Landlords Information

Lettings &
Property Management

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LANDLORD INFORMATION

Communication and availability are the two key fundamentals for making a business relationship work, but it starts with respect. As a landlord, your property portfolio is essentially your estate. You have taken the time to buy a property and prepare it to be a place for other people to live happily, and we understand how important it is to maintain it as a working asset. It follows with service. You’ve done your job, now it’s time for us to do ours. Here is an outline of the three levels of service we offer for letting your property:

1. TENANT FIND

Free market appraisal – no obligation just good advice.
Instruct us to begin – now you’re happy, we take the property details and some photos whilst you’re signing our T&Cs
Provide us with a set of keys – good access to your property is vital for us
To Let board is erected
We spread the message – displaying your property in our prominent showroom, as well as contacting our database of waiting tenants, and marketing on many websites including Rightmove, Propertylive, KMMaxfield.com, Twitter and Facebook
Accompanied viewings, so you don’t have to
Credit reference of potential tenants
Manage preparation and completion of Tenancy Agreement
Arrange Energy Performance Certificate if applicable (additional fee will apply)
Collect bond for Tenancy Deposit Scheme, along with the first rent payment
Advise on gas and electrical safety checks

2. TENANT FIND & RENT COLLECTION

In addition to finding a suitable tenant, we will continue to collect the rental payments, and forward it directly to your bank account after deducting our fee.

3. TENANT FIND & FULL MANAGEMENT

In addition to all of the above, we will keep every aspect of your property managed on your behalf, though we will always consult with you before you incur any charges. This service includes:
Periodic inspections
Arrange for quotes for any breakdowns, repairs and cleaning required
Inspect the property before tenants leave, prior to returning any bond money
Provide an inventory of the property, if required (additional fee applies)
Please be aware that as a landlord, you are legally required to comply with the Gas Safety Regulations 1998, Electrical Equipment Safety Regulations, Furniture & Furnishings Fire Safety Regulations and Energy Performance of Buildings Regulations. We can offer you guidance on this if you require, but don’t worry, we’re just as regulated as you are.

Client Money Protection

We are part of the Propertymark Client Money Protection Scheme, View Certificate

Propertymark Conduct and Membership Rules, (specifically the rules for handling Client Money), as required by Section 5 (2) (a) The Client Money Protection Schemes for Property Agents (Approval and Designation of Schemes) Regulations 2018. Please add the following link

https://www.propertymark.co.uk/media/1045366/conduct-and-membership-rules.pdf

FEE LIST

Not all fees apply to every let – Please ask

LANDLORD FEES

Three Levels of Service Offered:

1)  Let Only, Tenant Find Fee
£399 + VAT (£478.80)

2) Tenant Find Fee & Rent Collection
£349 + VAT (418.80) plus 8% + VAT (9.6%)

3) Tenant Find & Fully Managed
£299 + VAT (358.80) plus 10% + VAT (12%)

Tenancy Deposit Scheme Fee
£25 + VAT (£30)

Inventory fee
£100 + VAT (£120)

Energy Performance Certificate
£75 + VAT (£90) 

Miscellaneous Fees

Supervising large work, we may charge 20% + VAT of total cost of the work

If you find your own Tenant, to form a Short-hold Assured Tenancy Agreement we charge £75 + VAT (£90) for new tenancies or £35 + VAT (£42) for an extension of tenancies.

Extra inspection visits
£25 + VAT (£30)

Statutory applications for market rent appearances before the Rent Assessment Committee
£75 + VAT (£90) per house

Copy document charges of 50p per photocopy plus postage. 

What is the Tenancy Deposit Scheme

Tenant Fees consumer guide (V1.2)

We are part of the Propertymark Client Money Protection Scheme.