If you just need some help finding the right tenant and are happy to deal with them directly once they are found then our Tenant Find Service is for you. We will…
Provide a rental valuation and advice on safety and legal requirements
Market the property on the internet and in the local press
Carry out viewings leading to the introduction and full referencing of prospective tenants
Negotiate terms of the Tenancy Agreement between you and the prospective tenant
Prepare an inventory and schedule of condition – separate fee may be applicable
Arrange for the Tenancy Agreement and any relevant Notices to be signed
Collect the first months’ rent and hand over the deposit to be registered in accordance with the Tenancy Deposit Protection regulations
Check the tenant into the property
The first month’s rent will be collected as our agreed fee. The responsibility of managing the tenancy, maintenance and rent collection will then be handed back over to you. Bright Estates will be happy to provide a free check out service if the deposit is registered with Bright Estates DPS account. Should the tenant dispute any deductions requested from the deposit, there will be an hourly charge to deal with this.
If you are not living locally, or would rather not deal with your tenants directly our Fully Managed Service is for you. We will do the same as for the Tenant Find service plus…
Register the deposit in accordance with the Tenancy Deposit Protection regulations
Arrange the transfer of utility accounts into the tenant’s name
Collect on-going monthly rental payments, pay you and any contractors on time
In the event that rent arrears arise, contact the tenant by way of phone call and/or letter
Forward monthly rent statements to you
Visit the property periodically (generally every three months), report any problems and arrange repairs
Arrange tenancy agreement renewals if appropriate
Check tenants out, deal with any dilapidations, agree the return of the tenant’s deposit with both parties and arrange the return of the deposit with the DPS
Re-let and continue the process as quickly as possible to ensure you receive the optimum return
Please note our management service only applies to the setting up and duration of the tenancy. The agent cannot be responsible for security or supervision of the property when it is not let.
Our monthly management fee is 10%. There is a tenancy set up fee of £275 at the beginning of each tenancy. References and credit checks for tenants and/or guarantors are £85 per person.
These are the two basic options available when considering letting your property; Fully Managed or Tenant Find. However, at Bright Estates we like to accommodate your specific requirements and are happy to provide a quote for a variety of individual services that you may require, ie ad hoc property visits, tenant referencing, tenancy agreements, inventories, chase rent arrears, serve notices, prepare court documents etc. Call Bright Estates on 01460 259468 or 07795 326293 for a chat about what you want and request a fee quote to suit your requirements.
WE ARE CURRENTLY LOOKING TO INCREASE OUR PORTFOLIO OF RENTAL PROPERTIES
Please contact us for details of our services and to discuss your requirements.