Angela Grant
FARLA Dip RLM Head of Lettings
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Rated 4/5 from 72 Reviews
mb
24 Feb 2022
My partner and I moved into a property recently and have been really happy with our flat and Cambridge Property Lettings as a company. Emma has been...Read More
Maya Marty
11 Feb 2022
We have nothing but praise for the service we have received from Cambridge Property Lettings, since we transferred our two properties to them some...Read More
giles walter
22 Jan 2022
Having lived in a CPL-managed house for three years, I can happily say that they are one of the best property management companies in the business....Read More
Will Kitchen
20 Aug 2021
Their costumer service has improve a lot in the last years.
Barbara Goettsch
17 Mar 2021
Very impressive services, a considerable upgrade on other letting agents I have dealt with as a tenant. Courteous, helpful, very responsive and...Read More
Joe Rendall
02 Feb 2021
Rented for 4 years from CPL. Always very happy with their service and prompt response to any issues with the house. Angela in particular was very...Read More
Brian O'Connor
15 Dec 2020
We have been very impressed with CPL. They've been very quick to respond to queries and have always sent contractors to deal with any issues really...Read More
Sarah Carson
19 Nov 2020
All fees include VAT at 20%
Full Property Management
We offer a comprehensive service which allows landlords to enjoy the fruits of their valuable investment while we look after their property.
This includes:
- Finding a suitable tenant and completing the necessary legal documents.
- Property appraisal and marketing.
- Rent negotiation.
- Preparation of tenancy agreement.
- Obtaining reference from previous UK-based landlord, where appropriate.
- Credit check of non-student tenants, and guarantors of student tenants.
- Right to Rent checks.
- Collection of tenant security deposit and registration with government-backed tenancy deposit scheme.
- Day-to-day managing of the property (taking on the hassle!).
- Obtaining and renewing Electrical Fittings and Appliances Certificates.
- Obtaining and renewing Gas Safety Certificate.
- Collecting the monthly rent due.
- Dealing with day-to-day general repairs and maintenance on your behalf, subject to an agreed limit.
- Arranging for emergency repairs.
- Regular property inspections.
- Pro-active maintenance, thereby protecting your asset.
- Checkout inspection.
- Handling return of deposit to tenants and any correspondence with TDS.
- Preparation of Prescribed Information for registration of deposit.
Charges
Family Home:
12% of the monthly rental income.
Letting fee: £120.00 for each new tenancy.
Deposit Registration Fee: £36.00 for each new tenancy.
Preparation of detailed Unfurnished Inventory:
- 1 bedroom property: £96.00
- 2 bedroom property: £108.00
- 3 bedroom property: £126.00
- 4 bedroom property: £150.00
- 5 bedroom property: £186.00
There is an additional cost for furnished property, subject to the extent of the furnishings.
Processing Tenant Application: £80.00 per adult tenant.
Shared/Student Home:
14.4% of the monthly rental income.
Letting fee: £120.00 for each new tenancy.
Deposit Registration Fee: £36.00 for each new tenancy.
Combined Fee for Processing Application and Checkout Report:
- 1 bedroom property: £141.00 per tenant
- 2 bedroom property: £119.00 per tenant
- 3 bedroom property: £112.00 per tenant
- 4 bedroom property: £110 per tenant
- 5 bedroom property: £107 per tenant
- 6 bedroom property: £105 per tenant.
Re-letting fee:
Tenancy renewal to existing tenant for the service of arranging a further fixed term, or reviewing and implementing any increase in the rent to an existing tenant: £60.00.
What does the management fee not cover?
- If repairs etc. exceed £750.00, Cambridge Property Lettings applies an additional management charge of 18% of the net cost.
- Cost of any work on the property and appliances.
- Cost of obtaining the gas and electrical appliances certificates.
- Any legal or professional fees incurred with your approval.
Non Managed (inc VAT)
This involves finding a suitable tenant and completing the necessary legal documents.
The service includes:
- Property appraisal and marketing
- Rent negotiation
- Obtaining reference from previous UK-based landlord, where appropriate
- Credit check of non-student tenants, and guarantors of student tenants
- Right to Rent checks
- Collection of first month's rent and deposit
- Preparation of Prescribed Information for the deposit
- Registration of deposit with government-approved scheme.
Fees:
- A one-off fee of 60% of the first month's rent, subject to a £600.00 minimum charge to be deducted from the first month's rent.
- Referencing fee: £25.00 per tenant aged over 18, to include guarantor if applicable.
Cambridge Property Lettings is a part of the Propertymark Client Money Protection Scheme.
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