Guidance on property management

Property management

Here you will find all of our pricing and details for our property management services.

Our Fees

We offer a competitive fee structure and can offer reductions on our standard charges for multiple property portfolios. Our standard charges are as follows:

  • Tenant Find Fee £499.00
  • Fully Managed Commission: 8% of the gross monthly rental*

*subject to an initial £499.00 set up fee

For more information on our lettings packages, please feel free to contact us.

This is our inclusive Service, which provides for the marketing of the property and carrying out viewings, leading to the introduction and vetting of a prospective Tenant. This proving satisfactory, we then go ahead and prepare the tenancy agreement, and if required an inventory. The Tenant will then be checked in against the inventory.

During the tenancy we carry out periodic inspection visits. Should these bring to light any maintenance issues, we will (within the confines of our Management Agreement) arrange or recommend any necessary repairs.

Collecting and processing of rental payments is also an important part of our Full Management Service. Rental balances will be credited automatically to the Landlord’s nominated bank account.

Towards the end of the tenancy, we liaise with the Tenant, with a view to renewing the tenancy agreement, or arranging to check them out and re-advertising the property to let.

This Service is suitable for Landlords who are not residing locally, or would rather not deal with the Tenants directly, preferring all aspects to be handled by an Agent.

Our Tenant Find Service includes marketing of the property and carrying out viewings, leading to the introduction and vetting of a prospective Tenant. This proving satisfactory, we then go ahead and prepare the tenancy agreement, and if required an inventory.

Following this, the first month’s rent and usually a tenancy deposit is collected and credited to the Landlord less our agreed fee. Managing the tenancy, including the maintenance and rent collection, will then be the responsibility of the Landlord.

FAQs about property management

What are the benefits of hiring a property management company?

Hiring a property management company has several benefits; they can efficiently handle tenant screenings and lease agreements, they have efficient and effective strategies for attracting quality tenants, timely rent collection, enable regular property inspections, assist with legal compliance and disputes, save time and stress.

What should I look for when choosing a property management company?

When selecting a property management company, consider factors such as their experience, reputation, services offered, fee structure, tenant retention rates, communication practices and knowledge of the local rental market. Ask for references before making a decision.

How can property management companies help maximise rental income?

Property management companies can help maximise rental income by setting competitive rates based on market analysis, implementing effective marketing strategies to attract quality tenants, minimise vacancy periods and enforcing timely rent collections.

Lettings

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Construction

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