Prestige Estates are quickly being recognised as one of the Best Letting Agents in Milton Keynes & Towcester.
If you currently own or intend to purchase residential property for rental in Milton Keynes or Towcester you should consider engaging our property management service. As we are a specialist Letting Agency working in Milton Keynes and surrounding areas we know how to manage property for optimum performance, whilst ensuring smooth running tenancies and compliance with the various landlord/tenant laws.
To maximise the return on your investment and for a free property rental valuation - contact us and we will be happy to help. Even if you are only exploring which areas to buy in or which are offering the best returns we are always happy to chat and give advice.
Guide for Landlords - preparing the property for rental
Before a property can be let there are several matters which the owner will need to deal with to ensure that the tenancy runs smoothly and also that they comply with the law. If you require specific advice or assistance with any matter please do not hesitate to contact us. Click here to view our guide document on preparing a property for rental
We work very closely with a number of relocation agents in and around Milton Keynes and Towcester. They act on behalf of clients transferring to the area for a number of major corporation in Milton Keynes including Mercedes, Volkswagen Group and Santander. This gives us unrivalled access to quality tenants looking for executive properties in the Milton Keynes and Towcester areas.
Landlords receive ALL the below as part of our FULL Rental Service when letting your property
- 6 months Free Rent Guarantee insurance with every new tenant.
- 6 Months Free Legal Expenses cover to assist with tenant eviction as a result of non-payment of rent.
- Full insurance backed referencing, credit checking and guarantor referencing.
- Bank of professional contractors who have been used by us for many years.
- No mark up or commission received on ANY maintenance work arrange by us on behalf of landlords. Many agents add a huge 15%.
- Arrangement of Energy Performance Certificate, Legionella, Gas & Electric Certificates if required.
- Rent paid by BACS within 3 days (usually same day).
- Regular property inspections and written reports.
- Landlords Full inventory preparation.
- Section 21 notices issued on your behalf as standard.
- Help & advice for new landlords or clients looking to rent their own residential home.
- Full Letting & Management Service. Your property really is treated like our own.
- Professionally prepared Assured Shorthold Tenancy (AST) Agreements.
- Excellent service guaranteed from people who have been landlords in Milton Keynes & Towcester for over 20 years.
Our Letting & Management Service also includes
- Visiting you at your property, and providing a rental valuation and any other advice which you may require about letting your property.
- Advising you on compliance with the various health & safety regulations.
- Locating suitable tenants. Your property will be advertised if necessary, however we have excellent contacts with various company and other establishment personnel departments, and furthermore usually have tenants waiting.
- Accompanying tenant applicants to view the property.
- Obtaining and evaluating references and credit checks.
- Preparing a suitable tenancy agreement and arranging signature by the tenant.
- Collecting a tenancy deposit which will be treated in accordance with current legislation.
- Preparing an inventory and schedule of condition.
- Checking the tenant into the property and agreeing the inventory.
- Supervising the transfer of gas, electricity, water and council tax accounts into the tenant’s name.
- Receiving rental payments monthly in advance, and paying you promptly, together with a detailed statement from our computerised management systems.
- Inspecting the property periodically, and reporting any problems to you.
- Arranging any necessary repairs or maintenance
- Keeping in touch with the tenant on a routine basis, and arranging renewals of the agreement as necessary.
- Checking tenants out as required, re-letting and continuing the process with the minimum of vacant periods to ensure that you receive the optimum return from your property.
We let properties from Studio Apartments to Executive Homes
Below are samples of properties we have let during the last year
5 bedroom detached home, Stony Stratford, Milton Keynes. Let to first viewing.
2 bedroom executive apartment, Wavendon, Milton Keynes. Let to first viewing.
4 bedroom detached home, Castlethorpe.
1 bedroom Apartment, Broughton, Milton Keynes.
5 bedroom detached house, Grange Farm, Milton Keynes.
3 bedroom link-detached house, Woolstone, Milton Keynes.
RENT ON TIME
Landlords continue to inform us rent arrears is their greatest worry, followed closely by the potential costs of the eviction process. We can remove both of these worries and provide you with complete peace of mind.
Prestige are pleased to offer Milton Keynes and Towcester Landlords a new and exclusive service which guarantees your monthly rent payments ON TIME every month, no arrears, no late payments until vacant possession!
As well as all the benefits of our full management service the Rent on Time Service provides
- Guaranteed monthly rent payments on time – even if the tenant fails to pay
- Managing non payment disputes
- Legal costs covered for evictions with rent paid until vacant possession
Charge for Premium Management with ‘Rent on Time’ Is an additional 3% inc VAT (2.5% + VAT) of the monthly rent achieved.
(Total management fee is therefore 15% inc VAT (12.5% + VAT). Other charges for setup, renewals & certifications remain unchanged)
Our Letting Fees
We offer a very competitive and transparent fee structure
Our Letting & Management Service is 12% inc VAT (10% +VAT) of the monthly rent achieved.
New tenancy setup including 6 month rental guarantee - £180 inc VAT (£150 + VAT)
Negotiating a renewal of a fixed term tenancy and sending revised legal notices - £60 inc VAT (£50 + VAT)
We are also able to arrange Energy Performance Certificates (EPC), Legionella Risk Assessments and Landlord Gas Safety certificates at a cost of £84 inc VAT (£70 + VAT). Where landlords prefer to arrange these themselves no charge is made as long as the certificates are provided to us by the required date.