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Why Let With Us?

Let with Cornerstone


When it comes to looking after your properties Cornerstone provides an exceptional service. Our rental properties range from studio apartments to executive homes. We take pride in our wealth of experience, knowledge and enthusiasm in helping landlords to find quality tenants.

We offer two types of service: 

Fully Managed Service 

Find a Tenant Service 


Both services can be tailored to your requirements.

Fully Managed Services


Landlord Fees £495.00 for the below service - Thereafter Monthly Management fee 12% including VAT.

➢ Property Marketing: On our Website, Rightmove, Zoopla, property particulars, mail outs to registered applicants.
➢ Professional photographs
➢ Branch advertisement
➢ Floorplan
➢ To Let Board
➢ Accompanied Viewings
➢ Tenant Selection
➢ Tenant Referencing
➢ AST Tenancy Agreement
➢ Preparation and organisation of an Inventory
➢ Registering tenants deposit
➢ Property handover➢ Rent collection➢ Routine property Inspections➢ Co-ordination of repair or maintenance including arranging trades people

Let Only Service


60% of the first month's rent including VAT (subject to a minimum fee £360.00 including VAT).

➢ Property Marketing: On our Website, Rightmove, Zoopla, property particulars, mail outs to registered applicants.
➢ Professional photographs
➢ Branch advertisement
➢ Floorplan
➢ To Let Board
➢ Accompanied Viewings
➢ Tenant Selection
➢ Tenant Referencing
➢ AST Tenancy Agreement

Additional Services/Landlord Fees


➢ Check Out Fee - £88.00
➢ Additional Periodic Inspections - £40.00
➢ Key Cutting Service plus cost of extra key - £10.00 plus cost of key
➢ Additional monthly letting statement - £6.00 each
➢ Gas safety check - £60.00 plus costs
➢ Electrical Inspection Condition Report - Approx £150.00 plus costs
➢ Smoke Alarm Testing with Report - £60.00
➢ Portable Appliance Test - PAT Test - £60.00
➢ Energy Performance Certificate - £99.00
➢ Obtaining estimates and supervision of major works over £500.00 at landlords request £100.00
➢ Hourly rate for other work - £15.00 per hour
➢ Maintenance Repair Limit UK Landlords - £200.00
➢ Maintenance Repair Limit Overseas Landlords - £300.00


Tenant Fees


Holding Deposit - One week’s rent - This is to reserve a property. Please Note: This will be withheld if any relevant person(s) (including any guarantor(s) withdraws from the intending tenancy, fail a Right- to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).

Deposit - Five weeks’ rent - This covers damages or defaults on the part of the tenant during the tenancy. Please note: If the property’s rent exceeds £50,000 per annum the deposit will be increased to six weeks’ rent.

Unpaid Rent - Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid, in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears'
     
Lost Key(s) or other Security Device(s) - Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys, will be charged to the tenant.
 

Variation of Contract - £50 per agreed variation - To cover the costs associated with taking Landlord’s Instructions, as well as the preparation and execution of new legal documents.

Change of Sharer - £50 per replacement tenant or any reasonable costs incurred if higher. To cover the costs associated with taking Landlord’s instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.

Early Termination - Should the tenant wish to leave their contract early, they shall be liable to pay the Landlord’s costs in re-letting the property as per their required service selection as highlighted above, as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy.

Client Money Protection Scheme – We are members of ‘Client Money Protect’ and our membership number is
CMP004399.

Our Redress Scheme – The Property Ombudsman - https://www.tpos.co.uk/
 

Should you wish to discuss our services, please contact our Lettings Department on 0113 274 5360 option 2 or by email – office@cornerstoneleeds.co.uk
 

All of the above figures include vat and maybe subject to change.

 

If you are thinking of letting a property in the area, please contact us via e-mail or phone for a no obligation free valuation.