Landlords

INFORMATION AND FEES, FOR LANDLORDS 

 

Letting your existing property or investing in a property to let is always a big decision. At Aston Gray, we let properties in all areas of all sizes and styles. We are confident we can find quality tenants for all our Landlords. As an agent regulated by the Property Ombudsman, Landlords can be assured that all aspects of the process are conducted in a professional, efficient and transparent manner that complies with current legislation.

 

Our 3 levels of service allow you to choose your level of involvement in the process. 

 

All 3 levels of service include: 

 

  • Initial market appraisal.
  • Advice on presentation.
  • Co-ordinating professional photographs and floorplan.
  • Arrangement of legal safety checks if required.
  • Full marketing on Rightmove, Zoopla and our own bespoke website.
  • Accompanied viewings.
  • Submission and reporting of references.
  • Arranging of inventory where required.
  • Allocation of initial monies
  • Collection of security deposit.
  • Arrangements for future rental payments.
  • Arranging for cleaning of house, carpets, and ovens if required.
  • Annual rent review
  • Renewal Administration

 

Let Only Service 

Providing experienced Landlords with fully credit searched and referenced Tenants, tenancy agreements and standing order mandates. We recommend this service to experienced ‘professional’ Landlords who have the time, resources and experience to deal directly with Tenants on all issues that arise from letting including emergency call-outs, faulty appliances, lost keys etc.

 

Rent Collection 

Our Rent Collection Service is designed for Landlords who would like some involvement in the letting of their property and who have the time, resources and trade contacts to manage the day to day maintenance themselves but do not want to deal with the rent collection or accounting. 

 

This service includes: 

 

  • Monthly rent payments by BACS directly into your nominated account. 
  • Itemised monthly rent account statements. 
  • Holding of the security deposit (please note that at the end of the tenancy it is the Landlord’s responsibility to agree with the outgoing tenant, any deductions to the deposit before it is returned). 
  • Arranging for a checkout inventory/schedule of condition where required. 

 

Full Management 

Our Full Management Service covers all aspects of the letting and management of your property and is tailored for Landlords who may live out of the area, or do not wish to have any direct involvement with their Tenant. 

In addition to the services provided under Let Only and Rent Collection. 

 

Full Management includes: 

 

  • All queries, correspondence, and calls from Tenants come directly to us. 
  • Dealing with all maintenance issues (including supervising works and settlement of contractor invoices from rent collected). 
  • Organisation of yearly legal checks such as Landlord’s gas safety certificate. 
  • Quarterly inspections.
  • Informing utility suppliers and council offices of incoming/outgoing Tenants.
  • Online maintenance reporting technology for tenants.
  • Rental statements accessible online

 

 

SUMMARY OF SERVICES AT A GLANCE 

 


Let Only

Let Only / Rent Collection

Full Management

Comprehensive Marketing

Professional Photos

Floorplan

Finding a tenant

Organising relevant Certificates

Arranging Check ins/Check out

Allocation of initial monies

Renewal Administration

Annual Rent review

Monthly rent collection


Arrears management


Monthly rental Statements


Annual Statement of rent


Transfer of Utilities



Council Tax Registration



Quarterly inspections



Arranging repairs



Co-ordinating Maintenance



Processing contractor payments



24 hr emergency maintenance line



Keep securely a set of keys



Online technology for tenant maintenance reporting



 

For further information please contact us.


Landlord Fees

All fees are inclusive of all taxes where applicable.

Fees are expressed as a % of the total rent due under the tenancy. Let Only fees and let only/ rent collection are payable fully in advance and Full Management Service fees are paid 50% in advance and 50% monthly. The minimum fee is the greater of £500  or the fees quoted below.

 

Service Options

 

Let Only Service

6%

inclusive of VAT where applicable

Let Only and Rent Collect Service

7%

inclusive of VAT where applicable

Full Management Service

9%

inclusive of VAT where applicable

 

Start of Tenancy Fees 

All Fees are inclusive of VAT where applicable

Tenancy Set-up Fees: £250 per tenancy. Referencing for up to 4 people (ID checks, Right-to-Rent check, financial credit checks, obtaining references from current or previous employers / landlords and any other relevant information to assess affordability) as well as contract negotiation (amending and agreeing on terms) and arranging the signing of the tenancy agreement.

 

Additional Referencing Fees: £30 per person. 

Aston Gray does not charge fees for the following:

Organising Gas Safety Certificates, EPCs, cleans, electrical testing, Inventories or key cutting,(relevant contractor fees apply).

Registering a deposit

Renewal Administration 

Handling deposit disputes/claims 

Landlord withdrawal pre-move-in  

 

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