Landlord Fees

SUMMARY OF BELVOIR SERVICES

 

Full Management

 

To market your property we will:

 

Ensure we note full details of your wishes with respect to the letting Apply to your Lender for permission to let, if applicable Provide you with advice and assistance on protecting your property and rental income Search our database to find a tenant match Place your property details on our national website and appropriate portal sites, all of which we will monitor and update daily Effect appropriate advertising of your property through local newspaper media, by board erection, from our business premises and through direct mailing to local businesses Conduct accompanied tenant viewings at your property, giving you full feedback on each occasion On finding a potentially suitable tenant we will carry out credit and status checks Keep you advised of progress throughout all processes

                          

If a tenant matches the property and passes our checks we will:

 

Gain your approval of the tenant and official consent to proceed Carry out a full statement of condition at the property, as appropriate Issue all the required advance legal notices Draw up and agree with you the Tenancy Agreement and Condition Check the property is ready for occupation Arrange buildings and contents and/or rent and legal insurance cover as requested Collect all advance monies from the tenant Move in the tenant Inform all the utilities of the change of occupant, together with meter readings Account for and hold in our designated and fully bonded client account the required dilapidation deposit Forward your monies by direct electronic transfer to your nominated bank account without delay, providing you with a statement of account and copies of all relevant documentation

 

Our ongoing full management of the property will then consist of:

 

Arrangement of rent guarantee and legal protection insurance, if appropriate Monitoring and collection of all ongoing monthly rental income Payment of all due monies received to your nominated bank account by direct transfer and issue of a monthly statement Carrying out regular inspections of your property and issue to you of a full follow-up report Ensuring maintenance problems are dealt with swiftly and as per your instructions, using reputable tradesmen Payment for all repairs and liabilities up to authorised limits direct form monthly rental income

 

At the end of the tenancy we will:

 

Issue the advance legal notices as required Advise the tenant of the required Move Out procedures Carry out the ‘Move Out’ with the tenant Check the property against the inventory/statement of condition and

            Inform you of any dilapidations

Repay the held deposit or deduct for any necessary dilapidation charges Take all meter readings and inform the utility providers as necessary Hand over the property to you or seek a new tenant as instructed

 

Charges consist of a set up fee and a monthly management fee

 

There is an initial start up fee at the commencement of each tenancy to a new tenant

 

Tenancy Start Up Fee:   £150 (plus VAT)

 

There is an ongoing management fee which is a percentage calculation of each monthly rent throughout the period of tenancy

 

Management Fee:  10% (plus VAT) of the gross monthly rent

 

No fees are payable until we find a suitable tenant.  Fees will, wherever

possible, be deducted from rental income received.

 

 

 

 

Tenant Find and Rent Collection:

 

To market your property we will:

 

Ensure we note full details of your wishes with respect to the letting Apply to your Lender for permission to let, if applicable Provide you with advice and assistance on protecting your property and rental income Search our database to find a tenant match Place your property details on our national website and appropriate portal sites, all of which we will monitor and update daily Effect appropriate advertising of your property through local newspaper media, by board erection, from our business premises and through direct mailing to local businesses Conduct accompanied tenant viewings at your property, giving you full feedback on each occasion On finding a potentially suitable tenant we will carry out credit and status checks Keep you advised of progress throughout all processes

                          

If a tenant matches the property and passes our checks we will:

 

Gain your approval of the tenant and official consent to proceed Carry out a full statement of condition at the property, as appropriate Issue all the required advance legal notices Draw up and agree with you the Tenancy Agreement and Condition Check the property is ready for occupation Arrange buildings and contents and/or rent and legal insurance cover as requested Collect all advance monies from the tenant Move in the tenant Inform all the utilities of the change of occupant, together with meter readings Account for and hold in our designated and fully bonded client account the required dilapidation deposit Forward your monies by direct electronic transfer to your nominated bank account without delay, providing you with a statement of account and copies of all relevant documentation

 

Our ongoing rent collection for the property will then consist of:

 

Arrangement of rent guarantee and legal protection insurance, if appropriate Monitoring and collection of all ongoing monthly rental income Payment of all due monies received to your nominated bank account by direct transfer and issue of a monthly statement

 

 

Charges consist of a set up fee and a monthly rent collection fee

 

There is an initial start up fee at the commencement of each tenancy to a new tenant

 

Tenancy Start Up Fee:   £150 (plus VAT)

 

There is an ongoing rent collection fee which is a percentage calculation of each monthly rent throughout the period of tenancy

 

Rent Collection Fee:      8 % (plus VAT) of the gross monthly rent

 

No fees are payable until we find a suitable tenant.  Fees will, wherever

possible, be deducted from rental income received.

 

Tenant Find Only:

 

To market your property we will:

 

Ensure we note full details of your wishes with respect to the letting Apply to your Lender for permission to let, if applicable Provide you with advice and assistance on protecting your property Search our database to find a tenant match Place your property details on our national website and appropriate portal sites, all of which we will monitor and update daily Effect appropriate advertising of your property through local newspaper media, from our business premises and through direct mailing to local businesses Conduct accompanied tenant viewings at your property, giving you full feedback on each occasion On finding a potentially suitable tenant we will carry out credit and status checks We will keep you advised of progress throughout all processes

                          

If a tenant matches the property and passes our checks we will:

 

Seek your authority to proceed to offer the tenancy to the applicant Carry out a full statement of condition at the property, if requested Issue all the required advance legal notices Draw up and agree with you the Tenancy Agreement and Condition Ensure the property is ready for occupation Arrange buildings and contents insurance cover as requested Collect all advance monies from the tenant Receive a completed standing order form from the tenant for future payments to your nominated bank account, if appropriate Move in the tenant Inform all the utilities of the change of occupant, together with meter readings Account for and hold in our designated and fully bonded client account the required dilapidation deposit Forward the balance of rental monies to you, having deducted our fees/charges as agreed, together with copies of all relevant documentation

 

We have a single fee of £250 (plus VAT). No fees are payable until we find a suitable tenant.  Fees will then be deducted, wherever possible, from the first month’s rent.

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