At Bluestone properties, we understand the benefits of having a seamless property letting for both landlord and tenant. Thus, we work hard in making sure to always have the best possible outcomes for both landlord and tenant.
We also understand the importance of the agent and landlord relationships. We value our clients, respect their properties, and make sure that their properties are properly maintained.
Being a Landlord in London
No Let No Fee!
At Bluestone Properties we charge no up-front fees to our landlords. No charge is made until we successfully source you a tenant and take their first rental payment. This is our ‘No Let, No Fee’ policy and we believe this reflects the confidence we have in our services.
Q: Do you register the tenant’s deposit with a Tenancy Deposit Scheme?
A: Yes, we do this as part of our standard management package. Bluestone Properties register all tenant deposits with MyDeposits, a government-approved tenancy deposit scheme.
Q: How much will it cost to let my property?
A: There are set legal requirements that will need to be met before you can let your property, including:
● Registering as a landlord with the local council. Remember, you will need separate registrations for each council if you have properties in different areas.
● Arranging an Energy Performance Certificate
● Arranging a Gas Safety Certificate (if applicable), An Electrical Installation Condition Report (EICR) and PAT Testing
● Ensuring adequate smoke and heat detectors are present in the property.
● Bluestone Properties can assess your property and arrange any necessary works to ensure your property meets these standards.
Once your property is let, we charge only a one-off finder’s fee, and a set monthly factoring fee. There are no additional costs beyond this, and we operate a ‘No Let, No Fee’ arrangement, meaning no money is charged up-front; a charge only applies once we successfully let your property.
Q: Why should I have an inventory?
A: The inventory takes stock of the condition of the property at the outset of the lease, and is used as the basis to claim for costs for any cleaning or repairs required at the end of the lease. Without an inventory, you have no way of proving that the damage was caused during the tenancy, and no way of defending your claim. Current legislation requires that all deposits be held in a government-approved Tenancy Deposit Scheme (TDS). At the end of the lease, the deposit is either refunded to the tenant, or transferred to the landlord if there are costs for cleaning or damages caused over the course of
the tenancy. As such, we strongly recommend all landlords to:
● always have an inventory carried out at the outset of a lease,
● have the inventory carried out by an independent inventory clerk
Bluestone Properties use Hamilton James Inventory Specialists for all inventories, covering all of London areas. This arrangement allows us to offer
competitive pricing options for landlords, while meeting legislative requirements.
For the best approach to lettings, contact us today.
We start with a free rental assessment of your property. Provided your property meets all legal requirements, we will advertise it across our network, covering the major property letting websites and portals. We handle all letting enquiries, arrange and conduct viewings, and carry out background checks on all prospective tenants.
Only once a suitable tenant has been sourced and successfully moved-in to the property do we charge a fee to the landlord. We have a high success rate in finding the right tenant for you, whatever your property arrangement might be.
Do you have a property to let?
We are here to help and support you through the process of letting out your property, whether you are a first-time landlord who has accidentally become a landlord and you have no idea where to start or a seasoned landlord who is feeling overwhelmed by the ever-changing laws and need help navigating the compliance minefield. Whichever type of landlord you are, it is vital that you work with an experienced letting agent. A letting agent who knows the local area and can focus on maximising your rental income while making sure you are compliant with the laws of being a landlord in London.
Worried about compliance?
Letting a property is not as easy as it used to be. The law is constantly changing, and the government has been placing an increasing burden on landlords with numerous revisions to previous Housing Acts. For landlords to keep their tenancy compliant you must operate within much defined laws. In fact, there are over 178 pieces of legislation landlords need to follow and failure to comply could put you at risk of severe fines and banning orders preventing you from letting out properties again. In some cases, it could even lead to a conviction and jail time. We are here to help you. Backed by extensive knowledge and experience, our lettings team provides dedicated and proactive property management to landlords. We deliver high occupancy rates with total peace of mind. We ensure rents are collected and landlords are paid and offer services such as lease agreements, stringent inspections, rent reviews and a dedicated property maintenance team you can be confident with your investment will stay safe and secure in our care.
We are well informed as to the latest legislation on health and safety and financial requirements. We will work with you on the all-important presentation of your property which will have the biggest impact on the rental value achieved.
Are you in need of property management?
With Bluestone Properties, you can outsource professional management of your property that you can trust. We understand that time in is very valuable for everyone, therefore if you are looking for a more stress-free tenancy experience with a more hands-off approach so you can enjoy your free time, we offer a range of property management services for you to choose from. Whatever your landlord needs are, simply choose the right package for you