Search
Search
Find your perfect accommodation

Lloyd's story

It takes but one person, one moment, one conviction, to start a ripple of change and if you stay true to your principles, you have confidence, conviction, purpose, values – in other words, we all have a future. – Donna Brazile, Mike Kiepper
Lloyd at University

From a very young age I was always interested in buildings and particularly older buildings. I spent most of my childhood drawing and designing houses and often built them out of Lego. I wanted to be an architect but after doing some work experience, I realised that this required a more technical mind. I chose to study art, history and English for A-level and not knowing what I wanted to do as a career, decided to do a history degree.

Originally from North Lincolnshire I came to Reading University for my studies. I wanted to experience living in the South of England and liked the campus at Reading. When it came to finding private accommodation at the end of my first year with a group of friends, I was shocked by what was on offer – damp and dingy houses with very dated interiors! The parents of a friend of mine had decided to buy a property for him to live in with his friends as an investment and this gave me the idea of trying to buy a house rather than renting. I was fortunate in that my grandfather had given me some money which was enough for a deposit so in 1993 I bought my first house at the age of 19.

My brother was at Nottingham University and he also bought a property at the end of his first year. After graduating in 1997 and starting my first job I bought a second property in Reading jointly with my brother and this was the start of our partnership and the birth of Turner Property.

Over the next few years we gradually acquired more houses taking advantage of rising house prices and high-risk back street mortgage lending! Our aim was to provide a high standard of accommodation close to the university campus and we quickly acquired a good reputation in the Reading University student community.

In 2006 and 2007 we expanded our portfolio of properties quite considerably and in 2008 I decided to dedicate all my time to the business and give up my day job in international sales. From then I worked as a full-time landlord and spent my time managing our existing properties as well as expanding the portfolio. On the back of his success with his fund Pelham Capital in London, my brother was able to finance this growth. We focused on acquiring run down properties so that they could be refurbished to our preferred specification. Over the past 5 years I have enjoyed taking on much larger building projects and have also built up our own workforce of highly skilled tradesmen.

Today I focus my time on expanding the portfolio and working on the construction side of our business. This has enabled me to become the architect that I always wanted to be. I am proud of the buildings that we have completed and we have earned a good reputation with local conservationists for some of our recent heritage sensitive developments.

Visit our Refurbishment Projects page to see recently completed and ongoing projects

Tenant Fees

Fee Type

Cost £ including VAT*

Explanation

Holding Deposit

One week’s rent

A Holding Deposit is required to reserve a property.
Please note: In the event of the tenant withdrawing within 15 days of paying the Holding Deposit or failing to take up the tenancy within 15 days of paying the Holding Deposit or not complying with point 5 of the reservation receipt the tenant will forfeit their Holding Deposit.

Deposit

Five weeks’ rent

The Deposit covers damages or defaults on the part of the tenant during the tenancy

Late Rent Payment – more than 14 days

Interest at 3% above the base rate of Bank of England per annum, calculated daily.

Interest will be applied from the Rent Due Date.

Lost Key(s)

See explanation

Any cost for the replacement of keys, fobs, security devices or associated items which have been lost, damaged or broken. If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord and any other persons requiring keys will be charged to the tenant. If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s).

Variation of Contract (Tenant’s request and agreed by the Landlord)

£50 per agreed variation

To cover the costs of the preparation and execution of new legal documents.

Change of Sharer (Requested and replacement found by the tenant)

£50 per replacement tenant

To cover the costs of new tenant / guarantor referencing, right to rent checks, deposit registration and the preparation and execution of new legal documents.

Early Termination (Tenant’s request and agreed by the Landlord).

See explanation

Should the tenant wish to leave their tenancy agreement early, the tenant shall be liable for the costs in re-letting the property and all rent due under the tenancy until the start date of the replacement tenant. These costs will be no more than the maximum amount of rent outstanding on the tenancy.
Note: The Landlord is not legally required to agree to this request.

Company Let Application Fee

£300 per company

To cover the costs of processing a company application, includes references checks.

*VAT charged at prevailing rate
Tenant Fees

Fee Type

Cost £ including VAT*

Explanation

Holding Deposit

One week’s rent

A Holding Deposit is required to reserve a property.
Please note: In the event of the tenant withdrawing within 15 days of paying the Holding Deposit or failing to take up the tenancy within 15 days of paying the Holding Deposit or not complying with point 5 of the reservation receipt the tenant will forfeit their Holding Deposit.

Deposit

Five weeks’ rent

The Deposit covers damages or defaults on the part of the tenant during the tenancy

Late Rent Payment – more than 14 days

Interest at 3% above the base rate of Bank of England per annum, calculated daily.

Interest will be applied from the Rent Due Date.

Lost Key(s)

See explanation

Any cost for the replacement of keys, fobs, security devices or associated items which have been lost, damaged or broken. If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord and any other persons requiring keys will be charged to the tenant. If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s).

Variation of Contract (Tenant’s request and agreed by the Landlord)

£50 per agreed variation

To cover the costs of the preparation and execution of new legal documents.

Change of Sharer (Requested and replacement found by the tenant)

£50 per replacement tenant

To cover the costs of new tenant / guarantor referencing, right to rent checks, deposit registration and the preparation and execution of new legal documents.

Early Termination (Tenant’s request and agreed by the Landlord).

See explanation

Should the tenant wish to leave their tenancy agreement early, the tenant shall be liable for the costs in re-letting the property and all rent due under the tenancy until the start date of the replacement tenant. These costs will be no more than the maximum amount of rent outstanding on the tenancy.
Note: The Landlord is not legally required to agree to this request.

Company Let Application Fee

£300 per company

To cover the costs of processing a company application, includes references checks.

*VAT charged at prevailing rate

Keep me Informed

Fill in your personal details. We will be in touch to discuss your student property needs.

Keep me Informed

Fill in your personal details. We will be in touch to discuss your professional property needs.

Keep me Informed

Fill in your personal details and select if you are a student or professional. We will be in touch to discuss your property needs.

Before After Erleigh Road before refurbishment82 Erleigh Road Kitchen
  • 82-Erleigh-Road-lounge-2

    Lounge

  • 82-Erleigh-Road-kitchen

    Kitchen

  • 4 Bedroom Student Home – Erleigh Road

    Lounge 2

  • 82-Erleigh-Road-bedroom4

    Bedroom 1

  • 82-Erleigh-Road-bedroom3

    Bedroom 2

  • 82-Erleigh-Road bedroom2

    Bedroom 3

  • 82-Erleigh-Road bedroom1

    Bedroom 4

  • 82-Erleigh-Road-bathroom

    Bathroom

  • 82-Erleigh-Road-garden

    Garden 2

  • 82-Erleigh-Road-garden-3

    Garden 3