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Letting Services

Letting Services

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Our full range of services and fees are discussed before our appointment as Letting Agent, and confirmed in writing at the time of our instruction. They are dependent upon the type of service required by the Landlord, the style and rent of the property and its contents, and can be individually ‘tailor-made’ to suit all Landlords’ requirements. Drewery property services offer Landlords the following services:

  • Tenant Introduction (Tenant finding and providing tenancy agreement)
  • Lettings Service (Interim management) (including Rent Collection & renewals etc.)
  • Full Management (including dealing with maintenance problems)
  • "Overseas Landlord" management service – for the non UK resident landlord
  • Property Portfolio Management
  • Flexible Letting Services Available: Our current Landlord Fees

Option 1: Tenant Introduction Only

Ideally suited to the experienced Landlord with some Legal and Property Management knowledge in Residential Lettings sector. It is recommended that Landlords who use this service should live close to their investment and do not operate a busy work schedule. Find out more by contacting a member of lettings department.

Service Includes:

  • Initial rental assessment
  • All marketing and advertising - Marketing Tools – see how we do it differently
  • Accompanied viewings (when required)
  • Full referencing on all tenants and guarantors
  • Preparation of Tenancy Agreement (additional fee)
  • Inventory and Schedule of condition (additional fee)
  • Lodge rental deposit (additional charge)

Option 2: Lettings Service (Interim Management)

Ideally suited to a Landlord who lives near to his investment and is happy to liaise with his tenants directly on all maintenance issues. Find out more by contacting a member of our lettings team.

Service Includes:

  • Initial rental assessment
  • All marketing and advertising - Marketing Tools – see how we do it differently
  • Accompanied viewings if required
  • Full referencing on all tenants and guarantors
  • Preparation of Tenancy Agreement and service of relevant legal Notices during tenancy (additional fee)
  • Rent collection and remittance via BACS
  • Check out at end of tenancy
  • Arranging tenancy renewals and advice on rent increases
  • Keeping Landlords advised of current safety and regulations compliance
  • Issuing Rental Statements for preparation of Tax Returns
  • Lodge rental deposit (additional charge)
  • Inventory and Schedule of condition (additional fee)

Option 3: Full Management Service

All services included in the Letting Service as above, plus handling the maintenance of property, Safety compliance inspections, and payment of outgoings (as instructed).

Ideally suited to the Landlord who does not want any involvement in the lettings and management of their investment property.

  • Initial rental assessment
  • All marketing and advertising - Marketing Tools – see how we do it differently
  • Accompanied viewings
  • Full referencing on all tenants and guarantors
  • Preparation of Tenancy agreement and service of legal Notices during tenancy
  • Rent collection and remittance via BACS
  • Visits to the property during the tenancy
  • Instructing and overseeing repairs and maintenance
  • Arranging estimates for works
  • Arranging tenancy renewals and advice on rent increases
  • Check out at end of tenancy
  • Lodge rental deposit (additional charge)
  • Inventory and Schedule of condition (additional fee)

Landlords selecting our full management option will be assigned a Property Manager who will look after the day-to-day management of the property and liaise with the tenants. Our Property Managers aim to take care of everyday maintenance issues and offer a Landlord complete peace of mind.

Drewery’s comprehensive Full Management Service covers everything from finding and qualifying a tenant, drawing up the tenancy agreement and inventory to looking after the property during the tenancy and serving the correct notices at the end.

Overseas Landlords Specialist Service (incorporating Full Management Services)

Drewery property services manages a large number of properties belonging to overseas landlords and offer a number of extra services to accommodate overseas clients. The use of internet and e-mail means that we can keep any Landlord up to date on their investment and provide peace of mind knowing that the property has been entrusted into our hands. Monthly Statements of income and expenditure are e-mailed to the landlord and annual statements for tax purposes are made available to the Landlord and their nominated accountant. Advice and assistance is provided regarding obtaining the necessary Tax Exemption Certificate, and in the event that this is not applicable, we will deal with the necessary Tax deductions on behalf of the Landlord and pay them over to the Inland Revenue. An annual statement is provided to show the amount of Tax already paid, so that this can be reclaimed where appropriate.

The following are available with our Lettings or Management services (Separate charges apply)

  • Tenancy Agreement & legal notices
  • Inventory/schedule of condition
  • Rent (& Legal protection) guarantees
  • Buildings & Contents insurances
  • Rent collection service where Tenant introduced via Landlord

Property Portfolio Management & Foreign Investment

Drewery property services work with investment landlords with the management of their property portfolios and provide the following benefits:

  • Experienced, professional service. - Drewery property services have been established since 1946 and gained years of valuable experience in letting and property management. Our qualified staff and property managers receive continuous training via our professional bodies - ARLA (Association of Residential Lettings Agents) and NAEA (National Association of Estate Agents)
  • Portfolio Buy to Let mortgage advice and review service
  • Large scale regular advertising in local publications, extensive on-line marketing, direct marketing and access to established corporate and employer databases
  • Dedicated Management department and property managers to look after your portfolio investment
  • Dedicated accounts department able to organise and provide regular rental statements for portfolio, management of portfolio, rental payments and taxation advice
  • Tailor-made landlord insurances for portfolio management
  • Tailor-made marketing and letting services available to portfolio Landlords to suit all needs

Since the launch of the Buy-to-let there has been a big growth in the number of portfolio landlords. Some reasons for this have included the fact that Landlords are now able to search out the most competitive interest rates and mortgage packages and there is a greater understanding of potential returns on their own capital and rental income. As a result, a lot of Landlords will re-mortgage to gain better rates and to raise further capital to expand their portfolio further. Drewery property services can provide advise and put you in touch with buy to let financial advisors to allow you to expand and improve your portfolio return.

 

Not getting the service you require?

 

As the property investment sector becomes more popular it is becoming increasingly harder for both corporate and Landlord investors to find the high level of professional service they deserve and require to rent and look after their investment. If you feel that you are not getting the rental return you hoped for, experiencing voids, having to subside your mortgage or your investment is costing you money rather than making you money then contact us today to discuss your problems and discuss how we are confident we can offer you the professional service you require.

 

We are able to negotiate special management rates for Landlords with large property portfolios. Contact our Lettings team for a no obligation chat about your current arrangement.

 

Additional none-operational fees and charges irrespective of level of service*