Property Rentals
Peterlee and Durham
Blue Street - your local, friendly and professional Property Letting agent for Peterlee and Durham.
Information for Tenants
Good news! So you have found your perfect home, simply contact us via our contact us page and we will arrange to complete your application before we can take the property off the market you will need to pay the Holding Deposit which will reserve your property until the application is complete. To pay your Fee please contact us via our contact us page.
Below is a list of our current permitted payments. At any time, if you are interested in a property, please ask a member of staff for a full breakdown of permitted payments that may be payable before, during and after a tenancy.
Holding deposit (per tenancy) one weeks rent. This is to reserve a property. Please note: this will be withheld if any relevant person (including any guarantor(s)) withdraw from the 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).
Rent as per AST.
Security Deposit (per tenancy). Rent under £50,000 per year) five weeks rent. This covers damages or defaults on the part of the tenant during the tenancy and applies to assured shorthold tenancies (AST).
Security deposit (per tenancy. Rent of £50,000 or over per year) six weeks rent. This covers damages or defaults on the part of the tenant
during the tenancy and applies to assured shorthold tenancies (AST).
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 or 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. If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken to replace lost key(S) or other security device(S).
Variation of contract (tenants request) £50 (inc VAT) per agreed variation. To cover the costs associated with taking landlords instructions as well as the preparation and execution of new legal documents.
Change of sharer (tenant requests) £50 (inc VAT) per replacement tenant or any reasonable costs incurred if higher. To cover the costs associated with taking landlords instructions, new tenant referencing and right-to-rent checks, deposit registration as well as the preparation and execution of new legal documents.
Early termination (tenants request). Should the tenant wish to leave their contract early. They shall be liable to the landlords costs in re letting the property 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. Tenants would also remain liable for bills such as council tax until the end of their fixed term contract or until a new party became liable by signing an AST.
Client money protection is provided by Money Shield.
Tenant Bonds are protected by the DPS.
Information for Landlords
When letting your property, we understand finding the right tenant who pays the rent on time and takes good care of your property is the essential part of our service. We also realise due to other business and work commitments some landlords have less time on their hands to look after and manage their investments.
Listed below are the service options available:
Full Property Management Service
The Fully Managed Service is perfect for the busy landlord with limited time available for managing their investments, from a single property to a large portfolio we will look after every aspect of the tenancy.
We charge a set up fee for the preparation of particulars, marketing your property and finding you a suitable tenant. We will also draw up any necessary tenancy agreement and prepare a detailed inventory (charged to the tenant) at the start of the tenancy. A monthly fee will then be charged for managing day to day tenant enquiries, periodic inspections and rent collection.
This service includes:
- Marketing your property to potential tenants advertised on huge marketing networks that include Rightmove and Zoopla
- Accompanied viewings with potential tenants
- Organise tenant referencing, credit checks and arranging for guarantors when necessary
- Tenancy Agreement (charged to the tenant)
- First months rent collection and deposit
- Inventories and schedules of conditions available to purchase
- Utility readings taken
- Deposit held in the Deposit Protection Scheme
- Quarterly inspections
- Advise you when tenancy is coming to an end and take instructions on re-letting the property
- Property inspection and inventory at the end of the tenancy available to purchase
- Rent collection
- Monthly statements of rent payments
Tenant Find
The Tenant Find Service is perfect for the Landlord who is happy to take on the responsibility of managing the tenancy themselves, and just wants assistance finding a suitable tenant.
We charge a Tenant Finders fee for the preparation of particulars, marketing your property and finding you a suitable tenant. We will also draw up any necessary tenancy agreement and prepare a detailed inventory (charged to the tenant) at the start of the tenancy.
This service includes:
- Marketing your property to potential tenants advertised on huge marketing networks that include Rightmove and Zoopla
- Accompanied viewings with potential tenants
- Organise tenant referencing, credit checks and arranging for guarantors when necessary
- Tenancy Agreement (charged to the tenant)
- First months rent collection and deposit
Rent collection Service
The Rent Collection Service is perfect for the Landlord who is happy to take on the responsibility of managing the tenancy themselves, and deal with any maintenance issues or requests from their tenants, but would like assistance with the administrative and financial duties.
The monthly commission for the Rent Collection service is lower than our Fully Managed Service, we will take the responsibility for the collection of rent, producing monthly statements and making payments to the landlord by BACS.
This service includes:
- Arranging a Standing Order for the payment of rent
- Deposit held in the Deposit Protection Scheme
- Organise tenant referencing, credit checks and arranging for guarantors when necessary
- Monthly statements of rent payments
- BACS payments to the Landlord