Services BM Estates

Residential Sales

From flats to large family homes, we have been selling property since 2006 with a vast knowledge of over 30 years’ experience.

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Residential Lettings

Experts in short and long term lets across Leicestershire.

View our property to rent

Property Management

Our management is all embracing to give you peace of mind and put the fun back into property.

Whether you are letting a single property, or own a large investment portfolio, BM Estates Management team can provide professional peace of mind.

As one of the fastest growing estate agents in Leicester, we understand the value of a well-managed property. It can lead to longer tenancies and in turn help maximise your return on investment. Your dedicated Property Manager will be on-hand to offer individual support to deliver the best possible property asset management for you and your tenants.

BM Estates Management is available as a standalone service or a let only service. Our property management services include, but are not limited to:

  • Key holding
  • Rent collection, including ground rent and service charge payment
  • Deposit collection and holding
  • Pre-tenancy property visits and preparation, including two visits per annum
  • Arranging inventories
  • Transfer of utilities and payment of bills service
  • Day-to-day management and maintenance of your property
  • 24-hour emergency service
  • Arranging for repairs and maintenance to be carried out by our independent, vetted
  • and competitively-priced contractors
  • Dealing with insurance claims
  • Annual rent review and property valuation appraisal
  • Access to BM Estates refurbishment and renovations service
  • Providing advice on legislation and ensuring legal compliance
  • Acting as a point-of-contact for tenants
  • Organising and negotiating end of tenancy dilapidation claims and deposit returns.

Professional Valuations

We have been providing independent property valuations with comparable reports across all property portals in Leicester since 2006.

Get a free valuation

Block Management & Commercial Premises Management

With over 14 years’ experience, we provide a specialist service for block management and commercial properties.

BM Estates Block Management has been providing specialist UK block management services across Leicestershire central, west and south-west London to residential blocks of flats for over 14 years. We also manage commercial premises such as large office buildings and warehouse units.

Our services

BM Estates Block Management offer a tailored approach to address each of our client’s individual requirements.

As part of our fee, we can offer the following services: collect ground rents, calculate service charge budgets and service charges, place insurance, administer and manage on-site staff, place service contracts and oversee services.

Dedicated team

We believe that good communication builds strong relationships with clients and residents and is the key to our success.

We provide each of our clients a dedicated property manager to ensure your building is managed efficiently and according to your specific needs.

To discuss your block property management requirements with our team, please contact us via phone, email or visit our offices today.

Refurbishment & Interior Services

From small to large refurbishments, we aim to get the most from your investment.

Refurbishment
We have the vision and experience to help you realise your property’s maximum market potential. Our service covers every aspect of a Leicester property refurbishment project: from designing and updating your kitchen or bathroom, to replacing tired carpets and curtains, to handling minor home repairs.

Styling & Dressing
A complimentary service for properties in need of a quick fix. Styling and dressing can immediately impact how your property comes across in photographs and at viewings with staggering results. We have seen many properties achieving their asking prices in record time since launching this service.

Interior Design
From helping you choose colour schemes to carefully arranging furnishings, BM Estates can ease you through the process of styling your property. Your personal luxury interior designer will help you achieve the look you’re after, from free consultation to final transformation.

Garden & Landscape Design
Our garden and landscape experts can help choose the right paving, fencing, trellising, decking, lighting, irrigation and lawn laying and planting to turn your entrance or back garden into an urban oasis. We also offer a garden cleaning service, as well as maintenance contracts.

Financial Planning & Probate Properties

We offer financial planning to set the foundations of your future and offer routes following on a probate property.

We offer to manage a property for the estate administrator or client including handling all the legal work, searches and the sale of the property. This saves considerable time, effort, and expense and minimises risk by using a tried, trusted, and compliant network.

We also provide financial planning services, for more information please contact us on 0116 273 1414 to arrange an appointment.

Mortgages

Our mortgage brokers are some of the most trusted independent brokerages in Leicestershire.

Our professional advisers take the time to fully understand our clients’ requirements, however complex, and concentrate on providing genuine down to earth advice to guide you through every step of the process.

Our mortgage brokers have access to exclusive offers, whether that be high street products, private banking facilities or buy-to-let portfolio loans. Our mortgage services cover:

  • Re-mortgage
  • Buy-to-let
  • First Time Buyers
  • Moving homes
  • Large mortgage loans
  • Offshore purchase
  • Bridging finance
  • Secured loans

All these mortgage advice services are backed by the levels of service you would expect from a high-end brokerage.

Different type of mortgages

Capital Repayment
Repayment mortgages, also referred to Capital & Interest Mortgages work as any other standard loan. Each month the borrower makes a payment that includes the interest as well as little bits of the capital amount borrowed. In other words, if you keep up your repayments each month, the loan will slowly reduce, and the full mortgage will be repaid by the end of the mortgage term. You will then own the property fully with no debt. No risk, no hassles.

Interest Only
With an Interest only mortgage, borrowers only must pay off the interest on the mortgage and not the capital. However, the onus is upon the borrower to ensure, usually via a savings vehicle such as an ISA or other assets that sufficient funds will be in place at the end of the mortgage term to pay off the mortgage in full. If there is no provision made, at the end of the term you will have to sell the property to pay back the loan.

Although this does give a certain element of flexibility and potentially lower monthly payments, there is therefore a certain amount of risk associated with this type of product, especially if property prices fall or savings plans do not perform as expected.

Buy-To-Let Mortgage
Available on either a Capital Repayment or an Interest Only basis, buy-to-let mortgages are specific products that are available on properties that are going to be let out. Unlike standard mortgages, the amount that can be borrowed is based upon the rental income received rather than the borrower’s overall income. Whilst lenders vary in their calculations, as a rough rule of thumb the rental income must at least equal 125% of the interest only mortgage payments at an assumed rate of 5%. As the borrower, you are not allowed to live in a property that has been acquired with a buy-to-let mortgage.

If you would like to arrange an appointment for a mortgage, please contact us on 0116 273 1414

Insurance

From residential home insurance, landlord insurance, life and protection insurance we have you covered in every aspect.

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Solicitors

We work with a selected panel of solicitors to help you meet your legal needs, from residential conveyancing to commercial.

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ByYourSide Services

Our unique ByYourSide services mean that a BM Estates property expert will always be on your side, sorting out all the things you never get around to doing.

A BM Estates property expert will always be by your side, sorting out all the things you never get round to doing: from looking to get you better deals on your finances, to fixing leaking roofs, to gardening services, to redecorating and much more.

Our maintenance side covers;

  • Moving (Arranging Removals, Storage)
  • Refurbishment (Refurbishment and Project Management, Painting and Decorating)
  • Contractors (Cleaning services, Handyman services, Painting and decorating, 24 hr emergency cover for plumbing and electrical emergencies, Annual safety check (Gas boilers, smoke/CO alarms, etc), Moving home (We switch utilities suppliers for you, council registrations to new addresses and removal services), Roofing, Double Glazing Windows, Key Holding
  • Security (Home security purchase and installation, property inspections and locksmiths
  • Pest Control (We offer professional treatment for: Moths, Mice, Rats, Bedbugs, Cockroaches, Fleas, Ants, Wasps)
  • Garden Maintenance (Gardening, Landscaping, Jet Washing)

Contact us today for any of these services 0116 273 1414

Featured Properties

Fees

Please note the charges listed below are the maximum fees that will be applied unless stated otherwise.

Fees/Charges in England from 1st June 2019

Permitted Charges in accordance with the Tenant Fee Act 2019 for an Assured Shorthold Tenancy.

Holding Deposit max one week's rent. First months rent in advance.

Tenancy Deposit 5 or 6 weeks depending upon the rental amount.

Early termination(when requested by the tenant) a charge not exceeding the financial loss experienced by the landlord.

Late Rent interest charged at 3% above the Bank of England base rate when rent is more than 14 days late.

Lost key equivalent to the cost incurred (or security device).

Changing tenancy documents(after the commencement of tenancy) £50 inc VAT

Non-Housing Act tenancy fees not affected by the Tenant Fee Act 2019:

Tenancy Agreement £300 inc VAT. Extension Agreement £125 inc VAT

Company Reference £175 inc VAT. Administration £50 inc VAT

Damage Fee £90 inc VAT. Guarantor Reference per guarantor £100 inc VAT

Deed of Guarantee £75 inc VAT. Check-In (minimum fee) £72 inc VAT

Arrears Fee £30 inc VAT. Overpaid Rent Return £25 inc VAT. Pet Licence £75 inc VAT

BM Estates is a member of and covered by the Money Shield Client Money Protection Scheme. BM Estates is also a member of a redress scheme provided by The Property Ombudsman.

Letting Fee Information

The asking rent does not include letting fees. Our standard administration fee (which covers general administration and preparation of paperwork) is £xxx (£xxx+VAT). A security deposit, usually equivalent to six weeks rent, is also payable.

Depending on your circumstances and the property you select, one or more of the following may also be charged to you upfront;

Fees may be charged on a per person or per property basis, please call us on 0116 273 1414