Landlords Information

Inter-let offers a full management or Let only service for landlords with properties in Cambridge and its necklace villages.

We specialise in properties for professionals, academics and visiting scholars.

Inter-let is a member of the Association of Residential Letting Agents (ARLA Propertymark) and is governed by their professional rules.We have full professional indemnity and public liability insurance.Client money protection is provided by the Propertymark scheme. Independent redress is provided by The Property Ombudsman scheme.

For further information about our service please contact us.
 

Full Management Service - Fees (download Landlord fee list here)


Management fee: 12% (including vat) of the gross monthly rent (10% plus vat);- [e.g.if your monthly rent was £1000.00, the management fee including VAT would be £120.00.]


Referencing Tenants: £105 per tenant (including VAT)  referencing prospective tenant, (financial credit checks, obtaining references from current or previous employers/landlords and any other relevant information to assess affordability) as well as contract negotiation (amending and agreeing terms), accompanied check-in;

Referencing Guarantors: £60 per guarantor (including VAT) referencing the prospective tenant’s guarantor and preparing Deed of Guarantee

Initial set up fee: £50 - £250 (including VAT) depending on the size of property and whether furnished or un-furnished - includes agreeing market rent and finding a tenant; guidance on compliance with statutory provisions and letting consents; the preparation of detailed inventory; marketing and advertising on relevant portals; carrying out accompanied viewings and preparation of the Tenancy Agreement;
   

Checkout fee: £50 - £200 (including VAT) depending on the size of property and whether furnished or un-furnished - includes end of tenancy inspection check-out, inventory update and as applicable, new tenant find and set up of next tenancy (including carrying out accompanied viewings and preparation of the Tenancy Agreement);
 

Non-routine management:  £30 (including VAT) per hour - includes refurbishment and supervision of major works (e.g. replacement kitchens and bathrooms etc.) and management of insurance claims;
 

Security deposit handling and management fee: £6 (including VAT) per month - covers the costs relating to the TDS (Deposit protection), TPO (The Property Ombudsmanr redress scheme) and CMP (Client Money Protection scheme) view CMP certificate here;

Homewatch service: £30 (including VAT) for unoccupied properties (when requested by the landlord for insurance purposes);

 

Let Only Service - Fees


Let only service: 60% (including vat) of first month's rent (50% plus VAT) (inventory and deposit management not included)[e.g. if your monthly rent was £1000.00, the management fee including VAT would be £600.00.]-(includes agreeing market rent and finding a tenant; guidance on compliance with statutory
provisions and letting consents, marketing and advertising on relevant portals; carrying out accompanied viewings and preparation of the Tenancy Agreement);

(Inventory preparation, checkout and deposit dispute management not included)

Referencing Tenants: £105 per tenant (including VAT)  referencing prospective tenant, (financial credit checks, obtaining references from current or previous employers/landlords and any other relevant information to assess affordability) as well as contract negotiation (amending and agreeing terms), accompanied check-in;

Referencing Guarantors: £60 per guarantor (including VAT) referencing the prospective tenant’s guarantor and preparing Deed of Guarantee

Tenancy Renewal: 30% (including VAT) of one month’s rent arranging a further fixed term,or reviewing and implementing any increase in the rent to an existing tenant;

Deposit dispute administration charges: £30 (including VAT) per hour when a deposit dispute goes to adjudication with the Tenancy Deposit Scheme

 

From the 1st of April 2016 Inter-let Property Management will be the trading name of Inter-let (Cambridge) LLP registered in England under Partnership No: OC403464; Registered Office: 9 Percheron Close, Impington, Cambridge, CB24 9YX

Inter-let is a member of the Propertymark Client Money Protection scheme (view CMP certificate hereand independent redress is provided by The Property Ombudsman scheme.

PRIVACY

We take privacy very seriously.  Click here to view our Landlord privacy statement

 

WHAT IS ARLA?

The Association of Residential Letting Agents, ARLA, is the only professional body that is solely concerned with the self-regulation of letting agents and for nearly 25 years has been actively promoting the highest standards across every aspect of residential lettings and management in the Private Rented Sector.

ARLA is viewed by government, consumer groups, academia, think tanks and the media as the leading voice in the industry. ARLA member firms are seen as being at the forefront of the Private Rented Sector, ready, willing and able to comply with existing and anticipated government legislation.