Property Letting fees

We understand not all Landlord's want to pay for a fully managed service and want to manage properties for themselves, however, there are many advantages in using a qualified Property Management Company.

Advantages include:

• Distance of investment property to your home
• Fewer costly and time consuming legal problems
• Higher quality tenants with better tenant retention
• No safety certificate/policy lapses

With this in mind, PIMM offer a bespoke service to your requirements, without the need to tie into fully managed contracts (although this is still an option).

Our fee for the full property management service are 10% gross of rent payable under the Terms of the Tenancy.

This service includes:

Marketing property and arranging viewings of prospective tenants

Arrange referencing potential tenants and drafting a tenancy agreement

Preparation of an Inventory & Schedule of Condition Report

Obtaining a deposit and sending on to an Approved Tenancy Deposit Scheme

Check-in of tenant and gaining agreement on schedule of condition

Advise utility companies and local authority of change of occupant

Check-out tenant, agree any dilapidations and complete inventory & Schedule of Condition Report

Payment of any monies received for rent to Landlord on a monthly basis

Arrange routine repairs with Maintenance

Provide Landlord with a statement every month detailing income and expenditure

At the request of the Client, we can also arrange services as part of a bespoke package, depending on client needs. 

We can arrange the following on request:

(NB prices may vary depending on size/location of property and if furnished/unfurnished)

Tenant set-up only (until move-in) - 1 months rent

Inventory & Schedule of Condition stand-alone with digital photos - £70

Check-in Tenant including Right to Rent and meter readings - £55

Check-out at End of Tenancy - £70

Interim Inspections - £50 

EPC to be done on the property - £60

EICR to be carried out on property - £100

Gas Safe check and Certificate - £100

Draft Assured Shorthold Tenancy agreement - £35

Set-up subsequent Tenancy agreements - £70

Registering deposit, issuing Certificate & Prescribed Information - £50

Obtaining references for potential tenants - £35 each

Advise utility companies and local authority of change of occupants - £30

HMO/Selective Licencing application - dependent on address of property/cost of local authority 

There is no VAT chargeable on our services at this time.

2019-2020

We can offer advice and guidance on property management and managing your investment.  If you are currently looking to save on your property letting fees or just need a little help with the legalities, contact us - we are approachable and happy to help!