| New Tenancy Set Up |
- Initial property visit and valuation
- Advice on presentation – furnished or unfurnished, remedial improvements
- Professional photographs, 360 degree tours, floorplans, advertising on Vouch and www.malcolmsproperties.co.uk
- Pre-qualified leads prioritised with accompanied viewings and feedback
- Tenant referencing for up to two tenants with Vouch Landlord and Tenant Services
- ID checks and Right to Rent checks
- Financial credit checks
- Employer and landlord references
- Contract negotiation and agreement of terms
- Arranging signing of the assured shorthold tenancy agreement
- Registering and protecting the security deposit with DPS
- Providing Deposit Certificate and Prescribed Information within 30 days
- Preparing inventory, condition report and risk assessment
- Check-in appointment and inventory confirmation
- Explanation of appliances and utilities
- Smoke alarm and carbon monoxide detector checks
|
£240 inc VAT |
| Monthly Management Fee |
- Collecting rent on the 1st of every month
- Paying the landlord on the 1st of every month or nearest working day
- Issuing a monthly statement
- Inspection within the first 6 weeks with report
- Minimum two inspections per year with photographic and written reports
- Managing annual gas safety inspections and certificates
- Managing electrical installation reports every 5 years
- Issuing Legionella risk assessment at tenancy start
- Managing Energy Performance Certificates every 10 years
- Checking smoke alarms and carbon monoxide detectors at inspections
- Managing maintenance with landlord approval and no contractor mark-up
|
14.4% inc VAT
(12% + VAT) |
| Compliance Charges |
- Energy Performance Certificate
- Gas Safety Certificate
- Electrical Installation Condition Report
- Portable Appliance Testing
- Legionella Risk Assessment
- All charges to third-party contractors with no mark-up
|
EPC: £90–£132
Gas Safety: £78 + £36 per appliance
EICR: £200
PAT: £25 per appliance
Legionella: £66 |
| Additional Service Charges |
- Landlord withdrawal before move-in
- Termination of management during tenancy
- Contractor commission
- Non-resident landlord HMRC quarterly submissions
- Additional HMRC reporting requests
- Managing refurbishments over £5,000
- Management take-over of an existing tenancy
- Deposit transfer during tenancy
|
Withdrawal fee: £240
Termination: 80% of one month’s rent
Contractor commission: FREE
HMRC quarterly reporting: £100 per quarter
Additional HMRC queries: £50 per request
Refurbishment management: 10% of contractor net invoice
Management take-over: FREE
Deposit transfer: £60 per deposit |
