While the rest of the country’s employers seem to be laying people off, Lettings direct.co.uk continues to expand and we are now recruiting for a new lettings administrator for our office in Leeds.

More information about the position and how to apply can be found here.

We have a winner...

A recent competition for residents of City Island, Leeds run by Lettings Direct has had an overwhelming response. Over 30 entries were received and the talent on display was unexpectedly professional!

The winner, chosen this week, is Andy Smith with his striking panorama image of City Island. The image is shown below, along with the 2nd and 3rd place entries.

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Winner - Andy Smith
 
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2nd Place - NikolaosVouis
 
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3rd Place - Loraine Holmes

Andy will also receive a meal for two at Mio Modo on Britannia Street to the value of £100. Mio Modo restaurant, bar and gallery offers the best in contemporary Italian cuisine with traditional Italian favourites and mouth-watering charcoal grilled meats.


Our 1st Competition is now open for entries!

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Win a meal for two, to the value of £100, at Mio Modo restaurant.

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Please see the PDF below for full details.

City Island Leeds Photo Competition

A proportion of the new band of reluctant landlords are heading for trouble by using their traditional Estate Agent to rent out their property rather than appointing a specialist lettings agent, The Observer reported this weekend.

The fall in house sales has resulted in many High Street Estate Agents turning their hand to Lettings in a desperate attempt to keep their doors open. This has resulted in a major rise in complaints to the industry ombudsman, who has seen disputes rise at a rate of over 200%.

Many Estate Agents are not trained in property lettings and do not have the systems in place to cope with the extra workload involved in the day-to-day paperwork and legalties of managing property, yet this hasn't stopped hundreds of agents across the country from adding Letting Agents to their business cards.

An easy comparison to make is in the assumption that your builder can also take care of your plumbing or your electrics - they're all part of a house after all aren't they....  You'll find that some are trained and can easily take care of it. Some have done it before and will give it their best shot. Whereas some have no idea but can see a few quid in it. Do you really want to take that chance?

Any new landlord should do their homework and check out who they are appointing. As with most businesses, you can pay Letting Agents a variety of prices, starting as low as 6% and going as high as 15% - you'll probably find that you are best off somewhere around the middle.

Find out who it is who will be doing the work - your High Street Estate Agent might have just one person looking after lettings - you should ask what happens if they are ill or on holiday. The same goes for back bedroom operators. You might get excellent initial service when you're one of only a handful of customers, but what happens if they get flu, need a holiday, or have to rent an office and employ others?

Always ask for testimonials and see at least 3 agents. Ask the pertinent questions. What are your occupancy rates? Who will be managing my property? Who will be my point of contact? Is my tenant's deposit money protected? Are your staff qualified, and by whom? Are you regulated? Don't just go with the cheapest or easiest solution without doing your homework first, and as Bodie & Doyle used to say, if you want the job doing properly, leave it to the professionals.

Read the full Observer article here

Located on Huntingdon Street in Nottingham, Marco Island is a purpose built conversion of a former post office building, which now provides 341 one & two bedroom apartments and studios. The development covers 14 floors and offers 2 floors of car-parking for tenants and visitors.
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Marco Island provides great quality accommodation to rent at a price that you struggle to beat in Nottingham City Centre.  The development is located on the edge of Nottingham’s fashionable Lace Market and a short walk to the main shopping centres, bars and restaurants.

Predominantly let to young professionals, Marco Island apartments benefit from a 24 hour concierge, who can also receive mail and parcels while tenants are out. The building is designed to resemble a cruise liner and has double glazing throughout. Each apartment comes with wood flooring, a well equipped kitchen including oven, hob and extractor, full sized dishwasher, and fridge with freezer compartment. Views from the building are either to the West overlooking the city centre, or East looking up away from town towards Mapperley.

Lettings direct.co.uk already manages a number of apartments at Marco Island and we have a fantastic record of occupancy at the development. In a recent study of our occupancy rates we found that for the properties managed at Marco Island, we achieved a rate of 99% occupancy over a 12 month period from March 2008 to March 2009.

If you are a landlord with property to rent at Marco Island, call us today on 0845 226 0345 to find out more about the express letting and property management services we provide.

We have just finished putting together our first quarterly e-Newsletter for 2009.  Be one of the first to read the full version here!

Highlights include:

  • the new City-Island.co.uk website
  • Landlord and Tenant Satisfaction survey results
  • new taxi advertising
  • our above average occupancy rates

If you would like to be included on our e-Newsletter mailing list, This email address is being protected from spambots. You need JavaScript enabled to view it..

The Find A Property rental index published in March suggests that the over supply in the rental market is now starting to dry out. Nation wide, instructions for new property To Let rose by a staggering 164% year-on-year to January, leaving the rental market drowning in too much property and tenants literally spolit for choice.

Figures for March suggest that the market is now stabilising. For the full report click on the link here

If you’d like to know how this affects your property, please drop your Property Manager a line and we can give you more details.

We are pleased to announce that Let Insurance Services (LIS), our specialist Landlord & Tenants insurance providers, have relaxed their criteria for rental guarantees. We are now able to offer Rental Gaurantees on all properties, regardless of when the tenancy started.

This is great news for landlords as traditionally Rental Gaurantees had not been possible until the start of a new tenancy.

As with any insurance product, certain criteria need to be met, but we are confident that in 95% of tenancies this insurance will be available if clients wish to proceed. The only extra stipulation being placed upon the policies is that the landlord is not able to make a claim, if the reason for the claim arises, within 90 days of the policy being taken out.

We have put together a short document to give you more information about Rental Guarantees.

If you would like to discuss the criteria and whether your tenancy is eligible, please call your Property Manager or This email address is being protected from spambots. You need JavaScript enabled to view it..

With the economic slowdown biting hard we are recommending that all Landlords ask us about rent protection insurance. The current economic downturn is expected to deepen in 2009 which inevitably is going to leave some tenants & landlords in a very difficult position.

Rent Protection Insurance covers landlords against non-payment of rent and provides valuable income in the event of tenant default. "Some landlords don't buy it because they think the cost of insurance is not worth paying compared to the risk that they are taking" commented Michael Portman from Let Insurance Services. The truth of the matter is that the insurance could make all the difference if a tenant stops paying and refuses to move-out.

According to NLA statistics published last month, some 71 per cent of landlords expect rent arrears among their tenants to increase this year. With possession proceedings taking up to 6 months in some cases, that's an awfully long time to be without any income.

The impact of the economic downturn means high numbers of UK employees could be made redundant in 2009 so we would recommend that all of our clients consider insuring their tenancies until the economy turns the corner.

Not bad is the answer.

On the whole, the business grew by around 35% which was matched by the number of visitors to our website that also grew 36.27% year-on-year.

Great news for us is that the pages read by visitors to the website more than tripled meaning that people were spending almost twice as long with us when they visit.

During the Christmas break it is business as usual but we are open for fewer hours each day to give everybody the chance to enjoy a well earned break. We have a few viewing slots free outside of office hours but we are not offering evening viewings.

Our Opening times for the festive season 2008 are as follows

Wednesday 24th Dec 9.30  - 12.30

Thursday 25th Dec CLOSED

Friday 26th Dec CLOSED

Sat 27th Dec CLOSED

Sun 28th Dec CLOSED

Mon 29th Dec 10.00 – 3.30

Tues 30th Dec 10.00  - 3.30

Weds 31st Dec 10.00 – 12.30

Thurs 1st Jan CLOSED

Fri 2nd Jan 10.00 – 3.30

 

That was the question posed in our recent Landlord Satisfaction Survey conducted amongst our managed clients in Nottingham & Leeds.

The great news for us was that the result was a resounding YES! with 91% saying they were either Happy or Very Happy with our service, and in the acid test, a whopping 98% of our clients said they would recommend us to family or friends.

Lettings direct.co.uk strives to offer no-nonsense, honest customer service at a competitive price. It's good to know that the majority of our clients think we're achieving it.  

Thank you for everybody that responded and keep a look out for new initiatives being introduced following on from your suggestions.

 

 

With the launch of EPC's now only weeks away, results of research from the Energy Efficiency Partnership for Homes' Private Rented Sector Group have been released. Conducted by the Oxford Research Agency, the research was carried into into tenants' attitudes towards energy efficiency and any current ways in which they attempt to minimise their energy consumption.

Researchers found that nearly nine out of ten (85%) private tenants are concerned over increases in domestic energy costs, while 42% claim to be very concerned.

Underlining the growing importance of energy efficiency in the tenant's search for a property, the research showed that when it came to choosing a rental property, estimated energy bills were considered a major factor, rated just behind key aspects such as location, rental cost and type of property.

Mark Brown, Director of the Partnership comments on the rising importance of energy efficiency within the private rented sector:

"With the upcoming introduction of mandatory EPCs for all rented properties this October, it was important for us to investigate the current attitudes of private sector tenants in England and Wales.  We all know that utility bills are increasing but this research shows the real impact this is now having on this sector, people are actually making decisions based on the need to reduce their outgoings and energy efficiency is clearly a significant factor."

Lettings direct.co.uk will be producing EPC's for all properties marketed from September and we will contact landlords with practical improvement recommendations where neccessary. Whilst the EPC's are already being dismissed by some sections of the press, it stands to reason that once tenants get used to seeing EPC bar charts they will start to be more selective about their next home.

To read the full research, go to http://www.eeph.org.uk/energy/index.cfm?mode=view&news_id=1112

 

As some clients may be aware, there’s yet more legislation for landlords later this year with the introduction of Energy Performance Certificates. (EPC’s)

Introduced as part of the Energy Performance for Buildings Directive, EPC’s will be compulsory for all properties rented after 1st October 2008.

The Energy Performance Certificate will look rather like the labels you see on Fridges and Washing Machines and give you a guide to how energy efficient something is.

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It should be noted that EPC’s are NOT REQUIRED for properties that are already let, it purely relates to property let after October 1st.  

To enable us to be prepared for the introduction of EPC’s we will be getting all property advertised at September 1st assessed. As I write, we have yet to finalise a standard price but this will be confirmed to you pre September 1st and will be billed to you as normal with your property statement in the same way as a Gas Safety Certificate. The EPC will then not be required to be re-tested for 10 years unless the property is altered substantially.

Find out more about EPC’s at http://campaigns.direct.gov.uk/epc/

Lettings direct.co.uk is pleased to announce the completion of the The Ridge, a development of 21 spacious 1 & 2 bedroom apartments in a former hotel building on the corner of Foxhall Road and Gregory Boulevard in Nottingham.

Completed by Roxdan Developments, The Ridge is a development of 21 luxury apartments overlooking The Forest on Gregory Boulevard. The apartments are finished exceptionally well with Smeg appliances, gas central heating, and secure gated access.

 

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The development will appeal to professionals looking for spacious and interesting accommodation. None of the 21 apartments are exactly the same, and all offer more space than is standard in the City at this price. With secure on-site car-parking at being only 5 minutes walk from the Tram, the apartments at the The Ridge offer a fantastic standard of accommodation, and room to breathe at a very reasonable price.

Formerly the Forest Lodge Hotel, The Ridge was derelict for a number of years until its renovation in 2008. The 21 apartments it provides are huge by comparison to normal apartment sizes and all come with gated off-road car-parking and independent intruder alarms.

With rental prices starting from £475 for fully furnished one bedroom apartments, demand is expected to be brisk. Tenants that are interested in viewing the accommodation on offer should call us 0845 226 0345 to arrange a viewing straight away.

Click here to arrange a viewing

GO Lettings is pleased to offer a selection of luxury apartments to let at Woodthorpe Mews in Nottingham.

Situated opposite Woodthorpe Park, on the corner of Mansfield Road, Woodthorpe Mews offers 36 luxury 1 & 2 bedroom apartments in a gated development set over three floors. Built in 2005 by Taylor Woodrow, the properties are finished to a high standard and all come with built-in Bosch appliances, gas central heating, and gated off road car parking.

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With prices starting at £495 for a fully furnished one bedroom apartment, the apartments are proving to be extremely popular and occupancy rates are very high in comparison to similar develoments.

Tenants interested in living at Woodthorpe Mews should contact us today to arrange a viewing.

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If you are interested in renting one of the Woodthorpe Mews apartments, please give us a call to pay the fees detailed below:

Holding Deposit (will be deducted from 1st month's rent) £200.00
Referencing Fee (for the first person) £100.00
Referencing Fee (per person thereafter) £50.00
Admin Fee £50.00
Deposit Protection fee £30.00

 


 

 

For example:
1 tenant would pay a total of £380.00 in fees
2 tenants would pay a total of £430.00 in fees

In all cases, £200.00 of the fees paid will be deducted from the 1st month's rent.

We will also need one completed application form for each tenant or occupant, over the age of 18, who will be living at the property. Please find a link below to the application form, as well as a detailed document outlining all the additional documentation you will need to provide.

NOW! Lettings Application Form - Tenants & Permanent Occupants

NOW! Lettings Referencing Information - Tenants & Permanent Occupants

Please note: GO Lettings does not manage the apartments at Woodthorpe Mews and we also do not complete the referencing - it is all done by NOW! Lettings.

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Testimonials

  • Claire O'Neill - Landlord and subsequently Vendor

    A huge thanks to the team at Granger & Oaks - they were a pleasure to deal with and I would have no hesitation in recommending them . Granger & Oaks managed my letting READ MORE

  • Mr Wotjak - Tenant, Purchaser & Landlord

    "I am in the unique position to have been involved with Go Property as both a tenant and as a landlord and in both cases have found their services to be excellent. They have READ MORE

  • Mr Sansom - Landlord

    "Being a landlord myself wih several properties managed by various agents arouind the country I would have to save without a doubt that GO have been the best a long shot. They READ MORE

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