We pride ourselves in giving a personal and professional service to all of our landlords whether you own one property or a portfolio.
We provide either a Let Only Service or a Fully managed service. However, we can tailor a specific service to meet your requirements. Our fees are transparent and simple.
Valuation – If you are considering letting out your property, the first step would be for us to come out and complete a FREE No Obligation Market Valuation. Using market comparables and combined with our knowledge of the Cheltenham area, we would be able to give you an achievable rental figure.
Rent – Rents are payable by the tenant monthly to our client account. You will be paid direct from this account and we will prepare, at regular intervals, an income and expenditure account which you can send to the Inland Revenue.
Deposit – We collect a deposit from the tenant to safeguard against damage. At the end of the tenancy, we will inspect the property and the costs of any work attributed to the tenant will be deducted from the deposit.
Tenant – We will find a suitable tenant for your property and take up references and credit checks.
Agreement – We will prepare a legal agreement under current legislation to suit your particular circumstances. In general, this will be for a period of not less than 6 months and then renewable on a month to month basis. This gives you the flexibility to re-occupy the house after giving the tenant two months’ 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 – As a Landlord, you are responsible for 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.
Call us today for a FREE NO OBLIGATION valuation of your property!
Let Only Service
We will:
Fees Applicable: One month’s rent (plus VAT) – Minimum fee £750 inclusive of VAT.
Letting and Rent Collection
All of the above plus;
Fees Applicable: Start-up fee of £385 Plus Vat (£462 inclusive of VAT) plus 11% (13.2 % inclusive of VAT) of the rent, deducted from the rent as received.
Full Management
All of the above plus;
At the end of the tenancy we will:
Fees Applicable: Start-up fee of £385 Plus VAT (£462 inclusive of VAT) plus 13 % (15.6 % inclusive of VAT) of the rent, deducted from the rent as received.
Other Charges
Inventory preparation fee: Dependant on Property (included within Full Management)
Inspection:(Inclusive with our Full Management and Plus service) £70 (inclusive of VAT).
Administration involved in the Tenancy Deposit Protection legislation: £60 (inclusive of VAT) – included in Full Management
Preparation of paperwork for Alternative Dispute Resolution: £60 (inclusive of VAT)
Insurance claim handling fee: 12% inclusive VAT of cost of works before VAT (applies to claims over £500)
Re-signing fee: £150 (inclusive of VAT) payable where The Agent, at your request, arranges a renewal of tenancy to an existing tenant
Void management fee: £60 (inclusive of VAT) per week payable four weekly in advance of requirement.
Post Letting Service(Inclusive with our Full Management )
Tenant move out: £150 (inclusive of VAT)
All prices subject to change after two months’ written notice.
Cancellation
Where Full Management service is cancelled during the tenancy (including any extensions) a fee of £300.00 plus VAT (£360.00 incl VAT) will be payable. Two months’ notice of cancellation required. Where a Let Only service is cancelled when we have found a ready, willing and able tenant to move in, a cancellation fee of £150 (inclusive of VAT) is payable. All prices subject to change after two months’ notice.
