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Information for Landlords

With our extensive experience of lettings we can provide a fully managed lettings service for our customers to ensure your role as a landlord is as easy as possible.

 

Our fully managed service to landlords includes:

 

Finding the right tenants

 

We will:

  • Advise on the optimal rental value of the property
  • Market the property
  • Find suitable tenants, conduct references and credit checks

Once the tenants are found

 

We will:

  • Take receipt of the holding deposit and register it with The Dispute Service
  • Draw up the tenancy agreement at the start of the tenancy and manage renewals thereafter
  • Instruct the inventory clerk to prepare the inventory and check the tenant in and out
  • Issue keys, collect rent, transfer utilities, manage repairs and organise regular maintenance
  • Manage actions required when rents are overdue or tenants are causing nuisance

General Lettings Advice

 

We will also:

  • Provide advice on purchasing of suitable property to rent
  • Give guidance on what items to include in the inventory
  • Assist with completion of tax returns and arrange any buildings, contents or legal insurances
  • Advise on general legal problems associated with letting and locate and liaise with solicitors where necessary

 

Landlord Charges

  • Letting and Rent collection service: 10% (inc VAT) of the rent received deducted by the Agent as and when rent received.
  • Full Management service:   6% (inc VAT) of the rent received, deducted by the Agent as and when the rent received.
  • Agreement Admin Fee:   £240 (inc VAT)
  • Inventory Service:  £90-£200 depending on size of property (inc VAT)
  • Duplicate statements: £39 (inc VAT)
  • Tenancy Renewal fee: £60 (inc VAT)
  • TDS scheme: £18 per deposit
  • Major works fee: 12%  (inc VAT)  if works over £500
  • Professional hourly rate: £120 (inc VAT) charged by the Agent when required to carry out any additional services and court attendance.

 

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