Fully Managed Letting Service
Whether this is your first buy-to-let property or you’re an established investor, our team can offer over 10 years of professional advice to ensure your portfolio is expertly managed day and night. We believe in taking the stress out of all property-related dealings. Letting us manage your portfolio with ease would do just this.
Landlord Services Ilford
At Redcastle, we provide a full range of landlord property management services designed to make life easier for landlords including fully managed letting service, rent collection, repairs, and maintenance.
We have been providing professional landlord services since 2008 and pride ourselves on being able to offer an efficient and cost-effective solution to all your lettings needs.
Our team consists of experienced professionals who will work with you to find the best possible solutions to meet your individual requirements. Whether it’s managing your properties or collecting rents, we can help!
Take a look below to see what we can offer with every property under our property management service – or contact us here.
How it works
As soon as we receive your instruction to manage, we’ll make sure you get the best rent for your property and give you suggestions on how to increase your rental yield. Our wealth of experience, as well as strong local knowledge combined with accurate valuation tools means we can provide a realistic and relevant valuation based on size, location, current market conditions and condition of the property. We’ll also ensure your property will meet all regulations and liaise with the local council to ensure we are fully compliant.
Once we’re both happy your property meets regulations, we begin with quality photography so that we can showcase your property in its best light. Advertising across various platforms will ensure we reach the widest possible audience. Utilising the likes of Rightmove, Zoopla, Social Media as well as our very own website, we can ensure your property will gain as much coverage as possible. Because we carry out extensive research on what does and doesn’t work, we are able to create a good fit between our landlord’s requirements and the needs of potential tenants. We also keep a list of all our potential tenants, which means we can let your property quicker and easier.
Our experienced team will carry out all viewings whether it be during working hours, after hours or on the weekends. Our policy is simple – we work around you. We are committed to finding the right tenants in the shortest possible time.
Once suitable tenants are found and they are happy to proceed, we ask tenants to pay a holding deposit typically equivalent of a week’s rent into our clients account. A holding deposit provides security to both parties.
All tenants undergo thorough referencing checks to investigate variables such as the tenant’s credit score, employment history, financial history and previous landlord’s references. We ensure we find exceptional tenants for each home we manage.
We prepare the tenancy agreement on your behalf with any additional clauses if required. We only use the latest industry leading tenancy agreements which are legally binding and protect the rights of both parties. The tenancy agreement will differ depending on the type of tenancy. We make sure you understand any agreements before we proceed.
At Redcastle, we offer two deposit options to potential tenants, as we understand the need to be flexible with upfront costs whilst ensuring the landlord’s financials are protected. That’s why we offer tenants the option of one month’s rent as a dilapidation deposit or a ‘Nil Deposit’ providing a lower, non-refundable cost option. Tenant’s opting for the month’s rent as deposit are protected by the DPS within 30 days of their moving in date.
We’ll prepare all necessary documentation and ensure all required funds are paid up front, prior to the tenant’s move in.
We perform an inventory upon every move in, but if required, professional inventory will be taken at the beginning of each move-in to prevent any disputes in damages between the landlord and tenant at the end of the tenancy. An inventory can be available for both the landlord and tenant upon request.
Once we are ready to move tenants in, one of our experts will meet tenants at the property to hand over keys.
We always look to keep you informed. At Redcastle, we offer regular inspection reports of your property, so you are kept well aware of any maintenance issues. For single lets, we perform quarterly reports and for HMO’s; monthly reports.
Our Accounts Team will ensure your rental payments are paid in a timely manner. We understand the importance of cash flow when it comes to managing a portfolio, so we’ll always look to work with you to ensure your financials are expertly managed. We’ll chase all arrears and devise a payment plan with the tenant if ever needed.
Over the years, we’ve developed a long-standing relationship with a network of trusted tradesmen, who we’ve enjoyed many years of service with. We’re happy to put a stamp on all our works. Our contacts range from specialists in regular repairs and maintenance, to top-spec property cleaning. Get in touch with us to find out how we can help more.
Once a tenancy has expired, our letting team will conduct a full check out to ensure everything is in full working order and any damages not considered wear and tear will be resolved with the tenant. We’ll notify you if there’s anything you need to know.
Management Service + (Insurance Based Rent Guarantee)
Part of our commitment to our landlords is a guaranteed rent scheme that will make sure you always receive your rent each month. There is no additional cost as it’s all built in to your monthly fee, which we call Management Service +. This is only available to Landlords on our Management Service.
Rent Guarantee Insurance is a valuable insurance policy for many landlords who want rental income protection. Landlord insurance with rent guarantee and legal expenses is a perfect combination for any professional or residential landlord, providing cover if your tenant defaults and fails to pay the rent due on your property.
The benefits of Rent Guarantee Insurance are:
- Rental income cover: Cover up to £2,500 in rental income per month
- Legal expenses cover: Cover for up to £100,000 legal expenses for eviction (including the issue of relevant section notices), property legal disputes, repair & renovation disputes, health & safety investigations and tax investigations.
Lease Option Rent Guarantee Service (1-5 Yrs)
Your rent starts as soon as you sign the contract
If you’re a landlord looking for a fixed rental income, paid each and every month without all of the normal stresses involved in letting out a property, then you’ve come to the right place.
Redcastle effectively become your tenant, guaranteeing you a fixed rental income. We then sublet the property, taking great care to select the right tenants and then manage the property throughout the full duration of the tenancy. Because we offer you guaranteed rent for the full term of our contract with you, we carefully select our tenants and only look for the utmost responsible.
We’ll handle everything from utilities including council tax to dealing with tenants. This saves you valuable time, so you can carry on with your busy life while still receiving a fixed income. At the end of the scheme you will take back full ownership and responsibility of your property in its original condition, or simply choose to carry on.
Here are some of the features from our Guaranteed Rent service:
- A guaranteed rental income on time, every month
- You still receive your rental income even if the property is vacant
- No monthly commissions or hidden extras
- Flexible Leasing for 1-5 Years
- Automated rent payments monthly in advance
- 24 Hour Maintenance Team
- Periodic Inspections
What properties qualify for the Rent Guarantee Scheme?
- Flats, from studios to multi-bedroom apartments.
- Houses up to five-bedrooms in size.
- House of Multiple Occupation (HMOs).
- Houses converted into self-contained flats.
- Block of flats with three or more apartments.
- Large or small property portfolios.
- Properties in need of complete refurbishment.
- Empty properties.
Let Only Service
You can rely on Redcastle to find suitable tenants for your properties for a one off fee. This service suits those who have the expertise to manage their tenants on a day-to-day basis and who don’t particularly mind being an active Landlord.
We’ll ensure your property is let efficiently. Although we won’t manage your property, we’ll put in the same time and attention needed in order to secure you the best tenants. We’ll take care of valuation of your property and will advise you on how to maximise your yield. We’ll then market your property on the leading property portals, using quality photography and floor plans we’ve drawn up. Any enquiries and viewings from prospective tenants will be completely managed by us. We’ll let you know when we have serious interest on the property, and when we think we’ve found you the right tenants.
How it works
As soon as we receive your instruction to manage, we’ll make sure you get the best rent for your property and give you suggestions on how to increase your rental yield. Our wealth of experience, as well as strong local knowledge combined with accurate valuation tools means we can provide a realistic and relevant valuation based on size, location, current market conditions and condition of the property. We’ll also ensure your property will meet all regulations and liaise with the local council to ensure we are fully compliant.
Once we’re both happy your property meets regulations, we begin with quality photography so that we can showcase your property in its best light. Advertising across various platforms will ensure we reach the widest possible audience. Utilising the likes of Rightmove, Zoopla, Social Media as well as our very own website, we can ensure your property will gain as much coverage as possible. Because we carry out extensive research on what does and doesn’t work, we are able to create a good fit between our landlord’s requirements and the needs of potential tenants. We also keep a list of all our potential tenants, which means we can let your property quicker and easier.
Our experienced team will carry out all viewings whether it be during working hours, after hours or on the weekends. Our policy is simple – we work around you. We are committed to finding the right tenants in the shortest possible time.
Once suitable tenants are found and they are happy to proceed, we ask tenants to pay a holding deposit typically equivalent of a week’s rent into our clients account. A holding deposit provides security to both parties.
All tenants undergo thorough referencing checks to investigate variables such as the tenant’s credit score, employment history, financial history and previous landlord’s references. We ensure we find exceptional tenants for each home we manage.
We prepare the tenancy agreement on your behalf with any additional clauses if required. We only use the latest industry leading tenancy agreements which are legally binding and protect the rights of both parties. The tenancy agreement will differ depending on the type of tenancy. We make sure you understand any agreements before we proceed.
At Redcastle, we offer two deposit options to potential tenants, as we understand the need to be flexible with upfront costs whilst ensuring the landlord’s financials are protected. That’s why we offer tenants the option of one month’s rent as a dilapidation deposit or a ‘Nil Deposit’ providing a lower, non-refundable cost option. Tenant’s opting for the month’s rent as deposit are protected by the DPS within 30 days of their moving in date.
We’ll prepare all necessary documentation and ensure all required funds are paid up front, prior to the tenant’s move in.
We perform an inventory upon every move in, but if required, professional inventory will be taken at the beginning of each move-in to prevent any disputes in damages between the landlord and tenant at the end of the tenancy. An inventory can be available for both the landlord and tenant upon request.
Once we are ready to move tenants in, one of our experts will meet tenants at the property to hand over keys.
Once the tenants have moved in and all formalities are completed, we will send you a complete file for your records.
From here onwards, we will be out of the picture and you will be managing your tenants. However, if you get stuck or require any assistance along the way we’d always be willing to help for a small fee.
Marketing Service
We believe we have an extensive reach, especially on the digital front. Redcastle will market your property for an up-front free. Our unique marketing strategy will find you the perfect tenants quicker than you can imagine.
This service suits those who can manage the tenancy themselves as well as select their own tenants, however don’t necessarily have the reach we can provide.
We believe that marketing your property and showcasing it in its best light is crucial in securing great tenants you want to keep for as long as possible. We’ll ensure we present your property to as many prospective tenants as we can. We also have an extensive network of tenants in the areas we cover which any landlord would benefit from.
How it works
As soon as we receive your instruction to manage, we’ll make sure you get the best rent for your property and give you suggestions on how to increase your rental yield. Our wealth of experience, as well as strong local knowledge combined with accurate valuation tools means we can provide a realistic and relevant valuation based on size, location, current market conditions and condition of the property. We’ll also ensure your property will meet all regulations and liaise with the local council to ensure we are fully compliant.
Once we’re both happy your property meets regulations, we begin with quality photography so that we can showcase your property in its best light. Advertising across various platforms will ensure we reach the widest possible audience. Utilising the likes of Rightmove, Zoopla, Social Media as well as our very own website, we can ensure your property will gain as much coverage as possible. Because we carry out extensive research on what does and doesn’t work, we are able to create a good fit between our landlord’s requirements and the needs of potential tenants. We also keep a list of all our potential tenants, which means we can let your property quicker and easier.
Once your property goes live on all portals and our phone starts to ring, we will forward you every enquiry via text message and email, so you can arrange convenient viewing times with your prospective tenants.
If you get stuck or require any further assistance along the way, we’d always be willing to assist on a pay as you go service.
Get a free valuation
I contacted Redcastle for a house I wanted to put on rent. From the moment I spoke to Altaf until the new tenants went into the House, Altaf was very professional and helpful. He went beyond what I asked for and gave me complete peace of mind. He literally just took care of everything and delivered exactly what he said. I will surely be using Redcastle again in the future and would say if you are looking for a good reliable agency with a very personal touch, then this is the company for you. He told me each step of the way, what was happening, how many viewings I had and vetted any potential tenant thoroughly. Even once the tenants had gone in, he was readily available to help and answer any questions. Excellent agent who I can honestly highly recommend.
- Arslan Mahmood
Redcastle is a professional sales and lettings agent in East London. I am a landlord and have had the pleasure of working with Altaf who is now fully managing my property from tenancy through to monthly rent collection and payment. Altaf is both experienced and knowledgeable on all matters of tenancy and council rules and regulations which landlords need to comply with. Any issues with the property are sensibly discussed and a mutual way forward is agreed. My East London portfolio will be expanding and I’ll be sure to contact Altaf when the time comes to rent further properties with Redcastle within their catchment areas.
- Anwars Hoopties AR
Book A Free Valuation Today!
We will carry out an appraisal of your property using current information as well as local property sales data, not only from our own records but from industry resources to which we have access. Because we specialise in the area, we are also able to pool from a wealth of data and professional experience.