Landlords Guide

FULL MANAGEMENT SERVICE

This service is designed to give all Landlords – existing or new, local or resident overseas – peace of mind. We have experienced staff who will look after your property ensuring it is well maintained and upgraded as necessary.

Rental valuation to discuss your requirements:

  • Rental advice and review of current market.
  • Assessment of property and advice on maintenance or improvement issues
  • Safety regulations

The process continues with marketing:

  • Preparation of the Energy Performance Certificate (EPC)
  • Details and photographs on our website and other portals including Rightmove, Prime Location, Property Live and Globrix
  • Circulation of details to prospective tenants via mailing lists and database. Weekly circulation to schools, colleges, corporate companies and hospitals
  • Periodic advertising within local property newspapers
  • Supply ‘TO LET’ board to property
  • Accompanied viewings for all appointments and regular feedback

Following an application from a prospective tenant we will:

  • Negotiate all details of the tenancy on your behalf
  • Implement full credit and referencing service
  • Draw up tenancy agreements in line with the current Housing Act
  • Collect one months rent in advance together with a dilapidations deposit to be allocated to our tenancy deposit scheme
  • Set up the tenants standing order rental payments
  • Hand over keys to the tenant and any other information relevant to the property at the start of the tenancy
  • Notify utilities, electricity, gas, water and council tax in writing

During the tenancy our management includes the following features:

  • Monthly statement and remittance of rent to your nominated bank account after deduction of fees and maintenance invoices
  • Payment through rent account of invoices and regular outgoings (including block service charges, ground rent and gardener services etc)
  • Carry out quarterly property inspections producing Landlord reports
  • Arrange running repairs and maintenance
  • Final inspection at the tenancy termination with full negotiation of deposit return
  • Arrange and supervise between-tenancy maintenance, cleaning and final preparation for each new tenancy.
  • Continual assessment of the condition of the property and upgrading advice to ensure the property remains competitive in the local marketplace.

TENANT FINDING ONLY SERVICE

Are you an experienced local Landlord who wants to utilize a dedicated lettings team with extensive marketing capabilities to find good quality tenants for you? Do you feel able to take on the responsibility for managing the property during the tenancy? If so, this service is for you:

Rental valuation to discuss your requirements:

  • Rental advice and review of current market.
  • Assessment of property and advise any maintenance and/or improvement issues.
  • Safety regulations

The process continues with marketing:

  • Preparation of the Energy Performance Certificate (EPC)
  • Preparing details & photographs for our website and other portals such as Rightmove, Prime Location, Property Live and Globrix
  • Circulation of details to prospective tenants via mailing lists & database
  • Weekly circulation to schools, colleges, corporate companies and hospitals
  • Periodic advertising within local property papers
  • Supply ‘TO LET’ board to property
  • Accompanied viewing with prospective tenants and regular feedback

Following an application from a perspective tenant we will:

  • Negotiate all details of the tenancy on your behalf
  • Implement full credit and referencing service
  • Draw up tenancy agreements in line with the current Housing Act
  • Collect one months rent in advance together with a dilapidations deposit to be allocated to the Landlords chosen tenancy deposit scheme
  • Set up the tenants standing order rental payments to the Landlords account
  • Hand over keys to the tenant and any other information relevant to the property at the start of the tenancy
  • Notify utilities - electricity gas water and council tax in writing

LANDLORD FEES

Scale of charges

1) Tenant Find Service - £ One month’s rent + VAT payable for each letting where the tenant is introduced through the Agent (Min fee £400 + vat) (e.g. If the monthly rental is £550.00 you will pay a fee of £660.00 inclusive of VAT)

2) Full Management Service - £300.00 inc VAT Initial Instruction fee, plus 12% (inclusive of VAT) of the rent received, deducted by the Agent (e.g. If the monthly rental is £550.00 you will pay a fee of £66.00 inclusive of VAT)

The fees under the above services are payable when any individual or organisation enters into an agreement to rent the Property as a result of our promotion, introduction, or viewing by the Agent.

Additional Charges

  • Tenant referencing - £240.00 (inclusive of VAT) per property
  • Guarantor referencing - £75.00 (inclusive of VAT) per property
  • Inventory service - £78.00 (inclusive of VAT)
  • Duplicate statements - £17.50 (inclusive of VAT)
  • Void property inspections - £35.00 (inclusive of VAT) (per visit)
  • New Tenancy fee - £150.00 (inclusive of VAT)

  • VAT is payable at the prevailing rate on all our fees. In accordance with consumer legislation it is quoted as included in the prices stated above.