- Sourcing of tenant
- Producing marketing material and advertising the property on Sotheby's website and relevant portals
- Carrying out viewings of the Property
- Rent collection service and reconciliation of account
- Pursuing any non payment of rent and advising on necessary rental arrears actions
- Making any HMRC deductions
- Ensuring the landlord complies with their legal obligations
- Arrangement of any works and deducting invoices & commissions
- Informing relevant utility providers of account holder changes
- Instruction of routine repairs using approved contractors
- Updating landlord on condition with two annual property visits per annum and providing any recommendations
- Key holding throughout the tenancy term
- Negotiating any end of tenancy deposit dilapidations
- Sourcing of tenant
- Producing marketing material and advertising the property on Sotheby's website and relevant portals
- Carrying out viewings of the Property
- Rent collection service and reconciliation of account
- Pursuing any non payment of rent and advising on necessary rental arrears actions
- Making any HMRC deductions
- Sourcing of tenant
- Producing marketing material and advertising the property on Sotheby's website and relevant portals
- Carrying out viewings of the Property
- Rent collection service and reconciliation of account
- Pursuing any non payment of rent and advising on necessary rental arrears actions
- Making any HMRC deductions
- Ensuring the landlord complies with their legal obligations
- Arrangement of any works and deducting invoices & commissions
- Informing relevant utility providers of account holder changes
- Instruction of routine repairs using approved contractors
- Updating landlord on condition with two annual property visits per annum and providing any recommendations
- Key holding throughout the tenancy term
- Negotiating any end of tenancy deposit dilapidations
- Ensuring the landlord complies with their legal obligations.
- Arrangement of any works and deducting invoices & commissions
- Informing relevant utility providers of account holder changes
- Instruction of routine repairs using approved contractors
- Updating landlord on condition with two annual property visits per annum and providing any recommendations
- Key holding throughout the tenancy term
- Negotiating any end of tenancy deposit dilapidations
At renewal point, the rent will be reviewed in accordance to the market conditions and the landlord will be advised on the appropriate rent level. The rent will then be negotiated between both parties and the renewal agreed with continuation of fully managed services.
To cover financial referencing and processing of application. Charge applicable to AST's only
This will vary according to the contents and size of the property.
At renewal point, the rent will be reviewed in accordance to the market conditions and the landlord will be advised on the appropriate rent level. The rent will then be negotiated between both parties and the renewal agreed with continuation of ongoing rent collection service, account reconciliation.
Each occupant over 18 must have the legal right to rent in the UK. Charge applicable to AST's only
Cost of inventory schedule and check out will be borne by the landlord and cost will be directly invoiced to the landlord from whichever inventory company has produced the report and attended check out. Charge applicable to AST’s only.
Compilation of tenancy agreement and issuing of associated paperwork
Cost of inventory compilation and check in will be borne by the landlord and cost will be directly invoiced to the landlord from whichever inventory company has produced the report and attended check in. This will vary according to the contents and size of the property.
Charge applicable to AST's only
Registration of both landlord and tenant details along with protection of the tenancy deposit scheme and issuing of deposit certificate
For the transfer of a deposit during any period of the tenancy term
Produce financial return to HMRC on a quarterly basis and act on any query regarding the return on the landlords behalf to HMRC. Process HMRC deductions and provide if relevant as NRL6 if applicable
For our non-managed clients, we are able to take care of the below items at an additional cost. The landlord will be liable for any contractor invoices where we have been asked to arrange on your behalf.
Where Sotheby’s are not providing a management service we will charge a fee of £300.00 per hour or part thereof, subject to a minimum charge of £600.00 to liaise between you and the tenant to negotiate the deductions prior to the release of the deposit, to arrange the deposit release and for us to prepare a submission to The Dispute Service on your behalf in the event of a deposit dispute. Please note that referral to arbitration will incur a separate charge by the TDS of £500 or 10% of the deposit value, whichever is greater.
For items above day to day maintenance of property. 10% (plus vat) or agreed net cost. to include facilitating access with contractors, ensuring quality of work meets the contractual specified work and time schedules. Additionally deal with any warranty guarantee that has been structured into works agreed.
Equivalent to one weeks agreed rent will be taken in order to hold the property for you for a [period of 14 days. this is to allow sufficient time for the processing of your referencing, including right to rent checks and all associated paperwork to be completed. should you retract your application or you fail to pass the referencing process, including supplying of any false or misleading information or fail to complete the tenancy agreement then your deposit will be retained.
Equivalent to five weeks agreed rent. This will be protected using the tenancy deposit scheme and will returned according to the terms outlined in your contract. This will be used to cover and damages caused by the tenancy over the tenancy term.
Equivalent to six weeks agreed rent. This will be protected using the tenancy deposit scheme and will returned according to the terms outlined in your contract. This will be used to cover and damages caused by the tenancy over the tenancy term.
For any requested variations by a tenant to your contractual terms. This will be liable to the cover the negotiation, preparation and execution of any agreed contractual changes with your landlord.
For any change of sharer requested by a tenant. fee to be charged per tenant replacement which will cover the cost of negotiation with your landlord as well as undertaking referencing on the proposed tenant, conducting right to rent checks as well as new associated contractual agreements.
Should the tenant elect to leave their fixed term contract prematurely, then they will remain liable for the full rent until such times as a replacement tenant has been sourced and that tenant has passed the referencing, right to rent process and new contractual terms have been signed and agreed and full monies have been received by the start date of the replacement tenancy. In addition, the tenant will be liable for the landlords cost of re letting the property.
Should a tenant lose any key or security device then they will be liable for the full replacement cost and any call out charges. If the locks require replacement then the locksmith charge as well as the new lock (s) and any replacement keys for the tenant, landlord or managing agent will be charged to the tenant.
For any unpaid or returned payments interest will be applicable on the overdue sum at 4% above the Bank of England base rent from its original due date.
Equivalent to two weeks agreed rent. This will hold the property for you whilst the associated tenant paperwork is conducted, including referencing and right to rent checks.
This is for preparation and negotiation of contractual terms and amendments required to complete the tenancy agreement.
For processing the referencing application.
Equivalent to six weeks agreed rent unless otherwise agreed upon under the terms of your tenancy agreement. This will be returned at the end of the tenancy.
An additional sum of two weeks agreed rent will be required in addition to the standard deposit unless this has otherwise been agreed. This additional amount is to ensure that any damages caused by the pet are sufficiently covered.
Each occupant must have the permitted right to rent in the UK.
Please refer to the HMRC guidelines for further information.
For the negotiation of any term amendments and contractual changes to contract.
Organisation of the check out and where applicable, preparation of a dilapidations schedule to be negotiated between you and your landlord.
An independent inventory company will charge in accordance to the size and contents of the property. The landlord will typically cover the compilation of the inventory schedule of condition and check in.
At the end of your tenancy you will be required to return the property to the same condition as at the commencement of the tenancy.
For any unpaid or returned payments interest will be applicable on the overdue sum at 4% above the Bank of England base rent from its original due date.