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At Jordan & Halstead, we’ve been working with EPCs since their introduction in 2008, so we’ve seen our fair share of different homes in that time. An EPC is a vital piece of documentation that everyone selling or letting out their home needs before they can put their property on the market, but it’s something a lot of people might forget about, or not really know what to do about getting. In this blog post, we’ll run through everything you need to know when it comes to EPCs for selling or letting your home, how you can improve the energy efficiency of your home, and more, so if you’re confused, keep reading.

What Is An EPC?

An EPC, or Energy Performance Certificate, essentially tells potential buyers or renters how energy efficient your property is. This, in turn, tells them how much bills are likely to be in the home, such as heating and electricity. All properties with an EPC are rated on a scale from A (the most energy-efficient) to G (the least energy efficient), and this is generally based on the amount of energy the property uses per square metre, and the levels of carbon dioxide the property emits every year.

Do I Need An EPC, And How Do I Get One?

Every home that is being sold or let needs an EPC in order to be put to market, with a few notable exceptions which we’ll touch on later. If you’re trying to sell or let a home without an EPC, you can be subject to non-compliance penalties, which can mean a fine. If you’re a landlord you can’t evict tenants in certain circumstances if you haven’t provided them with an EPC.

Your EPC assessment will be carried out by EPC or Domestic Energy Assessors, who will survey your home to understand how energy efficient it is. This generally takes an hour or two, depending on the size of your property. They’ll pay special attention to things like glazing, insulation and your boiler, as well as where your electricity comes from. They’ll then give you your EPC, which appears on a coloured scale from A to G. If your home has a very poor energy efficient rating, you might be restricted in what you can do with the property, and you should look into making the building more energy-efficient. For example, if you are letting out a property in England, as of 2018 your property has to have an EPC rating of E or above before you can accept any new tenants.

How Can I Improve My Energy Rating?

If you have a poor energy rating, you might need to carry out some improvements in order to do what you’d like to with the property, such as let it out. A poor EPC rating will also often lower the value of your home when you’re trying to sell. Aside from all this, a poor rating will usually mean you’re wasting money on a home that isn’t energy-efficient, and you could be paying less for your energy bills. Some of the most popular ways to improve your EPC are:

• Switching to energy-efficient light bulbs to reduce your electricity consumption quickly and easily.
• Take a look at your home insulation – a better-insulated home means less need for central heating, less waste and lower bills for residents.
• Consider switching to a newer boiler, and look into smart heating options to see if you could improve the efficiency of your heating with a bit of help from the computers!
• Find out where your energy is coming from, and consider switching to a renewable source or investing in your own renewable sources of energy.
• Make sure your property has double glazing, or look into getting it installed, as this can help to insulate your home incredibly effectively.

Everything You Need To Know About The EPC Register

The EPC register is a publicly available list of all properties with an EPC, and the EPC is visible to anyone who wants to see it. This is useful for new or potential buyers comparing similar properties, different areas or older properties, as these generally have lower EPC ratings than new builds. Your home will automatically be put onto the EPC register when it is assessed, so you don’t have to do anything else to make sure you’re on the register.

Exceptions To The Rule

Listed buildings have been exempt from needing an EPC since 2013, but there are still certain energy efficiency standards that have to be met, and you can get an EPC for your listed building if you want to. As EPCs last for 10 years, if your building had an EPC before 2013, then it has to have an E rating as a minimum. Of course, things like putting in double glazing and more modern insulation can be much more difficult – if not completely impossible – in a listed building, so if you find yourself with a listed building that isn’t up to scratch on the EPC, see if there are any less intrusive ways to improve, such as draught-proofing or installing a more energy-efficient boiler.

Religious buildings and places of worship are also usually exempt from needing an EPC, as are industrial sites and agricultural buildings and temporary buildings that have a planned time of use of fewer than two years.

At Jordan & Halstead, our team of property experts can help you prepare your property for market, including making sure you have an EPC and advising you on the best steps to take if you find your home isn’t as energy efficient as you’d like. To find out more about our team, how we can help you, or just for an honest, open and transparent chat about your next steps on the property ladder with a local property expert, contact Jordan & Halstead today.

At Jordan & Halstead, our team are dedicated to creating the best possible results for our clients, no matter what the season is or what the market around looks like. We carry out open houses for many of our properties to help get as many offers as we can on the day, and ensure that you get the best possible price for your home. Our team are highly experienced when it comes to negotiating the best price for all of our properties, and can advise you on what to do best for your market, but there are some things that you can do to make the journey from viewing to offer as quick and smooth as possible. 

This is especially true in winter, when some people might say that it’s more difficult to sell your home. Winter is colder, darker and the weather isn’t often at its best, but this can actually be an opportunity rather than a weakness. While your garden probably won’t look as nice as in spring or summer, or it might be cold and raining when your viewers arrive, you have the opportunity to show off how homely your property can be and offer viewers the ultimate cosy retreat from the elements! So while some people might tell you not to sell your home once the days start to draw in, the team at Jordan & Halstead have some tips for making your home look its best in the winter months.

Don’t Let Your Garden Fall By The Wayside

In winter, it’s normal for all but the most green-fingered of us to forget about the garden for a few months. Trees or hedges are less obtrusive now they’ve dropped their leaves, grass on the lawn doesn’t grow as quickly, and even the most unruly plants will slow their growth in the colder months. However, if you have a winter home viewing, it’s time to put on your coat and wellies and give your garden a quick sprucing. Making sure leaves and branches are cleared away and any outdoor spaces like decks or patios are freshly washed and neat can really take your garden from a lost cause to full of potential in the eyes of viewers. The same thing goes for front gardens or patios, which usually need the same care and attention before you’re ready to really show your home off.

A Merry Little Christmas

While for some of us December is the time to get your lights on, sparkling signs out and inflatable Santa put up, if you’re selling your home, you might want to take a different approach this year. No one will resent you for a festive tree and some lights up the garden path might actually help to make your home look cosy and inviting, but it might be worth leaving the neon reindeer in storage this year! You don’t want the place to look cluttered or messy, and the extra decorations can take up a lot of space and make your rooms look smaller than they usually are.

Banish The Cold

There aren’t many things less inviting to potential buyers than a home that is cold and dark, so make sure your heating is working well, to prevent any frosty first impressions. You should also try to make sure that you don’t have any lightbulbs that are broken or out, including outside lights, as viewers will be looking at these more closely in the darker winter months.

If you can, try and make sure your home is available for viewings during the day, as having natural light in the home is one of the best ways to show it off. If you’re not available, the team at Jordan & Halstead can carry out viewings on your behalf!

Invest In A New Doormat

While that might sound like the last thing on your mind when preparing a house for viewing, you’ll probably have a lot of people coming in with wet feet in the winter, especially if you’re carrying out an open house. A new doormat will hopefully reduce the amount of cleaning you have to do and keep your floors looking their best for every potential buyer who visits! It’ll also look nice and welcoming when your viewers first arrive.

To find out more about how the team at Jordan & Halstead can make your home look and feel its best in time for a winter viewing, or to find out more about our open houses and how our team can get you multiple offers in one day, contact us today, and get your property journey started without having to wait for summer!

With the number of properties in this area going onto the market decreasing considerably more than the number of buyers, sellers in Flintshire, Buckley and the surrounding area are in a great position. Having a larger pool of buyers than competitors means your property will stand out and that you can ask a higher price as the competition among buyers is more intense. However, with an experienced estate agent on your side, buyers can also make the most out of their local property market.

The team at William Gleave have been helping our customers get the very best from favourable markets for years now, and bring an honest, informed and transparent approach to the local property market. Contact us today to see how we can help you this winter.

Last month, we saw an overall slowing in the local property market, which is common for the season, as people are less keen to move house over the Christmas period. This trend has continued this month, with the market becoming a little quieter over the course of November. However, there’s no reason to despair, as with a team who understands the market working with you, you’ll be able to take advantage of a slightly slower market to get the best possible value out of your home. Less competition for buyers means no bidding wars, while sellers don’t face a lot of competition, resulting in a quick and profitable sale.

With a team on your side who really understands how your market fluctuates, now is still a good time to buy and sell property with the team at Jordan & Halstead. Contact the team at our award-winning Wilmslow office today to find out how to make the most of the current market and get you the best value for your property.

Like last month, we saw a slowing of the market, with decreases in both the number of new instructions and sales agreed. This might make you think it isn’t a good time to make big property steps, but you’d be wrong, as with the right help and guidance you can take advantage of a quiet market to get a quick, profitable and stress-free sale. With less competition for buyers, you don’t have to go over budget to beat out other bidders, and for vendors having a marketplace not saturated with other properties will help you stand out.

The team at Jordan & Halstead Chester have been helping our customers make the most of their local market year-round since 2009, so we have the experience you need to get the best out of your home. Contact the team today to see how you can really get your property moving this winter.

Jordan & Halstead are delighted to announce our Wilmslow office has been awarded Gold Winner Letting Agents in Wilmslow & Alderley Edge at the British Property Awards 2019-2020.

The British Property Awards are some of the most highly regarded awards in our industry and are assessed using 25 stringent standards, all of which we have had to exceed to be eligible for a gold award. This award sets us apart in the local market, showing our dedication to customer care and the honesty and transparency we offer all of our customers in the area. We’ve now been put on the shortlist for several national awards to be announced in 2020, which we can’t wait to share!

We are especially proud to receive this award as estate and lettings agents don’t pay to be eligible for a British Property Award, making them one of the most comprehensive, impartial and accessible awarding bodies in the property sector. All agencies are visited by mystery shoppers to make sure that the awards genuinely reflect the service that every customer receives at Jordan & Halstead Wilmslow. We are immensely proud of the team at our Wilmslow branch, who performed incredibly throughout the judging process, and offered amazing customer service to the judges, as they do to every single one of our customers. We’re always happy to go above and beyond for every one of our clients, and this award is a wonderful achievement for our team in Wilmslow & East Cheshire.

At Jordan & Halstead Wilmslow, our team are passionate about helping customers all over South Manchester, East Cheshire, Wilmslow and the surrounding area find the perfect home for you, whether you’re buying, selling letting or renting. Our business, both at our Wilmslow branch and our Chester and Flintshire locations, is based first and foremost on providing genuine, accurate, transparent and helpful advice to our customers. While moving house can be a stressful process, we believe that with a team of experts on hand to give you all the help and support you need, it really can be easy, enjoyable and stress-free to buy, sell, let or rent your home.

To find out more about our award-winning service, book a free valuation with our team or just get some good, honest advice on how to take your next steps in the property market, contact our Wilmslow office today.

At Jordan & Halstead, our team are always working to help make the property market clearer and more accessible to our customers. By giving our customers all the information they need to make informed choices about their home and property, we help them put their best foot forward and get the most out of their local property market every time.

From our Wilmslow branch, we advise and support customers all over East Cheshire and South Manchester, helping them to make property decisions that are right for them, and in these monthly market updates, that’s exactly what we aim to do for you. All of the data we give you comes from Rightmove and Zoopla, to make sure the advice and information we offer is always impartial, accurate and up-to-date. So to find out more about the Wilmslow and East Cheshire property market and how it’s faring this month – keep reading!

In October 2019 we saw 317 new instructions, which is down from 393 over the same period last year. We also saw 3399 new instructions to sell year to date.

There was a 15% decrease in the number of sales agreed since October 2018. In October 2018, there were 231 sales agreed across the market, compared to 195 in October 2019. Year to date, there were 1644 sales agreed.

As we can see, property values across East Cheshire are still considerably higher than the UK average, with prices continuing to increase across the area.

In the run-up to winter and the festive period, we often see the property market slow overall, for both buyers and sellers, a trend which we can see in this month. However, a smaller, less competitive market can be good for buyers as you are less likely to be outbid and homes may spend more time on the market at this time of year. A slower market can also be a great advantage for sellers, as if you’re selling your home, you can take advantage of this period to help get the best possible price. Less competition from other sellers means that your home is likely to sell for a good price and that buyers will be committed.

To find out more about how to best take advantage of these changes in the property market, the services Jordan & Halstead can offer and how our team can help you, contact us today!

Thanks for reading,

Jordan

At William Gleave (a part of JH National), we are the local experts on the property market in Flintshire, and are passionate about helping our customers make the best decisions for their homes, based on the current property market and how you can best use it to your advantage.

The team at William Gleave are passionate about helping our customers get the most value out of their property and the market they’re in, which is why we do these market updates to help give you the insight you need to make your next big property decision.

In September 2019, the Flintshire market saw 257 new instructions to market, compared to 243 in September 2018. There were also 2226 new instructions year to date, showing that the number of people selling their home is growing.

The number of sales agreed is also rising, from 181 in September 2019 to 192 in 2019. This tells us that now is a good time to sell your home, as the number of buyers in the market is growing, increasing competition and giving you the best opportunity to get an excellent price for your home.

The average property value in the Flintshire market is £184,162, a figure which is down slightly from the same time last year, by 3.78%.

All this data tells us the the Flintshire market is full of potential for both buyers and sellers, as we see the number of people both buying and selling homes. The market is picking up and with the team at William Gleave, you can make the best decisions for your property and feel confident that you’re making the best movements for you.

To find out more about the team at William Gleave, the services we offer and how best to navigate the property market in your area, contact us today and make sure that you’re staying informed about your property every month.

Thanks for reading,

The team at William Gleave Estate Agents.

At Jordan & Halstead, we are proud to use our local knowledge to help our customers make the best property decisions for them. As experts in the local Chester property market, we have plenty we can share with you to help you navigate the local property market, which is why I do these monthly updates, to keep you in the loop about what’s going on in your property market, and give you the knowledge you need to get the most out of your home!The number of new instructions for the month of August has risen from 254 in 2018 to 300 in 2019. The Chester market has also seen 2764 new instructions year to date, showing that the sales market is thriving.

The number of sales agreed has dipped slightly since the same period last year, from 236 sales agreed in September 2018 to 222 in September 2019. Year to date, there were 1676 sales agreed across the Chester property market.

Property values have gone down slightly in the last year to an average value of £258,916, representing a 2.87% drop since this time last year.

This shows us that the market is always moving and changing, so it’s vitally important to stay on top of things when it comes to getting the most out of your property in the Chester area.

This is a perfect time for first time buyers to get a foot on the property ladder, or for landlords to expand their portfolios. If you’re looking into selling your home in the current market, it’s vital to get the best possible valuation for your home, ensure it is marketed well and that your home creates some buzz, which is exactly what we do with our open houses.

To find out more about your property market, what we do at Jordan & Halstead or to get some advice about what it is you should be doing when it comes to your property, contact our team today.

Thanks for reading,

Jordan

At Jordan & Halstead, we are passionate about taking the confusion out of the property market, and giving you everything you need to make the best decisions for you and your property.

From our Wilmslow branch, we help customers make informed property decisions across East Cheshire and South Manchester, so to find out what’s going on in the Wilmslow and East Cheshire property market this month – keep reading!

In September 2019 we saw 383 new instructions, which is up from 360 in the same period last year. We also saw 3115 new instructions year to date.

However, we did see a slight decrease in the number of sales agreed since September 2018. In 2018, there were 231 sales agreed across the market, compared to 182 in September 2019. Year to date, there were 1518 sales agreed.

Property values across East Cheshire remain much higher than the UK average, though prices have fallen very slightly across the board in the last 12 months:

• Alderley Edge – £646,175 – Down 0.59%
• Wilmslow – £430,695 – Down 0.59%
• Bramhall – £455,068 – Down 0.68%
• Prestbury – £836,007 – Down 1.10%

All this data tells us that now is a good time to buy a home, as there are a lot of available homes, so with a trusted estate agent you should be able to negotiate the best possible price.

When it comes to selling your home, it is vitally important to effectively market your home and ensure you have an accurate valuation. When you sell your home with Jordan & Halstead, no matter what the market conditions are, you can be confident you’ll get the best possible valuation, and our open houses will also help to get you the best possible price.

To find out more about Jordan & Halstead, the property market in your area and the services we can offer, contact our team today!

Thanks for reading,

Jordan.

With online estate agents shaking up the property world, it’s vital to understand the basic differences between online and local agents. In this blog post, we’ll take a look at what makes online and local agents different, and help you choose which you should use when it’s time to sell your home.

Prices

The thing that attracts most people to online estate agents is, first and foremost, the price. Some online agents offer to sell your house for less than £100, and anything over £1000 is very rare for an online agency. By contrast, local estate agents generally charge around 1% of the sale price, which means on a £300,000 house, you could be paying up to £6000 in estate agents fees. This is the main reason people choose to sell their home with an online agency, as the upfront savings are quite significant.

Some online estate agents, like Purple Bricks, will offer a ‘hybrid’ service in association with local estate agents, to give you a local point of contact for home viewings and other services. These services will be more expensive than an online agent, but still less than a local agency.

However, you might find that the hidden costs of an online agency can add up very quickly. You might end up locked into using an online service’s in-house conveyancy or mortgage broker services, or be subject to extra fees.

You usually also have to pay upfront when using an online estate agency, which means that there is little incentive for the agent to sell your home quickly or for a better price, and if you decide not to sell, to switch agents or if the company goes out of business, you can’t get your money back. Some online agents do offer deferred payments, but these are often more expensive than the standard packages and you usually have to pay after around a year, regardless of if your home has been sold.

With a local agent, no sale no fee is quite common, and since they receive a percentage of the sale price, selling at a higher price is better for you and your agent, giving them an incentive to sell your home quickly, and at the best possible price.

Services

Selling a home with an online estate agency will generally be a very hands on procedure for you, and quite hands off for the estate agency. There is often an online portal that allows you to see how the sale of your property is coming along, and gives you far more control and transparency over the process. However, you may well often be arranging or conducting viewings, negotiating with your potential buyers and the agent, which can be stressful and take up a considerable amount of time. 

You might also find that while you can contact your online agent more frequently (some agents offer 24/7 phone lines), you’ll often speak to a different person every time, as it’s essentially a call centre, and information can easily get lost por missed between calls.

In a local agency, you’ll mostly be serviced by one agent who will work with you throughout the sales process. This is especially advantageous for more difficult sales, as you won’t have to explain your situation every time you call, and your agent will know everything they need to about your home.

A good local estate agency will take on most of the legwork for you. This means that they’ll be progressing your sale and working to find you the best possible buyer behind the scenes, even when you feel like you aren’t hearing much from them. They will be able to conduct viewings on your behalf and help weed out any time-wasters before you even need to interact with them. This approach can save you a considerable amount of time and effort, and really reduce the stress associated with selling your home.

Knowledge

While some online estate agents like Purple Bricks now offer a ‘local’ service with an agent you can contact in person, you should always check how wide their sales area is, and the knowledge they have of your area, right down to the street you live on. 

Most online agencies will use online data to value your home, which can often be inaccurate, as their valuations aren’t as informed or hyper-localised as with a local agent. They also won’t take into account other factors inform the value of your home, such as decor, the distribution of the space in your home and the street and local area it’s situated in. This includes things like transport links, schools, building works, and the potential of the home.

With a local expert agency like Jordan & Halstead, your agent will know the local area and its property market inside and out, and can give you honest advice and accurate valuations to ensure you get the best possible start to your home selling journey. As a local agent, we are also able to advise you on how to improve the value of your property as well as giving you an accurate valuation for its current state.

Success Rates

While the upfront costs of an online agency are generally far fewer, the value and price you’ll actually get with an online agent are generally slightly lower. Independent property experts at TheAdvisory found that on average, buyers introduced to the property by a local estate agent paid 5% more than the highest offer from a buyer who found the property online. 

This is especially significant when you consider the fact the most local estate agency fees are around 1% of the sale price (TheAdvisory actually puts the average rate at 1.18%), meaning buyers selling with local agents were actually receiving a walk away price that is at least 4% higher than what they would have received from an online agent, and that’s without including the online agents fees!

While the low fees offered by online agents can be tempting, the evidence shows that it’s actually better value overall to use a local, knowledgeable and experienced estate agent to ensure you get the best price and value out of your home. To sell your home with a true local expert, contact the team at Jordan & Halstead, and see how we can help you get the best value and the best results from your property.

First and foremost, conveyancing is the process of getting all the required legal documents in order before you buy or sell a house. Conveyancing can be carried out by an estate agent, their solicitor or an independent solicitor, and has to be done to ensure that when the property changes hands, the buyers legally have ownership of the home. 

At Jordan & Halstead, our experienced team can help advise you on how to go about the conveyancing process, what you need and how to make the process of conveyancing as simple as possible. In this post, we’ll give you a step by step guide as to what conveyancing is all about and what to expect from your conveyancer whether you’re buying or selling your home.

Conveyancing is required for both buyers and sellers, and the process is slightly different for both parties.

Instructing Your Conveyancer

Firstly, you should instruct your solicitor or conveyancer. When you’re deciding on your conveyancer, do your research! You should make sure that the conveyancer you choose is trustworthy, easy to communicate with, and is reasonably priced (The process usually costs between around £1000 and £1500, though it varies depending on the value of your property). Find out exactly what is included in your conveyancing fees to avoid any nasty surprises, as well as where your conveyancer is based – if they’re local, it could make it much easier to pick up and drop off documents, helping the process move more smoothly and without delays.

When you’re buying a home, you should instruct a conveyancer before you make an offer, while if you’re selling, you should instruct before you accept your offer. The conveyancing process starts when you instruct, and finishes when you hand over the keys to your buyers.

Drawing Up The Contract

In order to draw up a high-quality contract, you will usually have to fill in several forms, based on the method of ownership of your property, and any legal issues relating to your property. These will usually contain fittings and contents forms, and property information forms, detailing the boundaries of the property, land registry and any other aspects of the property your buyers will need to know. If the property is a leasehold, you may need to fill out additional forms. 

During this process, your conveyancer will also check the title deeds to confirm that you are the legal owner of the property.

Your conveyancer will then use this information to draw up a legally binding contract and send this to your buyers’ solicitor. If the buyer has any questions or disputes about the contract, which may have been brought up by the buyer’s survey, these can be flagged up at this point, giving you time to sort and negotiate the contract around these issues. This may mean you carry out any repairs before leaving the property, or deduct the expenses from the sale price.

Once you and the buyer are happy with the terms of the contract, you’ll both sign and it will become a legally binding agreement. The buyer will then transfer their deposit, which is usually 10% of the property value.

Exchanging Contracts

Once you have both signed and exchanged contracts, you will set the completion date. This is usually set around 2 weeks from the date of exchanging contracts, though depending on the chain of buyers you are in, this can be extended to four weeks or longer. This gives you much more time to pack, arrange movers, and make arrangements for moving out of your house.

Your chain is essentially the group of people who are buying and selling homes at the same time as you, and who your sale is directly or indirectly related to. If you’re a first time buyer, buying a second home or are buying a home without selling for any reason, you will be at the start of your property chain. If you’re selling a home without buying, such as selling on an inherited home or downsizing your property portfolio, you are the end of your chain. For everyone in between who is buying and selling at the same time, when they can move out of their old home and into their new home is dependent on other people in the chain. A chain can have only two people in it, or many more, depending on the house and the market you are buying and selling in.

In an ideal world, a smaller chain gives you more flexibility in when you move and how you carry out your conveyancing, but in reality, the length of chain your home becomes part of is really down to luck. At Jordan & Halstead, we’ll help make moving as stress-free as possible, even if you’re part of a long chain. Our team of supportive experts can offer support and advice to help make the process of buying and selling your home easy and enjoyable.

Completion

Completion is the day the final balance is paid to you by the buyer, and the day you must be out of the property, as it is legally owned by the buyer.

Often completions happen on a Friday to give buyers the weekend to settle in and raise any issues, but midweek completions are also good as a buyer if you can be flexible with your time, as if there are any issues when you move in, you won’t have to wait the whole weekend to get them sorted.

After completion, your conveyancer will settle your account with your mortgage provider and estate agent and the buyer’s conveyancer will register the home’s change of ownership with the Land Registry. This is done within five weeks of completion, and then you are done with the conveyancing process!

At Jordan & Halstead, we do everything we can to make the conveyancing process as easy and stress-free as we can. Whether you’re buying or selling, our team of experts are always on hand to help you find your dream home. Contact us today, and find out how we can help customers across the North West, including Chester, Cheshire, Wilmslow, South Manchester, Flintshire and North Wales buy and sell in a stress-free process that can help you get the best out of your home.

The Tenant Fee Bill comes into action on June 1st 2019, and places restrictions on the fees and deposits lettings agencies can charge tenants. After then, the majority of fees that lettings agents commonly charge tenants will be banned. These include fees for referencing, drawing up tenancy agreements, renewal of or changes to the tenancy agreement, termination of the lease, admin costs, costs for adding guarantors to tenancy agreements and credit checks, among other charges.

Implemented to help protect tenants from disproportionate fees when moving house, the Tenant Fee Bill heavily restricts the fees lettings agencies can charge, as well as implementing restrictions on holding and security deposits.

The only fees that landlords and lettings agencies can charge from June 1st are:

• If the tenant requests a change to, or early termination of their tenancy.
• Utilities and council tax.
• Late rental payments.
• Tenant damages.
• Replacing keys and other security devices lost or damaged by the tenant.

Security deposits for properties under £50,000 total rent per year will also be capped at a maximum of five weeks rent, and holding deposits at no more than one week’s rent.

Landlords or agencies found to be in breach of the new laws can be fined up to £5,000 for a first offence.

How Does This Affect You?

For many letting agencies, the Tenant Fee Bill means a significant loss of income, and many agencies are increasing their property management fees or admin fees for landlords to recoup their losses. For landlords, this means a decrease in the profit they see from their investment, and more of their time and money being caught up in property fees.

What Are Jordan and Halstead Doing?

At Jordan and Halstead, we value our landlords and are committed to helping you make the most out of your investment.

In light of the Tenant Fee Bill coming into action we have committed to not raising our property management fees or other costs for landlords, and to always remain transparent and clear about the fees we do charge. Our high-quality property management services will remain the same, and our dedication and high level of service to our customers will always be our priority.

To find out more about our services for landlords, the Tenant Fee Bill and Jordan and Halstead’s commitment to keeping our fees for landlords the same, contact our friendly team today.