Service you deserve. People you trust.
IMPORTANT INFORMATION FOR LANDLORDS
Choosing an Agent
There are many estate agents on the market providing good services to their clients. But unfortunately, there are also many estate agents on the market who only work for their commission rather than providing good services.
When letting, unlike selling, you trust completely on a stranger to look after your property. We firmly believe that clients who are willing to spend a bit more money on a trustworthy company like ours will get a much better service. Concentrate on giving your property to an agent you feel totally comfortable with and on who understands your needs, rather than giving it to several agents who are fighting to secure their commission.
Always choose an agent who is a member of Property Ombudsman or Redress Scheme.
Why Choose Us
Though our business was established 5 years ago, you can rest assured knowing that all of our employees have much more experience behind them. We are professionally trained and utilise our 10 years’ industry experience to deliver a first-rate service at all times. What’s more, we also have a great understanding of the local area and we will always achieve the highest rent possible for you.
As a family-run business, we work tirelessly to provide excellent customer service. Most of our business is generated through referrals and repeat customers. Our honesty, integrity, and professionalism has allowed us to develop an unrivalled reputation. We are a member of Property Ombudsman and our clients’ money is protected.
At Dwelling Estates Ltd, we specialise in residential letting and property management. Tenants are independently referenced by a third-party company. We hold all our clients’ money in a special account separate from our company running accounts, meaning that everything is safe and secure. Rents are forwarded to you within one business day of us receiving cleared funds, unless you sign up for our Rent Guarantee Scheme where your rent is paid on the same day each month. This means that no matter whether we have received rent or not or whether your property is let or empty, you’ll receive your money. We provide Rent Guarantee and Legal Protection – simply get in touch to acquire more information.
Safety Legislation
Here at Dwelling Estates Ltd, we strictly follow all safety legislations and we advise all our clients to arrange Gas Safety™ checks, Electricity Safety Certificate, and EPC (Energy performance certificate) before advertising your property. We can arrange this for you at a very competitive price.
Deposit
Deposit is held against damages, rent arears, and any breach of the tenancy agreement. All tenants’ deposits held on Assured Shorthold tenancies commencing from 6th April 2007 must be protected by one of three schemes. Other forms of tenancies including company lets are exempt. There are two insured schemes where either the agent or the landlord holds a deposit for a small fee and a custodial scheme where the scheme holds the deposit and it’s free.
The Tenancy Deposit
Scheme: PO Box 1255, Hemel Hempstead, Herts HP1 9GN.
T: 0845 226 7837 F: 01442 295193 E: deposits@tds.gb.com W: www.tds.gb.com
The Deposit Protection
Service: The Pavilions, Bridgewater Road, Bristol, BS99 6AA
T: 08444 727000 F: 0870 7036206 E: enquiries@depositprotection.com W: www.depositprotection.com
My Deposits: 3rd Floor, Kingmaker House, Station Road,
New Barnet, Herts, EN5 1NZ.
T: 0844 980 0290 F: 08456 343403 E: info@mydeposits.co.uk W: www.mydeposits.co.uk
Inventories
A property Inventory is the catalogue of a rental property and all its contents. The Schedule of Condition is a record of the condition of all these items. Usually the property inventory and schedule of condition are combined into a single report and
usually carried out before tenants move in and before tenants move out. This
report details all the contents provided with the tenancy and the condition of
the these items. Once signed by the tenant and the landlord, it forms part of
the legally binding contract set out in the tenancy agreement.
Under the tenancy deposit scheme, tenants must agree to any deductions made from the deposit. In the event of a dispute that cannot be resolved the matter will be reffered to a free but binding dispute resolution service (or you can choose to go to court).
In any event you have to provide documentary evidence to prove the loss or
damage you are claiming was caused by the tenant.
Whilst it is not a legal requirement to get the check in and check out inventory, if you cannot produce a detailed inventory, signed by the tenant at the start of the tenancy,
together with signed and equally meticulous “Check In” and “Check Out”
inventory, dispute resolution department of any scheme or a Court of Law, will
certainly award the dispute sum to the tenant.
Licensing
There are two types of
license, HMO license and Selective Property License.
HMO license is required for a property which has 3 or more storeys from ground or higher, including basement and loft conversions or bedsits that SHARE amenities such as bathroom, kitchen, toilet and are occupied by 5 or more people comprising 2 or more households. For Further information please contact your local council directly
to establish you require HMO or not, failure to comply with licensing can
result in a fine up to £20,000.
Some local councils like Newham, Barking & Dagenham and Waltham Forest has introduced license for all rented properties known as Selective Property License. All
rented properties must have a selective property license which you can apply
from your local council. We can also help you apply for the license for a fee
of £150.00. Fee for the license is range from £500.00 to £950.00 depending on the council and normally valid for 5 years starting from the date it came into force, if
you own the property for long time and it was rented since you bought the
property, council will issue you a one year license for the same fee. If you
don’t get license, you could get fine up to £30,000.00 for each un-licensed
property.
Sub-Contractors
We only use approved sub-contractors with full public liability insurance in place.
Smoke Detectors
Installing one smoke detector on each floor is a mandatory
requirement from 1st October 2015.
Services and Fees
Introduction Only
· Advertising Your Property
· Accompanied Tenants on Viewings
· Erect to Let board
· Collect All Required Paperwork and Holding Deposit
· Carry Out Reference Checks (By a Third Party Company)
· Carry Out Basic Credit Checks
· Collecting First Months’ Rent and Deposit
· Drafting and Signing of Tenancy Agreement
· Registering Deposit (If Required)
Fees for this service is 2 weeks of the monthly rent.
Rent Collection
As per introduction only, plus the following:
· We Collect Rent from the Tenant and Transfer to Landlord’s Account
Fees for this service is 2 weeks of the monthly rent for finding tenant and 6% of the monthly rent.
As per introduction only, plus the following: • We Will Be First Point of Contact • Collecting and Passing Rent to the Landlord • Property Inspections Quarterly (Landlord can Attend) • Arranging Contractors for Any Repair Works (If Required) • Serving Notices and Dealing with Evictions (If Required) • Dealing with All Other Tenancy Breaches • Tenancy Renewal and Negotiating Rent Increase Fees for this service is two weeks of the monthly rent for finding tenant, deducted from first months’ rent, plus 10% of the monthly rent, deducted each month from the rental payment.
As per introduction only, plus the following: • We Will Guarantee the Rent for the Landlord. • Landlord Gets Paid After 14 Working Days from Signing the Contract and Handing Over the Keys and Thereafter Each Month On the Same Date • The Condition of the Property is maintained and on termination of the contract landlord will get his property in a same condition as it was given • Whether Property is Let or Empty and Whether Tenant Is Paying or Not, the Landlord Gets Paid as per the Contract • Property Inspections Quarterly (Landlord Can Attend) • We Will Cover the Maintenance for Up to £100 - £150 - Terms and Conditions Apply • We Serve All the Notices, Legal Proceedings, and Deal with Any Tenancy Breach Fee for this service is one week of the monthly rent one of setup fee, deducted from first rental payment plus 20% of the monthly rent.
Additional Services
We also have a wide range of additional services available if requested. Please note that all fees are taken in advance.
Tenancy Agreement - £125
Blank Tenant Agreement - £75
Basic Credit Check - £50 per applicant
Full Credit Check (Includes Employer Reference and Previous Landlord Reference, if Declared by tenant) - £75 per Applicant
Rent Guarantee and Legal Protection from a Third-Party Company (e.g., Homelet) - Starts from £350 with One Month Excess (Includes Basic Credit Check)
Rent Guarantee and Legal Protection from third party company (e.g. Homelet - Starts from £400.00 without excess (includes full credit check)
Property Inspection/Survey Letter - £100 (Property Visit Required)
Check-In Inventory – from £75 - £200 (Depending On the Property Size)
Check-Out Inventory – from £75 - £200 (Depending On the Property Size)
LANDLORD'S INSURANCE QUOTE
TENANT'S INSURANCE QUOTE
Please contact us with any questions or comments using the information below. We look forward to hearing from you.
Thank you!
