Information For Landlords

Landlord Services & Fees

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HMO Information

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Investment Opportunities

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TENANT FIND SERVICE.

 

Bronze Package - £250  (We find your tenants, complete full referencing and you do the viewing for peace of mind)

Send us your marketing photographs and leave the rest to us!

Thorough tenant vetting prior to referral for landlord to do the viewing

Full referencing including ‘Right to Rent’ (following confirmation to proceed from Landlord)

Room Rentals tenancy agreement to be signed by landlord

 

MANAGEMENT SERVICE (FULLY MANAGED FOR EVERYTHING LISTED)

Fees are 20.00% of monthly Rent  (Includes finding the tenant, referencing, contracts, check in, ongoing management, rent collection, check out) and deposit release) 

On Call Cover

We provide 24/7 on call for all our tenants. Tenants have a direct mobile phone access to a team member and we endeavour to respond to out of hour Emergencies within minutes.

Maintenance Issues

We assess maintenance issues and level of Emergency (in many cases we are able to diagnose the maintenance issue and work through a process with the tenant to resolve the issue without the need to contact the landlord, thus eliminating unnecessary call out charges for tradesmen). 

For maintenance issues that require a tradesman, we will refer this to the landlord, but will send photographs and a verbal/written report to help you assess the situation.

All communication for room access/maintenance updates will be liaised through Room Rentals, so the only concern for the landlord is resolving the maintenance issue.

Full recording of the maintenance issues are logged together with communication notes/email with the tenants.

Rent collection

We receive and chase any outstanding rent payment as part of the package.

Monthly Statements

Breakdown of monthly rental statements including deductions for partial management are sent to the landlord. All very easy to interpret and understand.

Monthly Report/Verbal Reporting

A monthly update report is sent via email following up on our monthly inspections which updates you on management activities over the month. More urgent information is initially given over the phone and included in the monthly report.

NB Section 21 and 8 Notices if ever required are covered within the management fee

Rent Collection Service

Rent Collection Only -  7% + VAT (8.4% including VAT)

If you are struggling keeping up with tenant late payments or just don’t want the hassle of collecting Rent let us collect for you. All administration included and late Rent payers chased.

 

Management Service (Fully Managed Only)

This service takes away the day-to-day stress of, and responsibility for, your HMO. We deal with the small issues without contacting or bothering you, but if a maintenance issue requires expenditure over an agreed limit, then we will contact you to discuss and agree an action plan.

WHAT DOES OUR MANAGEMENT SERVICE PROVIDE- OVERVIEW

  • Full Tenant find service 
  • Risk-assessments 
  • Monthly Statements
  • Mid-term property reviews throughout the tenancy
  • Arrangement of maintenance, payment of invoices through rental income
  • Minimum monthly communal inspections 
  • Monthly utility meter readings and review of utility usage
  • Tenant on call service (tenants have direct access 24/7 to an on-call service) 
  • Deposit negotiation and return at end of tenancy
  • Receipt of Rent payments and chasing of late rent payments where applicable
  • Provision of section 8 / 21 notices when necessary
  • Checkout inspection is additional cost.

All Services provided by Room Rentals are Subject to Contract.

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