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LANDLORDS

We understand that letting your property, especially for the first time, can be a worrying experience and with this in mind our most important consideration is providing you the Landlord with the best possible service and the right tenant for your property.

We never forget that the property is your most important asset and we can confidently assure you that by instructing us to act as your Letting and Management Agents your asset will be in professional and caring hands.


A Personal Service

We are a small firm, we are able to offer a personal service, with attention to detail, whilst at the same time maintaining a high standard of competence and professionalism.


Competitive Rates

Our fees are competitive and may be open to negotiation dependent on the level of Service required. We are particularly committed to investment Landlords and savings can be made on the smallest of portfolios.


Carefully Selected Tenants

Drawn from a continually updated register, once approved by you, all prospective Tenants are thoroughly referenced and credit checked. Subject to referencing a guarantor may be required.

Levels of Service offered

Let Only Fee

At the start of the new tenancy the LET ONLY fee is charged to the landlord for the following; marketing the property, referencing applicants, gathering paperwork to meet Her Majesty’s requirements, preparing contracts and additional paperwork in order to set up your rental agreement and move the tenant into the property. The scale below shows examples of our charges that are payable on completion of the agreement and the tenant moving into the property. Fees are deducted from the first month’s rent collected and the balance is then promptly paid to the landlord preferably by BACS.

Rent Achieved

Let Only Fee

Rent Achieved

Let Only

Fee

£700.00

£799.00

£700.00

£1,600.00

£1,699.00

£925.00

£800.00

£899.00

£725.00

£1,700.00

£1,799.00

£950.00

£900.00

£999.00

£750.00

£1,800.00

£1,899.00

£975.00

£1,000.00

£1,099.00

£775.00

£1,900.00

£1,999.00

£1,000.00

£1,100.00

£1,199.00

£800.00

£2,000.00

£2,099.00

£1,025.00

£1,200.00

£1,299.00

£825.00

£2,100.00

£2,199.00

£1,050.00

£1,300.00

£1,399.00

£850.00

£2,200.00

£2,299.00

£1,075.00

£1,400.00

£1,499.00

£875.00

£2,300.00

£3,399.00

£1,100.00

£1,500.00

£1,599.00

£900.00

£2,400.00

+

£1,125.00

 

Please click here for our Terms of Business

Landlord Full Management Fees; (all fees are including vat)

Set Up Fee; at the start of a new tenancy a setup fee is charged to the landlord for the following; marketing the property, referencing applicants, gathering paperwork to meet Her Majesty’s requirements, preparing contracts and additional paperwork in order to set up your rental agreement  and move the tenant into the property. The below shows examples of our charges that are payable on completion of the Agreement and the tenant moving into the property. Fees are deducted from the first month’s rent collected and the balance is then promptly paid to the landlord preferably by BACS.

Rent Achieved

Setup Fee

Rent Achieved

Setup Fee

£500.00

£549.00

£276.92

£1,250.00

£1,299.00

£692.31

£550.00

£599.00

£304.62

£1,300.00

£1,349.00

£720.00

£600.00

£649.00

£332.31

£1,350.00

£1,399.00

£747.69

£650.00

£699.00

£360.00

£1,400.00

£1,449.00

£775.38

£700.00

£749.00

£387.69

£1,450.00

£1,499.00

£803.08

£750.00

£799.00

£415.38

£1,500.00

£1,549.00

£830.77

£800.00

£849.00

£443.08

£1,550.00

£1,599.00

£858.46

£850.00

£899.00

£470.77

£1,600.00

£1,649.00

£886.15

£900.00

£949.00

£498.46

£1,650.00

£1,699.00

£913.85

£950.00

£999.00

£526.51

£1,700.00

£1,749.00

£941.54

£1,000.00

£1,049.00

£553.85

£1,750.00

£1,799.00

£969.23

£1,050.00

£1,099.00

£581.54

£1,800.00

£1,849.00

£996.92

£1,100.00

£1,149.00

£609.23

£1,850.00

£1,899.00

£1,024.62

£1,150.00

£1,199.00

£636.92

£1,900.00

£1,949.00

£1,052.31

£1,200.00

£1,249.00

£664.62

£1,950.00

£1,999.00

£1,080.00

 

Monthly Management Fees; The scale below shows examples of our charges for the management of the property, our management fees are deducted from the rent collected and the balance is then promptly paid to the landlord preferably by BACS.

Rent Achieved

Management Fee PCM

Rent Achieved

Management Fee PCM

£500.00

£549.00

£60.00

£1,250.00

£1,299.00

£150.00

£550.00

£599.00

£66.00

£1,300.00

£1,349.00

£156.00

£600.00

£649.00

£72.00

£1,350.00

£1,399.00

£162.00

£650.00

£699.00

£78.00

£1,400.00

£1,449.00

£168.00

£700.00

£749.00

£84.00

£1,450.00

£1,499.00

£174.00

£750.00

£799.00

£90.00

£1,500.00

£1,549.00

£180.00

£800.00

£849.00

£96.00

£1,550.00

£1,599.00

£186.00

£850.00

£899.00

£102.00

£1,600.00

£1,649.00

£192.00

£900.00

£949.00

£108.00

£1,650.00

£1,699.00

£198.00

£950.00

£999.00

£114.00

£1,700.00

£1,749.00

£204.00

£1,000.00

£1,049.00

£120.00

£1,750.00

£1,799.00

£210.00

£1,050.00

£1,099.00

£126.00

£1,800.00

£1,849.00

£216.00

£1,100.00

£1,149.00

£132.00

£1,850.00

£1,899.00

£222.00

£1,150.00

£1,199.00

£138.00

£1,900.00

£1,949.00

£228.00

£1,200.00

£1,249.00

£144.00

£1,950.00

£1,999.00

£234.00

 

Please click here for our Terms of Business

Additional Fees

A transfer from management to let only service at any point in time during a tenancy requires a two month notice to be given in writing. The fee required to exit the management service is charged at 2 ½ weeks of the rent including VAT. Please note that any rent protection policy held with us will expire upon completion of the transfer of management to let only.

Preparing to Rent (Let Only and New Rental Properties)

Where required a separate service can be provided to help prepare properties to Rent. Open to Let Only Landlords and managed landlords offering new properties to the rental market for the first time. An arrangement fee will be quoted prior to any work is instructed.

Rent Protection (Management Only)

Rent Protection and legal costs for gaining vacant possession. The warranty covers up to £2,500 rent per month, up to a maximum of £100,000 for any single claim. A quote can be provided upon request for rent protection.

Energy Performance Certificates (EPC)

We can arrange for an Energy performance certificate (EPC) to be carried out on your behalf, if you do not already have an Energy performance certificate (EPC) for the fee of £84.00 including vat. The property will need to have a rating of E or above to be let.

Re-Letting/End of Tenancy (Management Service)

At the end of the fixed term Tenancy Agreement, if the existing tenants wish to continue with a periodic tenancy there is no contract fee and we will continue to act as was. If you instruct us to issue a new fixed term Tenancy Agreement there is a fee of £75 including vat. Only If the tenant moves out and the property is re-let to new tenants will the setup fees apply.

End of Tenancy (Let Only)

At the end of the fixed term Tenancy Agreement, if the existing tenants wish to continue with a periodic tenancy there is no contract fee. If you instruct us to issue a new fixed term Tenancy Agreement there is a fee of £175.00 including vat.


Guide for Landlords

Before a property can be let, there are several matters which the owner will need to deal with to ensure that the tenancy runs smoothly, and also that he/she complies with the law. We provide summarised information below. If you require further advice or assistance with any matter, please do not hesitate to contact us. For further information and guidelines on letting out your property please find the most recent How to Let Guide produced by the Ministry of Housing, Communities and Local Government.

Preparing the Property

We have found that a good relationship with Tenants is the key to a smooth-running tenancy. As Property Managers this relationship is our job, but it is important that the Tenants should feel comfortable in their temporary home, and that they are receiving value for their money. It follows therefore that a well presented and maintained property in a good decorative order will go towards this, whilst also achieving a higher rental figure. Tenants are also more inclined to treat such a property with greater respect.

Electrical, gas plumbing, waste, central heating and hot water systems must be safe, sound and in good working order. Repairs and maintenance are at the Landlords expense unless misuse can be established. Interior decorations should be in good condition and preferably plain, light and neutral.

Your property can be let fully furnished, part furnished or unfurnished. Which of these is appropriate will depend on the type of property and local market conditions. We will be pleased to give you advice on whether to furnish or not and to what level. As a minimum you will need to provide decent quality carpets, curtains and light fittings. Remember that there will be wear and tear on the property and any items provided.

Personal possessions, ornaments, pictures, books etc. should be removed from the premises, especially those of real or sentimental value. Some items may be boxed, sealed and stored in the loft at the owner’s risk. All cupboards and shelf space should be left clear for the Tenant’s own use.

Gardens should be left neat, tidy and rubbish free, with any lawns cut. Tenants are required to maintain the gardens to a reasonable standard, provided they are left the necessary tools. However, few Tenants are experienced gardeners, and if you value your garden, or if it is particularly large, you may wish us to arrange visits by our regular gardener.

At the commencement of the tenancy the property must be in a thoroughly clean condition, and at the end of each tenancy it is the Tenants' responsibility to leave the property in a similar condition. Where they fail to do so, cleaning will be arranged at their expense.

It is helpful if you leave information for the Tenant, e.g. on operating the central heating and hot water system, washing machine and alarm system, and the day refuse is collected etc.

You should provide one set of keys for each Tenant. Where we will be managing we will arrange to have duplicates cut as required.

Other Considerations

If your property is mortgaged, you should obtain your mortgagee’s written consent to the letting. They may require additional clauses in the tenancy agreement of which you must inform us.

If you are a leaseholder, you should check the terms of your lease, and obtain any necessary written consent before letting.

You should ensure that you are suitably covered for letting under both your buildings and contents insurance. Failure to inform your insurers may invalidate your policies.

We recommend that you arrange for regular outgoings e.g. service charges, maintenance contracts etc. to be paid by standing order or direct debit.

When resident in the UK, it is entirely the Landlords responsibility to inform the Revenue & Customs of rental income received, and to pay any tax due. Where the Landlord is resident outside the UK during a tenancy, he will require an exemption certificate from the Revenue & Customs before he can receive rental balances without deduction of tax.

Most tenancies will automatically be Assured Shorthold Tenancies (ASTs), provided the rent is under £100,000 a year and the property is let to private individuals. Tenancies are usually granted for an initial fixed term of either 6 to 12 months. When the fixed term has expired the landlord is able to regain possession of the property provided he/she provides the correct, legally required notice to the tenant.

New rules on gaining possession via Section 21 apply to tenancies created on or after 1 October 2015. For more details please speak to one of our representatives.

Health and Safety, and other Legal Requirements

The following requirements are the responsibility of the owner (Landlord). Where we are your managing agent we will assist you with the relevant health and safety compliance, any costs of which will be the responsibility of the landlord.

Update: 25/09/2015. New regulations come into force on the 1st of October 2015. They introduce new obligations on landlords to provide specific information to their tenants, and restrictions on the use of the Section 21 Notice.
The Department of Communities and Local Government (DCLG) new regulations introduce new obligations on landlords to provide specific information to their tenants, and restrictions on the use of the section 21 Notice no fault possession procedure if they fail to do so.
The new regulations will only apply to new tenancies from 1st October 2015, and then to all tenancies from October 1st 2018.
From 01/10/2015 landlords will become responsible for giving tenants a booklet called "How to rent: the checklist for renting in England".
For more information please contact one of our representatives.

Annual safety check: Under the Gas Safety (Installation and Use) Regulations 1998 all gas appliances and flues in rented accommodation must be checked for safety at least every 12 months by a Gas Safe registered engineer. They must be maintained in a safe condition at all times, records kept for at least 2 years, and a copy of the safety certificate given to each new tenant before their tenancy commences.

There are several regulations relating to electrical installations, equipment and appliance safety, and these affect landlords and their agents in that they are 'supplying in the course of business'. They include the Electrical Equipment (Safety) Regulations 1994, the Plugs and Sockets Regulations 1994, the 2005 Building Regulation - 'Part P, and British Standard BS1363 relating to plugs and sockets. With tenanted properties it is now a legal requirement for an electrical test to be carried out and a “Satisfactory” Electrical Installation Condition Report provided to tenants at the commencement of their tenancy.

The regulations came into force on 1 st June 2020, they apply to new tenancies from 1 st July 2020 and existing tenancies from 1 st April 2021. The relevant date for determining when the new requirements apply is the date on which the tenancy is granted. A new tenancy is one that was granted on or after 1 st July 2020.

All properties built since June 1992 must have been fitted with mains powered smoke detector alarms from new. Although there is no legislation requiring smoke alarms to be fitted in other ordinary tenanted properties (except HMOs), it is generally considered that the common law 'duty of care' means that Landlords and their Agents could be liable should a fire cause injury or damage in a tenanted property where smoke alarms are not fitted. We therefore strongly recommend that the Landlord fit at least one alarm on each floor (in the hall and landing areas).

Update:
The Smoke and Carbon Monoxide Alarm (England) Regulations 2015 come into force on 1st October 2015. Landlords and managing agents may be liable to a £5000 fine if they fail to comply. The new legislation requires that all landlords must install a working smoke alarm on every floor of a property as well as carbon monoxide detectors in rooms where solid fuel appliances are present.
For more information please speak to one of our representatives.

If your property is on 2 or more levels and let to 5 or more tenants comprising 2 or more households (i.e. not all of the same family) it will be subject to mandatory licensing by your local authority. Whether mandatory licensing as above applies or not, if there are 3 or more tenants not all related in any property, it is still likely to be an HMO, and special Management rules will apply.

All deposits taken by landlords and letting agents under Assured Shorthold Tenancies (ASTs) in England and Wales must be protected by a tenancy deposit protection scheme. To avoid any disputes going to court, each scheme is supported by an alternative dispute resolution service (ADR). There are two types of scheme; a single custodial schemes and two insurance-based schemes.

Since 1st October 2008 landlords in England and Wales offering property for rent are required by law to provide prospective tenants with an Energy Performance Certificate for their property. In Scotland EPCs for rental properties have been required since January 2009. The certificates must be provided free either when (or before) any written information about the property is provided to prospective tenants or a viewing is conducted.An EPC is valid for 10 years and must have a rating of E or above in order to rent a property out. We can arrange an EPC inspection for our clients upon request.

The above is a brief summary of landlords' responsibilities and of the laws surrounding tenanted property. We hope that you find it useful. If there are any aspects of which you are unsure, please ask us. We look forward to being of assistance to you in the letting and management of your property. If you wish you can print this page by using your browser Print option.

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