
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.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.