Property Management

Embrace complete peace of mind with our highly sought-after Full Property Management service a choice made by the majority of our clients. Entrusting us with the care of your investment and tenant ensures professional, reliable service from a trusted agent.

Our Fully Managed service is designed to effortlessly maximize your return on investment, freeing up your time for other priorities.

Property Management has been ingrained in North East Property, since the start we always wanted to make the process easy and, stress-free and each year we try to improve our service with feedback from our partners and landlords we work with.

Experience true peace of mind with our Full Management service, living up to its name by eliminating all the stress and hassle associated with being a landlord. We handle every aspect, allowing you to enjoy the benefits of property investment without the headaches. From marketing and tenant placement to safety checks, compliance with regulations, rent collection, inspections, and checkouts, we've got you covered.

For our services, you pay an initial set-up fee that covers marketing, tenant selection and referencing, preparing and organizing the tenancy agreement, and facilitating the move-in process. Following this, a monthly commission covers the comprehensive management of the entire tenancy on your behalf.

Our Fully Managed clients also enjoy access to comprehensive and cost-effective Rent & Legal Expense cover, providing additional security and protection. This service encompasses handling tenant inquiries, managing any repair issues, rent collection, and overseeing the end of the tenancy, including the checkout process.

Please note that certain items are subject to additional fees and terms and conditions, which are available on request and on our website. The rent guarantee scheme, offering added financial security, is a flexible monthly payment option available exclusively to our Fully Managed clients, with no minimum or maximum tie-in period.

Safeguard your monthly income by considering Rent & Legal Expense Cover, especially if rental payments are a crucial part of your financial stability. Ensure peace of mind, knowing that you'll receive your rent consistently, even if unforeseen circumstances affect your tenants' ability to pay. This invaluable protection is available to all landlords for an additional monthly or annual fee. Reach out to us for comprehensive details and secure your financial peace of mind today.

Now is the opportune time to reconvene with your Mortgage adviser. They are dedicated to meticulously searching for the ideal mortgage tailored to your needs and preferences, initiating the seamless commencement of your mortgage application. With access to an extensive array of over 12,000 products from more than 90 lenders across the UK, Mortgage is well-equipped to secure the most fitting deal, offering competitive rates and fees tailored precisely to your requirements. Your financial journey is in capable hands as we strive to find the mortgage solution that perfectly aligns with your aspirations.

Upon the acceptance of your offer, the next step involves appointing a conveyancer for the purchase, and potentially, for the sale if you're selling a property. Conveyancing encompasses all the legal aspects required to officially transfer the property into your ownership, including tasks like local searches and dealing with land registry entities.

To ensure you're legally prepared for your move, we offer assistance in connecting you with a panel of solicitors. Our No Sale No Fee conveyancing service comes with a fixed price (excluding disbursements), offering you peace of mind during this crucial stage of the process.

Explore more about our North East Property Conveyancing services [link].

Following your offer acceptance, a property survey will be conducted by a surveyor on behalf of the mortgage lender. This survey serves to identify any structural issues or assess the property's value. The type of survey you choose is a matter of personal preference, with your mortgage adviser guiding you towards the most suitable option. There are three survey types: Basic or Mortgage Valuation, Home Buyers Survey, and Full Structural Building Survey—the latter being the most comprehensive. Once the survey is completed and the mortgage lender approves it, the mortgage valuation report is finalized. Subsequently, a formal mortgage offer is sent to you and your solicitor, requiring your signature before being returned.

Should you have any queries arising from the survey, it's crucial to direct them to your branch. We are committed to working with you and the vendor to address and resolve any concerns. The mortgage lender typically appoints a valuer to assess the property's suitability for lending purposes. However, this assessment does not usually include comments on valuation or structural aspects, allowing you to opt for a private survey report if desired.

Two commonly available private surveys are the Home Buyers Survey and the Building Survey. Some lenders permit combining these with a mortgage valuation to streamline costs. Once the lender receives the mortgage valuation, they will issue a mortgage offer to you and your mortgage adviser. In the case of a more detailed report with queries, inform us promptly for assistance.

Once the conveyancer has meticulously ensured that all legal aspects are in order, the pivotal moment of contract exchange arrives. This occurs once all inquiries have been thoroughly confirmed and agreed upon. At this juncture, you'll be required to submit your deposit to your solicitor. It's crucial to note that once the exchange is completed, you are legally bound to proceed with the property purchase. Both parties will collaboratively decide on a completion date, marking a significant step toward making the property officially yours.

The culmination of the purchase occurs when the remaining amount is successfully transferred to the vendor. Upon the clearance of funds, the keys to your new home will be released.

Congratulations! You are now the proud owner of your new home!