SERVICES AND AGENCY FEES:

 

Letting Only Service

£275.00 per new tenancy

Payable at the commencement of the tenancy. A £50.00 charge is applicable for renewal of tenancy or extensions to the same tenant.  A charge of £25.00 is applicable if we protect the tenants’ deposit.

 

 Full Management Service

£200.00 per new tenancy

PLUS

10% of the gross rent for the period of the agreed tenancy term. Payable at the commencement of the tenancy/monthly from rental collect Minimum fee £45.00 per month. A charge of £25.00 is applicable if we protect the tenants’ deposit.

Renewal of tenancy or extensions to the same tenant – fees as above for the period of the extended term.

 

LETTING ONLY SERVICE (TENANT FINDER) 

• Prepare particulars of the property for Let immediately and circulate to prospective tenants and market/advertise as necessary.
• Apply for and obtain relevant personal and financial references in connection with each tenant party that will sign the tenancy agreement (except where instructed not to by the landlord)
• Prepare all necessary tenancy agreements and relevant agreement (except where instructed not to by the landlord)
• Advise the in-going tenant (s) of the procedure for registering with the appropriate services (where applicable) into the tenant’s name for supply during the tenancy period.
• Collect one month’s rent in advance, together with a deposit/bond in respect of dilapidations and for any non-performance of the tenant’s tenancy obligations. There is no interest payable on the rent or deposit/bond.
• Erect a “To Let” marketing board at the property and replace the same with a “Let By” marketing board when suitable tenants have been found for the property at the Agents discretion.

 

 FULL MANAGEMENT SERVICE

In addition to providing the services listed under our Letting Only Service above, we will also undertake the following:-

• Arrange for the property handover and check in of the new tenants.

• Make arrangements for the demand of the monthly rent due from the tenant(s) in respect of the property let. (The Agency will not act as a debt collector)
• Upon receipt of the rent paid by the said tenant(s), pay the same over to you to your nominated Bank/Building Society account as per any prearrangements made. There is no interest payable on this rent.
• Prepare monthly statements detailing payment received by the agent on behalf of the Landlord’s let property and to clearly state any deductions or fees made by the agency.
• Allowing time for banking, we will normally account to you within five working days from the rent receipt date.
• Arrange for the preparation of an Inventory of Fixtures and Fittings if required.
• Arrange and co-ordinate the tenant(s) occupation and vacation of the premises. (Check-in and Check-out of the tenant) (s) to be charged as appropriate – see additional fees)
• We will by pre-arrangement, provide property visits whilst the tenant(s) are in occupation.

Arrange for appropriate tradesmen to effect necessary repairs and decoration to a maximum cost of £200.00 for repairs. In excess of this amount, we will obtain your approval first except in cases of emergency unless otherwise advised by you.

 

Sale of the property – Should at any time after the commencement of the tenancy unconditional contracts for the sale of the Landlord’s property are exchanged with the tenant or any associated part, the Agency will be entitled to a commission of 1% of the sale price, including fixtures and fittings.