Locus Estates

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About Locus Estates

About Locus Estates

Locus Estates are an independent London estate agency specialising in Sales, Lettings and Property Management. We have been successfully letting and managing properties in north London over the last 8 years covering mainly boroughs of Hackney, Haringey, Enfield and Walthamstow. We are proud to have built an excellent reputation not just with our Landlords but with everyone who we have come into contact with on a daily basis. Our success has developed through customer recommendations, referrals and is structured around developing long term relationships with satisfied customers.

We have a fresh customer-focused approach to residential property within the dynamic and changing London property market - one that would be transparent, built on trust, and which would focus on the customer's individual needs. We have a large portfolio of properties that we manage on a day-to-day basis from our Hackney and Haringey offices providing a friendly and highly professional approach to your property requirements.

As a fast growing company, we offer a friendly, personalised service required to suit both you and your property’s needs. We have an excellent team of experts who have worked locally for a long time gaining good understanding and knowledge of the local area, this enables us to give you an honest appraisal based on a variety of aspects, such as market demand and supply. To guarantee these high levels of service and knowledge Locus Estates provide all their staff with extensive training to ensure they're up to date with the latest market trends and forecasts- providing you with the best advice. You will also be pleased to know that Locus Estates is a member of Ombudsman Scheme and deposit protection service giving you an extra peace of mind. We are committed to provide the best service that you deserve and we always ensure repetitive business with our customers.

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INFORMATION FOR TENANTS 

When renting a property, there are various costs that you will need to take into consideration when making an offer. 

BEFORE YOU MOVE IN 

Advance rent: Rent is usually payable in advance for each tenancy. You will therefore need to pay, as a minimum, the first months’ rent prior to the commencement of your tenancy, although the amount payable may differ dependent on the terms of your tenancy. 

A refundable holding deposit. you will be required to pay one weeks rent and this will be either returned or offset against the refundable tenancy deposit within 7 days, or up to a maximum of 15 days. This is required in order to submit your offer to the landlord. If accepted this amount will be deducted from the total monies due. The payment is refundable if your offer is not accepted.

   

Deadline for agreement if a tenancy has not yet been entered into. Locus Estates will retain the holding deposit if the tenant provides false or deceptive information which affects Locus Estates decision to rent the property to the prospective tenant, if the prospective tenant fail a right to rent check, or if the prospective tenant withdraws from the agreement. 

A refundable tenancy deposit. Five weeks’ rent 

Changes to the tenancy agreement at the tenant’s request. In the event to make changes to a tenancy agreement A tenancy swap fee of £50 (inc. VAT) plus any reasonable costs incurred if higher, will be payable by the tenant. Please note that Tenancy Swaps are subject to the landlord’s consent and reference approval. 

Default Fee - early termination of tenancies. Early Termination of Contract at the tenant’s request: In the event that you wish to leave your contract early, you will be required to pay the landlord’s costs in re-letting the property as well as all rent, council tax and utilities due under the tenancy until the start date of the replacement tenancy. The costs will be no more than the maximum amount of rent outstanding on the tenancy. 

Default Fee - late payment of rent. Locus Estates may only charge tenants a default fee of interest on rent that is 14 days or more overdue. The fee will not exceed interest of 3% above Bank of England's base rate for each day that the payment is outstanding. 

Replacement of keys or other security devices in the event that any keys or other security devices are lost and need to be replaced, you will be required to pay the costs of replacing them. If the loss results in locks needing to be changed, you will be required to pay the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys. If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s). If tenants require copy of the keys outside working hrs they will need to pay the reasonable delivery cost for the keys to be delivered to the property address.

TENANT PROTECTION

LOCUS ESTATES  is a member of UKALA (The UK association of Letting Agents) membership number : 190813, which is a client money protection scheme, and also a member of The Property Ombudsman Scheme MEMBERSHIP NUMBER : D12308 which is a redress scheme.