Property Project Management

Full Management Service

10% per month

This service is designed for the Landlord who wishes a complete and professional service and who wishes to have a minimal involvement in the management of the property unless otherwise agreed.
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Description

Key Facts:

  • Fee: 10% + VAT.
  • Advertising costs / marketing fee of £210 (£175+VAT), the advertising costs being collected in advance. For HMO properties the marketing fee of £210 covers the first two tenants and two guarantors. Each additional tenant and / or guarantor in HMO properties will generate an additional fee of £19 (VAT inclusive) per person.
  • Marketing: to let board and Zoopla, Lettingweb, OnTheMarket, RightMove, ELC website.
  • Referencing, inventory, inspections and lease preparation included.

 

What do we do:

  • Advising on all aspects of renting and a rental valuation.
  • Full property rental report (optional service at an extra cost).
  • Marketing the property via our own exclusive website and broader advertising (Zoopla, Lettingweb, OnTheMarket, RightMove).
  • Interviewing prospective tenants and conducting accompanied viewings of the property.
  • Comprehensive independent reference checks on all prospective tenants.
    Providing detailed inventory and schedule of condition, including photographs.
  • Prepare full tenancy agreement, signing and serving the appropriate notices.
  • Collecting security deposit, equivalent to one month’s rent, held with Safe Deposit Scotland during the period of the tenancy.
  • Collecting month rental payments in advance, forwarding this to the Landlord after deduction of our fees.
  • Detailed accounts will be forward to the Landlord at the end of each financial year.
  • Ensure the utility accounts and council tax are transferred into the Tenants own name.
  • 3/6 monthly inspection of the property.
  • Liaise with Landlord and Tenant over any necessary repairs to the property
  • Instruct repairs to the property in absence of the Landlord up to a value of £200.
  • Instruct emergency repairs to the property in the absence of the Landlord.
  • Arrange final inspection of the property and refund of tenants’ deposit only after agreement with the
  • Landlord that the property has been returned in good condition. Any dilapidations or damage incurred will be deducted from the deposit before it is returned to the Tenant.
  • Ensure the utility accounts and council tax accounts are transferred back to the Landlord and the companies have the
    tenants forwarding address.
  • Advise on any legal safety compliance issues and landlord registration.

 

Monthly Fee

10% + VAT of the monthly rental figure. £25.00 + VAT annual fee for any Overseas Landlords.

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