Professional Financial Management
Our Letting & Financial Management service is perfect for landlords who want to be in control of their property but require the finances to be professionally managed
Lettings & Financial Management Service
What's
included
Conduct and supply a market valuation report
An in-person valuation of your property shall be conducted by your local property expert. We shall have a look around the property, take quick measurements then sit down with you to explain the valuation of your property and our services. Once completed we shall issue you with a detailed valuation report.
Provide guidance on compliance with statutory provisions and letting consents
We shall outline the relevant health and safety legislation, guidance, compliance and letting consents you will need to adhere to as a landlord in order to let your property.
Guidance and assistance on refurbishment requirements
In line with legislation and through our experience, we shall advise you on any required works that need to be undertaken before a property can be rented and how to best present your property to attract the right tenants.
Create marketing materials
Our professional property imagery is carried out by using professional photography equipment, effective lighting, positioning, editing software and using our experience and knowledge collated over the years. A floorplan will be created of your property, this is a visual representation of the layout and scale of a property, showing a view from above, of the relationships between rooms, spaces, traffic patterns, and other physical features at one level of a structure. Floor plans are a fundamental piece of your property marketing.
Property Advertising
As the majority of tenants begin their initial home search via the internet, it is essential that we are able to reach them as quickly as possible with the highest quality presentation of your property via our extensive website coverage which includes our own state of the art website easily accessible via all types of devices.
Prospective tenant(s) qualification
We will ensure any interested applicant goes through a pre-qualification process to highlight their current circumstance, asking the relevant question regarding their financial circumstance in order to make a tentative assessment of their ability to rent, this step is key to avoid any unnecessary actions that do not produce a benefit to the landlord.
Accompanied viewings
We conduct accompanied Viewings therefore giving every property and tenant full professional presentation. The way the agent operates means we are available 7 days a week and outside the standard office hours to conduct viewings, negotiate with potential tenants, communicate with landlords regarding feedback, offers and so on.
Interviewing prospective tenants & negotiating the terms of the tenancy.
The prospective tenant(s) will visit us for an initial interview, to fill out an application form and submit all the relevant documentation for us to begin our credit and referencing checks. At this point we shall also be able to negotiate terms of the tenancy.
Conduct tenant credit & referencing checks
We shall obtain all the relevant documentation and information in order to conduct our in-depth referencing checks which include but not limited to, current landlord referencing, employment reference, character reference etc.
Draw up & supply the assured shorthold tenancy agreement.
**Using the UK’s largest tenant referencing and credit specialist Homelet, we are able to conduct a full credit and background check on the prospective tenants giving you complete protection and peace of mind.
Arranging meter readings, advise service companies of the transfer of contracts to the tenant
We will take meter readings at the beginning of the tenancy for the utilities offered at the property, we will contact the utility providers and pass this information along with the new occupant(s) information in order to transfer all billing to the tenants.
Handle and register of the damage deposit in compliance with current legislation
As per current legislation we shall handle and register the damage deposit. All our deposits taken are custodial deposits held by the DPS (deposit protection service).
Arrange and coordinate Inventory, Check-in & Check out*
We shall arrange and coordinate with the third-party inventory clerks, the inventory and check-in report which will highlight the properties condition prior to a tenant moving in. At the end of the tenancy, we shall also arrange and coordinate the Check-out report which will be cross referenced with the inventory and check in report carried out at the beginning of the tenancy. Theses reports shall form a third party non bias evidence of the conditions of the property should any discrepancies arise.
Collect rental payments through our state-of-the-art automated payment system
We use cutting edge technology to further our goal to provide a seamless service to our clients, this is why we use an automated payment banking system called PayProp, this product is an automated payment provider to the property management industry. It is both easier to use and more powerful than existing solutions offered by banks and traditional software vendors. This system has set the standard for speed and accuracy of payments, cost and payment status transparency and complete transactional control.
Supply Periodic rental statements & annual account statements
As part of our state-of-the-art payment banking system Payprop, we shall generate periodic rental statements and annual account statements for your convenience, this is the best way to keep everything transparent and easy to manage.
Pursue non-payment of rent and provide advice on rent arrears actions
We shall pursue all non-payment of rent immediately by contacting the tenant via phone call, formal written demand and highlight their legal responsibility. We shall also advise on the entitlement to take legal action to seek possession of your property should any arrears remain outstanding.
* Please note these services are carried out by a third-party company at an additional cost to the landlord, only the arranging and managing these services are included in the Lettings & Full Management service.
