Landlords Rent Collection Service

The Cost

£300 inc. VAT

Initial Letting Fee

7% inc. VAT

Monthly Management Fee

£240 inc. VAT

Re-Letting Fee

Our rent collection service allows a landlord to be more 'hands on' with their letting but still have the support of a letting agent when it comes to the finance side of things.

Periodic Inspections

We suggest that you carry out your own inspections every 3 or so months in order to check whether the tenant(s) are fulfilling their obligations as per their tenancy agreement.

Required Annual Checks

We will remind you when annual checks are due to expire such as the Gas Safe inspection. We recommend that the electrics are checked every 5 years whilst Energy Performance Certificates last 10 years.

Collection of Rent

When we collect the rent the tenant pays their rent directly to us either by standing order, cash or cheque. Our monthly fee is taken from this rent and the balance is forwarded to you by bank transfer or cheque. Should the tenant be late with their rent we will actively chase and if required serve the correct notice(s) to end the tenancy. We can offer rent insurance at an additional cost should you require it however in our opinion it is rarely needed and most situations can be dealt with by simply speaking to the tenant.

Rent Reviews

We will carry out periodic rent reviews of your property and inform you whether we believe the rent should be increased. Some landlords choose to not increase the rent and prefer to keep tenants happy where as other landlords like to increase the rent amount in relation to inflation and market performance.