News Archive for May 2023

The ever changing lettings industry...

The lettings industry is constantly evolving, shaped by societal changes, technological advancements, and shifting tenant preferences. For landlords, it's crucial to stay updated with the latest trends to make informed decisions and maximise the potential of their rental properties. In this blog post, we'll explore some of the current trends in the letting industry that landlords should be aware of.

Written by: First 4 Lettings

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Tenant demand now at all-time high

In the dynamic world of real estate, tenant demand plays a vital role in shaping the market landscape. The demand for rental properties is influenced by various factors, including economic conditions, demographic trends, and lifestyle preferences. Recent research indicates that tenant demand has reached an all-time high, presenting both challenges and opportunities for landlords and property investors. In this blog post, we will explore the reasons behind this surge in demand, its implications for the rental market, and how stakeholders can leverage this trend.

Written by: First 4 Lettings

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What are the benefits of letting a property in Leicester?

Letting a property in Leicester can offer several benefits. Here are some potential advantages:

Written by: First 4 Lettings

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Property Valuations

Are you interested in finding out what rental price your property could achieve? If so, then please contact us to get a FREE valuation. You have nothing to lose whilst getting our expert advice.

Landlord Yield Calculator

Look at our FREE RENTAL yield calculator to see if your property is a good investment. Contact us to see what we can do to make your investment more profitable.

Students

We have a large selection of student properties located near both UOL and DMU. With a budget to suit all students, First 4 Lettings is the one stop shop for all looking to secure student accommodation in Leicester.

Maintenance

Tenants can have the peace of mind that all our managed properties are fully maintained by our 24/7 maintenance department. All issues are dealt with in a swift and prompt manner to ensure your stay in the property is as enjoyable as possible.

Featured Properties

Property photo: Clarendon Park, Leicester, LE2
Let Agreed

Let Agreed - Clarendon Park, Leicester, LE2

£105 pw   Tenancy Info

2024/25! 8 BED MODERN STUDENT house near the University of Leicester with 8 DOUBLE BEDROOMS, 2 BATHROOMS, 3 TOILETS, LOUNGE, KITCHEN, OFF ROAD PARKING & GARDEN! *Only £105.00 per room per week ...

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Property photo: Leicester, LE2
Let Agreed

Let Agreed - Leicester, LE2

£102.50 pw   Tenancy Info

2024/25! 3 BED STUDENT PROPERTY close to the UNIVERSITY of LEICESTER. Featuring X 3 DOUBLE BEDROOMS; LOUNGE; MODERN KITCHEN; BATHROOM and REAR GARDEN. *ONLY £102.50 PER ROOM PER WEEK based on ...

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Property photo: Clarendon Park, Leicester, LE2
Let Agreed

Let Agreed - Clarendon Park, Leicester, LE2

£115 pw   Tenancy Info

2024/25! BEST STUDENT HOUSE IN CLARENDON PARK! LARGE 6 BED/2 BATH STUDENT property near the University of Leicester consisting of three floors; 6 DOUBLE BEDROOMS, KITCHEN / DINER, LOUNGE, 2 ...

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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.