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FULL MANAGEMENT SERVICE
The following information and terms of business applies if you are a Landlord intending to instruct us to fully manage your property.
Our full management service is designed to allow you to assign us with the day to day running and administration of your property, alleviating you from some of the time consuming, yet critical responsibilities involved.
From monthly rental collection to emergency call-outs, we undertake to provide you and your tenants with a fully comprehensive service, encompassing all areas of the tenancy.
As part of this service we shall:
Market your property using a wide range of effective marketing channels
Accompany all prospective tenants to viewings of your property
Carry out and secure full referencing of your tenants
Complete a full "check-in" procedure with the tenant(s), including signing of the tenancy agreement and property inventory check
Transfer all utilities to the tenant (including taking meter readings)
Collect rent monthly by Standing Order
Provide you with a monthly statement of income / expenditure
Carry out quarterly inspections of your property
Pay monthly rent directly into your Bank Account
Arrange and carry out minor (or emergency) repairs brought to our attention, up to a specified value agreed individually with you
Hold a six week dilapidation deposit on your behalf
Carry out a full "check-out" procedure, including a dilapidation inspection
Our standard charge for this service is 12% of the agreed monthly rental (+vat) for the term of the tenancy and any continuation thereof. This charge is payable monthly and is deducted automatically from your rental income.
Please note that any management company charges or ground rents remain the responsibility of the Landlord.
If at any time after the commencement of the tenancy the property is sold to the tenant we shall be entitled to a commission of 1.5% of the sale price.
Any legal fees incurred during the course of a tenancy will be the responsibility of the Landlord.
This service is subject to a 3-month notice period by either party to end the agreement.
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