Choose Hydegate Estates to let your property

Receive an expert valuation today

Book an expert valuation Get an instant valuation

Choose Hydegate Estates to let your property

Receive an expert valuation today

Book an expert valuation Get an instant valuation

Choose Hydegate Estates to let your property

Receive an expert valuation today

Book an expert valuation Get an instant valuation

Choose Hydegate Estates to let your property

Receive an expert valuation today

Book an expert valuation Get an instant valuation

Hydegate Estates landlord service levels

Dependant on how involved in the tenancy you want to be will depend on the level of service we would recommend. However as each landlord is different we are able to tailor a package to meet your individual needs.

Letting only service

12% of rent (inc VAT) 

Reducing to 6% including VAT after 12 months if the same tenant renews the tenancy.

What's included

  • Hydegate Estates will arrange to provide a quote on the rental price of the property, usually by visiting.
  • Hydegate Estates will promote the property in appropriate ways to find a suitable tenant for the Property.
  • Hydegate Estates will arrange for the legally required checking and paperwork for the property. This may include a gas safety record, an energy performance certificate, mains electrical testing, portable appliance testing and a legionella risk assessment. All costs will be paid by the Landlord, even if the property is not actually let through Hydegate Estates. Before marketing your Property it is a legal requirement to provide an Energy Performance Certificate.
  • Hydegate Estates will arrange viewings with prospective tenants either using the keys supplied by the Landlord or in co-ordination with the current occupier. All viewings will be accompanied by Hydegate Estates unless agreed otherwise.
  • Once a prospective tenant is found who is interested in the property, they will be asked to complete an application form giving information about themselves.
  • Hydegate Estates will then take references appropriate to the circumstances of the prospective tenant. This may be done by Hydegate Estates or may be outsourced to a referencing company as Hydegate Estates thinks fit.
  • Hydegate Estates agrees under Part 3 Chapter 1 of the Immigration Act 2014 to be the person responsible for checking the immigration status of all applicants, as appropriate, before the initial move in. For Let Only Landlords the Landlord will be responsible for any further work needed under the Immigration Act.
  • On receipt of references Hydegate Estates will set up the necessary paperwork to let the property on an appropriate tenancy or licence.
  • Hydegate Estates will, if appropriate, arrange for the initial production and subsequent agreement of an inventory and schedule of condition of the property at the move in.
  • Hydegate Estates will sign up the tenant and collect any money due, giving the tenant copies of appropriate paperwork.
  • If a deposit has been collected and requires protecting under the Housing Act 2004 rules then you will either need to have a custodial scheme account of your own for us to transfer the deposit money into or you will have to purchase protection with an insured scheme and we will only send you the deposit once you have sent evidence of that protection. If we do not get evidence within 10 days, we will protect the deposit in the custodial scheme to protect you as failure to do so may incur financial penalties and difficulties regaining possession of your property. We will not, however, have any involvement in the agreement about the refund of the deposit or any disputes at the end of the tenancy.
  • For Let Only Service landlords, Hydegate Estates will then send the Landlord the funds, less expenses, and the paperwork. This element does not apply to the following levels of service.

Letting & rent collection

14.4% of rent (inc VAT)

Hydegate Estates will find you a tenant and handle the monthly rental payments and negotiations on your behalf.

What's included
  • Hydegate Estates will arrange to provide a quote on the rental price of the property, usually by visiting.
  • Hydegate Estates will promote the property in appropriate ways to find a suitable tenant for the property.
  • Hydegate Estates will arrange for the legally required checking and paperwork for the property. This may include a gas safety record, an energy performance certificate, mains electrical testing, portable appliance testing and a legionella risk assessment. All costs will be borne by the Landlord, even if the property is not actually let through Hydegate Estates. Before marketing your property it is a legal requirement to provide an Energy Performance Certificate.
  • Hydegate Estates will arrange viewings with prospective tenants either using the keys supplied by the Landlord or in co-ordination with the current occupier. All viewings will be accompanied by Hydegate Estates unless agreed otherwise.
  • Once a prospective tenant is found who is interested in the property, they will be asked to complete an application form giving information about themselves.
  • Hydegate Estates will then take references appropriate to the circumstances of the prospective tenant. This may be done by Hydegate Estates or may be outsourced to a referencing company as Hydegate Estates thinks fit.
  • Hydegate Estates agrees under Part 3 Chapter 1 of the Immigration Act 2014 to be the person responsible for checking the immigration status of all applicants, as appropriate, before the initial move in. For Let Only Landlords the Landlord will be responsible for any further work needed under the Immigration Act.
  • On receipt of references Hydegate Estates will set up the necessary paperwork to let the property on an appropriate tenancy or licence.
  • Hydegate Estates will, if appropriate, arrange for the initial production and subsequent agreement of an inventory and schedule of condition of the property at the move in.
  • Hydegate Estates will sign up the tenant and collect any money due, giving the tenant copies of appropriate paperwork.
  • If a deposit has been collected and requires protecting under the Housing Act 2004 rules then you will either need to have a custodial scheme account of your own for us to transfer the deposit money into or you will have to purchase protection with an insured scheme and we will only send you the deposit once you have sent evidence of that protection. If we do not get evidence within 10 days, we will protect the deposit in the custodial scheme to protect you as failure to do so may incur financial penalties and difficulties regaining possession of your property. We will not, however, have any involvement in the agreement about the refund of the deposit or any disputes at the end of the tenancy.
  • For Let Only Service landlords, Hydegate Estates will then send the Landlord the funds, less expenses, and the paperwork. This element does not apply to the following levels of service.
  • Hydegate Estates will use its best endeavours at all times to collect rents or others charges due from the tenant and provide monthly accounts to the Landlord. However, Hydegate Estates will not be liable for the amount of any arrears nor for any legal or other costs incurred by Hydegate Estates or the Landlord or any other party in respect of the recovery of such arrears.
  • Hydegate Estates agrees that for the Letting and Rent Collection Service Hydegate Estates will accept responsibility for the ongoing Immigration Act checks that may be needed during the Term of the tenancy.
  • If the Landlord lives overseas, Hydegate Estates must account to HM Revenue and Customs for the rental received and this can include deducting basic rate income tax. To avoid this, the Landlord must apply to HM Revenue and Customs for approval for gross rents to be paid. If such approval is not obtained, an additional charge will be made, as noted in the scale of charges to cover the cost of the extra work involved.

Fully managed

18% of rent (inc VAT)

Hydegate Estates will take complete control of the rental property and take care of yours and the tenants needs.

What's included
  • Hydegate Estates will arrange to provide a quote on the rental price of the Property, usually by visiting.
  • Hydegate Estates will promote the Property in appropriate ways to find a suitable tenant for the Property.
  • Hydegate Estates will arrange for the legally required checking and paperwork for the Property. This may include a gas safety record, an energy performance certificate, mains electrical testing, portable appliance testing and a legionella risk assessment. All costs will be borne by the Landlord, even if the Property is not actually let through Hydegate Estates. Before marketing your Property it is a legal requirement to provide an Energy Performance Certificate.
  • Hydegate Estates will arrange viewings with prospective tenants either using the keys supplied by the Landlord or in co-ordination with the current occupier. All viewings will be accompanied by Hydegate Estates unless agreed otherwise.
  • Once a prospective tenant is found who is interested in the Property, they will be asked to complete an application form giving information about themselves.
  • Hydegate Estates will then take references appropriate to the circumstances of the prospective tenant. This may be done by Hydegate Estates or may be outsourced to a referencing company as Hydegate Estates thinks fit.
  • Hydegate Estates agrees under Part 3 Chapter 1 of the Immigration Act 2014 to be the person responsible for checking the immigration status of all applicants, as appropriate, before the initial move in. For Let Only Landlords the Landlord will be responsible for any further work needed under the Immigration Act.
  • On receipt of references Hydegate Estates will set up the necessary paperwork to let the Property on an appropriate tenancy or licence.
  • Hydegate Estates will, if appropriate, arrange for the initial production and subsequent agreement of an inventory and schedule of condition of the property at the move in.
  • Hydegate Estates will sign up the tenant and collect any money due, giving the tenant copies of appropriate paperwork.
  • If a deposit has been collected and requires protecting under the Housing Act 2004 rules then you will either need to have a custodial scheme account of your own for us to transfer the deposit money into or you will have to purchase protection with an insured scheme and we will only send you the deposit once you have sent evidence of that protection. If we do not get evidence within 10 days, we will protect the deposit in the custodial scheme to protect you as failure to do so may incur financial penalties and difficulties regaining possession of your property. We will not, however, have any involvement in the agreement about the refund of the deposit or any disputes at the end of the tenancy.
  • For Let Only Service landlords, Hydegate Estates will then send the Landlord the funds, less expenses, and the paperwork. This element does not apply to the following levels of service.
  • Hydegate Estates will use its best endeavours at all times to collect rents or others charges due from the tenant and provide monthly accounts to the Landlord. However, Hydegate Estates will not be liable for the amount of any arrears nor for any legal or other costs incurred by Hydegate Estates or the Landlord or any other party in respect of the recovery of such arrears.
  • Hydegate Estates agrees that for the Letting and Rent Collection Service Hydegate Estates will accept responsibility for the ongoing Immigration Act checks that may be needed during the Term of the tenancy.
  • If the Landlord lives overseas, Hydegate Estates must account to HM Revenue and Customs for the rental received and this can include deducting basic rate income tax. To avoid this, the Landlord must apply to HM Revenue and Customs for approval for gross rents to be paid. If such approval is not obtained, an additional charge will be made, as noted in the scale of charges to cover the cost of the extra work involved.
  • Hydegate Estates will use its best endeavours to arrange minor repairs, general maintenance and replacements to the property without necessarily consulting the Landlord beforehand up to the limit agreed in writing upon giving instruction, (or up to the value of one month’s rent where no figure has been specifically agreed). Hydegate Estates will not be responsible for damage or loss incurred to the property or the Landlord in the event of repairs, general maintenance or replacements not being carried out.
  • Hydegate Estates will make six monthly periodic visits to the property and send a report to the Landlord but such visits and reports can only be regarded as a general oversight of the property and its care by the tenant. Hydegate Estates does not accept responsibility for actual variance between the report and the items reported upon. Hydegate Estates will liaise with the tenant on all day to day matters arising.
  • Hydegate Estates will use its best endeavours to recover possession of the property in accordance with instructions received but cannot be liable for any delays, damages or costs incurred because such vacant possession is not achieved within the time scale requested. It will be the responsibility of the Landlord to instruct solicitors with whom Hydegate Estates will liaise. Hydegate Estates will not be liable for any legal or other costs incurred in any action against current or previous tenants undertaken on the Landlord’s instructions.

Additional charges which may be incurred (all fees are including VAT)

ActivityPrice
Energy Performance Certificate (Including Floor Plan)£100
Floor Plan Only£45
Deposit Registration Fee at the DPS£42
Tenancy Agreement£126
Redrafting Agreement after Paperwork issued£50
Submission of non-resident Landlords receipts to HMRC per quarter£60
Duplicate Single Statements£12
Duplicate Multiple Statements£42
Professional hourly rate£60
  
Unfurnished inventory/ Schedule of Condition

£105 to £240 (fee will vary depending on the size of the property)

Furnished inventory/ Schedule of Condition: price quoted on individual basis.

Inventory Clerk Check Out Fee£112 to £225 (fee will vary depending on the size of the property)
  
Void Property inspections/Additional visits requested (per visit)£60
Tenancy Renewal fee£66
Supervision of Major works (in excess of £5000 including VAT) will be charged at 12% of the total invoice 
Submitting an Insurance claims works£120 + 12% of the total cost of the works  
Preparing and Serving Legal Notices£80
Court Attendance (per hour)£80
Redirection of Mail (plus postage)£12
Duplication of keys & testing of extra keys (plus cost of keys)£12

    We may receive commissions from Insurance companies, reference companies, utility providers and others.

       

      Landlords who signed a contract prior to 22 May 2019

      Landlords who signed a tenancy before 21 May 2019 will have different charges agreed at the time the contract was signed. Please speak to your Property Management expert for details.