Landlord
services
Student Properties - Letting
& Management Services
Dear Landlords
Have you ever experienced
situations such as:-
- One or more rooms have been left vacant for a period of
time
- Tenants moving out during the middle of the term
- Rent arrears
- Tenants mess up your property
- Tenants breach their oral or written contracts
- Problems between tenants in multiple letting
arrangements
Also:
- Do you live quite far away from your letting property?
- Do you feel inconvenient when your tenants ring you at anytime for the
daily maintenance or minor problems, leaving you with no private
time?
- Do you feel a bit hesitant at the prospect of dealing with
tenants?
- And many many more ..........
We will take over most of your
awkward responsibilities.
To bring you complete peace of mind as investors in residential investment
properties, our company provides 2 types of Letting & Management services,
in assisting you receiving good investment yield without the usual hassle of
residential lettings.
A. Introduction of Tenant Service
(Service A)
Service Includes:
Upon instruction we
will take specifications (possibly with photos) of the property which you want
to let and advertise it in our office and if necessary on the window of your
property.
The prospective tenants will contact us; we will show them the
property and negotiate the terms and conditions of letting.
Once the
tenants agree to the terms and conditions of the tenancy, we will then introduce
the tenants to the landlord.
Service Charge for
Service A
1) A one-off property registration fee at
£35.25 (incl VAT) will be charged in order to advertise the property in our
advertising board for the period of three months.
2) Upon finding a tenant, we
would deduct two week's rent as our commission.
NB. This is a basic
tenant introduction service; clients would have to provide their own version of
tenancy agreements and inventory. Hence we are not in a position to advise the
legality of the agreement.
B. Full Management Service (Service
B)
Service includes:
We would carry out credit
reference on all applicants where applicable. If student tenants we would verify
their full-time student status.
We would prepare the Assured
Shorthold Tenancy agreement for the property. We would act as your agent,
dealing with the tenants and day-to-day administrations of the property.
We would provide after hours
emergency service to the tenants.
Collection of rent in
accordance with the terms of the Assured Shorthold Tenancy and forward rental
money to you by method of your choice.
Prepare and submit a regular
statement of account to you.
Regular inspections of the
properties at least once a term
Deal with any property maintenance,
repairs, servicing of appliances. We would obtain estimates and submit them for
your approval prior to any work being carried out. However, in emergencies or we
could not contact you, we might act to protect your interest without
consultation.
Arrange
building/content insurance (multiple-let scheme available) for you if you
wish.
Claim exemption of
Council Tax on your behalf.
Arrange payment for water,
electricity, gas and telephone bills.
Prior to tenants vacating the
property, we would carry out house inspection with the tenants where
appropriate, account for any damages to the property that tenants are liable to
make good.
These services will save you time and all the hard work
involved in dealing with tenants. You can have less disturbances and a more
peaceful private life!
Service Charge for Service
B:
Our fee for the Full Management Service is 10% of
your gross rental income (8% for the first year) plus one-off property
registration fees at £35.25 (incl VAT)
*A bonus! During summer
vacations, should your property be vacant we will still carry out routine
inspection to the property without any extra charge.