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.
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 is equivalent of 50% of 1 months rent setup fee then 10% gross of monthly rent..
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
Additional standard keys cut - £10 each
HMO/Selective Licencing application - dependent on address of property/cost of local authority
There is no VAT chargeable on our services at this time.
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!