Information for Landlords

We understand that not all landlords are the same and that you may require very different services depending on the number of properties you own and your personal circumstances. Unlike most agents we offer a number of carefully tailored packages to meet these varying requirements; all are designed and delivered with our core values of providing outstanding service at affordable prices. We always operate on a no let no fee basis, and are happy to discuss different arrangements to meet your needs.

We offer a ‘Let Only Service’

  • We will visit your property and provide a free of charge valuation with no obligation.
  • We can provide legal advice on the legislation surrounding letting your property.
  • We will market your properties to our extensive applicant list and via our website, Rightmove and a number of other high profile property portals.
  • We always carry out accompanied viewings at times that are suitable for prospective tenants.
  • We use a market leader in tenant background checks to make sure we have secured the right tenant for your property.
  • We produce a detailed photographed inventory, protecting both you and the tenant in the case of a dispute at the end of the tenancy.
  • We will produce an assured short-hold tenancy agreement and include any special terms that you wish to add.
  • We will collect a deposit and the initial rent and forward the funds to you immediately. We will also set up payment for the duration of the tenancy.
  • Finally we will check-in the tenant and handover the keys, making the process as hassle free for you as possible.
  • We work on a ‘no let, no fee basis’ so you will never have to pay anything until we have found a suitable tenant.
  • Ask about our rent Guarentee facility.

Our ‘Full Management Service’ is designed to take all the stress out of being a landlord. It encompasses all the elements of the ‘Let Only Service’ as well as the following features:

  • You will never receive a phone call from a tenant. All tenant enquiries come straight to us, we deal with all day-to-day issues.
  • We can advise on the safety regulations that your property must comply with and arrange for Gas, Electrical and Energy certification.
  • We will collect rent payments and forward them to you immediately. By carefully monitoring rent payments we are able to investigate late payments straight away and can relentlessly pursue rent arrears.
  • We will arrange for any maintenance and repairs up to a previously agreed value and will consult you, and provide quotes for any more serious work.
  • We will hold a spare set of keys to allow maintenance contractors access and to provide replacements if your tenants lose their keys.
  • We will inspect your property on a quarterly basis, allowing us to carefully monitor its’ condition, provide you with a report and take action where necessary.
  • We will inspect your property at the end of a tenancy against the inventory created at the start and provide advice on any appropriate deposit deductions.

Landlord Fees Payable
Level of Service Offered
Tenant Introduction and Referencing
Fee = 50% of 1 month’s rent plus VAT

INCLUDES:
Erect board outside property in accordance with Town and Country Planning Act 1990
Market the property and advertise on relevant portals
Arrange and accompany viewings if necessary
Ensure applicants meet required criteria
Produce assured shorthold tenancy agreement
Collect initial months rent
Provide tenant with ongoing method of payment
Provide Rent Guarantee policy for first 6 months

Full Management
Fee = 50% of 1 month’s rent plus VAT and 10% of monthly rent due plus VAT subject to negotiation

INCLUDES:
Erect board outside property in accordance with Town and Country Planning Act 1990
Market the property and advertise on relevant portals
Ensure applicants meet required criteria
Produce assured shorthold tenancy agreement
Collect and remit the monthly rent received
Pursue late payment of rent
Undertake two inspection visits per annum
Arrange routine repairs and instruct approved contractors
Provide Rent Guarantee policy for first 6 months
Hold keys throughout the tenancy
Additional non-optional Fees and Charges
Setup Fee (Landlords Share): 50% of first months rent plus VAT

Contract negotiation (amending and agreeing terms) and arranging the tenancy and agreement
Agree the market rent and find a tenant in accordance with the landlord guidelines
Advise on refurbishment
Provide guidance on compliance with statutory provisions and letting consents
Inventory Fee: £72 (inc VAT)

Regulation Provisions/Checks
EPC and Floorplan £108 (inc VAT)
Visual Electrical Inspection £84 (inc VAT)
Legionella Risk Assessment £115.20 (inc VAT)
Gas Safety Check, if applicable £72 (inc VAT)
Carbon Monoxide Detector £37.50 (No VAT)

Deposit Registration Fee: £0

Register landlord and tenant details and protect the security deposit with a Government-authorised Scheme
Provide the tenant(s) with the Deposit Certificate and Prescribed Information within 30 days of start of tenancy

Additional property visits: £36 (inc VAT)

To attend for specific requests such as neighbour disputes; more visits are required to monitor the tenancy; or any maintenance-linked visit

Submission of non-resident landlords receipts to HMRC: £0

To remit and balance the financial return to HMRC quarterly – and respond to any specific query relating to the return from the landlord or HMRC
Arrangement Fee for works over £50: 10% of net cost

Arranging access and assessing costs with contractor;
Ensuring work has been carried out in accordance with the specification of works
Retaining any warranty or guarantee as a result of any works
Arrangement fee for refurbishments over £1000 5% of net cost

Arranging access and assessing costs with contractor;
Ensuring work has been carried out in accordance with the specification of works
Retaining any warranty or guarantee as a result of any works
Rent Review Fee £0

Review rent in accordance with current prevailing market condition and advise the landlord
Negotiate with tenant
Direct tenant to make payment change as appropriate
Update the tenancy agreement
Serve Section 13 Notice if tenancy is on a rolling monthly basis
Renewal Fee (landlords share) £60 (inc VAT)

Contract negotiation, amending and updating terms and arranging a further tenancy and agreement
Checkout Fee (landlords share) £60 (inc VAT)

Agree with tenant check out date and time appointment
Instruct inventory provider to attend
Negotiate with landlord and tenant any disbursement of the security deposit
Return deposit as agreed with landlord and tenant to relevant parties
Remit any disputed amount to Scheme for final adjudication
Unprotect security deposit
Instruct contractors; obtain quotes; organise repairs /replacement/cost of any broken or missing items
Court Attendance: £60 per hour (inc VAT)

IF YOU HAVE ANY QUESTIONS ON OUR FEES, PLEASE ASK A MEMBER OF STAFF
z_https://youtu.be/6iZ64A5I_hE