Letting your property
At Credential, we understand letting your property can be a stressful process and that is why our letting experts will strive to ensure it is a hassle free experience. We know your property is a valuable asset which is why we only offer our landlords the most suitable and professional tenants.
We offer landlords three levels of services which are detailed below. Should you have any questions about our services, please contact a member of the Credential team who will be happy to help you further.
| Let Only Package | Rent Collection Package | Fully Managed Package | |
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| Comprehensive Marketing (major property portals, window displays) |  |
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| Procuring and selecting suitable tenants | |
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| Thorough referencing and credit checks through independent accredited referencing company | |
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| Collection of first month’s rent and deposit* | |
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| Preparing and executing tenancy agreement | |
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| Carry out basic inventory check | |
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| Inform the relevant Local Authority and water utility company of tenants details | |
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| Preparing and serving legal notice on instruction of owner | |
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| Collecting the monthly rent and submit monthly statements | |
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| Holding the deposit as stakeholder for the owner in deposit protection scheme | £72 (inc VAT)* | £72 (inc VAT)* | £72 (inc VAT)* |
| Liaising with both tenant and owner over any maintenance issues | |
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| Quarterly inspections to ensure property upkeep | |
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| Negotiate rent reviews and execute a tenancy agreement in respect of tenancy renewals | Subject to renewal fee | Subject to renewal fee | |
| Managing the check-out process | |
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| 24 hour emergency maintenance line | |
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| Dedicated property manager as point of contact | |
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| Organising gas safety inspection | |
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| Key holding service | |
*As of 6th April 2007 all new tenancy deposits must be protected in a government authorised scheme. There are substantial penalties applicable (including a (fine of 3x the deposit amount) if the deposit is not protected within the time frame (30 days) and required procedures not complied with.
Possible Landlords Fees for Let Only Package – 8% + VAT (9.6% including VAT), Rent Collection Package – 10% + VAT (12% including VAT), Fully Managed Package 12% + VAT and one-off introduction fee + VAT (14.4% including VAT)
Credential Limited is a member of Client Money Protect so that our clients have security that the money we hold on their behalf is protected
