Initial payment of the deposit and first months’ rent taken
Utility switch over
Registration of the tenants’ deposit
Rent collection and monthly statements sent out
Rent arrears handling
Periodic property inspections, every 4 months, which we will hold keys for
Advice on refurbishment
Maintenance handling
Annual renewal of gas safety certificate
Warnings sent to tenants in breach of their contracts
Advise on property repossessions
Rent increases
Notice for repossession
Final inspections, of which meter reads are taken
Return of the tenants’ deposit at the end of the tenancy
Re-letting process, which usually includes a rent increase
Costs
Tenancy Set Up: £240.00 (inclusive of VAT) charged when each tenancy commences (this includes end of tenancy Dispute Management)
Management: 12% (inclusive of VAT) will be applied to all rent collected.
An annual charge of £180.00 (Inclusive of VAT) will be applied for the management of licensed & non-licensed HMO’s let as Rooms.
Management of Services: £36.00 per month (inclusive of VAT) will be charged for the collection of services from tenants; remittance to energy suppliers, water supplier, council tax, broadband supply, communal cleaning and gardening. Monies will be collected from the services account on a monthly basis.