introduction & property management letting agent

 

Our Services

1) Introductory Services

Our introductory charge is at a low rate from 50% of monthly rent, this service includes finding suitable tenants, drawing up a tenancy agreement, taking up references,  credit checks and landlord manages his/her own property. Support/advice to manage your own property is available when requested. 

 

2) Management services

Basic Management charge is 10% of rent only monthly.  initial letting fee £250

This service will include

finding suitable tenants, referencing/credit check,

tenancy agreement,

checking in and out of tenants,

collection of rent, monthly statement to landlord

inspection of property through-out the tenancy at regular basis to ensure that the tenant is maintaining the property, content and gardens to a high standard.

We will advertise your property widely on the internet and you may be aware that we have a long list of waiting tenants.

 

 

Video/Written inventory from £40 (you may wish to do this yourself with our help/advice)

 

 

Rent guarantee scheme available from www.homelet.co.uk at an additional cost

 

 

 

 

Rental tips

 

Landlords and Tenants are welcome to email us their rental tips to be shared with others. Please come back soon to view new rental tips.

Taxation of rental income: expenses which will normally be allowable expenses are:

• accountancy expenses for the rental business

• advertising costs of attracting new tenants

• cleaning

• costs of rent collection

• Council Tax while the property is vacant but available for letting

• gardening

• ground rent

• insurance on buildings and contents

• interest paid on loans to buy land or property

• interest paid on loans to build or improve premises

• legal and professional fees

• maintenance charges made by freeholders, or superior leaseholders, of leasehold property

• maintenance contracts (for example gas servicing)

• provision of services (for example gas, electricity, hot water)

• rates

• repairs which are not significant improvements to the property, including

  • mending broken windows, doors, furniture, cookers, lifts, etc.

  • painting and decorating

  • replacing roof slates, flashing and gutters

• water rates.

 What is an Assured Shorthold Tenancy?

An Assured shorthold tenancy is a kind of tenancy which offers the Landlord a guaranteed right to repossess his/her property at the end of the term (e.g. 6 months, a year). It is now the automatic or default form of tenancy for most residential tenancies. The Landlord has a right to get his/her property back at the end of the tenancy, although a court can allow a tenant to stay up to first six months if he or she refuses to leave. The Landlord and tenant can agree the rent but the tenant have the right in certain circumstances to refer the rent to the rent assessment committee.