Property Management Services
Assured Residential provide leading property management services, including support and advice to both tenants and landlords
Up to date with complex legislative changes and best practice100%
Adhere to a nationally recognised Code of Practice100%
A professional and valued approach for both novice investors and portfolio Landlords100%
Backed by ARLA Propertymark Client Money Protection Scheme100%
Your local, ARLA Propertymark approved property manager
Whether you are a landlord who’s looking to rent out your investment property, or a tenant looking for the right rental property, we can help you.
Assured Residential are Letting Agents in Coventry, Kenilworth, Leamington Spa, Warwick and surrounding areas. We specialise in property management services for residential properties, making us the local experts.
Our professional team manage properties to the highest standard, ensuring satisfied landlords and happy tenants.
Take the stress and hassle out of managing rental properties. We shall handle the complicated paperwork and ensure everything is legally compliant before your move in date so that you have nothing to worry about.
We offer completely free, no-obligation market appraisals for prospective landlords, contact us to book a valuation of your rental property.
Find out more about how we can help you as a landlord looking to rent your property.
Looking to buy an investment property?
We’ll be happy to share our knowledge of the area and advise you
Contact us before you take the plunge to discuss current market trends and rental values.
PROFESSIONAL PROPERTY MANAGEMENT
- When we are instructed to operate on a professionally managed basis, the service we offer will include:
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.
By instructing us to market your property, you will benefit from a pro-active marketing commitment combining both traditional and modern methods, second to none. Our marketing software will produce full-colour details with room dimensions and ample photographs which can be accessed from our website, rightmove.com and your property will benefit from our eye catching to let board, if required.
We will arrange for interested parties to view your property and will always accompany viewings. We will be available to accompany viewings six days a week, diaries permitting.
Once interested parties express the desire to rent a property they will complete application forms, pay-over our administration fee and be thoroughly vetted. We will require residential identification, carry out a credit assessment verifying the electoral role, searching public records for any adverse information such as CCJ’s, Bankruptcies, Voluntary Arrangements and verification of current and previous addresses. We will also take-up a written Employer’s reference or other satisfactory verification of financial means or income, a Bank status enquiry and a previous Landlord/Agent reference, if appropriate. All Tenancies are now subject to mandatory Right To Rent Checks in order to comply with the Immigration Act 2014 as amended 2016.
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. We will establish whether or not you are agreeable to applications of this nature prior to marketing
In all cases we will keep you fully informed and only proceed with your approval.
In all cases we will take at least one month’s rent in advance and the equivalent of one and a half month’s rent as a bond, in cleared funds, prior to the tenancy. We will hold the bond as Stakeholder. As a member firm of the Tenancy Deposit Scheme, we will register the tenancy details online and issue the appropriate certificate to the Tenants to ensure that the bond is held within an appropriate insurance based scheme to comply with The Housing Act 2004 (Chapter 4 Sections 212 – 5; and Schedule 10) deposit protection requirements.
We will prepare all the necessary Tenancy Agreements, Guarantee Agreements and Legal Notices.
Whether furnished or unfurnished, we will prepare a detailed Inventory and this will be supported with photographs.
We will take meter readings and write to the appropriate utility suppliers (Gas, Water and Electricity) and notify the Council Tax Department with regard to the change in occupation.
On-going Collection of Rent
With most modern tenancies, the rent period is monthly and where we are professionally managing the property, we will arrange for Tenants to pay this directly to Assured Residential, usually by standing order and in advance. Monies due to Landlords are paid out on a monthly basis, at the end of each month, less our fees and less any Landlord Supplier or Contractor payments. We will, of course, keep you fully informed of any anomalies or problems with the collection of rent.
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.
At the appropriate point in the tenancy we will establish whether you, the Landlord, wish to renew the tenancy and depending on your desire, either serve the appropriate possession notice or contact the Tenants to establish whether or not they wish to renew. If they do wish to renew, we will draw-up the necessary documentation. Renewals are at no additional cost to the Landlord.
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.
Shortly after receiving the keys back from exiting Tenants, we will carry out an inventory inspection and report to you with any issues and with your approval will refund the Bond after agreeing any deductions. We will take meter readings and write to the utility suppliers (Gas, Water and Electricity) and Council Tax Department with regard to the change of occupancy.
Most tenancies conclude in a satisfactory manner. A Landlord must allow for fair wear and tear to the property, but fair wear and tear excepted, a Tenant must render the property in the same clean order as when they took over the tenancy. Should there be any issues, we will liaise with both Landlord and Tenant in order to resolve these issues. The primary purpose of the Bond is to secure against dilapidations caused by a Tenant.
Initial Letting Fee, payable at the outset of each new tenancy - £150 inc VAT
Plus monthly management commission
We’ll Help You To:
- Find the right tenants, and vet them for reliability. We advertise all properties on popular letting sites such as rightmove.co.uk.
- Take care of all the legal documents by preparing all the essential Tenancy Agreements, Legal notices, and Guarantee Agreements.
- Prepare a thorough inventory supported by photographs, of the property which will act as a baseline to measure any damages at the end of a tenancy.
- Register deposits held with an authorised Tenancy Deposit Scheme, usually the TDS, at the outset of the Tenancy and issue the appropriate Certificate to the tenants ensuring compliance with Tenancy Deposit legislation as required by The Housing Act 2004.
- Notify utility suppliers and the Council Tax department of a change in occupancy. We also take meter readings.
- Collect rental payments on a monthly basis.
- Manage all maintenance and repairs, in close consultation with you, as the landlord.
- Advise and assist in resolving any disputes.
- Ensure the house is maintained to a safe standard, including all relevant safety checks.
More Happy Customers:
I’ve been with Assured Residential for 17 months and would recommend to both prospect landlords and tenants. When viewing the property it was refreshing to hear their intent is ensuring the right tenants are in the properties not just filling them. I myself was one of multi tenants interested in my house, everything about the process was very clear. My tenancy to date has been really good, issues are dealt with really quickly. Ross, Heather and Kirsty are all very friendly and helpful.
“Been with Assured Residential for 4 years. Sadly had to leave the property as our family has expanded so more rooms were needed. I must say assured have been the nicest and most professional estate agents I have ever dealt with. They are very reliable and deliver a fast service whenever there was a problem with the property it was dealt with usually within 2 days. I personally have dealt with Ross and Kirsty over the last 4 years and must say each time they have been very pleasant and extremely helpful. If there was a property big enough for rent through Assured Residential we would have gladly continued to use them. Highly recommended .”