LETTINGS SERVICES

Tenant Find Only 

£468.00 INCL VAT
  • Free rental valuation
  • Advice on getting your property ready to go onto the market
  • Arranging Landlords Gas Safety Certificate (CP12) and Electrical Installation Certificate, if required, cost to be borne by the Landlord
  • Arranging EPC for property if needed (cost to be borne by Landlord).
  •  Advice on Legionnaires disease compliance
  • Advice on current legislation for  smoke alarms and carbon monoxide compliance - October 2015 legislation
  • Advice on Inventories
  • Local press advertising
  • Window advertising
  • To Let Board
  • Accompanied viewings, if required
  • Negotiation of rents and commencement of tenancy
  • Taking up references, including credit check, employment and previous Landlord checks if applicable, when applicable
  • Drawing up of Tenancy Agreements
  • Utility Readings and transfer of these into tenant’s name with final accounts sent to Landlord
  • Collection of first month’s rent and bond/deposit monies from the tenant
  • Payment to landlord of bond/deposit to be lodged with a Government approved scheme
  • Tenant check-in
  • Final Statement of Account sent to Landlord

 

Ongoing Management

£450.00 INCL VAT SET UP COST

MANAGEMENT FEE: 12% OF THE MONTHLY RENT INCL VAT FOR THE FIRST 6 MONTHS, FOLLOWED BY 15% INCL VAT THEREAFTER

As Tenant Find Only service, with the addition of:-

  • Transfer of bond/deposit to the Deposit Protection Service (DPS)
  • Collection of rental monies from the tenant
  • First point of contact for tenants, including out of hours emergency helpline
  • Arranging maintenance and repairs by qualified professionals
  • Renewal of gas safety inspections (CP12s) on an annual basis
  • Advice on Legionnaires disease compliance
  • Ensuring compliance with Smoke and Carbon Monoxide Alarm (England) Regulations 2015
  • Arranging electrical inspections, if requested, as detailed below* and also Legionella Risk Assessments, again if requested by the Landlord
  • Periodic Inspections with a copy of the report supplied to the Landlord
  • Preparation of monthly statement for Landlord and payment of rental income after deductions via BACS payment
  • If required, service of appropriate legal notice to tenant to terminate tenancy
  • Check out of tenant at end of tenancy including dealing with repayment of bond/deposit

Additional Services

RENT COLLECTION ONLY - charged at the rate of 8% incl VAT of the rent collected

Preparation of Inventory - An Inventory protects both a Landlord and Tenant in the case of a potential dispute. We highly recommend that each property has an inventory. We are happy for you to supply your own or alternatively we can arrange this on your behalf. (£150.00 INCL VAT)

We  use  totally independent professional inventory providers, the government  are currently considering recommending that all Letting agents should outsource Inventories,  and use an independent inventory provider so that they remain impartial. 
 
Our Inventory provider, Pafena, (http://www.pafena.com/rental-property-services/) uses detailed reports with dated photographic images as this is one of the most up to date ways of providing an inventory.  They are APIP accredited inventory providers with ARLA Propertymark and have been providing inventory reports since 2010.

Having a professional inventory and schedule of condition is essential in order to protect the interests of landlords, agents and tenants. Inventory issues are at the centre of a significant proportion of the deposit disputes dealt with by dispute resolution services. Quality of inventory provision varies greatly across the industry so what does using an APIP member mean to landlords and letting agents?

APIP members are qualified either through passing the Technical Award in Residential Inventory Management and Practice or through significant experience in the industry. The qualification comprises four units incorporating legal matters, health, safety and security, property management and inventory practice. Please see an example of the level of details as attached.

Sample inventory (2).pdf

 

Inventory notes.docx (information taken from the TDS website)

 

 

* All Landlords are strongly advised to provide NICEIC Electrical Condition Reports for tenanted properties. It is highly recommended that such Reports are updated every 5 years, with visual inspections also being undertaken annually or at such time when there is a change of Tenants – Price on Application (subject to property location/size)

 

 

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