Do your homework on your property
Whether you’ve inherited a property or have a second home you want to rent out, or you’re a seasoned professional landlord, Seekers has been matching the right tenant with the right property for over 20 years.
Let Seekers find the right tenants for your property
Want to see a higher yield? Letting to students and young professionals can be a simpler prospect than traditional tenants. Unlike a single household or family, a larger number of occupiers and their guarantors mean greater security.
I came to study not party
The student reputation for partying is pretty outdated. Nowadays, they pay more than ever before to attend uni and have a greater focus on their studies. This is especially true for international students – they come to the UK as they have high expectations of academic success.
Ain’t nothing going on but the rent
When it comes to collecting rent, Seekers has robust procedures in place. Domestic students must provide guarantors and international students often elect to pay their rent for the full year at the outset of the tenancy. So no need to worry they won’t pay their rent on time.
Everything’s Upfront
We’re members of Propertymark and The Property Ombudsman (TPO). Which goes to show we’re a safe choice. We also believe in being completely transparent about our fees from the off.
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Frequently asked questions
The main rush for signing for student houses is from October to December each year. That is therefore when we start advertising. It’s a long time before the tenancies start, which are generally between June and September the following year.
Our management fees work on a sliding scale, and we do not charge a tenant find fee on top of these.
This means your fee stays the same throughout the year and we avoid spikes in charges at the beginning or end of tenancies which in turn allows you to plan ahead more accurately.
Our all-Inclusive Property Management service normally costs between 12% and 25% inclusive of VAT.
It is worth noting that we cannot quote accurately without seeing the property and significant discounts could be available for multi—property instructions.
Our standard landlord fee for a Tenant Find service is between 42% and 120% of one calendar month’s rent inclusive of VAT (subject to a minimum fee of £480 inc. VAT).
It is worth noting that we cannot quote accurately without seeing the property and significant discounts could be available for multi—property instructions.
It is imperative that landlords keep their properties up to date in the current market, given the abundance of options available to students.
For example, a recently converted property on Fern Avenue in Jesmond previously achieved £80 per person, per week.
Post-refurb, we secured a group for £115 per person, per week, which shows the level that can be achieved.
It’s worth knowing that the standard of property expected by students is much higher than ever before and they are willing to pay higher rent for nicer properties.
The standard of the property expected by students is much higher than ever before and as a result, students nowadays take pride in their home away from home.
Students also subscribe to the University Charter, which describes their expectations around conduct in their community.
Our regular inspections allow us to ensure that our managed properties are kept in top condition. Also, with typical tenancies only lasting one to two years, it’s also easier to regularly review rental levels, plan updates and improvements, and remain in-line with market trends.