Letting your property

At Lucas Estate agents, we offer a straight forward Find a Tenant Service. By cutting out the middle man, Landlords will benefit by saving the management fee that other agents charge.

We are licensed with Rent Smart Wales, and require that all landlords who instruct us to let their property are also licensed with Rent Smart Wales.

We arrange credit checks and referencing on potential tenants, and we also receive the deposit.

If you chose for us to protect the Deposit, then is protected by the Deposit Protection Scheme and kept for the duration of the tenancy.

The Landlord will then manage the tenancy, for the duration of the term.

Rental guide

Fees

Our Find A Tenant Only Service is charged to the Landlord the equivalent amount of ONE MONTHS RENT agreed for the tenancy.

We only charge Tenants a HOLDING DEPOSITS once an application is submitted.

What is a holding deposit?
A holding deposit is a small deposit which is paid by a tenant to secure a property. It allows the landlord or agent to check the suitability of a tenant. It serves as a guarantee to the landlord that the tenant is committed to taking on the property and a guarantee to the tenant that the landlord will hold the property for them, pending successful completion of their suitability tests. A holding deposit can be any amount up to a maximum of the equivalent of one weeks' rent.

If your tenancy agreement starts after 1 September 2019
If you agreed a tenancy agreement after 1 September 2019, there are certain fees that you will not have to pay.

Fees you will not have to pay:

• signing a contract tenancy agreement
• renewing a tenancy agreement
• requesting a check list about the condition of the property and items within it before you move in (known as an inventory fee)
• accompanied viewings
• fees when you move in (known as check in fees)
• fees when you move out (known as check out fees)
• administration fees
• inspection fees when moving out

Payments you have to pay:

• Rent
• security deposits (if required)
• holding deposits to reserve a property (if required). This is refundable and you should not pay more than one week's rent
• late payment of rent or breach of a tenancy agreement (known as default payments)
• council tax (if this is part of tenancy agreement)
• utilities, for example water, electricity (if this is part of tenancy agreement)
• TV licence (if this is part of tenancy agreement)
• communication services, for example internet, telephone (if part of tenancy agreement)