Landlord Information
Letting and management
Rathods will endeavour to advise you on a rental assessment of your property, which will be given in good faith reflecting current market conditions.
You should (within reason) make sure that repairs and maintenance issues raised by the agent are complied with before preparations are made of the intended letting.
You should ensure that you comply with the tax position for the rental property.
We will prepare a full inventory / schedule of the intended rental property.
We are members of ARLA, OEA Scheme and subscribe to the code of practice for Letting Agents.
All deposits are sent to the Deposit Protection Scheme (DPS), safeguarding the tenancy.
Rent reviews
Rathods act for both Landlords and Tenants with regards to rent reviews.
Tenants rents are reviewed after a 12 month period into the tenancy agreement to fall in-line with the current market conditions.
Landlord Fees Schedule
| Service |
Let Only (incl. VAT) |
Fully Managed (12% including VAT) |
|---|---|---|
| Set up fees | £660.00 | £594.00 |
| Agree the rental value | ||
| Market the property and advertise on relevant portals | ||
| Erect To Let board outside property | ||
| Carr out accompanied viewings | ||
| Tenant References | ||
| Tenancy Agreement | ||
| Guarantor if required | ||
| Tenant Check-In | ||
| Written and photographic inventory | ||
| Collect and remit initial month's rent and deposit | ||
| Deposit Administration | £60 | |
| Rent collection | ||
| Register tenant with relevant utility providers | ||
| Management of arrears | ||
| Arrange routine repairs and instruct approved contractors | ||
| Email monthly statements | ||
| Online transfer rent | ||
| Final inspection when tenants move out | ||
| Quarterly inspection and report supplied to landlord | £48 | |
| EPC Certificate | £120.00 | £120.00 |
| Gas Safety Certificate | £80.00 | £80.00 |
| Electric Certificate | £120 for inspection only | £120 for inspection only |
| Tenancy renewal fee | £120.00 | |
| Tenant eviction cover only for 12 months of tenancy | ||
| Guaranteed rent | ||
| Annual Accounts Statement | ||
| Tenancy Notices | ||
| Dealing with eviction proceedings | ||
| Court attendance | ||
| Deposit, disputes and damages | ||
| Preparation of new tenancy | £450.00 | £475.00 |
Should the landlord decide to withdraw from our services midterm then the landlord will pay equal to one month’s rent as a withdrawal fee.
The landlord must ensure to inform the HMRC of their tax liability, as the agent takes no responsibility.