Why Lillys Property Management ?
Choosing the right letting agent is as important as your choice of property. Make the right selection and not only will finding the right flat or house be made so much easier, but the ongoing support during your tenancy is also invaluable.
Renting can be a minefield of poor property choices and hidden extra costs resulting in overall frustration. However, at Lillys Property Management you'll deal with people who know property rental inside out and will do their utmost to make your search successful.
We will take you to view properties and if your working day is too frantic to take time off, we can group appointments around your lunchtime. Still tricky? We are happy to arrange evening viewings as well as Saturdays as appropriate.
Due to strong recent demand, we have a list of potential tenants seeking rental accommodation in all areas around south Cambridge.
Tenant Fees and Charges
Fees From 1st June 2019.
For properties in England, the Tenant Fees Act 2019 means that in addition to rent, lettings agents can only charge tenants (or anyone acting on the tenant's behalf) the following permitted payments:
Holding deposits (a maximum of 1 week's rent)
Deposits (a maximum deposit of 5 weeks' rent for annual rent below £50,000-, or 6-weeks’ rent for annual rental of £50,000 and above)
Payments to change a tenancy agreement e.g. change of sharer (capped at £50 or, if higher, any reasonable costs)
Payments associated with early termination of a tenancy (capped at the landlord's loss or the agent's reasonably incurred costs)
Utilities, communication services (e.g. telephone, broadband), TV licence and council tax
Interest payments for the late payment of rent (up to 3% above the Bank of England's annual percentage rate)
Reasonable costs for replacement of lost keys or other security devices
Contractual damages in the event of the tenant's default of a tenancy agreement; and
Any other permitted payments under the Tenant Fees Act 2019
Tenant protection
In addition to publishing relevant fees, lettings agents are also required to publish details of: the redress scheme they are a member of The Property Ombudsman T00637
Name of the approved or designated Client Money Protection scheme they are a member of Client Money Protect CMP002502.
To comply with the Tenancy Deposit Scheme the deposit will be bonded by one of the Government backed schemes. As required by law you will have notification what scheme has been used within 14 days.
All payments must be made in cleared funds before tenancy commences, please allow 10 working days for personal cheques. 5 days for BACS transfers.
Payments made by cash will incur a handling fee.
Under our tenancy agreement tenants are liable for any damage they cause to the property and its contents. We strongly recommend that insurance cover is undertaken to protect the property and your personal effects.
All our client deposits are full protected with DPS, and we are members of The Property Ombudsman, Property Redress Scheme
ALL CLIENT MONEY'S ARE ALSO PROTECTED IN CMP SCHEME
How To Rent Guide For Tenants.
