Why Choose Sanderson Young…

Free Rental Appraisals

If you are thinking about renting your property out we offer a FREE no obligation rental assessment of your home, providing expert advice on the lettings market and current up to date legislation. We work with you to achieve the best rental price for your home as well as advising on refurbishments to showcase your property to its fullest potential before offering to the lettings market.

Confidential Services

Here at Sanderson Young we can provide a lettings service tailored to suit our client’s needs, which includes low key marketing of your property to source high profile tenants whilst maintaining confidentially.

Corporate & Professional Tenants

We have close links with many large corporate companies throughout the North East as well as professional tenants who regularly use our lettings services for all their rental needs. Tenancies can be from 6 months up to 3 years and there is a market for furnished/unfurnished as well as partly furnished accommodation.

Letting Options

We can offer our landlords a fully managed service or a tenant find service. For more information on these services, please contact our Regional Lettings department on 0191 22 33 510 or Gail.Mclean@sandersonyoung.co.uk

Legislation Minefield

We provide all the information you need whilst marketing your home so you are fully prepared as to what you need to do before we find you a tenant. Gas Safety Inspection Certificates, Electrical Testing, Energy Performance Certificates, smoke alarms & carbon monoxide detectors, Legionnaires risk assessment reports as well as Inventories can all be arranged by us to make the whole process easier for you. We can also protect and safeguard the Damage Deposit should you wish to choose our Fully Managed service as well as advising on safeguarding the Damage Deposit as a Tenancy Only Landlord.

Rent Guarantee

As well as the above services we can also offer RENT GUARANTEE PROTECTION for our Landlords under our Fully Managed service which is peace of mind should your tenant fail to make the rental payments on your property . The cover also incorporates the legal groundwork of gaining possession of your property.

Landlords Living Abroad

Many new Landlords do not fully understand the implications of not informing Inland Revenue that they are going to be relocating abroad whilst renting their home out. We can advise on tax issues relating to you moving outside the UK and guide you to the appropriate website for completion of the correct form to receive exemption from paying tax on your rental income.

Insurance products

Our Private Finance department can advise on many issues relating to your rental property from buy to let mortgages, refinancing and buildings & contents insurance products.

DPS (Deposit Protection Scheme)

As of the 6th April 2007, Landlords & Agents are required by law to protect any Damage Deposit received in an approved Tenancy Deposit Scheme. Sanderson Young protect Damage Deposits under our Fully Managed service with the Deposit Protection  Scheme (DPS) unless a Landlord has their own approved scheme which we will require evidence of ie scheme provider and membership number. Tenancy Only Landlords will require to safeguard the Tenants Damage Deposit and will be required to provide the same information. Please click on the attached link to the https://www.depositprotection.com/ to see how they manage deposits and disputes for both Landlords & Tenants.

Referencing

Sanderson Young have thorough referencing procedures in place before any tenancies are granted which are processed via www.letalliance.co.uk  The agency establish ID via electoral roll and addresses for the last 3 years, credit history, employer referencing as well as previous landlord requests. Where self employment is checked this is usually via Accountants reports. Of course, there are many other layers to referencing and we will be happy to discuss suitability and what is required.

Fees to Landlord

Here at Sanderson Young we understand the importance of transparency and clear concise information about  our services and this includes our fees that we charge for both our Fully Managed and Tenant Find options.

LEVEL OF SERVICE OFFERED:

FULLY MANAGED : 16.2% (inc. VAT)
INCLUDES:
• Collect and remit the monthly rent received
• Pursue non-payment of rent and provide advice on rent arrears actions
• Deduct commission and  other works
• Advise all relevant utility providers of changes
• Undertake regular quarterly inspection visits and notify landlord of the outcome
• Arrange routine repairs and instruct approved contractors (providing quotation first)
• Hold keys throughout the tenancy term
• Arranging a check out inspection with an independent inventory clerk as well as advising on inventory checks at the start of the tenancy.
• In addition as a managed landlord you will benefit from FREE Rent Protection Plus for the first fixed term of the tenancy (subject to satisfactory referencing of your tenants)

FULLY MANAGED SET UP FEE : 78% (inc.VAT)
INCLUDES :
• Agree the market rent and find a tenant in accordance with the Landlord guidelines:
• Advise on refurbishment
• Advise on Inventory/Schedule of Condition of the property before start of the tenancy and provide details on independent clerks whom will advise on their cost for this service
• Provide guidance on compliance with statutory provisions and letting consents
• Carry out accompanied viewings (as appropriate)
• Market the property and advertise on relevant portals
• Erect board outside property in accordance with Town and Country Planning Act 1990
• Advise on non-resident tax status and HMRC (if relevant)

ADDITIONAL NON-OPTIONAL FEE TO FULLY MANAGED SERVICE :
Deposit registration fee :  £60 (inc. VAT)
• Register landlord and tenant details and protect the security deposit with a Government authorised Scheme (Fully Managed service only)

Please note : a charge of £180 (inc. VAT) is levied to the landlord which is payable to the agent for the administration of the check out and inventory which is paid at the commencement of the tenancy.

TENANT FIND SERVICE: 100% (inc.VAT)
INCLUDES:
• Collect and remit initial month’s rent received
• Advise on protection of damage deposit into appropriate Government authorised Scheme
• Provide tenant with method of payment
• Deduct any pre-tenancy invoices
• Make any HMRC deduction and provide tenant with the NRL8 (if relevant)
• Agree the market rent and find a tenant in accordance with the Landlord guidelines:
• Advise on refurbishment
• Advise on Inventory/Schedule of Condition of the property before start of tenancy and provide details on independent clerks whom will advise on their cost for this service
• Provide guidance on compliance with statutory provisions and letting consents
• Carry out accompanied viewings (as appropriate)
• Market the property and advertise on relevant portals
• Erect board outside property in accordance with Town and Country Planning Act 1990
• Advise on non-resident tax status and HMRC (if relevant)

ADDITIONAL NON-OPTIONAL FEES AND CHARGES (IRRESPECTIVE OF LEVEL OF SERVICE):

Rent Review Fees : £50 (inc.VAT)
• Review rent in accordance with current prevailing market condition and advise the Landlord
• Negotiate with tenant
• Direct tenant to make payment change as appropriate
• Update the tenancy agreement
• Serve section 13 Notice if tenancy is on a rolling monthly basis

Renewal Fee : £180 (inc.VAT)
• Contract negotiation, amending and updating terms and arranging further tenancy agreement

IF YOU HAVE ANY QUESTIONS ON OUR FEES PLEASE ASK A MEMBER OF STAFF ON 0191 22 33 510

We are members’ of The Property Ombudsman Redress Scheme (TPO) www.tpos.co.uk

WE ARE NOT MEMBERS OF CMP – CLIENT MONEY PROTECTION

 

 

Why let with us?

rare!

30 High Street, Gosforth, Newcastle, NE3 1LX

0191 223 3500

Open 9am - 6pm

Mon - Thur 9am - 6pm

Fri 9am - 5.30pm

Saturday 9am - 4pm

Sunday 10am - 3pm

Gosforth

95 High Street, Gosforth, Newcastle, NE3 4AA

0191 213 0033

Open 9am - 6pm

Mon - Thur 9am - 6pm

Fri 9am - 5.30pm

Saturday 9am - 4pm

Sunday 10am - 3pm

Lettings

95 High Street, Gosforth, Newcastle, NE3 4AA

0191 223 3510

Open 9am - 6pm

Mon - Thur 9am - 6pm

Fri 9am - 5.30pm

Saturday 9am - 4pm

Sunday Closed

Ponteland

Coates Institute, Main Street, Ponteland, NE20 9NH

01661 823951

Open 9am - 5.30pm

Mon - Thur 9am - 5.30pm

Fri 9am - 5.30pm

Saturday 10am - 3pm

Sunday Closed

Alnwick

35 Bondgate Without, Alnwick, NE66 1PR

01665 600 170

Open 9am - 5.30pm

Mon - Thur 9am - 5.30pm

Fri 9am - 5.30pm

Saturday 9am - 3pm

Sunday Closed

Mayfair

Cashel House, 15 Thayer Street, London, W1U 3JT

0870 112 7099

Open 9.30 – 5.30

Mon - Thur 9.30 – 5.30

Fri 9.30 – 5.30

Saturday Closed

Sunday Closed