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FULL MANAGEMENT SERVICE - 10% plus initial set up fee of £195


The Full Management Service includes:


1. Property appraisal.

2. Preparation of the marketing documents to include photographs.

3. Arranging an in-house Domestic Energy Assessor to complete the Energy Performance Certificate for the property when instructed.

4. Advertising of the property to include our website, Zoopla and Primelocation

5. Providing ‘TO LET’ board at the property.

6. Accompanied viewings available six days a week.

7. Obtaining full references/credit history, proof of identity and where necessary, additional security would be negotiated by means of a Guarantor or six months rental paid in full at the start of the tenancy.

8. Preparation of the Tenancy Agreement, Inventory together with photographs.

9. Arranging for a local contractor to complete the Landlord’s gas safety certificate when instructed.

10. Taking a deposit from the tenant, such deposit to be held by the Agent as stakeholder in a Government approved insurance based scheme, until the end of the tenancy when the Property and contents have been checked for unfair wear and tear / dilapidations against the inventory; no interest is payable on deposits held by DPS. For further information regarding the regulations relating to the holding of surety deposit please go to:

http://www.communities.gov.uk/housing/rentingandletting/privaterenting/tenancydepositprotection/

11. Collecting the rent monthly, tenants paying by standing order mandate, and paying over to Landlord monthly, less any fees or expenses due or incurred for the period.

12. An inspection of the Property will usually be carried out within the first six weeks, and periodically thereafter.

13. Arranging all repairs or maintenance including arranging for tradesmen to attend the Property and obtaining estimates where necessary, co-ordination of remedial works and settling accounts through the Landlord rent account as appropriate.

14. Serving the appropriate Notices Requiring Vacant Possession when instructed.

15. Completing the check-out at the end of the tenancy; dealing with matters relating works prior to the release of the tenant’s deposit.

16. Completion of necessary annual return for overseas clients; since April 1996 landlords must obtain an application to receive UK rental income with no tax deducted from the Inland Revenue’s Centre for Non-Residents (CNR) at the commencement of the tenancy. We will not deduct tax if the Inland Revenue has informed us that you, the Landlord, have been approved to receive rent without deduction. If this approval is not received, we are legally bound to make deductions at the basic rate. You may only claim overpayment direct from the Inland Revenue. For further information on this matter go to:

http://www.hmrc.gov.uk/CNR/
  

TENANT FIND ONLY SERVICE – 50% of the first months’ rent or minimum of £375


 

We are able to provide an alternative to the Fully Managed Service to those Landlords who wish to oversee the daily management of their own properties once a tenant has been obtained. Our Tenant Find Only Service involves the same high quality marketing and tenant selection as provided within our Fully Managed Service.

Due to the Government legislation regarding the protection of the tenant’s surety deposits, it is strongly recommended that a detailed Inventory and Schedule of Conditions be produced prior to the tenants occupation of the property. We are pleased to be able to provide this comprehensive and detailed document, to include photographic evidence, for an additional charge, upon request.

M S Property are legally obligated to obtain proof of the Landlord’s registration with a Government approved deposit scheme prior to the letting of the property. Further information of the deposit schemes available can be found at:

http://www.communities.gov.uk/housing/rentingandletting/privaterenting/tenancydepositprotection/
 

The Tenant Find Only Service includes:


 

1. Property appraisal.

2. Preparation of the marketing documents to include photographs.

3. Arranging an in-house Domestic Energy Assessor to complete the Energy Performance Certificate for the property when instructed.

4. Advertising of the property to include M S Property website, Zoopla and Primelocation website.

5. Providing ‘TO LET’ board at the property.

6. Accompanied viewings available six days a week.

7. Obtaining full references/credit history, proof of identity and where necessary, additional security would be negotiated by means of a Guarantor or six months rental paid in full at the start of the tenancy.

8. Preparation of the appropriate Tenancy Agreement and standing order mandate with the Landlord’s bank details.

9. Arranging for a local contractor to complete the Landlord’s gas safety certificate when instructed.

11. Obtaining the first month’s rent and surety deposit on behalf of the Landlord from the tenants prior to the tenancy commencement and handing over the keys to the tenant.

12. Forwarding the signed tenancy agreements and relevant documents to the Landlord and transferring the monies by bank transfer to the Landlord’s chosen account.

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