Permitted Payments
Tenant Fees
The Tenant Fees Act 2019
From 1 June 2019 the majority of fees that landlords or agents impose on their tenants in the private rented sector in England will be banned. This includes fees imposed on any persons acting on behalf of a tenant or guaranteeing their rent. The ban applies to all assured shorthold tenancies.
Permitted Payment
The only payments permitted and will be charged by Marble Sales & Lettings are:-
1. Rent
2. A refundable tenancy deposit - capped at 5 week's rent when annual rent is below £50,000 or 6 week's rent if annual rent exceeds £50,000.
3. Refundable holding deposit (to reserve a property). This will not exceed more than 1 weeks rent.
4. Payments to change the tenancy when requested by the tenant. The fee charged by Marble will be capped at £50.00.
5. Payments associated with early termination of the tenancy - when requested by the tenant. The fee charged by Marble will be capped at £200.00.
6. Payments in respect of utilities, communication services, TV licence and council tax.
7. Payments in the event of default - for late payment of rent and replacement of lost key / security device; provided the tenancy agreement requires such a payment to be made.
Conditions apply:
Loss of key or other security device giving access to the property - cost will only amount to what is reasonably incurred by Marble Sales & Lettings - capped at £20.00
Late payment of rent (more than 14 days overdue) - Interest will only be charged at a rate of 3% above the Bank of England base rate.
Landlord Fees
At Marble Sales & Lettings we believe in tailoring our services to the individual needs of each landlord. For those landlords wishing to be involved in the day to day management of their property portfolio we offer a "Lettings Only" service.
The majority of our clients prefer our "Full Property Management" service which is designed to meet the needs of those landlords who prefer not be involved in dealing directly with their tenants.
For a lettings only service we charge 7% whilst for a full property management service we charge 10%
Sales
Whether you are a first time buyer or a seasoned investor, the process of buying a property can easily become overwhelming and challenging. Our expertise enables us to identify the best properties in the right locations that meet your individual needs. Marble are pleased to present a bespoke service, offering 100% privacy and discretion. We can help to source the right property for your needs or make enquiries to owners of properties that catch your eye. You can trust us with negotiations in full confidence knowing that we will endeavour to obtain the best terms and property for you.
Lettings
At Marble, we recognise that as a landlord you are not only looking to secure reliable and trustworthy tenants but also a return on your investment. We understand that the service you experience and our success, depends on tenants who pay their rent on time and take care of your property. We pride ourselves on attracting quality tenants and landlords by delivering a service that is second to none. We also arrange EPC certificates, electrical safety certificates and gas safety checks ensuring peace of mind for both our tenants and landlords.
Property Valuations
Whether you decide to sell or rent your property, we provide a FREE no obligation market appraisal with one of our committed agents. They will visit your property at a time and date suitable to your requirements and use their knowledge (both of the local area and industry) to give you a realistic figure of what your property can achieve. We also take into consideration properties available in the area and current market conditions in our appraisal and give tips / advice on how to help maximise return.
Property Management
At Marble Sales & Lettings we believe in tailoring our services to the individual needs of each landlord. For those landlords wishing to be involved in the day to day management of their property portfolio we offer a 'Lettings Only' service as well as a 'Full Property Management' service designed to meet the needs of those landlords who prefer not be involved in dealing directly with their tenants.
Development
Marble has a proven track record of delivering bespoke building schemes and development projects, within the residential and commercial marketplace. With a designated project management team, together with experienced craftsmen and a network of valuers, surveyors and professionals, our aim is deliver complete projects on time and within the desired budget. Whether you are planning a development or just require a simple home refurbishment, our consultants meticulously plan each project to ensure we exceed expectations each and every time.
