Lettings
Lettings for landlords
We're dedicated to getting the right tenants, for optimum rental yield.
If you have any queries at this stage take a look through our faqs below and see if we have already answered it.
FAQsFees applicable to letting a property
| Full Management fees | 14.4% of monthly rent, per month |
| Rent Collection Only fees | 9.6% of monthly rent, per month |
| Tenancy set up fee | £390 per tenancy (for first two tenants) |
| Additional persons | £90 (per tenant/permitted occupier/guarantor) |
| Inventory fee | £116-£260 dependent on size |
| Landlord Withdrawal fee | One week’s rent (prior to start of tenancy) One month’s rent (if during a tenancy) |
| Serving Notice fee | £90 per tenancy |
| Tenancy renewal fee | £180 per tenancy |
| HMRC return [if applicable] | £60 per quarter |
| Deposit Registration Fee | £42 where applicable |
(Amounts payable, inclusive of VAT, per property unless otherwise stated)
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. We are members of the RICS Client Money Protection Scheme.
Book a valuation
Thinking of selling or letting your property? Find out how much your home is worth with Michael Graham.
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FAQs
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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.
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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.
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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.
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Our services
We offer a fully managed service or a rent collection only service. We handle individual properties on behalf of clients as well as large portfolios.
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Payment runs
Payment runs are made daily so on receipt of income it is promptly processed and forwarded on to Landlords.
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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.
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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.
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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.