Welcome to Lightning Estates

Stress-Free Rental Management Services by Lightning Estates in Tyne and WearLightning Estates provides exceptional rental management services customized for landlords in Tyne and Wear. Experience hassle-free property ownership and maximize your benefits with our professional solutions

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Lightning Estates - Letting and Property Management

Landlord Services

We're here to make your property management journey as smooth as possible. We know being a landlord can be a challenging task, but we've got your back. Our range of services, from finding trustworthy tenants to ensuring your property meets all safety standards, are designed with your needs in mind. Come on in and discover how we can help you succeed while making your life easier. We're here for you every step of the way in Tyne and Wear.

Tenant Finding:

Join our success story! Since our launch in July 2021, we've successfully let over 150 properties. We advertise on Rightmove, On The Market and Zoopla, providing maximum exposure for your property. Plus, our rigorous vetting process includes reference and credit checks to ensure quality tenants. Partner with us for seamless letting experiences.

Property Management :

Take a break from the day-to-day responsibilities of property management, including ensuring compliance with health and safety standards like CP12, EICR, EPC, and smoke alarms.Our Professional Property Management service is here to simplify your life. We'll handle everything, from tenant interactions to property upkeep and ensuring your investment stays in excellent condition while meeting all regulatory requirements. Join us and discover the freedom that comes with professional property management.

Compliance and Peace of Mind for Landlords:

Your property's safety and profitability are paramount. That's why we've taken steps to ensure your peace of mind. We're registered with CMP and PRS, guaranteeing that we follow industry best practices. Plus, our comprehensive Public Liability Insurance means your interests are protected. Choose us to ensure your property investment is secure and worry-free. Your satisfaction is our priority.Check out our fees here

We cover Tyne & Wear

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Tenants

Rentals & MaintenanceAre you looking for the perfect rental home? Our experienced Lettings Advisors are here to assist you in finding a suitable property quickly and efficiently. Alongside this, our dedicated Property Management Centre team ensures that the move-in process is as smooth as possible for you. Discover more about our rental offerings and take the next step towards finding your ideal home. Viewed a property you liked apply today!Efficient Maintenance SolutionsWe understand that facing maintenance issues in your rented property can be frustrating. That's why we prioritize a hassle-free resolution process for all your maintenance concerns. Our responsive Property Management team is just a call away! Report any issues, and we'll swiftly address them, ensuring your home is always in top-notch condition. Your comfort and satisfaction are our utmost priorities.Frequently Asked QuestionsCurious about the rental process? Check out our frequently asked questions to get a better understanding of how it all works.

Commercial Listings

Residential Listings

Contact US

Click here to view our privacy policy and how we use your data.

Privacy Policy

At Lightning Estates Ltd, we are committed to protecting and respecting your privacy. This Privacy Policy outlines how we collect, use, disclose, and store information related to applicants, tenants, guarantors, and landlords ("you" or "users") of our services. By accessing our website or using our services, you consent to the practices described in this policy.1. Information We CollectWe may collect and process the following information:Personal information provided by you during the application or registration process, such as your name, contact details, date of birth, and identification documents.
Financial information, including bank account details and credit history, required for lease agreements or other property-related transactions.
Property preferences, requirements, and other information relevant to your property search or rental application.
Communication data, including emails, letters, and other correspondence between you and Lightning Estates Ltd.
Information about your usage of our website and services, collected through cookies and similar technologies. Please review our Cookie Policy for more details.
2. Use of Information
We use the collected information for the following purposes:To process and manage applications for rental properties or property sales.
To carry out our obligations arising from any contracts entered into between you and us.
To communicate with you regarding property-related matters, updates, and marketing promotions (where applicable).
To comply with legal and regulatory requirements.
To improve and personalize our services, and to analyze usage patterns and trends.
3. Sharing of Information
We may share your information with the following third parties:Landlords, property owners, or their representatives involved in the property transaction or management.
Contractors, service providers, or agents working on our behalf to deliver our services (e.g., property maintenance companies, credit reference agencies).
Local authorities, as required by law, to verify your identity, conduct background checks, and process tenancy agreements.
Utility companies, to facilitate utility services for the properties you rent or own through us, such as electricity, gas, water, and telecommunications.
Please be assured that we only share the minimum amount of information necessary for these specific purposes, and we take reasonable steps to ensure that any third parties with whom we share your data are bound by confidentiality and data protection obligations.
4. SecurityWe take appropriate measures to protect your information from unauthorized access, alteration, disclosure, or destruction. However, no method of transmission over the internet or electronic storage is entirely secure, and we cannot guarantee its absolute security.5. Data RetentionWe will retain your personal data only for as long as necessary to fulfill the purposes for which it was collected, including any legal or reporting obligations.6. Your RightsYou have the right to access, correct, or delete your personal information held by us. To exercise these rights, or if you have any questions or concerns regarding our privacy practices, please contact us at office@lightningestates.co.uk.7 Cookies:
Lightning Estates uses cookies to improve your experience on our website. Cookies are small text files that are placed on your computer when you visit our website. They can be used to track your browsing activity and to personalize your experience on the website.
8. Changes to the Privacy Policy
We may update this Privacy Policy from time to time. Please review the "Last Updated" date at the beginning of the policy to see when it was last revised. Any changes will become effective upon posting of the updated policy on our website.

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Click here to view our privacy policy and how we use your data.

Frequently Asked Questions

What is a holding deposit, and how does it work?
A holding deposit is usually equivalent to one week's rent and is paid by prospective tenants to reserve a rental property. Once paid, the property will be taken off the market temporarily, while references and checks are conducted. Please note that the holding deposit is non-refundable if you decide to back out of the tenancy. However, it will be deducted from your moving-in costs.
What is the application process for renting a property?
The application process involves the following steps:
a) Complete an application form, online.
b) Provide personal details, employment history, and references, including previous landlords etc....
c) Consent to credit checks and referencing to assess your suitability as a tenant.
What kind of references are required during the application process?
Typically, we request references from your current or previous landlord(s) up to 5 years housing history and employer(s) to verify your rental and employment history. These references help us ensure that you are a reliable and responsible tenant.
How long does the application process usually take?
The application process duration can vary depending on the availability of referees and how quickly they respond. On average, it takes about 3-5 business days to complete the necessary checks and referencing.
What happens after my application is approved?
We will confirm the move in date and then on the move in day the tenancy agreement will need to be signed and pay the remaining deposit and the first month's rent before moving in. The holding deposit you paid will be deducted from these moving-in costs. A standing order will need to be set up.
How is the deposit protected?
The deposit is protected under the Deposit Protection Scheme (DPS). DPS is a government-approved scheme that safeguards tenants' deposits throughout the tenancy. This ensures that you can claim back your deposit at the end of the tenancy, provided you haven't breached any terms of your tenancy.
What is the difference between a holding deposit and a tenancy deposit?
A holding deposit is paid before the tenancy agreement is signed to reserve the property, while a tenancy deposit (or security deposit) is a larger amount paid upon signing the agreement, serving as protection against potential damages or arrears during the tenancy.
What should I expect when moving into the property?
Before moving in, we will conduct a thorough inventory check, ensuring any existing damages are documented. Additionally, you will receive keys and relevant information about how to report repairs, emergency contacts, and essential services.
Click here to find out your utility supplierCan I decorate or make changes to the property during my tenancy?
Any alterations or decoration to the property must be discussed prior to doing so.
What happens if I need to end the tenancy early?
If you need to end the tenancy early and you are not on a fixed-term contract, you will need to give two calendar months' notice, as per the tenancy agreement. Please note that early termination may be subject to certain conditions, which will be outlined in the agreement.
How can I renew my tenancy at the end of the initial term?
At the end of your initial term, the tenancy will automatically transition into a rolling contract, also known as a periodic tenancy. This means the tenancy will continue on a month-to-month basis, providing both you and the landlord with flexibility.

Landlords Fees are as follows and are payable upon completion of a letting. Fees are exclusive of VAT.Please see example of fees based on rent of £500 PCM:Check out list of services we provide here

ServiceFee
LET ONLY£450
MANGEMENT ONLY10% of annual rent £600
LETTING FEE WHEN FULLY MANAGED£350
cp12£42*
EICR£100*
EPC£50*

Investment opportunity

We are proud to offer this off market investment property a 3 Bedroom Terraced House located on Ashford, Gateshead on the Harlow Green Estate.Front and back yard
To lower level kitchen, living room and utility area, To upper level three bedrooms and bathroom.
Purchase Price: £85,000 REDUCED £80,000
Rental Income: £525 tennant has confirmed they are okay of increase to £650/700
Rental Yield: 9.18% (Purchase price 85k rent at £650)
Good condition throughout
New boiler fitted April 22
Well located close to A1
Needs minor electric upgrade
EPC Rating C
Quick sale neededSourcing fee £1,500 to be paid on completion