Selling

Letting your property

Property Lettings in Marylebone, Maida Vale and Regents Park

At Ultra Estates we have an unrivalled knowledge of Central London. This, coupled with our knowledgeable and friendly people, enables us to offer you the professional service you deserve.

It is not just results that you can expect from us at Ultra Estates. It is our efficiency combined with an approachable and professional service that puts you, the Client, first every step of the way.

At Ultra Estates, we have detailed knowledge of the areas within which we operate. We have been renting properties in Marylebone, St Johns Wood, Hampstead, Maida Vale and Central London successfully for many years. We thoroughly qualify our applicants to ensure we expose our Client's properties to the right candidates. We use an extensive referencing process enabling us to provide a high level of tenant. We work closely with local institutions such as The London Business School and top firms in the area.

Ultra Estates currently manage many of our International Client's properties across London. Our Client's choose us as they can be confident that when doing so, Ultra Estates manage with care. We treat our Client's properties with the respect and attention that is required. We give regular feedback and are always quick to remedy problems.

Landlord Fees

Let Only Service
10% plus VAT (12% inc VAT) of the annual rent for the initial term of the contract.

Management Service (Includes Rent Collection)
6% plus VAT (7.2% inc VAT) of the annual rent for the initial term of contract.

Renewal Commission
10% plus VAT (12% inc VAT) for the renewal term

Let only Service

  • Fully reference tenant
  • Collect and remit initial months’ rent received
  • Create tenancy agreement
  • Agree collection of any shortfall and payment method
  • Provide tenant with method of payment
  • Deduct any pre-tenancy invoices

Fully Managed

  • Collect and remit monthly rent received
  • Pursue non-payment of rent and provide advice on rent arrears actions
  • Deduct commission and other works
  • Advise all relevant utility providers of changes
  • Undertake inspection visits and notify the landlord of the outcome
  • Arrange routine repairs and instruct approved contractors
  • Hold keys throughout the tenancy term where possible

Administration Fee
£300 plus VAT (£360.00 inc VAT)

Additional Fees and Charges

  • Deposit Protection Scheme (DPS) Fee. Register the Deposit with DPS and provide Tenant and Landlord with certificate: £30.00 (inc VAT)
  • Inventory Fee (check out) (Landlord's share). Dependent on the number of bedrooms and/or size of the property and outbuildings and provider used: From £156 (inc VAT)

Tenant Fees

Once we have found the property you want to rent and your offer has been accepted by the landlord, you will be required to pay a non refundable reservation deposit equal to two weeks rent.

Administration Fee
£300 plus VAT (£360 inc VAT). Preparation of tenancy agreement, sending out statement of accounts for the move in monies

Reference Fee
£50 plus VAT (£60 inc VAT) per application. Referencing tenants (identity, immigration and visa confirmation

Inventory Fee

Inventory Fee (check IN) (Tenant’s share). Dependent on the number of bedrooms and/or size of the property and outbuildings and provider used: From £156 (inc VAT)

Preparation of Renewal Tenancy Agreement

£300 plus VAT (£360 inc VAT)

Members