FAQ

What do Cube charge?

Unlike other companies we do not charge an upfront fee or a membership fee. We simplify this by charging a one off finder's fee, which is paid after completion.

However as we will identify the property for you and negotiate with the agent on your behalf, this fee is negated by the savings we will get off the purchase price.

Our buyers have over 40 years of experience in purchasing properties in the areaand are very respected by all the local agents.

Can I get my own mortgage/solicitors?

Yes, we are not mortgage brokers or solicitors; this sets your mind at ease that we are not getting kickbacks from any source. However as we are in the trade, if required we can recommend companies that may be able to help.

How do I know that the price I am paying for the property is competitive?

In today's internet world it is not difficult to check comparables. Part of our service is to provide these to you and give you the websites to check them yourself.

What type of tenants do you provide?

All our tenants are DHSS. When they have chosen a room/property they then go through the same process with Cube staff, who are trained to look for any prospective problems. Quite simply if we are not happy then we do not let them sign a lease.

But are there any problems with these tenants?

There are no guarantees as indeed there are not with private tenants. When the lease is signed all tenants sign a code of conduct letter so they understand fully what is and what is not acceptable.

How do we ensure that landlords get paid ?

At Cube we have a unique way of ensuring that the landlord gets paid, as in its wisdom the goverment insists that the tenant gets paid direct. Many investors with DHSS tenants will recognise this problem.
We have found a way around this that is 99% safe and ensures that you do get your money on time. This ensures that the yields we promise are a true reflection on what we offer.

What about voids?

The Yorkshire Evening Post recently reported that " More than 25.000 people in Leeds are now claiming JSA ". This is a 13 year high and they can all claim LHA benefits for housing. Our sister company Cube Lettings name is synonomous with DHSS lettings in Leeds and over half of the enquiries to our letting company is from recomendations. Voids are not something to worry about as good quality accomidation in Leeds is in short supply.

How often do Cube inspect the properties?

We have dedicated, trained staff that visit all properties on average twice a month. And produce a report on Tidiness and cleanliness. If they are not satisfied then a standard warning letter is issued to each tenant.

So why do Cube do all the initial work free of charge?

We have all seen the adverts from so called investments companies that want a fee up front, or indeed sell the property at a profit to investors. We are primarily a letting agent and this is where we earn our money. IE we do not get paid unless we do our job properly.