We will visit the property to ascertain its true value, provide advice on potential rental income and use our local knowledge to appraise current market conditions.
We will craft engaging advertisements that will position your property in front of millions of potential tenants on the UK’s leading property portals, as well as via leading social media channels to further benefit exposure. And to ensure your properties potential is maximised we will have professional photographs taken.
We will manage enquiries, schedule viewings and attend the viewings on your behalf. We will work out of office hours, so are available to manage and attend viewings up to 7 pm, as well as at weekends
We will keep you up to date regarding viewings and provide all relevant information on the prospective applicants. We will also offer advice and guidance in deciding which tenant to accept.
We are committed to putting in place the necessary checks to safeguard your investment. We provide a full referencing service which requires bank statements, pay slips, guarantor check (if need be) and employer references. We will also perform full credit checks and provide legally binding contracts.
We understand the importance of correctly managing your property, so your investment isn’t jeopardised, but is maximised. As well as providing a fully managed or let only service, we are on hand to offer our experience and advice in managing all aspects of the entire tenancy, from start to finish. Benefits include the creation of professional inventories and access to a bond dispute service.
| SERVICES | FULLY MANAGED | LET ONLY |
|---|---|---|
| Free Marketing | ||
| Free Valuation | ||
| No Let, No Fee | ||
| Finding a Tenant | ||
| Obtaining References | ||
| Legal Documents | ||
| Collection of Rent | Collection of 1st Month’s Rent | |
| Key Holding Services | Until Contract Start Date | |
| Arranging Maintenance | We’ll Recommend Reputable Contractors | |
| 24 Callout Service | ||
| Check-in Service | ||
| Check-out Service | ||
| Gov’t Approved Tenancy Deposit Scheme | Gov’t Approved Tenancy Deposit Scheme | |
| Organising Certificates (EPG, etc) | ||
| Inventory | ||
| Transfer of Utilities | ||
| Monthly Electronic Payments | ||
| Periodic Inspections | ||
| Rent/Deposit Collection | First Month Collection (no transfer) | |
| Contract Renewal | ||
| Monthly Fee | 12.5% of monthly rent + VAT | |
| Initial Setup Fee |
75% of the first month's rent. Min. fee £60 + vat (£72.00 or 90% inclusive of VAT) |
|
| Tenant Finding Service | 75% (or 90% inclusive of VAT) of the first month's rent. | |
| VAT |
To work out the total price at the current standard rate of VAT (20%), multiply the original price by 1.2. Example Rent £1000 pcm fee of 75%+ vat is £900 inclusive of vat for a set up fee. |
|
| EPC | £100.00 + VAT (£120.00) | |
| Inventory Fee | £100.00 + VAT (£120.00) | |
| Renewal of occupational contracts | £75.00 + VAT (£90.00) If no rent variation. If an RHW12 Rent Variation notice needs to be issued alongside the renewal contract the total cost would be £100 + VAT (£120.00) | |
| Gas safety | This is charged at £75 + vat. (£90.00 inc vat) | |
| Heat & Smoke Alarms | I/we understand that under new legislation that is the landlords responsibility to make sure all heat and smoke alarms are not only hardwired, interlinked and in date. | |
| 5 year annual EICR | I/we understand that under new legislation that is the landlords responsibility to make sure that a 5 year annual EICR test is conducted and is also known as conducting a PIT 'periodic inspection and testing' which has replaced PAT testing. Should an EICR test be required it is £150 + vat (£30.00). £180.00 inc vat. This must be completed and passed prior to a tenant (contract holder) moving in. | |
| End of Tenancy Checkout | A check out must be conducted by a 3rd party at the end of the tenancy and is chargeable at £50+vat (£60.00) £50 + £10) this must be conducted by an impartial 3rd party for DPS fairness guidelines. | |
To learn how BCL are regulated and all reputable agents (as well as landlords) are required to adhere to good practice and the law, please click on the Rent Smart Wales logo to find out more.
To learn more regarding our competitive fees.