News

CGT Lettings have recently taken delivery of 3 new Seat Ibiza cars from the Seat Blade dealership in Gloucester.

The bright yellow cars have been specially sign written using the Company’s colours and logos.

David Baker, Managing Director of CGT commented, ‘We think that the cars look really bright and attractive. We’ve no doubt that people will see us coming!’

Photos show 3 x cars (left) and Peter Stephens of Blade Group handing keys to David Baker (right). Also in the photograph (Left to right) are Justin Lawrence, Natasha Styles, Tracey Fisher and Paula Baldwin of CGT Lettings.

PARAGON, the buy to let lender, has announced this week that it is to resume lending again for the first time in nearly two years.

This is obviously good news to any investor looking to increase their property portfolios.  The full article can be read by clicking on the link below.

http://www.ft.com/cms/s/2/d763c7e8-cbad-11df-a4f5-00144feab49a.html

BUSINESS AWARDS 2010 In association with southwestbusiness.co.uk

CGT Lettings have been nominated as one of the five finalists in this year’s Business of the Year Awards under the category ‘Small Business of the Year’.

Anne Compton, one of the judges, confirmed that she’d sat on the judging panel for many years but had rarely seen such a huge number of top quality entrants.

David Baker, Managing Director of CGT Lettings, was delighted to learn of his Company’s nomination. David said ‘I am thrilled that all of our hard work, professionalism and dedication to our industry has been recognised by the judges. All of the Directors and staff of CGT will be boosted by the news’.

The winners will be announced at a gala evening on Thursday October 7th, at the Centaur, Cheltenham Racecourse.

“CGT Lettings is a leading Lettings Agent specialising in Property Management across Gloucestershire; with offices in Cheltenham, Gloucester, Tewkesbury and Quedgeley.”

The ground floor offices adjacent to CGT’s London Road branch in Gloucester are now available to let.

The offices comprise of two adjoining rooms, both 13ft x 12ft, which have recently been refurbished.  Newly carpeted throughout, these offices have their own private entrance and are offered inclusive of all utilities (excl. telephone).

The location could not be more convenient, as a few minute’s walk will get you to the heart of the city centre shops, bars and restaurants.

All enquiries please call 01452 380700.

CGT – Gold Service Property Management

Our Gold Service Property Management is becoming more popular.  This is a unique guarantee from CGT to pay the rent into landlords’ bank accounts within 20 days, regardless of whether the rent has been paid by the tenant.  The risk of tenant default is increasing across the UK, even in Cheltenham.  Personal bankruptcies are at their highest levels for nine years and belt-tightening in all areas of the economy doesn’t make things any easier for landlords.

Whilst the tenant might be good for the rent at the start of the tenancy, they may lose their job at a later point of the tenancy.  Tenants are staying longer in their properties, during which time, their circumstances may well change.

One area where economising does not pay is the quality of service.  Landlords should ask how they would be affected if the tenant did not pay their rent. If a tenant defaults, It takes between four and six months in lost rent and usually close to £1,000 in legal costs before you regain possession. If you have mortgage payments to meet or just want the comfort of knowing your rent will be paid on time, our Gold Service will guarantee to pay your rent within 15 working days of the due date  until the end of the current agreed term – and to look after the legal costs should the worst happen.

The scheme is arranged by Let Insurance Services.  Michael Portman, the Managing Director, also a client of CGT, said that the scheme is exclusive to CGT Lettings in the Gloucestershire area.  CGT were appointed to run the scheme because of their quality of tenant selection and property management, their service to landlords and their professional administration procedures.

CGT Lettings (formally Cheltenham Residential Lettings) started life in October 1987 and moved to 119 Promenade in 1996 which is now the business flagship office.

The Company was formed by David Baldwin who is a director along with Paula Baldwin, David Baker and Sheila Heath.

There is a very committed team, headed by Justin Lawrence, managing over 550 rental properties.

The centralised Accounts Department, headed by Sheila Heath, the Finance Director, is also based on the top floor of the Cheltenham office.

The area of Cheltenham is 45.51 km² and the population is 110,000. The density of population is 2,396/ km².

The grid reference of Cheltenham is SO 9422 and ONS code is 23UB.

Cheltenham is famous for its many festivals such as Cricket, Music, Gold Cup and Literary and now we can add Science, Folk, Jazz and Cheese.

The Literary Festival has recently celebrated its 40th year. The Gold Cup which was first run in 1924 is the most prestigious steeplechase in the UK and the Cricket Festival is the oldest in the world.

Cheltenham came top in a recent survey to place the country’s 1,833 postcode areas in order of desirability beating Mayfair, Chelsea and Kensington. It showed that we had excellent schools both state and private, medical facilities and accessibility to road and rail links as well as superb shopping facilities.

To view our latest Cheltenham properties, please use the search facility on the left hand side of this page.