Compass Lettings was launched in 2011 after the acquisition of locally based lettings company Edward House Properties in 2010.
Originally Edward House Properties emerged from the JWM Group portfolio that over the years have provided affordable rental accommodation to clients in the Bedford and surrounding area. Compass intend to continue their ethos of providing an efficient, affordable and caring rental service to the community with an aim to build on their earlier success and to grow the lettings portfolio.
The Compass Team have extensive experience in residential rentals and can offer all aspects of lettings advice.
Compass Lettings offer the usual services to Landlords such as rent guarantee schemes, property insurance, gas safety certificates, EPC’s etc. Periodic inspections are carried out and the landlord is provided with an inspection report regarding the property state and condition.
Compass Lettings provide a free rental assessment service and offer advice on those considering a buy to let property. For all aspects of Property Management whether Full Management or Find a Tenant Service you can be assured of a complete service at Compass lettings at very competitive rates. Our guarantee is ‘No tenant – No fee’ – you pay nothing until Tenants have been secured.
Compass Lettings is supported by an efficient team of Electricians, Plumber, Decorators, Gardeners, Carpenters and general Maintenance Personnel who can be made available to the Landlord at short notice.
We are always seeking further properties for waiting tenants, so please contact us for more details.
Compass Lettings Fees (Landlords & Tenants)
(VAT charged at current rate)
Homelet Referencing - £120.00 per person inc. VAT (100% non refundable)
Administration - £210.00 inc. VAT for a single occupant, £270.00 inc. VAT for 2 occupants.
(To include compilation of Tenancy Agreement, Inventory and associated documentation.)
‘Right to Reside’ status check (Non-EU applicants) - £12.00 inc. VAT per applicant
Deposit is usually the same as the rent unless otherwise specified.
Tenants deposits are securely held under the Government Approved DPS (Deposit Protection Service) scheme.
Initial Set Up Fee - £120.00 inc. VAT
Homelet Rent Recovery Plus - £200.00 including IPT
Our Fully Managed service is charged at 10.8% inc. VAT
Our Find a Tenant service is charged at 60% of 1 month’s rent inc. VAT
Tenancy Renewal Fee - £60.00 inc. VAT
Deposit Registration - £30.00 inc. VAT
Third Party Reference Fee - £30.00 inc. VAT
Guarantor Referencing - £72.00 inc. VAT
Rent Guarantee Administration Fee - £12.00 inc. VAT
Duplicate Monthly Rent Statements - £18.00 each inc. VAT
Duplicate Annual Rent Statements - £30.00 each inc. VAT
Final Inspection for Find A Tenant - £120.00 inc. VAT
Key Cutting - Cost of keys plus £10.00 administration fee.
Compass are members of The Property Ombudsman, The National Association of Estate Agents (NAEA), The Association of Residential Lettings Agents (ARLA) and subscribe to the Client Money Protection Scheme (CMP) offered by ARLA.