letting Services For Landlords In Derby
With our transparent, hybrid approach to the rental market you'll be pleasantly surprised as to how straight forward and clear our landlord service agreements are. There are no upfront or hidden fees and we won't tie you into a lengthy contract. Unlike many agencies we will not charge you, the tenant or both to renew the tenancy when there is no requirement to do so.
We require quality apartments, flats and houses in and around Derby, Nottingham, Burton upon Trent and Ashbourne. Our focus is on quality rental accommodation for employed tenants. All of our potential employed tenants and guarantors are thoroughly referenced and our managed service comes with 12 months legal cover as standard.
Letting Agency Fees
Not only will you benefit with a dedicated lettings expert providing a one to one service, you may also benefit financially with our low agency fees resulting in greater rental income.
The following chart highlights a comparison of the fees payable with two of Derby's popular High Street Agents compared with the fees charged by Vanquish Letting Services. Our fees are VAT free whereas both High Street Agents fees attract VAT.
This example represents the fees payable based on a 3 bed house which rents for £600 P.C.M. The agency fees are based on 12 months management. Both High Street Agents charge a tenancy renewal fee to both landlord and tenant after the initial term, we have included one landlord renewal fee within their fees.
Our Landlord Services and Fees
Premium - Zero set up fee + 8% management commission
A comprehensive Fully Managed service including a rent guarantee warranty. Our Premium service includes a 6 month rent protection guarantee warranty, the guarantee is renewable after the initial term, renewal fee applies. The rent protection warranty will pay the rent if your tenant(s) are unable to do so and it will also cover the legal expenses in order to regain possession of the property should this be required.
To re-cap - No Let, No Fee - No Set up fees - Monthly Management Commission of just 8% (VAT Free), Maximum Monthly Management Commission fee of £75.00. Minimum contract length of 6 months. Available for new tenancies with employed tenants referenced by Vanquish Letting Services Ltd.
Let only (tenant find) - NOW JUST £199
Our Let Only service is comprehensive in scope and includes all elements of the lettings process, all you have to do is manage the tenancy when everything is set-up and the tenant(s) are in place. We will also register the deposit with the Deposit Protection Service (DPS), we will check the tenant(s) in and prepare an inventory and schedule of condition.
You will then be responsible for the ongoing management, property repairs, safety certificates (where appropriate) and property inspections.
Our fee for this service is just £199 and is deducted from the first months rent.
fully managed - £99 plus + 6% management commission
Our Fully Managed service takes care of the complete lettings process as above and includes regular property inspections, we can also arrange for EPC's, safety certificates and property repairs on your behalf with our chosen selection of trusted contractors. (Fees for certificates and repairs are at the landlord's additional expense and are deducted from the rental payments).
For additional peace of mind our comprehensive tenant referencing includes 12 months legal expenses cover, in the unlikely event that you need to regain possession of the property, legal cover is only available for professional (employed) tenants.
free Management switching service
If you currently manage your own property or portfolio or have it managed by another agent, you can switch to our Fully Managed service for free. Once the property is transferred to us, our monthly management commission charge of 6% of the monthly rent will apply.
If you have a quality house to rent, apartment or flat to rent in Derby, Nottingham, Burton upon Trent, Ashbourne or the surrounding areas that requires a quality tenant. Or if you're thinking of switching managing agents, contact Vanquish Letting Services today, we'd love to hear from you and we'd love to help you with your rental property.
Registered Office: Vicarage Corner House, Burton Road, Derby DE23 6AE
Company Number: 8147005
Call: 0800 0232550
Hours: Mon - Fri 9:00am to 7:00pm | Weekends 10:00am to 3:00pm
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