information to assess affordability
£60 per tenancy
Note: All prices quoted are inclusive of VAT at 20%.
How much is my property worth?
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