This package is sometimes called "Part managed" by some letting agents. It’s where we find you a new tenant and then continue just collecting the rent each month with no other involvement.
What we do
We'll provide you with a free, no obligation valuation. We'll advertise the property across all the main property websites. We'll arrange viewings, accompany viewings and give feedback. We'll carry out credit checks, employment and previous/current landlord references. We'll arrange to meet your new tenants at the property and we'll sign the tenancy agreement, conduct the video inventory and take meter readings. We can arrange a Landlord's Gas Safety Certificate if you need one. We'll protect the tenant's deposit and pay you the first month's rent, less our fees, the same day your new tenants move in. We'll send you a rental statement either by first class post or by E-mail to your nominated E-mail address.
If there are any maintenance issues, your tenant will call you direct and we'll have no involvement. We won't do any regular property inspections either but we do recommend that you carry out an inspection at least once every three or six months.
What it costs
There is an initial one-off set-up cost of 50% of the first month's rent, plus VAT (and a minimum charge of £320 plus VAT or £384 including VAT). This covers the duration of the relationship with us.
Thereafter, we charge 7% of the monthly rental amount, plus VAT.
If your tenant wishes to renew the tenancy agreement at the end of their initial tenancy, we charge £34 plus VAT (£40.80 including VAT) to arrange either a new six or twelve month tenancy agreement.
If your tenant wishes to leave and you'd like us to re-find you a new tenant, we charge 40% of the first month's rent, plus VAT (and a minimum charge of £250 plus VAT or £300 including VAT).
What you'll need
If it's the first time you've let your property, you'll need an Energy Performance Certificate (EPC). If you don't have one, we can arrange one for you. They are currently valid for ten years.
You'll need a valid Landlord's Gas Safety Certificate. If you don't have one, we can arrange one for you. They are valid for 12 months.
Call us on 0845 302 2850 or email to arrange a free, no obligation, valuation of your property.
See our Marketing Agreement & Terms of Business and our Code of Practice for Residential Letting Agents at our dedicated micro site at www.FindCollect.co.uk.