LETTINGS & MANAGEMENT FEES FOR LANDLORDS
Standard Management Service:
(Items 1 to 11 below) The Personal Agent Lettings & Management provides a property management service to owners wishing to let out their property. The standard fee for the management is taken as a percentage of the gross rents due for the period of the tenancy.
Standard Management Fee 15% of rent due inclusive of vat (subject to a Minimum Fee of £2000)
Example: If the monthly rent was £1000.00, you would pay a fee of £150.00 per month inclusive of VAT.
1: Advertise and market your property
2: Arrange accompanied viewings
3: Obtain references through a professional referencing agency
4: Ensure Landlords comply with current legislation
5: Collect the first month’s rent and security deposit
6: Professional photography of your property
7: Collect the rent on behalf of the Landlord
8: Provide monthly statements showing receipts and outgoings
9: Arranging for maintenance and repair work as required and charged at cost. Should major works or refurbishments be required where estimates and supervision of works are required, a prearranged charge of the total cost of the work will be payable.
10: Arrange periodic inspections during the tenancy.
11: Arranging for the check out at the end of the tenancy and instructing contractors regarding work necessary in accordance with the checkout report to prepare the property for a new tenancy.