Standard Management Service (Fully Managed)
- Advising on Rental Income: Estimating likely rental income.
- Marketing the Property: Advertising and general marketing.
- Tenant Interviews and References: Conducting tenant interviews and taking references (bank, employer, previous landlord).
- Tenancy Agreement: Providing a suitable tenancy agreement.
- Liaising with Mortgagees: Managing communications with mortgagees regarding references and tenancy agreements.
- Right to Rent Checks: Performing initial right to rent checks.
- . Deposit Management: Taking, managing, and dealing with tenancy deposits.
- Rent Collection: Collecting and transferring rent to the landlord.
- Utility Transfers: Arranging meter readings and utility transfers at the beginning of the tenancy.
- Property Inspections: Conducting quarterly property inspections.
- Repairs and Maintenance: Coordinating repair or maintenance work, including obtaining estimates and supervising works.
- Expense Management: Making payments from rents received for property management costs.
- . End of Tenancy Management: Conducting a full property inspection, inventory check, and managing deposit return at tenancy end.
Letting Only Service
- Includes items 1 to 6 from the Standard Management Service.
- The landlord is responsible for all other aspects of letting, including property maintenance and deposit protection compliance.
Letting Only Service Plus Deposit Protection
- Includes items 1 to 7 from the Standard Management Service.
- Additional fee for the Tenancy Deposit Service.
Letting Only and Rent Collection Service
- Includes items 1 to 8 from the Standard Management Service.
- Additional fee for rent collection and deposit service.
Additional Charges
| Tenancy Set-Up Fee: | £400.00 |
| Tenancy Renewal Fee: | £50 |
| Inventory/Schedule of Condition: | £75 |
| NRL Tax Returns Administration: | £ per annum |
| Mail Redirection Overseas: | Cost of postage |
| Gas Safety Check Arrangement: | £20 plus costs |
| Electrical Safety Check Arrangement: | £20 plus costs |
| Energy Performance Certificate Admin Fee: | £20 |
| Rent Increase Notice Issuance: | £15 |
| Right to Rent Check: | £15 |
| Tenancy Deposit Service Fee: | £40 plus scheme costs |
| Extra Keys Duplication and Testing: | £20 plus costs |
| Notice of Seeking Possession Issuance: | £20 |
| Maintenance Repair Limit for UK Landlords: | £200 |
| Maintenance Repair Limit for Overseas Landlords: | £400 |
| Major Works Supervision: | 5% of the cost of work over £500 |
| Hourly Rate for Additional Work: | £40 per hour |
| Pre-letting Regulation Check: | £50 |
These services and fees outline the scope of property management provided by belvedere Lets as per our terms and conditions.
