Fully Managed Service and Fee Structure

Our Fee for the Fully Managed service is:

  • Set up fee £300.00 including VAT

10% of monthly rent plus VAT for the duration of the tenancy and any renewals or extensions (12% inc. VAT) (Sole Agency is preferred)

  • Property visit to value and appraise the property
  • Marketing shots and floor plan (Floor plan additional charge)
  • Advertising and featured listings
  • Site a ‘To Let’ board at the property
  • Accompanied Viewings 7 days of the week and early evenings on request outside office hours
  • Tenant Selection
  • Reference all tenants and or guarantors ‘free of charge’
  • Draft all legal documents including Right to Rent check,  Tenancy Agreement ,all legally prescribed paperwork, ‘How to Rent’ information, move in pack and paperwork. Docusign.
  • Draft Inventory, agree and sign on the tenancy start date
  • Testing of CO2 and Smoke Alarms prior to move in
  • Collect the first month’s rent and deposit
  • Complete standing order for rent payments and update the bank
  • Collecting meter readings
  • Notifying all utility companies of change of details
  • Registering of the deposit and hold in our client account. (Additional charge)
  • Booking and carrying out property visits 2 / 4 times a year and supplying upon request a full property Inspection report.
  • Manage any late or short payments of rental and act accordingly.
  • Provide the tenant with contact details for Costello Lettings and the contractors that support us should disaster strike.
  • Hand the keys to the tenant for move in
  • Deal with all queries and complaints
  • Arranging annual Gas Safety Certificates, chimney sweeps etc.  
  • Organising any necessary repairs or any work required after inspections and or check-out
  • Compliance and legal advice, serving notices to tenants
  • Pay the landlord, monthly and on time!
 

Additional Services required but not included:

Draft a Floor Plan for marketing purposes         

Draft Inventory, agree and sign on the tenancy start date           

Energy Performance Certificate

Landlord Gas Safety Certificate (Minimum)

Check Out Service (see further details) Optional

Check In Service (see further details) Optional     

£54 inc VAT

£165 inc VAT

£78 inc VAT

£78 inc VAT

£180 inc VAT

£180 inc VAT