News Archive for 2015

LEICESTER LANDLORDS: BUY TO LET TAX BREAKS TO BE CUT by Mayur Sachdev

LEICESTER LANDLORDS who are in the top income tax brackets face cuts with respect to TAX RELIEF on interest payments from mortgaged properties.

Written by: Mayur Sachdev

Read more

Leicester Property Market Vs Nottingham Property Market. Where do I invest?

Latest data from Rightmove shows that First 4 Lettings are leading the way for residential property in the LE2 area!

Written by: Mayur Sachdev

Read more

Leicester Property Market Vs Nottingham Property Market. Where do I invest?

For all Leicester landlords, this is an insightful article for those looking to diversify their property portfolio and delve into property investment to cities in close proximity.

Written by: Mayur Sachdev

Read more

Top Tips for Overseas Property Investment

So you are an investor looking to diversify your portfolio. Here are a few points to consider when looking to invest in property abroad.

Written by: Mayur Sachdev

Read more

5 MYTHS about LETTING to STUDENTS in LEICESTER

If you are a Leicester investor looking for student buy to let properties in Leicester or a landlord thinking about renting to students in Leicester, this article will provide you a brief insight into the Leicester student letting market for students from the University of Leicester or De Montfort University.

Written by: Mayur Sachdev

Read more

Find your next property

Fees

Close
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.