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Lettings for Landlords and Tenants

Located in the major towns of the region, Michael Graham estate agents offices are open seven days a week and until 6pm on weekdays. The Company is proud of its reputation forged from a real commitment to client care and effective, extensive marketing.

Lettings administration and maintenance:
01908 218850

Landlords

We’re dedicated to getting the right tenants, for optimum rental yield

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ARLA* and RICS Registered
Michael Graham are registered with both professional bodies and are regularly audited and scrutinised to ensure that we operate within the parameters of these two leading lettings bodies. Additionally this gives the added assurance that our client account is audited and your income is always totally protected.
Our regional network
Our regional network and reputation attract potential tenants to register with us in their property search. This gives us an excellent bank of people ready to introduce as soon as we receive an instruction.
Valuation
Our experience and coverage mean that we have a wealth of local knowledge to draw on to give accurate valuations. We are very aware of the impact of transport, schooling and environmental factors on demand.
Our offices are open 7 days a week
Our offices are open 7 days a week and all our staff trained specifically to deal with negotiating lettings and the practical steps needed to complete a lease.
Our services
Our services run from Tenant find only up to full management and we handle individual properties on behalf of clients as well as large portfolios.
We are there to assist
We are there to assist with property acquisition and disposal as well as with all the financial requirements of Landlords.
Payment runs
Payment runs are made daily so on receipt of income it is promptly processed and forwarded on to Landlords.
Presentation and marketing
Presentation and marketing are recognised strengths within Michael Graham both through traditional and digital media. This applies equally to property sales and lettings and properties are placed on our own website as well as the major property portals such as Rightmove.co.uk and OnTheMarket.co.uk.
Lettings administration is handled by a central office in Newport Pagnell
Lettings administration is handled by a central office in Newport Pagnell as this requires specialist skills to process new leases, renewals and referencing swiftly. This team also look after the ongoing management of properties if required.
We look to be proactive
We look to be proactive in eliminating or minimising any void periods and have a very high renewal rate for tenancies.
Fees applicable to letting a property
Full Management fees - Tenancy set up fee £200+vat, ongoing management 12% of the monthly rental +vat, Inventory fee £80-£200+vat dependent on size, Tenancy renewal fee £75+vat, HMRC return [if applicable] £50+vat.

Tenant Find only fees – Tenancy set up fee 80% +vat of the 1st month’s Rent, Tenancy renewal fee £75+vat.

Do you require additional information?

If you have any further questions please complete the

form below and we will provide an answer to your query.

Tenants

With our wealth of experience in property letting, we’re here to help every step of the way

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Who, What, When, Where, Why?
At Michael Graham we try and make the letting process as easy for our clients as possible. If you have any queries at this stage take a look through our faq's below and see if we have already answered it. Alternatively please contact us using the form at the bottom of this page.
What is the minimum term a property can be rented for?
An Assured Shorthold Tenancy Agreement has a minimum term of six months.
What fees are applicable to taking a tenancy?
If you view a property and wish to proceed, a non-refundable administration fee is payable [£200]. Once this fee is paid, the property will be removed from further advertising.

We use an external referencing company who will carry out a credit search [£35 per person] and in addition will contact your employer and current / previous landlord. If self-employed your accountant would also be contacted.

You will be given the relevant referencing forms to complete. Proof of your current address and a form of ID will also be required. Referencing usually takes 5-7 days and you will be advised when all checks have been completed. In addition there is a Check out fee [£100] and a lease renewal fee, where applicable [£75]. Payment for these fees can be accepted in the following form; cash, by debit card or cheque payable to Michael Graham Surveyors.

As a requirement of your tenancy agreement, you are required to have Tenant Liability Insurance. This policy must be in place at the start of the tenancy and maintained during the term. For further information regarding this, please either seek independent insurance advice or ask one of our Michael Graham representatives to assist you with this.
What documentation will I be required to produce?
We require a copy of your passport or drivers licence, a copy of either a P60 or recent payslip and a copy of a utility bill, bank statement or credit card showing your current address. We are happy to copy the originals at one of our offices if this is easier for you. Be advised that we will not be able to proceed with your application until we have received these documents.
How much deposit will be required?
A security deposit equivalent to six weeks rental (i.e. a monthly rent of £525 would require a deposit of £725) is required prior to moving in to the property. Deposits must be paid in the form of either cash or bank transfer and will be returned at the end of the tenancy subject to the property being in a satisfactory condition.
When do I need to pay the first month's rent and deposit?
You will be required to pay one month’s rent plus the deposit by Bank transfer, two days prior to the tenancy commencing. We cannot accept ordinary cheques, switch cards or credit cards. After this initial payment you will be required to pay your rent by standing order. The standing order will come out of your account two days before the rental payment date, in order to ensure we receive the money on the rent due date.
Can I renew my tenancy after the initial term?
Provided your tenancy has been conducted satisfactorily and the landlord is agreeable your tenancy can be renewed. Please note that renewal of a tenancy carries a fee of £75.
Pets
Many Landlords have restrictions regarding pets (particularly cats and dogs) and specify that they will not allow them at the property. For this reason it is important that you advise us if you do have pets in order that we may find you a suitable property. Should a Landlord accept a pet that you have then your deposit would be increased by £200 per pet.
Smokers
Many landlords have restrictions regarding people who smoke. For this reason it is important that you let us know if any of the prospective tenants are smokers in order that we may find you a suitable property.
Sharers
Some landlords will have a preference for couples or families. If you do want to share a property we may request further details from you regarding ages, occupations, relationship with each other, etc - this can help the landlord to decide if they will accept people sharing the property or not.
What does the rent cover?
In the majority of our rental properties the rental payment is just that - i.e. rent! You will be responsible for all utility bills, council tax and telephone (and your TV licence).
Housing Benefit
We regret that we cannot accept applicants who rely on benefits to pay their rent

Do you require additional information?

If you have any further questions please complete the

form below and we will provide an answer to your query.

We’re your experts

As a RICS and ARLA member Michael Graham estate agents operate within both codes of practice and are regularly audited.

ARLA                RICS

Open 7 days a week

We are open every day of the week for the convenience of all our clients.

Find your local branch

Michael Graham fulfilled all of their obligations to us and we would have no hesitation in recommending them to future landlords/tenants.

Regional Offices

Central London Office