Letting Only
Our Letting Only Services include marketing the property and carrying out viewings, leading to the introduction and vetting of a prospective Contract Holder. This proving satisfactory, we then go ahead and prepare the Standard Contract and an inventory.
Following this, the first month’s rent and a deposit is collected and credited to the Landlord less our agreed fee. Managing the Contract, including the maintenance and rent collection, will then be the responsibility of the Landlord.
Full Management
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 Contract Holder. This proving satisfactory, we then go ahead and prepare the Standard Contract, and an inventory. The Contract Holder will then be checked in against the inventory.
During the contract 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 Standard Contract, we liaise with the Contract Holder, with a view to renewing the Standard Contract, 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 Contract Holders directly, preferring all aspects to be handled by an Agent.
PLEASE NOTE ALL LANDLORDS NEED TO BE REGISTERED WITH RENT SMART WALES
AND ALL RENTAL PROPERTIES NEED TO COMPLY WITH THE RENTING HOMES WALES ACT (2016)
Our Fees
We have very competitive rates. For fully managed properties our fees are 50% + VAT of the first month’s rent and then a monthly management agreement of 10%+VAT.
For example on a rental property of £650.00 PCM first month rent £325.00 +VAT (£390 including VAT) £65.00 + VAT (£78.00 including VAT) of the monthly rental income.
Letting Only Service only is £300.00 + VAT (£360.00 including VAT)
You can find a comprehensive list of our fees here.
Please telephone or email us to discuss your requirements on 01443 806000 and email info@lettingsouthwales.com
