The buy to let market has seen significant changes in recent years, with property prices fluctuating across different areas, making it challenging to sometimes determine the best locations to invest. That’s why we offer rental estimates for properties you’re considering, help you identify in demand properties, and guide you away from those with features that may not appeal to tenants.
Whether you’re an experienced investor, an accidental landlord, or a first time landlord, Butterfly Lettings is here to support you. For unbiased advice tailored to your specific situation, please call us on 01603 870870.
We offer honest feedback on current market conditions and provide an accurate assessment of your property’s rental potential.
If needed, we can also suggest improvements to make your property more attractive to prospective tenants, helping you secure a let quickly and reduce the risk of future void periods.
At Butterfly Lettings, we ensure maximum exposure for your property by advertising on portals such as Rightmove & Zoopla, as well as our own website. Our proactive approach helps to minimise void periods and maximise rental income.
We would recommend one of our lettings agents accompany viewings, however you are welcome to undertake them if you prefer.
We use a reputable independent referencing company to conduct thorough checks on all prospective tenants. This includes employment
verification, landlord references, and credit assessments to ensure the tenants are reliable.
Energy Performance Certificate (EPC): A legal requirement for rental properties, valid for 10 years. We can arrange an EPC for £85.
Gas Safety Certificate: Required annually for properties with mains gas. We can arrange this for £72. If you are using our Let Only or Rent Collection service there will be an admin fee of £15 taking the total fee to £87.
Inventory: We use an independent inventory clerk to create a detailed inventory. The cost varies by property size, and service you choose. Prices start from £120.
Electrical Installation Condition Report (EICR): We can arrange this report, with costs varying by property size. Prices start from £168 – Contact us for more details.
Smoke alarms and Carbon Monoxide alarms: We can arrange for these to be fitted at a cost from £54.
Letting Fees:
Letting Only Service: 80% + VAT of first month’s rent (96% incl. VAT), minimum £450 + VAT (£540 incl. VAT)
(payable in a single payment at the start of the tenancy).
Rent Collection Service: 80% + VAT of first month’s rent (96% incl. VAT), minimum £450 + VAT (£540 incl. VAT).
Plus 7% + VAT of monthly rent (8.4% incl. VAT)
(deducted monthly)
Fully Managed Service: : 50% + VAT of first month’s rent (60% incl. VAT), minimum £350 + VAT (£420 incl. VAT)
Plus 12% + VAT of monthly rent (14.4% incl. VAT)
(deducted monthly).
Please contact us for a detailed explanation of each service.
For our ‘let only’ service, rent is paid directly from the tenant by standing order on the due date each month.
For our rent collection service, we process and pay out the rent to you within 2 working days
We typically require a 5-week deposit plus one month’s rent in advance. This deposit is registered with the Tenancy Deposit Scheme within 14 days to ensure protection for both parti
Do you know someone looking to rent out their property? Refer them to us, and you could earn a £100 reward! Just recommend Butterfly Lettings, and if they choose us as their letting agent and we successfully rent out their property, you’ll receive £100 as a token of our appreciation.
It’s that simple! At Butterfly Lettings, we’re committed to providing exceptional service and impressive results for our clients. So why not spread the word, help someone find a top-notch letting agent, and earn some extra cash along the way? Contact us today for more details and start earning!
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