Information for Landlords
As a Landlord you have a number of objectives, but most importantly your property needs to be well looked after and maintained in order to maximise its market potential and to protect your investment.
At Newson & Buck, our experienced lettings agents will help you to maximise your rental return, whilst minimising the stress involved. They will ensure you have all the information you need, including details on Consent to Let and Landlord Obligations.
Our service levels
Service level 1 - Full Management Letting
- Accompanied viewings
- Local newspaper advertising
- Specialist internet advertising including internal photographs
- High profile To-Let boards
- Tenant selection, introduction and referencing
- Right to Rent Checks
- Collection and Transfer of rents
- Detailed Monthly Statement
- Preparation of Tenancy Agreement
- Preparation of photographic inventory and schedule of condition
- Arranging routine repairs and maintenance
- Four monthly property visits and reports
- Arranging the annually required the required safety certifications
- Payment of property related out-goings
- 24 hr Emergency Maintenance call out service using trusted contractors
- Registering the deposit with government scheme
Service level 2 - Let & Rent Collection Service
- Accompanied viewings
- Local newspaper advertising
- Specialist internet advertising including internal photographs
- High profile To-Let boards
- Tenant selection, introduction and referencing
- Right to Rent Checks
- Collection and Transfer of rents
- Detailed Monthly Statement
- Preparation of Tenancy Agreement
- Preparation of photographic inventory and schedule of condition
- Payment of property related out-goings
- Registering the deposit with government scheme
Service level 3 - Introduction Only Service
- Accompanied viewings
- Local newspaper advertising
- Specialist internet advertising including internal photographs
- High profile To-Let boards
- Tenant selection, introduction and referencing
- Right to Rent Checks
- Preparation of Tenancy Agreement
- Preparation of photographic inventory and schedule of condition
More useful information
If a property is leasehold, permission to let may be required from the freeholder. In order to establish this information, the title deeds and original head lease need to be checked. If in doubt, the managing agent should be contacted for the information.
These regulations came into force in 1994 to insure that gas appliances are safely installed and maintained, to avoid the risks of carbon monoxide poisoning. It is the responsibility of the Landlord to ensure that all gas appliances and gas installation pipe work owned by them are checked for safety at least once a year by a GAS SAFE plumber. In addition, accurate records of the safety inspections and any work carried out must be kept. A current safety certificate must always be available for the Tenant prior to them taking occupation of a property.
Faulty equipment can lead to death and a conviction of unlawful killing on a Landlord. Under the regulations, any appliance that does not conform can be disconnected.
Whilst your property is rented, the Tenant is responsible for paying Council Tax. The Landlord is responsible for paying it between tenancies whilst the property is vacant. Any further queries related to this should be directed to your local council tax office: http://www.direct.gov.uk/
This regulation applies to the following soft furnishings: sofas, beds, bed heads, children’s furniture, garden furniture suitable for use in a dwelling, scatter cushions, stretch or loose covers for furniture or other similar items.
The regulations do not apply to: curtains, carpets, bed linen (including duvets and mattress covers).
All furniture manufactured after March 1990 is likely to comply, however if labels are not attached to the furniture, compliance is in doubt and the item cannot be left in the property.
The Electrical Safety Standards in the Private Rented Sector (England) Regulations 2020 require that Landlords have property electrics checked at least every 5 years by a properly qualified person. The electrics must meet standards and Landlords must give their tenants proof of this. We can assist with the arrangement of the certification.
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Table of fees
| Description of fee | Net (Exclusive of VAT) | Monthly % | Gross (Inclusive of VAT) | Monthly % |
|---|---|---|---|---|
| Full Management | Set Up Fee £375 +VAT | 12% | £450.00 INC VAT | 14.4% |
| Rent Collection | Set Up Fee £375 +VAT | 9% | £450.00 INC VAT | 10.8% |
| Let Only Service | Set Up Fee £475 +VAT | N/A | £70.00 INC VAT | N/A |
| Tenancy Reneweal Fee | £90.00 +VAT | N/A | £108.00 INC VAT | N/A |
| Additional Property Inspection* | £50.00 +VAT (per inspection) | N/A | £60.00 INC VAT | N/A |
| Court Attendance (Per Hr) | £50.00 +VAT | N/A | £60.00 INC VAT | N/A |
| Serve a Section 21 Notice (LO) | £60.00 +VAT | N/A | £72.00 INC VAT | N/A |
*Upon owner’s request, please note in the initial first year of tenancy the property will be inspected twice on the managed service.
