Landlord Terms + Conditions / Fees

Full Management means your letting agent will handle everything for you and that is exactly what we do. Putting your property on the market for potential tenants, finding the right renter for you, handling the rent collection, dealing with day-to-day maintenance issues, keeping you and your investment safe from changes in regulations, and so much more. Our services include,

LET ONLY 10% of annual rental income payable up front on receipt of first rental income

·       Property Appraisal

·       Tenant reference checks, obtained and processed

·       Taking pictures of the property and market it on various websites including on our own website

·       Carrying out viewings

·       Colleting first rental income and registering deposit to an approved deposit scheme where applicable *

·       Contacting both landlord and the tenant for tenancy renewal at the end of tenancy period

LET & COLLECT 11% deducted from rental income throughout the period of the tenancy

·       All the services we provide for let only

·       Collecting the rent in our clients account and remitting to landlord’s account along with monthly statements

·       Registering the tenant’s deposit to a government authorised scheme *

·       Registering tenant’s details for utility services and council tax where applicable

MANAGEMENT 13% deducted from rental income throughout the period of the tenancy

·       All the services we provide for let only

·       Collecting the rent in our clients account and remitting to landlord’s account along with monthly statements.  

·       Attending to payment of regular outgoings in relation to the property, namely ground rent, rates as applicable, service charges, insurance etc.

·       Attending day-to-day matters of repairs and maintenance.

·       Carrying out inspections. We will make a periodic inspection of the property to make sure that it is being cared for *

·       Dealing with tenancy renewals *

·       Keyholding facilities

·       Arranging Inventory *

·       Check-In and Check-Out *

·       Organizing certificates (Gas, Electricity and EPC) as well as HMO application and Floor Plan if required *

 * Charges will apply

Maintenance:

 In case any repairs need to be carried out at the property, we will instruct the contractor to investigate the problem and supply you with the quote for it. The contactor will only be instructed to carry out repairs when it is approved by the landlord unless it's an emergency i.e., water leak, gas or electronic issues, roof collapse, secure doors in case of robbery and all extremely serious situations. 

Tenancy Administration Fee £250: Our team will prepare the tenancy agreement after due diligence carried out on potential tenants. Once it’s signed, a copy will be given to both tenant and landlord for their record keeping. Tenants will be provided with a pack including certificates and right to rent in England etc. Tenant’s deposit will be registered with DPS and copy of the certificate will be passed onto the tenant. Our team will deal with registering the new tenants’ details with the council tax and utility services.

Renewal Fee £150:  Close to end of tenancy we will contact both landlord and the tenant. If both parties agree then new documents will be prepared for signature.

Inventory between £100-£400 inc. VAT and increases depending on the number of bedrooms and whether the property is furnished/unfurnished. A full inventory report will be arranged at the start of the Tenancy Agreement. This includes photo filled booklet with descriptions of the property and furnishings. The copy will be passed onto Landlord and tenant after the new tenants have signed the document

Inspections £150: We carry out a periodic inspection at the property to make sure that it’s being cared for and helping any difficulties to be solved quickly. The property inspections are a great way of keeping communication open between landlords, tenants and ourselves.  

Check In £140: One of our team will meet the tenant at the property at the beginning of the tenancy to handover the keys, take the meter readings and provide tenant with any additional information regarding the property.

Check Out £140: is arranged at the end of the tenancy agreement with full inspection of the property. This includes a check-out inventory with any discrepancies noted, meter readings are taken and ensuring the property is cleaned to an acceptable standard. Once all the checks are completed and the Landlord is happy the deposit is released directly to the tenant.

Additional Charges:  

For specific requests such as waiting for deliveries, meeting contractor/engineer arranged by landlord or for neighbour disputes will be charged at £75 per hour.  

Attending court will be charged at £350 first hour thereafter £75

Gas Certificate £120

Electrical Certificate £175

Energy Performance certificate (EPC) £95

Floor Plan £90