CONDITIONS OF LETTING

FEES - FULLY MANAGED

For the distant landlord or those not wishing to become involved in their property management, we offer a full management service, which includes:

• Advise of the achievable monthly rental
• Preparing colour details and adding to our property availability list
• Advertise on the internet
• Advertise in local and /or appropriate newspapers.
• Advertise in our window display
• Find suitable tenants to match your criteria
• Take up full references with a recognised reference agency – this includes over 25 different checks
• A six-month rent guarantee – this can be increased to a 12-month policy at an additional cost.
• Draw up Shorthold Tenancy Agreement
• Advise utilities of change of occupancy.
• Arrange and action the moving in of your tenant.
• Preparation of inventory and schedule of condition
• Collection of rent. Payment direct to you or into appropriate bank account less any fees or expenses incurred relating to that period.
• A monthly statement issued showing rents collected and invoices paid on your behalf.
• Regular inspections and reports to ensure your property is in good condition and your criteria are being adhered to.
• 24/7 call out to deal with any repairs and problems that may occur from time to time.

For the above services we charge: 25% +VAT of first months rent.

Monthly management fee: 12 ½ % + VAT of the monthly rents collected thereafter.

Contract renewal for existing tenants if required. £50.00 + VAT

Landlords having multiple properties registered with U Seek Property will receive discounted rates.

A separate charge will be made, in the unlikely event of court attendance in connection with rent arrears or re-possession of the property.