There are certainly more than 9 reasons to choose Coxford Lettings as your preferred Letting Agent, but we feel these 9 make up the bulk of them.
There is no VAT to pay here.
As a small business, our annual turnover is nowhere near the threshold needed to pay VAT. So we don’t have to pay VAT, and neither do you.
And if you are currently paying your existing letting agent VAT, you could be saving yourself 17% a month coming to us.
Our current full management commission is 6% of the monthly rent.
So on a property that is £850 a month, our commission would be £51.
And remember that we don’t charge VAT. So if your current letting agent is charging more than 6% and charges VAT, come and talk to us – we can save you loads.
No Set Up Fee
We don’t charge a setup fee when you bring a property to us. And we don’t understand why a lot of letting agents do.
We’re lead to believe that this setup fee is to cover putting you on the system, and covering the costs of advertising, etc. But in order to advertise the property, this would have to be done anyway, so why charge for it?
So always question the need for a set-up fee. Or bring your property to us, and you won’t have to ask that question.
No Renewal Fees
Renewal Fees, we are told, occur when a tenancy needs to be renewed, and is meant to cover time and paperwork. Some have even suggested that it is needed to arrange a new set of checks.
Since we started in 2006, we have never charged anyone a renewal fee, and like setup fees, we don’t understand why letting agents need to do so either.
If you have a good relationship with your tenants, they pay on time, respect the property, and you visit every three months, you already know what their situation is.
So on the 6 or 12 month mark (depending on length of tenancy), we arrange for a visit at a time when all tenants are available, and arranging for the new tenancy agreement to be signed then.
It’s not rocket science – just very simple.
Simple Tenant Find Only
We like to keep things simple here – especially for those landlords who like to manage their own properties.
So whatever size of flat or house that you have – be it a one bedroom flat, or a 6 bedroom house – the tenant find fee will always be £175.
There is no setup fee.
And there is no renewal fee – If we find you tenants, and they stay in there for 4 years, that’s great, because we only expect to be paid the once, not every time you renew the tenancy agreement.
And remember that there is no VAT to pay.
I am not a number. I am a free man.
We strive to treat everyone as a person, not just as a number or a reference. It’s one of the advantages of being a small business – we like to know everyone by name, and treat everyone with dignity, respect and as an equal.
We are a truly independent agent.
It’s not a franchise, or part of a much larger chain.
That means we can think more outside of the box, and be more proactive.
Going the extra mile
We always try and go the extra mile to help our landlords and tenants.
This can be as simple as taking on an extra task when managing a property, or keeping an eye on a property for a tenant, while they are away.
You never know until you ask.
We have extensive knowledge of the Southampton area, having been based here since 2006.
If you are looking to purchase a buy to let property in Southampton, we can certainly advise you on the best areas and the best properties.
Time allowing, we can also accompany you on viewing potential properties, advising as we go along. In some cases, we will even book viewings for you, especially if you are planning to invest in a property in Southampton from elsewhere in the UK or abroad.
The knowledge is here – you might as well make good use of it.