News from First 4 Lettings

Introducing Zero Deposit Schemes: How Reposit Benefits Landlords and Tenants

We are pleased to announce that we have recently partnered with Reposit, a leading provider of Zero Deposit schemes in the UK. This partnership allows us to offer an innovative, flexible, and secure alternative to traditional tenancy deposits, benefiting both landlords and tenants. With the cost of living rising and the rental market becoming increasingly competitive, Reposit provides a solution that eases financial pressure on tenants while offering landlords enhanced security and protection. This article explores how Zero Deposit schemes work, the advantages they offer, and why Reposit is a game-changer for the rental sector.

Written by: First 4 Lettings

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Heading Home for Christmas: A Student's Guide to a Smooth Festive Break

As the festive season approaches, the excitement of heading home for Christmas begins to build. For students, it’s a chance to swap library marathons and lecture halls for family gatherings, cosy nights in, and endless mince pies. To make your journey home as smooth as possible, here’s a handy guide to ensure you’re fully prepared for the Christmas break.

Written by: Faye Sliney

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UK Rent Increase

According to the Office for National Statistics, average UK private rents increased by 9.0% from the 12 months to February 2024.

Written by: Dechlan Connell

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How Landlords can benefit from letting to students

Written by: First 4 Lettings

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Should You buy a flat or a house to let?

Purchasing a property for rental purposes can be a difficult decision, we have detailed some of the pros and cons for flats and houses.

Written by: First 4 Lettings

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How to ensure your student property is a success!

Ideally your student property should be rented for the following academic year prior to Christmas, this is a specialty of ours with over 100 let agreed last year!

Written by: First 4 Lettings

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Advice for first time landlord’s to the UK market

Source: Advice for first time landlord’s to the UK market

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Leicester's Rental Landscape

A useful insight into how Leicester's rental landscape has taken shape over the last few years.

Written by: First 4 Lettings

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An Idiots Guide to Student Lettings

A helpful guide detailing the things to look out for when exploring the student rental market...

Written by: First 4 Lettings

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Is Leicester a good area for landlords to invest?

Leicester can be a promising area for landlords to consider for investment, but like any other location, it is essential to conduct thorough research and analysis before making a decision. Here are some factors to consider:

Written by: First 4 Lettings

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Fees

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PERMITTED PAYMENTS

As well as paying the rent, you may also be required to make the following permitted payments:

1) Holding Deposit: Up to one week’s rental

2) Deposit: One month’s rental (5 weeks rental dependent on individual’s circumstances)

3) Payments for utilities (gas, electricity & water), communication services (telephone & broadband), Installation/Subscription of cable/satellite, TV licence and council tax

4) Default Fee (late payment of rent): If full Rent is not paid within 14 days or more of the Rent Due Date there will be a charge 3% plus the Bank of England base interest rate of the full rental amount until full payment is received

5) Default Fee (breach of tenancy agreement, any other permitted payments, under relevant legislation including contractual damages): For any breach of the tenancy agreement based on the reasonably incurred costs of the agent or landlord

6) Replacement of keys, fobs or other security devices

7) Default Fee (changes to the tenancy): An administrative charge of £50.00 or greater for any assignment, variation or novation of the tenancy agreement made at the tenant’s request (only if agreed by The Landlord and/or The Landlord’s Agent)

8) Payments in respect of early termination of a tenancy agreement at the tenant’s request


TENANT PROTECTION

First 4 Lettings is a member of Client Money Protect which is a client money protection scheme, and also a member of PRS (Property Redress Scheme), which is a redress scheme.