We understand how important it is for a Landlord to find the right Tenant for their investment. That is why, with our wealth of experience, we endeavour to guide you through the benefits, whilst avoiding the potential pitfalls in letting your property.
Our small dedicated team within the rental department provide a friendly, reliable and professional service to both Landlords and Tenants.
Please contact our Rental Department (01670 513533 - Option 2) for our Landlord’s Guide to Letting in the private rental sector, which we hope will advise and guide you through the benefits of letting your property through our agency.
RESIDENTIAL MANAGEMENT SERVICES:
|
Service |
Tenant Find Only |
Full Management |
|
Marketing the Property |
X |
X |
|
Accompanied Viewings (if applicable) |
X |
X |
|
Tenant Referencing |
X |
X |
|
Collection of first month’s rent and security deposit |
X |
X |
|
Preparation and signing of Tenancy Agreement |
X |
X |
|
Preparation of Inventory & Schedule of Condition |
X |
X |
|
Deposit Registration and Administration |
X |
X |
|
Rent Collection including chasing arrears if necessary |
|
X |
|
Rent Statements showing income and expenditure |
|
X |
|
Preparation and sending of Legal Notices |
|
X |
|
Regular Property Inspections (three monthly) |
|
X |
|
Organising property repairs and maintenance |
|
X |
|
Final Inspection/check out |
X |
X |
For further information on our Management Services please enquire.
LANDLORD FEES:
TENANT FIND ONLY:
One month’s rent including VAT (100%)
FULL MANAGEMENT:
1/2 month’s rent plus VAT (for example; £250.00 plus VAT = £300.00) and then 15% plus VAT (18%) of the gross rent collected. Fees are collected from rent received
TENANCY RENEWAL FEE:
£60.00 including VAT
PERMITTED FEES FOR TENANTS:
In order for the Landlord to agree to process your application and to suspend advertising the subject property as being available, the proposed Tenant will be required to pay a Holding Deposit equating to one weeks rent.
A deadline for agreement will be agreed and the proposed Tenant will be required to enter into a legally binding conditional contract to create a specific future date.
Should the proposed Tenancy not proceed due to no fault of the Tenant, for example, the Landlord withdraws from the agreement, then the Holding Deposit will be refunded in full to the Tenant.
Should the Prospective Tenant:
Then they will be liable for the reasonable costs incurred by the Landlord and his Agent up to the value of the Holding Deposit.
The following costs will be deducted from the Holding Deposit. Any surplus of the Holding Deposit will be returned to the Prospective Tenant, without interest, as soon as possible. A refund to any one of the joint and several Prospective Tenants will be considered adequate as a total refund to all concerned. The costs that may be deducted from the Holding Deposit can include, but are not limited to, the following:
Should a proposed Tenant be uncertain regarding any of the above terms, they should seek legal advice before entering into an agreement.
CLIENT MONEY PROTECTION:
Rickard 1936 Ltd (trading as Rickard Chartered Surveyors) are members of a Client Money Protection Scheme (RICS) – details of which can be provided upon request. Please contact our Rental Department on (01670) 513533 – option 2, should you have queries.
SECURITY DEPOSIT:
Where a landlord has requested that a deposit be taken, in accordance with the Housing Act 2004 Tenancy Deposit Protection Law (implemented 6 April 2007), security deposits paid by Tenants must be protected by a Tenancy Deposit Protection Scheme. As such, we advise that Rickard Chartered Surveyors are a member of the Tenancy Deposit Scheme administered by The Deposit Protection Service. Further details regarding their code of practice, terms and conditions can be obtained by telephoning The Deposit Protection
Service on 0330 303 0030 or accessing their website at www.depositprotection.com