| The Services We Offer....... |
Rental
Appraisal - |
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Whether we are instructed to professionally manage your property or operate on a let only basis (tenant finding only) the service we offer is identical to the point of your Tenants being installed into your property. |
Rental Appraisal – An initial meeting at your property to offer our opinion as to a realistic current market rental value and presenting a good opportunity to discuss the property’s potential and offer any advice that you may require. We will discuss the service we offer, in as much detail as you wish, and answer any queries you may have.
Viewing – We will arrange for interested parties to view your property either by accompanied key, with yourselves if you are still living at the property, although we will be pleased to accompany, if you prefer or with your exiting Tenant. We will be available to accompany viewings six days a week, diaries permitting.
Should we receive applications from parties who we feel are good candidates but whose applications are a little weak (for example, a particularly young applicant) then we will advise you accordingly and, should you be agreeable, take a Guarantor to the tenancy. For applications received from parties on Housing Benefit, a clean credit history and residential identification will still be required and we will take a Guarantor to the tenancy, who must meet all of the above criteria. For post-graduate students, we will require proof of financial means i.e. sponsorship. In all cases we will keep you fully informed and only proceed with your approval.
Paying-out Let Only Clients – At this point our responsibility as Agent ends with Let Only clients. We will pay over monies collected on your behalf (one month’s rent) with our fees and any other expenditure deducted. We will arrange for future rent due to be paid directly to you, the Landlord, usually by standing order. At this point we will furnish the in-going Tenants with your contact details.
On-going Contact and Maintenance Issues – When professionally managing your property we are the point of contact between Landlord and Tenant. We will report to you with any issues or maintenance required. We have a team of approved Contractors on hand who usually provide a cost-effective solution to any maintenance required. You can, of course, nominate your own Contractors to carry out any works or attend to them yourself. We will endeavour not to spend any monies without your prior approval. Should funds be adequate, maintenance costs can be deducted directly from rents collected and shown on the Statements we render to you.
If your Tenants do not wish to renew, we will advertise your property for re-letting, approximately one month before they are due to vacate. Our Tenancy Agreements provide that access must be allowed with regard to viewing for re-letting one month prior to the termination of the Agreement.
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| Professional Management | |||||
Initial Letting
Fee, payable at the outset of each new tenancy - |
£120.00 + VAT | ||||
| Management Commission – | Properties up to £400.00
pcm - |
12.5% + VAT | |||
Properties over £401.00
pcm - |
10.0% + VAT | ||||
| Let Only | |||||
| One off Letting Fee, payable at the outset of each new tenancy – | |||||
| for Tenancies under an initial fixed term of |
55% + VAT of the first months rent, subject to a minimum of: |
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| for Tenancies with an initial fixed term of 12 months or over |
80% + VAT of the first month's rent, subject to a minimum of: |
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