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
Comprehensive Marketing (major property portals, window displays)
Procuring and selecting suitable tenants
Thorough referencing and credit checks through independent accredited referencing company
Collection of first month’s rent and deposit*
Preparing and executing tenancy agreement
Carry out basic inventory check
Inform the relevant Local Authority and water utility company of tenants details
Preparing and serving legal notice on instruction of owner
Collecting the monthly rent and submit monthly statements
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
Quarterly inspections to ensure property upkeep
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
24 hour emergency maintenance line
Dedicated property manager as point of contact
Organising gas safety inspection
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 – 9.6% inc. VAT plus administration fee equivalent to one weeks rent + VAT, Rent Collection Package – 12% inc. VAT plus administration fee equivalent to one weeks rent + VAT, Fully Managed Package 15% + VAT and one-off introduction fee equivalent to two weeks rent + VAT

Credential is a trading name of Credential Ltd. Registered in England and Wales Registration No. 4766775 Vat No. 839544589

Credential Limited is a Full Member of The Property Ombudsman (TPO) and commits to TPO Codes of Practice

Credential Limited is a member of Client Money Protect (Membership No: CMP002379)