Lettings specialists on both sides of the market

LETTINGS
FOR LANDLORDS

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What sets us apart?

Here at Stonebridge & Co, we pride ourselves on our commitment to landlords as well as tenants. That is why we offer a range of high-class letting services to guarantee that your property is let to the right tenant, at the right time. These services include, but are not limited to Let Only, Rent Collect or Fully Managed.

Historically, lettings have been given considerably less marketing attention than sales within the industry. At Stonebridge, we have redressed the balance, offering a comprehensive service including high-quality photography and floorplans. This allows vendors to highlight the true qualities of their asset and present their property exactly as they intend, in order to achieve the greatest possible yield.


Our unique referencing service ensures quality tenants and gives excellent peace of mind, with optional extras such as Rent Guarantees & Enhanced Referencing.

Call or email us for a Rental Valuation today or complete the form below. We will be in touch with you as soon as possible to arrange an appointment.

E saylan@stonebridgeandco.com
T +44 (0)20 8341 6938

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Landlord Fees

Our Standard Fees Inclusive of VAT

  • Let only service: 12%
  • Let only and Rent collection service: 14.4%
  • Fully Managed service: 18%
  • Renewal Fees charged at the same rates as agreed for initial Letting.

Further details of all these services can be found here or in our Terms and Conditions which a member of staff can forward to any prospective Landlord on request.

Additional services

  • Organising Professional Inventory Check in/Check Out Reports: £185.00 – £300.00 + VAT depending on the size and level of furnishing.
  • Organising Energy Performance Certificates: £80.00 + VAT (depending on EPC Tester available at the time, prices may vary).
  • Organising Gas Safety Certificates: £90.00 + VAT (depending on Gas Safe engineer available at the time)
  • Organising Legionella Test Certificate: £85 + VAT (depending on contractor available at the time, prices may vary).
  • Organising Electrical Certificates- £200.00 + VAT (depending on electrician available at the time, prices may vary).
  • Organising Deposit Registration Fee (protection of deposit in authorised scheme and service of prescribed information) £70.00 + VAT.

Legislation changes

Due to the Tenant Fees Act 2019 coming into effect from the 1st of June 2019, now means that as an Agent we can no longer charge Administration/referencing fees to prospective tenants who wish to take properties. In order to keep up with our high standards here at Stonebridge and Co, in ensuring that prospective tenants are fully referenced to the best of our ability, we now will be charging a flat fee to Landlords of £250.00 + VAT for all tenants to be fully referenced and credit checked using a Third Party Referencing Company for any of our properties/Landlords. This fee covers any number of tenants to take a property and not charged per tenant.

In addition to the Tenant Admin/referencing ban, it now also means that Landlords should they wish for a professional inventory to be carried out, will now need to pay for both the Inventory Check in Report and for the Inventory Check out Report as this also can no longer be paid by the prospective tenants. These costs as mentioned above will vary based on the size and how many bedrooms a property has which will be between £185.00 – £300.00 + VAT per report.

Landlord documents

We will need the following information from you for our records

  • Proof of property ownership- this could be in the form of a land registry check, deed or mortgage statement
  • Colour and clear copy of your passport for photo ID

RENTING
FOR TENANTS

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Renting for tenants

We understand how difficult it can be for tenants to find the right property in London, given the fierce rental competition in the Capital.

That’s why we endeavour to provide our clients with an efficient, speedy service. To enable potential tenants to make informed decisions, we provide comprehensive details on our listings, including extensive floorplans, high-quality photography and relevant information on the surrounding area and the property itself.

Information for tenants

New law changes to references

New Assured Shorthold Tenancies (Ast’s) signed on or after 1st June 2019

The following charges are payable by a tenant who wishes to proceed ahead with a property once their offer has been agreed subject to contract, payment and references:

  • Holding deposit – A maximum of one week’s rent at the agreed rent amount.
  • Security deposit – Five weeks’ rent, rising to six week’s rent when the annual rent is in excess of £50,000 at the agreed rental amount.
  • Rent and Utility bills – Payable as outlined in the Tenancy Agreement
  • Unpaid rent – Interest at 3% above the Bank of England base rate, as outlined in the Tenancy Agreement
  • Lost Keys – Tenants are liable for the cost of replacing any lost keys or security device, including a change of lock or replacement of device if required
  • Amendments of Tenancy Agreement at Tenant’s Request – £50 + VAT per change
    Early Surrender of the AST at Tenant’s Request – Should a tenant need to surrender the tenancy early and the Landlord agrees to re-let the property, the liability for the payment of rent will end once a new tenant is found and takes up occupation

Non-Assured Shorthold Tenancy Agreements (Ast’s) signed on or after 1st June 2019

For any individual tenant not renting a property under an Assured Shorthold Tenancy the following charges are also payable:

  • Tenancy Administration/referencing charge- £200.00 + VAT per tenant
  • Guarantor reference charge £90.00 + VAT
  • Organising Professional Inventory Check in/Check Out Reports: £185.00 – £300.00 + VAT depending on the size and level of furnishing.
  • Renewal charge – £200.00 + VAT per renewal

If a tenant decides to rent a property through us in the name of a business or company the tenancy administration and reference charges will be £500 + VAT for a new tenancy and £250.00 + VAT for every renewal.

Client Money Protection

Stonebridge of Highgate Lettings Ltd t/a Stonebridge and Co’s Client Money Protection is provided by Safe Agent/NALS, accreditation Number A6131. For further information on the scheme please visit the Safe Agent website safeagents.co.uk/for-tenants/ .Stonebridge of Highgate Lettings Ltd t/a Stonebridge and Co as a member of Safe Agent, is able to ensure that we have the necessary protection for monies held in our client accounts. For further information on Safe Agent please visit safeagents.co.uk/about-us/.

Redress Scheme Information

Stonebridge of Highgate Lettings Ltd t/a Stonebridge and Co has a membership with the PRS (Property Redress Scheme) Membership No: PRS013945 as part of Legislative requirements set by the Government in order to assist tenants with escalated complaints procedures. For further information please see the PRS how it works section website

Reporting a repair

If you need to report an emergency, please call us during or outside office hours first to discuss these emergencies to see if they can be resolved . Text our Property Manager Jack Goodall on 07719 529 964 giving contact information and details of the problem or contact us by email to jack@stonebridgeandco.com or hello@stonebridgeandco.com
We still advise that even before or after office hours that you do try to speak with us first so that we can avoid any unnecessary emergency call outs to see if we can help to resolve reported issues first.

Emergency repair

When our office is closed, you can call our out of office emergency number on the following numbers:

Head Office: 0208 819 3117
Control Room: 0845 544 2842
24hr Emergency: 07501 540 190

Please note that If the problem is not deemed to be an emergency, then you will be held liable for the call out charge!!

Here are some useful numbers in the event that you experience an emergency maintenance problem outside of office hours:

If you smell gas, call National Grid on:
0800 111 999
If you have a Power Cut call UK Power Networks on:
0800 31 63 105

Electrics

Please note that prior to an electrician attending, you will need to have checked the fuse box to ensure that the switches have not simply tripped. If you have an electricity power cut or local cable emergency, you will also need to contact your local electricity network operator to ensure they have not turned it off in the street/building.

Broken windows or doors following a break-in:

You MUST report any break-ins or attempted break-ins to the police in the first instance and obtain a crime reference number. Please be sure to make them aware of any damage so that they can have this noted on their records.

A contractor will attend to temporarily board up the window/door and make the property safe. They would then re-attend during working hours to replace any glass to the window/door as deemed necessary.

Please note, if it is NOT deemed to be an emergency and an engineer has been called to attend out of normal working hours then the cost of the additional charge will be borne by yourself!

Boiler/heating issues

Please note that prior to a Heating engineer attending, that you will need to have checked the boiler first to ensure that the switches/dials have been put onto the right settings and the boiler if need be switched on and off to then wait up to 20/30 minutes and check if heating or hot water is present before calling us. If you have exhausted all of these steps and looked through instruction manuals to realize that the heating/hot water is still not working, then this is the time to call us to make us aware, so we can assist in getting the water/heating back working.

Please note, if it is NOT deemed to be an emergency and an engineer has been called to attend out of normal working hours then the cost of the additional charge will be borne by yourself!

Water leaks

Serious leak/minor/slow leak:

If a leak is coming from your property causing ongoing damage to the property, then please turn off the water supply and call immediately. Switch off electrics if the water leak is near lights or power outlets.

If water is coming from an upstairs property, alert the occupants above immediately and ask them to shut off the source of the leak. If they are not in, leave them a note to contact you. If your building has a concierge/building manager, please inform them as well.

If you are on the top floor or if the leak is coming from within the flat call the emergency number on the following numbers:

Head Office: 0208 819 3117
Control Room: 0845 544 2842
24hr Emergency: 07501 540 190

Please make sure you place bucket or bowl underneath the leak if possible, also shut off any appliance that uses the water system such as the washing machine and electric shower.

Please note, if it is NOT deemed to be an emergency and an engineer has been called to attend out of normal working hours then the cost of the additional charge will be borne by yourself!

Contact us directly to begin your search.