Equity Residential Ltd

letting & management consultants since 1998

01323 731700
enquiries@equityresidential.co.uk

Equity Residential have earned a reputation for offering a very high level of service to our landlord clients. We pride ourselves on our excellent communication skills which help to ensure our properties are let quickly and managed effectively. Whether you are looking for us to fully manage your property or to simply secure a properly vetted tenancy for you, you can be assured of the same high standard of service from our team throughout the process.

We have a long client list of loyal landlords who have be using our services for well over 10 years. Many won’t buy an investment property until they have consulted us first. We know what will let quickly, at the best price and how to reduce void periods. Whether you’re an experienced buy-to let landlord adding to your portfolio or looking to dip your toe into the market for the first time, we can provide sound, impartial advice to help you buy the right investment for your money.

We are happy to spend the time researching the market using our extensive local letting knowledge and to answer your questions on the potential rewards and pitfalls of a property investment.

The letting process

We understand that landlords seek out different levels of service from their letting agents. We have a level of service to suit your needs. If you are thinking of letting your property out, one of our Directors can meet you at your property and guide you through the letting process. There is no obligation to use our services until you’re ready. We will listen to your requirements, provide a market valuation, talk you through our thorough tenant vetting procedures, show how we will advertise your property through excellent presentation. We can also advise on planning for unforeseen circumstances and current legislation. Our Directors have the knowledge and experience to answer your questions and concerns.

We are happy to discuss our fees and range of services in full. Our pricing is fully transparent and competitive.
We do not publish our Terms & Conditions online. For a full brochure including pricing and service breakdown please contact us via the contact page or phone our Eastbourne office on 01323 731700.

Introduction service

We market your property until a suitable tenant is found, always accompanying viewings
Arrange an Energy Performance Certificate if required*
Arrange a Gas Safety Certificate if required*
In House Comprehensive and impartial referencing Including Credit Check
Full Inventory and Schedule of Condition
Prepare the tenancy agreement including proscribed deposit information
Collect one month’s rent in advance together with a security deposit equal to at least one month’s rent
Forward initial rent payment and Deposit monies with full statement and commission invoice. Copy of the Tenancy Agreement
Register the tenants deposit with a Tenancy Deposit Scheme if required
Monitor and arrange tenancy renewals for further fixed terms*
Issue Section 21 notices requiring possession when appropriate*
Actively advise and arrange for rent reviews including service of notices*

Rental collection service

In addition to the services carried out in our Introduction Service

Collection and payment of rent using BACS
Forwarding of monthly statement via e-mail or post
Submitting accounts to your accountant if requested
Issuing of Section 21 notice included in fee
Full Inventory and Schedule of Condition included in fee
Actively advise and arrange for rent reviews including service of notices included in fee

Full management service

Tenants prefer managed property - More and more tenants request managed properties. It allows a more professional service and removes the emotion sometimes attached to property from both sides.

In addition to the services carried out in our Introduction & Rent Arranging maintenance and repairs as necessary, including obtaining estimates and liaising with both contractors and the tenant on all matters

Carrying out quarterly inspections of the property and providing you with, when appropriate, a written report about issues arising from our visit
Gas & electrical safety inspections arranged and certificates supplied*
Arranging for the utilities to be registered in the tenants name for the duration of the agreement together with taking meter readings
Processing the return of the tenant’s deposit, less any charges for cleaning, replacement of items and outstanding rent

Asset & portfolio management

We are not Freehold Managers. However, many of our clients own blocks of units which require communal management in addition to just single unit management. We recognise the need to ensure the fabric of these investments is managed correctly. We are happy to advise on such requirements and will liaise with our trusted contractors and surveyors to carry out a number of services.

Risk Assessment’s
Means of escape and fire risk safety including fire alarm maintenance
Building Insurance
Communal way upkeep Inc. lighting, cleaning and maintenance
External refurbishments and redecoration

Receivers of rent

In recent times we are under increased instruction as ‘Asset Managers’ for ‘Receivers of Rent’
From ‘Tenant Finder’ to ‘Full Asset Manager’ we advise on strategy for receivers of rent in turn under instruction from mortgage companies. We fully understand the process and are very successful in ensuring that the ‘Asset’ yields profitably until exit. For more information and a list of our clients please contact Daniel Clitheroe via our contact link.

*A separate fee is chargeable for this service

Insurance

Equity Residential work in partnership with Endsleigh to offer all of our Landlords low cost, specialist Landlords Insurance. As your Letting Agent we would like to stress the importance of taking buildings and/or contents insurance when letting out your property. It is an inexpensive way to cover yourself against many potential perils such as:

* Theft
* Fire
* Water Damage
* Accidental Damage
* Legal Liability
* Malicious Damage

For an online quote please Click here or call Endsleigh 0800 783 2526 … remember to tell them who your letting agent is!

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Testimonials

"We have used Equity for several years and find them business like and helpful. We have never had a position where our property was vacant as Equity have always found us new tenants quickly each time an existing tenant vacated. The tenants have been vetted by them and have been reliable and clean. Equity monitors the condition of the property, make comprehensive inventories and collect the rent for us. All in all Equity give a good service."

Cathy S.

"We have been using Equity Lettings for over 8 years for both finding tenants and rent collection. Their performance standards have been consistently high throughout this time, and we have found them to be very thorough when referencing tenants and carrying out inventories. All the staff are highly motivated and professional at all times, and we find them a pleasure to deal with."

Susan B.

"As an overseas landlord I would highly recommend Equity to anyone wishing to let their property in the U.K. Dan and his team work in a professional, efficient manner, are easily contacted when necessary, and take the worry out of managing a property while overseas. I have been extremely impressed with all aspects of the company, from the tenants they found, to the day-to-day management of my property. I would not hesitate to recommend Equity to any landlord wanting a professional, and personal service."

Susie