Let Only Service

2 WEEKS OF THE 1ST MONTHS’ RENT (TENANT FIND FEE) inclusive of VAT if applicable

Includes:

  • Advertising the property, to include: arranging EPC, photographs, advertising on website, portals and/or shop window.

  • Qualify potential tenants

  • Conduct viewings

  • Full referencing for prospective tenants with optional rent and legal protection

  • Collection and remittance of initial rent received (less fees)

  • Deduction of pre-tenancy related expenses

  • Notify relevant utility providers and local authority of changes

  • Provide tenant with payment methods for ongoing rents

  • Management Service

  • 2 WEEKS OF THE 1ST MONTHS’ RENT (TENANT FIND FEE) THEN 8% PER MONTH FROM THE 2ND MONTHS RENT AND ALL SUBSEQUENT RENTS THEREAFTER inclusive of VAT if applicable

  • no annual renewal fees to landlord for existing tenants

        • All let only service as above but ALSO to include:

  • Collection of monthly rent

  • Account to Landlords on a monthly basis for all expenditures to include fees

  • Monitor rent payments and pursue tenants for outstanding rent

  • Provide advice on rent arrears actions

  • Carry out property inspections throughout the tenancy

  • Arrange maintenance repairs and instruct relevant contractors (subject to quotes) Third Party Contractor Prices

  • Arrange annual Gas Safe – Third Party Contractor Prices

  • Arrange EICR as and when required- Third Party Contractor Prices

  • We do not do court evictions for tenants – e.g., Section 21 Section 8’s but this can be arranged through a 3rd party (Solicitor). Their fees apply

  • OTHER INFORMATION

  • CMP – a client money protection scheme

  • The DPS – Custodial and Insured Schemes – Deposit protection schemes

  • My Deposits – Custodial and Insured Schemes – Deposit protection schemes

  • PRS – A Redress Scheme is a scheme which allows consumers to escalate a complaint they have against the member of the scheme. The main purpose of the redress scheme is to resolve or settle unresolved complaints from consumers who have suffered a loss as a result of the actions of the member.
  • We also hold Professional Indemnity Insurance (Schedule available on request)

Tenant Fees

  • Payments Prior to tenancy – payable to Appeals Apartments Ltd for new assured shorthold tenancies (AST’s) signed on/or after 1 June 2019

  • Holding Deposit:

  • One week’s rent (to form first month’s rent in advance, subject to references and contact).

  • This is to reserve a property and withdraw it from the market.

  • Please Note: This will not be refunded if any relevant person (including any guarantor/s) withdraw from the tenancy, provide materially significant false or misleading information, fail a Right-to-Rent check, or do not sign their tenancy agreement (to include Guarantor if applicable) within 15 days (or other mutually agreed deadline).

    Security Deposit:

  • For Tenancies where rent is under £50,000 per year –

  • A maximum of Five weeks rent to be protected in a government scheme.

  • For Tenancies where rent is above £60,000 per year –

  • A maximum of Six weeks’ rent to be protected in a government scheme.

  • Payments During tenancy – payable to Appeals Apartments Ltd

  • Variation of contract – £50 per person (inclusive of VAT if applicable) to make amendments to the tenancy agreement – if requested by tenant, to include change of tenant/sharer.

  • Late payment of rent – at a rate of 3% above Bank of England Base Rate.

  • Lost keys or other security devices – reasonably incurred costs for replacement keys, locks, other security devices and locksmith charges

  • Early Termination – Payment of any unpaid rent and other reasonable costs associated with tenant’s early termination of tenancy to include Landlord’s associated costs in re-letting the property until the start date of the replacement tenancy.

  • Other payments during the tenancy (payable to the provider) if applicable

  • Utilities – gas, electricity, water

  • Council Tax

  • Communications – telephone/broadband

  • Installation of cable/satellite and associated costs

  • Television licence

  • Any other permitted payments, not included in the above, under the relevant legislation including contractual damages.

    Tenant protection

  • Appeals Apartments Ltd are a member of:

  • CMP – a client money protection scheme

  • The DPS – Custodial and Insured Schemes – Deposit protection schemes

  • My Deposits – Custodial and Insured Schemes – Deposit protection schemes

  • PRS – A Redress Scheme is a scheme which allows consumers to escalate a complaint they have against the member of the scheme. The main purpose of the redress scheme is to resolve or settle unresolved complaints from consumers who have suffered a loss as a result of the actions of the member.
  • We also hold Professional Indemnity Insurance (Schedule available on request)