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Residential Lettings

Loveitts is a modern and progressive residential lettings agency but maintaining traditional values and with a pedigree which stretches back to 1843.

Our professional approach to residential lettings and expert market knowledge gives you a complete professional service leaving you confident that your interests are being well looked after.

Network of residential lettings offices enabling us to offer an exceptional level of professional expertise together with a wide knowledge of the local residential lettings market.
Free advice from our team of experienced valuers to help you achieve the best possible rental for your home.
Detailed tenant referencing with free rental guarantee insurance provided.
Preparation of tenancy agreements, photographic inventories and schedules of condition.
Registration of deposit with the Tenancy Deposit Scheme.
Full management service including rent collection and computerised accounting with regular statement of account and direct payment to your account if required. A ‘Let Only’ service is also offered if required.
All homes offered to Let are marketed on leading property websites including Rightmove, Find a Property, Prime Location, Globrix and Propertylive as well as on our website www.loveitts.co.uk

Tenants

On finding a property that you would like to rent, Loveitts have a set procedure to deal with your application for a tenancy from initial viewing until the time you receive the keys to your new home:

To secure a property an application fee is required for the property to be taken off the market. This fee will confirm your intentions to take the property, subject to contract and pending provision of satisfactory references. Application forms must be completed and returned to the office within 48 hours. Each individual over the age of 18 looking to reside in the property needs to complete a form and also supply proof of identification in the form of a passport or driving licence.
On receipt of a completed tenancy application form referencing is carried out and a decision will be made on completion of credit checks and other relevant references. In some cases, where an applicant is not in full time employment or is a student, it may be necessary for a guarantor to be provided. The offer of a tenancy is entirely at the Landlord's discretion.
If a tenancy does not proceed, for any reason other than the landlord withdrawing the property from the market, the application fee is non refundable.
Unless otherwise stated all lettings are Assured Shorthold Tenancies under the Housing Act 1988. These are fixed term contracts of variable length but usually for an initial period of either six or twelve months (sometimes renewable) and both parties are committed to their obligations including payment of rent for the full term.
On the day of move in Loveitts will hand over keys once monies have been paid and all relevant paperwork has been completed and agreements signed by all parties. The initial rent and deposit can be paid by bankers draft, building society cheque, cash or debit card. A personal cheque is also acceptable but if payment is made by this method you will not be given keys until this cheque has cleared.

Management

Loveitts is a modern and progressive property management agency but maintaining traditional values and with a pedigree which stretches back to 1843.

We act as property advisors and managing agents, for a wide range of private clients, charities, major financial institutions, oil companies, property developers and investors including the National Trust, The Coventry Freemen's Charity, General Charities of Coventry, Coventry Cathedral, Warwick Schools, Coventry Schools Foundation, Warwick District Council and the South Warwickshire NHS Trust.

Our commercial and residential property management functions are based at our Head Office in Coventry from where the principle administration and accounting is undertaken. We also have lettings departments based in our office at our offices in Leamington Spa and Southam which are actively involved in the letting and management of residential property in Leamington, Warwick, Kenilworth, Southam and the south Warwickshire area generally.

The firm presently manages in excess of 1,500 tenancies with a total rent and service charge roll exceeding £5 million per annum. This includes a wide variety of commercial and residential property throughout the Midlands area and includes extensive ground rent and service charge collection.

The firm also acts as managing agents for a number of high quality flat/apartment developments in the area.

Collection of rent, service charges, V.A.T., insurance premiums and contributions towards the cost of repairs and other expenses.
Computerised preparation of either quarterly or monthly statements detailing all receipts and expenditure with credit balances paid to you - by bank transfer if requested.
Periodic visits to managed properties and action as appropriate to ensure that lessees and licensees have complied with their contractual terms.
Supervision of maintenance and repair work undertaken on your behalf within agreed budgets.
Competitive quotations for insurance obtained and cover arranged with claims submitted and negotiated with insurers as necessary.
All client's funds held in separate bank account in accordance with RICS Regulations.