No Obligation Property Appraisal – our staff will visit the property and evaluate the potential rental value and discuss your requirements.
Marketing – design and preparation of property details including photographs and floorplans for targeting and circulation to our tenant database. Your property is added to our website as well as leading national sites. We also offer a “To Let” board for your property.
Tenant Selection & viewings – we will arrange and accompany viewings for prospective tenants.
Tenant Referencing – Extensive tenant vetting which will include:
Tenancy Agreement – Preparation of the tenancy agreement and renewing the agreement where necessary at the end of the term. (Renewal subject to additional fees). We will also arrange the handing over of keys if required.
Rent Collection – We will collect the first month’s rent in advance together with a security deposit equivalent to five weeks rent.
Deposit – Registration of the tenant’s security deposit with the Deposit Protection Scheme (DPS) and issuing the prescribed information. (Unless fully managed, deposits will be held by the Landlord subject to the “The Tenancy Deposit Protection Scheme” (TDPS) under the housing act 2004 until after the end of the tenancy when the property and contents have been checked for unfair wear and tear).
Our Rent Collection Service includes all of the services in the tenant find service with the addition of:
Monthly Invoicing and Accounting – Receipts of rent paid by the tenant by cheque, cash or standing order.
Ensure the rent is collected and forwarded directly to your chosen bank account, after the deduction of any fees or expenses due or incurred for the period
Provide a monthly statement of account for you.
Our Fully Managed Service includes all of the services in the above packages with the addition of:
Maintenance
Inventory Preparation – A complete and comprehensive inventory will list all fixtures and fittings and form an integral part of the tenancy agreement.
Arranging Check – In and Check-Out reports and the refund of tenant’s deposits less any amounts agreed for dilapidations according to a comparison of these reports.
Utilities
Liaise with utility providers to arrange the transfer of the services, i.e. gas, electricity, water and council tax into the tenant’s name and to arrange for the closing accounts to be sent directly to you for settlement. This does not include the transfer of the telephone, cable or satellite systems.
Subject to funds, we can pay current outgoings such as ground rent, insurance premiums and service charges or similar contributions to shared expenses (except mortgage liabilities), when presented, and account to you regularly.
Legal
Use reasonable endeavours to advise the landlord if any tenant is in breach of any terms of the lease and/or any relevant laws.
Advise the landlord when notices should be served and serve such notices required by law in respect of the premises, unless service is required by a solicitor.
Renew annual safety certifications for gas installation. (Renewal subject to additional fees)
Service Feature | Fully Managed | Rent Collection | Let Only |
---|---|---|---|
Free consultation and valuation service | ✓ | ✓ | ✓ |
Property marketing plan | ✓ | ✓ | ✓ |
Internet property advertising | ✓ | ✓ | ✓ |
Accompanied viewing | ✓ | ✓ | ✓ |
Tenant referencing service | ✓ | ✓ | ✓ |
Preparation and signing of tenancy agreements | ✓ | ✓ | ✓ |
Tenancy renewal | ✓* | ✓* | ✓* |
Security deposit holding facility | ✓ | ✓ | ✓ |
Energy performance and gas safety certificates | ✓* | ✓* | ✓* |
Lodging of security deposit with DPS | ✓ | ✓ | ✓ |
Professional inventory | ✓ | ✓* | ✓* |
Routine property visits | ✓ | ✓* | ✓* |
Tenant check out service | ✓ | ✓* | ✓* |
Damage/wear and tear assessment | ✓ | ✓* | ✓* |
Monthly accounts statement | ✓ | ✓ | |
Organise property maintenance | ✓ | ||
Transfers of utilities | ✓ | ||
Managing the check out process | ✓ | ||
Advising on deposit deductions | ✓ |
*attracts extra costs
Fully Managed
(Percentage of the rent payable for the full tenancy term, to include all renewal periods. Payable in advance or deducted from the first rental payment)
10% + VAT
Rent Collection
(Percentage of the rent payable for the full tenancy term, to include all renewal periods. Payable in advance or deducted from the first rental payment)
9% + VAT
Landlord Set-up Fee
£480.00 (£400+VAT)
Deposit Protection (Payable at the start of a tenancy)
£60.00 (£50+VAT)
Landlord Renewal Agreement
£120.00 (£100 + VAT)
£60.00 (£50 + VAT) ROOM LETS
£90.00 (£75 + VAT SERVICE OF SECTION 13 NOTICE)
Landlord Checkout Fee
1-2 BED £120.00 (£100 + VAT)
3-4 BED £180.00 (£150 + VAT)
Inventory
1 BED – £120.00 (£100 + VAT)
2 BED – £180.00 (£150 + VAT)
3 BED – £204.00 (£170 + VAT)
4 BED+ – £200.00 (£200 + VAT)
Fully Managed / Rent Collection Room Lets
LANDLORD SET-UP FEE – £300.00 (£250 + VAT)
DEPOSIT PROTECTION – £60.00 (£50 + VAT)
INVENTORY – £90.00 (£75 + VAT)
CHECK-OUT FEE – £90.00 (£75 + VAT)
Tenant Find Only Fees
LANDLORD SET UP FEE:
ALL PROPERTIES £720.00 (£600 + VAT)
ROOM LETS £360 (£300 + VAT)
Inventory
1 BED – £120.00 (£100 + VAT)
2 BED – £180.00 (£150 + VAT)
3 BED – £204.00 (£170 + VAT)
4 BEDS + – £200.00 (£200 + VAT)
Landlord Checkout Fee
1-2 BED £120.00 (£100 + VAT)
3-4 + BED £180.00 (£150 + VAT)
Landlord Renewal Agreement
£120.00 (£100 + VAT)
£60.00 (£50 + VAT) ROOM LETS
Additional Fees
INSURANCE CLAIM MANAGEMENT – £600.00 (£500 + VAT)
PROPERTY REFURBISHMENT – MANAGEMENT – £600.00 (£500 + VAT)
PROPERTY SALES FEE – 1.5% + VAT
CONTRACT TRANSFER FEE – £1200.00 (£1000 + VAT)
ANNUAL INCOME AND EXPENDITURE REPORT – £42.00 (£35+VAT)
Fully Managed / Rent Collection / Tenant Find Tenancy Agreement Preparation / Serving of Notice to Tenants
£150.00 (£125 + VAT)
Attendance to Court
£180.00 (£150 + VAT)