Landlords
Whether you are thinking of moving out of your own home or purchasing
a second property, letting can be a very attractive option.
- it will keep you on the property ladder
- it is a superb long term investment, beating the stock market!
- Someone else could be paying your mortgage for you!
- in many cases your income will not be taxed
Tenants
We will find a suitable tenant for your property and take up references
and/or credit checks. In the case of students where credit checks may
not be possible, we ask for a guarantor.
Rent
We will be pleased to visit the property and provide a market appraisal
and when required a open market valuation. Rents are payable by the tenant
monthly to our client account. You will be paid direct from our account.
Deposit
We collect a deposit from the tenant to safeguard against damage (usually
1 months rent). At the end of the tenancy we will inspect the property
and the costs of any damage attributed to the tenant will be deducted
from the deposit.
Agreement
We will prepare a Assured Shorthold Tenancy Agreement under current
legislation. Which unless requested by yourself will be for a period of
not less than 6 months. This gives you the flexibility to re-occupy the
house after giving the tenant two month's notice to quit. Similarly the
tenant may terminate after the initial period by giving one month's notice.
Rates and Services
The payment of water rates, council tax, gas, electricity and telephone
bills are generally the responsibility of the tenants.
Repairs
You are responsible for all repairs to the property with the exception
of window glass or other breakages caused by the tenants. Small repairs
can be carried out by our contractors, or ones nominated by you, and their
charges deducted from your account. We will always ask for instructions
before commencing any large scale repairs.
Insurance
It is highly recommended to have buildings and contents insurance on
your property. We can provide information and help on rent and legal protection
insurance, house building insurance and home contents insurance. We are
also able to offer a rent guarantee scheme, should you need the knowledge
that your rent will arrive on time.
Students
We have particular expertise in the needs of Students. Although, generally,
there is more wear and tear when dealing with studemts, the financial
rewards are also increased. A number of our branches are located close
to Universities.
Investment & Financial Advise
We are able to offer through our Financial Advisor Service a full range
of information on such matters as tax planning, pensions, mortgage advice,
buy-to-let investments, Sipps & other investment vehicles. Please
email us for a full range of services available.
Fees
Our fees for managing the property are some of the most competitive to
be found. For these fees we will:
- Find you a suitable tenant
- Take up references and/or credit check
- Draw up a tenancy agreement
- Take a Statement of Condition
- Collect the rent and account to you monthly
- Make regular inspections of the property and advise you all is in
order
- Advise on any repairs that are necessary
- Give advice regularly on how to optimise you rent and capital value.
We also provide a tenant finding only service where full management is
not required and a ‘Let & Collect’ service. Full details
of fees and services are provided in our Terms of Business.