Take the stress out of LETTING your property
Our ultimate aim is to let your property to respectful tenants, in the shortest amount of time, for the best possible price.
- Only match you with suitable tenants
- Keep you updated before and after all viewings
- Talk you through the prospective tenant once an offer is received
- Conduct background and credit checks on prospective tenants
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Looking to let your property in ESSEX?
Have you finally decided to take the plunge into letting out your property in Essex? Congratulations! The first thing you need to do is find a reliable letting agency that will take care of finding and vetting tenants, make property recommendations and provide legal advice.
Griffin works with people just like you to help find a suitable tenant for your property, as well as helping with the paperwork and contracts involved in renting out your home.
With all the associated hassles eliminated, you’ll have more time on your hands to concentrate on the more important aspects of being a landlord.
The Griffin head office is where it all began and has recently undergone a high-quality full refurbishment to continue to offer the people of Thurrock the best possible platform for their properties.
Located in the heart of Hornchurch, occupying a prominent spot on the High Street this branch offers local expert knowledge with a personalised approach. Dedicated to providing exceptional customer service.
An exciting new office based close to the London Underground Station, with a rapidly developing neighbourhood and fantastic growth possibilities.
Situated in the heart of Upminster on Station Road, our sophisticated marketing technologies and experienced team of knowledgeable agents combine to deliver an outstanding estate agency experience from start to finish.
STANFORD LE HOPE
Our brand new office is based in the heart of Stanford Le Hope town centre with plenty of passing trade and excellent advertising areas for our properties.
As a rule of thumb, the landlord is responsible for exterior and interior maintenance. The tenant has a responsibility to show duty of care to the property and contents. The tenant will also be responsible for the council tax, gas, water, electric and telephone accounts. However, the landlord will remain responsible for buildings insurance and any other outgoings.
Insurers must be notified of the letting of your property so that the policy on the structure and contents may be endorsed. Insurance will be invalid if insurers are not correctly informed. Griffin Residential Group also advises that insurance specific to contents cover is arranged to protect against possible damage by tenants as we cannot be held responsible for loss or damage to the contents while the property is let.
It is necessary to prepare accounts each year on all properties let, whether they are furnished or unfurnished. Your accounts should be presented to the Inland Revenue indicating what taxation liability might arise. Tax liability is assessed on the tax year running from 6th to 5th April.
You are able to claim many allowances when letting your property that can be deducted from your profit. Such allowances include letting agent fees, solicitor fees, accountant fees, maintenance and repair work carried out during the letting or wear and tear allowance, leasehold, ground rent and service agreements on central heating and other appliances.
Mortgage interest can also be offset. You should contact your tax accountant for accurate information.
The responsibility of payment of tax depends on whether the landlord lives in the UK or abroad. If the landlord lives in the UK then the Inland Revenue will assess them for the appropriate tax. If the landlord is abroad then the letting agent will be assessed for tax and we will be responsible for paying it on their behalf on a quarterly basis direct to the Inland Revenue at the current rate of tax of the net rental income.
Since the introduction of self-assessment, it is now possible for landlords to apply for an exemption certificate by completing a “Non-Resident Landlord Form” allowing the agent to continue paying the rental income without deduction of tax.
Rents are usually paid on a calendar monthly basis in advance. An account is then raised within a seven-day period and commission deducted along with any relevant charges applicable. Payments are then sent to your bank account and an itemised statement to your address.
Yes. If you have a residential mortgage you must seek permission (consent to let) from your lender and fees may apply. For full details contact your mortgage lender.
It is usual for the following parameters to apply:
In some cases a higher rate of interest may be charged
In some cases your mortgage company will levy an administration charge
References and tenancies may have to be seen by the mortgage company before granting permission
The mortgagors may insist on the correct documentation to ensure reoccupation. They may also insist on the management being conducted by a recognised body such as a member of the National Association of Estate Agents (N.A.E.A) and the Association of Residential Letting Agents (ARLA).
It is usual for a length of time to be set that the property can be let for.
Permission will usually be given only if the mortgage account has been managed to the lenders satisfaction.
Please contact a Senior member of our team for more information regarding legal electrical and fire regulations.
Yes, this is a required prescribed document when renting out your home.