IPS Estate Agents are residential letting specialists and independent estate agents who are highly active throughout Leicestershire property market. During our 10 years of operation in the  Leicestershire market we have established one of the most experienced and respected teams of estate agents in the region. The residential letting team at IPS have developed an enviable reputation with both landlords and tenants due to the first class service they provide.

If you are looking for a property to let now or in the near future please do get in touch and we can register you onto our database and keep you informed of any suitable properties.

Please note, to secure a property the application fee of £250.00 is payable immediately to take the property off the market. Once the referencing stage has been successfully completed a move in date will be booked and your deposit (which is normally 1.5 x one month’s rent -  for example if the rent is £500per month the deposit would be £750).

Below is a list of our tenancy fees;



Application Fee £250.00 This covers up to two tenants
Additional Applicant £ 50.00 Applicable for each additional applicant
Guarantor Fee £ 50.00 If a guarantor is required this fee will become applicable
Pet Deposit Fee £100.00 If the landlord accepts a pet this additional deposit will become applicable
Permitted Occupier £ 50.00 Should someone over the age of 18 move in after the tenancy has begun this fee will become applicable
Tenancy Renewal Fee £ 75.00 Applicable when a tenancy is renewed or continued into a periodic contract
Check Out Fee £ 75.00 Due at the end of your tenancy

Below are some common questions and answers which will help you;



It is normal practice for any good letting agent to check your suitability to rent the property, and we are no different. We will ask for details of your employer and a previous landlord who can verify your suitability for a new tenancy, as well as running checks with a credit referencing agency. We will confirm your right to live and work in the UK and seek proof of your identity and that of anyone living with you. If you do have any credit issues or you believe there is any other information that may affect you passing our referencing procedure, it is best to tell us straight away as we may still be able to help.
Some landlords might ask for a guarantor if they are not satisfied your earnings are quite enough to cover the rent or if you have previous credit issues. This is not uncommon and you should not be concerned. You must choose someone to be your guarantor who lives in England or Wales and can cover your rental commitment in the event of a default. The same reference checks are then carried out for your guarantor as were done for you.
Landlords require a tenancy deposit to protect the property against any damage you might cause during your tenancy. They can only charge for any cleaning, damage or issue that goes above normal wear and tear and this will be assessed at the end of your tenancy, with the aid of a detailed inventory and schedule of condition. Similarly, the deposit can be held against non-payment of rent.
This is a legal document that states the precise terms and conditions of the tenancy and is designed to protect both you and the landlord. IPS can draw up bespoke tenancy agreements to include specific circumstances outlined by either party.
If you feel there is a problem that needs fixing, an appliance to be repaired or general maintenance work that is due on a property that we manage, you should contact us immediately. We will inform your landlord and, if necessary, call upon one of the many trusted tradesmen on our extensive database of contractors. You should be aware that if you cause damage you will usually be required to cover the cost of repairing it.
Your landlord and their managing agent must give you sufficient notice if they wish to enter the property, except in the case of an emergency, such as a burst pipe.
By signing a tenancy agreement, you are agreeing to abide by all the terms contained within it. The most common duties you must perform as a tenant are to pay your rent on time, pay household bills without delay, report any damages you notice and maintain the cleanliness of the property.
You will need to purchase a contents insurance policy to the value of possessions you are bringing into the property. IPS advise you to have specialist insurance which covers both their own belongings and those of the landlords against accidental damage caused by you.
Your landlord must enter into a period of negotiations with you and we will be happy to mediate at this time to help find a satisfactory outcome.
Once the initial fixed term has come to an end, it is often possible to renew it so you can continue living at a property. As the term comes into its final months you should talk to us and we can advise on your landlord's willingness to extend your stay.
A period of notice will be set out in your tenancy agreement and you must give this when you intend to leave. Providing you follow this, it is easy to move out of a property, as long as you respect the timescales and procedures that are in place. You should tell us as soon as you have decided to move out and we will advise on your next steps.
When you move out we will conduct a check-out service and examine your inventory. We will report the results to both you and the landlord. Your deposit will then be returned in accordance with the Deposit Protection Scheme, less any deductions.