Services for Landlords in West Bridgford

We will be pleased to call to advise you on the market rent for your property. 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 your accountants and/or the Inland Revenue.

We collect a deposit from the tenant to safeguard against damage, which will be lodged in a government approved custodial scheme. We also create highly detailed inventories of your property; so that it can be proved exactly what condition it was in when the tenant took residence. At the end of the tenancy we will inspect the property and the costs of any work attributed to the tenant may be deducted from the deposit, following agreement by all parties. In the event of a dispute we will assist in the presentation of the evidence to end any dispute swiftly and fairly.

We use some of the most detailed referencing procedures in the industry, looking far beyond someone’s credit score as we understand that this can only provide part of the story. This helps us to ensure that you are getting the right tenant for you – saving you time and money in the future. We then present all that information to you for a final approval, ensuring that you remain in control.

Belvoir ensures that our tenancy agreements and other key documents are rigorously checked for compliance with any changes in legislation, meaning that you can rest assured that you have the maximum protection available. These can be tailored to your individual circumstances, and will run for a minimum of 6 months initially. After that point, subject to your wishes, the tenancy can either roll onto a month-to-month basis, or further fixed periods by agreement of all parties.

The payment of water rates, council tax, gas, electricity and telephone bills are generally the responsibility of the tenants during their period of occupancy.

You are responsible for all repairs to the property with the exception of window glass or other breakage’s caused by the tenants. We can offer the services of trusted tradespeople for these repairs, or we can use ones nominated by you. Either way, we will arrange everything necessary after agreeing the works with you.

From the total rent received in a tax year you can normally deduct, for tax purposes, the following:

• Our charges and management fees.
• Fair wear and tear & repair costs.
• 10% of rent for depreciation, (if furnished or part furnished).
• Interest paid to the Mortgage provider.
• Insurance premiums related to the property.

You then pay tax on the remainder of the rent. If you would like a more comprehensive tax service we can arrange this for you.

We have a partnership with Let Alliance who can provide comprehensive & competitive rent and legal protection insurance, house building insurance and home contents insurance.