Rental Values and the knock-on effect for Landlords.

Calling all new potential landlords!

Realm are having continued success with letting cottages and houses in the immediate area. There is a steady demand of applicants looking for the 'Village' lifestyle, that can only be found in the Tonsley's. The appeal of the area alongside the style of the cottages and houses has ensured that the rental prices have more or less remained the same over the last 18 months - even after all the recent political upset and turmoil.

However, on the flip side we have found that over the last year the rental values on new apartments are going down, having been eroded by the supply of new flats coming onto the register from Battersea to Putney.

So, our advice to potential landlords is to always try and invest in Victorian flats, cottages or houses as they will continue to appeal to future renters. The benefit of Victorian investments is that the properties don't have hefty service charges, which cannot be offset when in 2020 when the chancellor's new landlord tax liabilities will kick in.

More importantly the capital values are far stronger in Victorian investments than any modern apartment purchase will ever be.

Sales

Realm Estates have a long established reputation as market leaders in selling properties in the Tonsleys and Earlsfield achieving the best possible values with a widely experienced sales team at your disposal.

Lettings

Realm offer a wide range of services covering every aspect needed in order to Let your property both on long term Let’s and short term.

Bespoke Property Management

Realm provide a hands on approach to property managment, all cared for from our local Tonsleys offices and offering unrivalled experience and care of duty to all our Landlords both locally and overseas.

Commercial Lettings

Realm Estates are able to help with All aspects of Commercial sales and Lettings both locally and central London.

Auctions

Realm Estates offer a fully comprehensive auction department with online interaction for both buyers and sellers.

Fees

Residential Lettings Fees Information

Holding Deposit

Equivalent to one week's rent, which will be put towards your first month's rent due prior to commencement of the tenancy. 

Deposit

Five Weeks Deposit, where the annual rent is less than £50,000

Six Weeks Deposit, where the annual rent is more than £50,000 

Realm Estates are members of the Deposit Protection Scheme (DPS), further details regarding this scheme can be viewed on their website. If the Deposit is not being held by Realm Estates, your Landlord will confirm details of the scheme they have chosen.

Changes to the Tenancy

Where requested by the Tenant, any changed to the tenancy agreement the charge for this will be up to £50, or reasonable costs incurred if higher.

Change Of Tenant

Fee £50.00 (per person)

Payments

All move in monies must be paid to Realm Estates and must be received into our account at least one week prior to the commencement of the tenancy. The funds must be cleared funds and Tenants should be aware that banks generally require three working days for a bank transfer and longer if transferring funds from overseas. We are not able to release keys until all the move in money has been paid and all the Tenants have signed the contract.

Monthly rental payments must be paid by standing order from the second month onwards and only one standing order can be accepted. Therefore, Tenants who share a property will need to set up a house account or organise payments to be made through one Tenants’ bank account, the reference for payment should be the property address. Please do allow three working days for payments to arrive into the payee’s account and it will usually be due on the same day as the commencement of the tenancy.

If during the process something becomes known such as false or misleading information, which you should have informed us, the Landlord can decide they no longer wish to proceed with the tenancy. Realm Estates are unable to refund any monies held if unsatisfactory references are received, deliberate misrepresentation, or attempts by the tenant to alter the terms of the initial proposed contract or if the Tenant chooses not to proceed. 

Prices shown includes VAT at the prevailing rate

Residential Lettings Fees Information

Holding Deposit

Equivalent to one week's rent, which will be put towards your first month's rent due prior to commencement of the tenancy. 

Deposit

Five Weeks Deposit, where the annual rent is less than £50,000

Six Weeks Deposit, where the annual rent is more than £50,000 

Realm Estates are members of the Deposit Protection Scheme (DPS), further details regarding this scheme can be viewed on their website. If the Deposit is not being held by Realm Estates, your Landlord will confirm details of the scheme they have chosen.

Changes to the Tenancy

Where requested by the Tenant, any changed to the tenancy agreement the charge for this will be up to £50, or reasonable costs incurred if higher.

Change Of Tenant

Fee £50.00 (per person)

Payments

All move in monies must be paid to Realm Estates and must be received into our account at least one week prior to the commencement of the tenancy. The funds must be cleared funds and Tenants should be aware that banks generally require three working days for a bank transfer and longer if transferring funds from overseas. We are not able to release keys until all the move in money has been paid and all the Tenants have signed the contract.

Monthly rental payments must be paid by standing order from the second month onwards and only one standing order can be accepted. Therefore, Tenants who share a property will need to set up a house account or organise payments to be made through one Tenants’ bank account, the reference for payment should be the property address. Please do allow three working days for payments to arrive into the payee’s account and it will usually be due on the same day as the commencement of the tenancy.

If during the process something becomes known such as false or misleading information, which you should have informed us, the Landlord can decide they no longer wish to proceed with the tenancy. Realm Estates are unable to refund any monies held if unsatisfactory references are received, deliberate misrepresentation, or attempts by the tenant to alter the terms of the initial proposed contract or if the Tenant chooses not to proceed. 

Prices shown includes VAT at the prevailing rate