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Wednesday, 10 March 2010

Featured Property

Landlords & Sellers
Letting Property:

We offer three different types of lets for landlords, these are;

1. Straight let

With a straight let our only role is to find suitable tenants, prepare contracts, carry out referencing check and complete an inventory.

The fee charged for a straight let is 10% of the yearly rent on a One year contract and 8% on a six month contract, plus V.A.T.

2. Management
Under a management let, we collect rent on behalf of the landlord as well as reporting any maintenance problems to the landlord, and if instructed, we also take care of any maintenance problems.

The Fee charged is identical to the straight let as 10% of every month rent, as well as this there is also a charge of two weeks rent plus V.A.T which covers finding the initial tenants, preparing and completing contracts, collecting the referencing and carryout inventories.

3. Committed ( Rent Guaranteed Scheme)
With our rent guaranteed scheme, we take the property on a lease varying from One to Five years, whereby an agreed amount of rent is guaranteed for the duration of the lease whether the property is vacant or dormant.

Property Sales:

With sales of residential or commercial property we have two types of agreements that vendors can choose from, which are;

1. Sole Agent Agreement
This is simply where the vendor(seller) signs a contract only with us as the only agent selling the property. The fees charged as a sole agent is 1.5%

2. Multi-Agent Agreement
With multi-agent agreements the vendor can have his/her property for sale with more than one agent. Fees are charged at 2.5%