All Prices Are Inclusive Of VAT
C.H. Peppiatt Estate Agents Services
1. The Let Only Service:
12% annual fee (10% + VAT)
This service is suitable for those who live close to the property and/or are happy dealing with rent collection, maintenance and repairs.
As above, we will assess your property in relation to the current market conditions and promote it through web portals and website in order to match your property with suitable applicants through our extensive tenant register. The next step is to arrange and accompany viewings to the property, interview and assess potential tenants, negotiate the tenancy in line with your instructions and fully reference check the tenants to comply with government guidelines.
Then we will make arrangements for the tenants moving in, write up the tenancy agreement and make amendments where required, collect the first month’s rent and deposit on your behalf, and if required, place the tenant's deposit in a tenancy deposit scheme. Finally, we will review the rent and negotiate any subsequent renewal of the tenancy and of course deal with the return of all deposits that we hold when the tenancy ends.
2. Rent Collection Service:
14.4% annual fee (12% + VAT)
Our rent collection service incorporates all aspects of our let only service, including property assessment, property promotion, selecting and credit referencing suitable tenants and negotiating tenancies. In addition, though, we take the hassle out of rent collection, freeing you of the need to worry about it.
We collect and forward the rent directly to your bank account by BACS within three days of receipt. In the unlikely event of non-payment or shortfalls, we take responsibility for chasing these up and if necessary will attend court to regain possession of the property. Where appropriate we will also submit a rent claim to the insurance company under the rent guarantee, forward copies of the statement to your accountant and /or solicitor as requested and make any HMRC deduction as required.
3. Property Management Service:
18% annual fee (15% + VAT)
Our property management service is the most comprehensive option, and takes away all the day-to-day stress and inconvenience of managing your own property.
This service incorporates all the aspects of our standard let only service and our rent collection service, including property assessment and promotion, selecting and referencing tenants, negotiating tenancies and collecting rental. In addition, however, we will act as your tenant’s contact for all property management issues, act as key holders throughout the tenancy and provide a 24/7 emergency telephone line for the tenant.
We will also advise all relevant utility providers of changes and arrange prompt maintenance and repairs by reputable local contractors, including dealing with both estimates and invoices. Throughout the tenancy, we will be communicating all relevant details to you, as well as carrying out a property inspection at agreed intervals and serving appropriate notices.
Property management service also includes DRS (Dispute Resolution Service) if appropriate excluding statutory declaration submission fees (see below under additional charges).