PROPERTY MANAGEMENT SERVICES

• Stage1: Assess value & marketability of property.
• Stage2: Market & secure tenants.
• Stage3: Maintain the property & collect rent.
• Stage4: Handover property & return deposit payments.

Stage 1: Assess value and marketability of property

• Upon confirming a requirement to lease a property, the first stage is to inspect the property and prepare an Estimated Rental Valuation Report.

• This report details the estimated monthly rental achievable taking into account market conditions and comparable evidence. The report will provide an estimated time to secure a new tenant, indicate the type of tenant most suited for the property and will detail the best means to secure a new letting (i.e. what tools to use such as advertising, use of existing database, website generated enquires, etc).

• The report highlights any remedial works that should be undertaken to best market the property. For example, this could include a general clean & tidy, minor works to be undertaken by handyman, replacement of furnishings, requirements for additional utensils, fitting smoke detectors etc.

• The report will highlight any statutory requirements such as compliance with HMO, Gas, Electrical & Fire and Furnishing regulations. If required we can handle all works to ensure the property exceeds all regulatory requirements.

• The report will clearly outline the roles and responsibilities of a Landlord and outline obligations of committing to a tenancy agreement (usually short term six month assured).

• Finally a checklist will be prepared to ensure that the property is ready for letting. This will detail requirements to change insurance, notify the council, utility providers, post office etc.

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