Burton on Trent
Landlord Fees
| Service | Let only | Rent collection | Fully managed |
|---|---|---|---|
| Full marketing including photos & virtual tours across all major platforms | |||
| Review applications, arrange & conduct viewings, present suitable applicants | |||
| Oversee tenant reference/credit checks. Publish contracts with all supporting documents required | |||
| Collect first month's rent and deposit | |||
| Conduct inventory check-in with supporting photos | |||
| Notify utility providers & council of changes | |||
| Register the deposit with an approved scheme | |||
| Collection of monthly rent with detailed statements | |||
| 3 or 6 monthly inspections (as appropriate) | |||
| Handling of all tenant queries | |||
| Maintenance and repairs arranged | |||
| Write and deliver relevant notices throughout tenancy | |||
| Ensure property remains compliant in line with legislative changes | |||
| Oversee tenancy check-out report and make recommendations regarding the deposit |
PROPERTY MANAGEMENT
Fully Managed = 10% + VAT of the monthly rent
Fully Managed with Rent Guarantee Insurance = 12.5% + VAT of the monthly rent
Rent Collection = 7% + VAT of the monthly rent
Rent Collection with Rent Guarantee Insurance = 9.5% + VAT of the monthly rent
TENANT FIND SERVICE
Fully Managed = £395 + VAT
Rent Collection = £495 + VAT
Let Only = £595 + VAT
Landlord Rent Protection Service
Fact sheet
If you opt in to the rent protection service we offer you, we can be there for you when you need us most,
in the unfortunate event of rent arrears. When tenants don’t pay, you are protected, not only from rent
arrears but also from any tenancy breach which gives grounds for possession – terms and conditions apply.
Newton Fallowell will purchase a Rent Guarantee policy from Let Alliance as even the best
of tenants can fall on hard times. Here at Newton Fallowell we know the importance of protecting your
rental investment and whilst it’s natural to be sympathetic, your rental income still needs to be paid.
What benefit do you get from choosing the rent protection service we provide? **
- Cover the total monthly rent, no matter how many tenants are on the Tenancy Agreement – upper limits do apply.
- Missed rental payments until vacant possession of the property or for up to 15 months, whichever comes first, up to a maximum of £50,000.
- Up to three months’ rental payments at 75% following vacant possession (where applicable).
- Professional costs up to £100,000 to cover eviction costs of the tenant for certain breaches of their tenancy agreement.
- Covers breaches of the tenancy agreement by the tenant, including non-payment of rent and other scenarios.
- We could also continue to assist if the tenant defends the action taken, to help find the best solution.
- Rent Guarantee covers the whole property meaning the policy continues even when/if the tenants change (subject to satisfactory references).
- 12 months policy term.
- Payments continue beyond the end of our policy term.
** Subject to policy terms and conditions.
Your interest will be noted in our policy and we will write to you to confirm your interest in a policy once we have arranged it.
Our partners at Let Alliance are also able to offer you a no obligation quote for landlords buildings,
contents and home emergency cover. If you would like to speak to someone please call
01244 421 999.
Client Money
Protection Certificate
Client Money Protection Certificate
If we are protecting the deposit in the TDS insured scheme, the deposit is being held in our franchisor’s The Property Franchise Group Client Account.
Market Appraisal