North East Property  Lettings and Management (NEPLM)

Letting your property to the right tenants speedily, and maintaining high levels of occupancy, are both key to the viability of your buy-to-let investment. Our sister company NEPLM, currently manage in excess of over 300 residential properties through our in-house lettings business, and provide expert advice on the right rental valuation and the most suitable type of tenant.

NEPLM have consistently achieved levels of occupancy in excess of 95% due to the emphasis NEPLM place on recommending properties that, through our experience and expertise, NEPLM know will rent well. Access to long-term, government-backed contracts has also been instrumental in delivering both high levels of tenant occupancy and eliminating the risk of non-payment of rent.

Our ongoing management service includes:

• obtaining appropriate references and full credit checks for prospective tenants
• collection of the deposits and registration with the government approved TDS deposit scheme
• preparing a tenancy agreement and any other relevant notices
• arranging an inventory of the property and its contents
• monthly rent collection and payment to clients
• submitting accounts if requested
• full maintenance of the property – including regular inspection visits and the organisation of routine repairs – thereby safeguarding the value of your investment.

Finally, should you feel it necessary, NEPLM can arrange for the purchase of a ‘rental guarantee‘, a form of insurance designed to maintain your income should a tenant default by more than one month on their rental payments.