Landlord Information
Landlords - Why Choose Litchfields
Our property team has valuable experience in all sectors of the residential property market, from prestigious country houses to rural cottages and town centre apartments.
We offer tailor-made solutions to make letting and management of residential property as easy as possible. Our experienced team specialises in providing a professional and personal service, offering information, help and advice to meet the needs of all landlords.
Our aim is simple: to provide the best possible service, assist you from start to fnish and communicate regularly throughout the whole process – whatever your property matter.
Our unique service, step by step
Free market appraisal
We will provide you with a free market appraisal and advise on any work which may be required to ensure your property attracts quality tenants paying the highest achievable rental figure. We can also advise on steps which may need to be taken to comply with the ‘ever-changing’ rules and regulations prior to offering the property ‘to let’.
Web advertising
Your property will be instantly available on our bang up to date website — www.litchfields.com — with floor plans, photography and location maps. Your details will also be automatically sent to relevant applicants and also loaded onto primelocation.co.uk, rightmove.co.uk and zoopla.co.uk, three of the leading property portals.
Marketing & Advertising
First impressions count and the first thing potential tenants see before they even pass the front door is the photographs of your property. We spend time, use professional cameras and skilled photography to capture the best pictures that will make your home rent quickly. Distinctive ‘To Let’ boards will be arranged by agreement with the Landlord prior to marketing.
Referencing
All prospective tenants are fully referenced by an independent agency, who will check the tenants identity, employment status, credit history and also again references from previous landlords if applicable. Only tenants who pass our vigorous referencing checks and who have been approved by the landlord will be offered the property.
Tenancy Agreement
Your property will be let on an Assured Shorthold Tenancy Agreement usually for an initial 12 month term, which will run on a month to month basis following expiration of the fixed period. Longer and shorter initial terms can be arranged and this can be discussed further with Litchfields if required. The tenancy agreement is an important document and provides the contract between landlord and tenant in which the different responsibilities are explained.
Inventory
We can produce a full Inventory and Schedule of Condition of the property prior to the tenant moving in to record both the condition of the property and anything left in place including carpets and curtains etc. It is essential that an accurate record is taken as this can then be used to compare the condition at the end of the tenancy should a claim against the deposit need to be made. If you are interested in this service please contact us to find out more.
Deposit
Since The Housing Act of 2004 came in to force in 2007, all deposits must be held in an approved Deposit Protection Service. We would collect the deposit, which is usually 5 weeks rent and forward it to the Tenancy Deposit Scheme. The deposit can then be used to off-set charges for breakages/damages or for rent arrears occurring during the term, if required.
Rent Arrears
The agent will inform the Landlord as soon as practically possible of any delay or default on the rent and will make best endeavours to obtain the arrears and advise further action if necessary. Rental income can be guaranteed via certain guarantee policies which we can suggest, if necessary.
Landlord Obligations
The Landlord has a duty under the Landlord and Tenant Act 1985 to keep the property in a good state of repair and to keep all wiring, plumbing, heating electrical and gas appliances provided in safe and good working order. Legislation is continuously changing and Litchfields can keep you upto-date with all necessary obligations that apply.
Our Lettings Packages
9.6% inc vat OF THE FIRST YEARS RENTAL INCOME | 14.4% inc vat OF THE MONTHLY RENT FOR THE DURATION OF THE TENANCY | 16.8% inc vat OF THE MONTHLY RENT FOR THE DURATION OF THE TENANCY | |
---|---|---|---|
Tenant Find | Rent Collection | Full Management | |
Free market appraisal and advice on refurbishment, compliance guidelines etc | ✔ | ✔ | ✔ |
Market the property | ✔ | ✔ | ✔ |
Sourcing suitable Tenant(s) | ✔ | ✔ | ✔ |
Accompanied viewings (where appropriate) | ✔ | ✔ | ✔ |
Collect and remit initial months’ rent received | ✔ | ✔ | ✔ |
Agree collection of any shortfall and payment method | ✔ | ✔ | ✔ |
Deduct any pre tenancy invoices | ✔ | ✔ | ✔ |
Provide tenant with payment details | ✔ | ✔ | ✔ |
Collect and remit the monthly rent received | ✔ | ✔ | |
Deduct commission | ✔ | ✔ | |
Prepare monthly statements to Landlord | ✔ | ✔ | |
Pursue non-payment of rent and advise on rent arrears | ✔ | ✔ | |
Arrange routine repairs and liaise and instruct contractors | ✔ | ||
Hold keys throughout the tenancy | ✔ |
TENANCY AGREEMENT CHARGE OF £180.00 (INC VAT)
This is an additional charge on all of the above services
ARRANGEMENT FEE FOR WORKS OVER £500.00 - 5% (6% INC VAT)
- Arranging access and assessing costs with contractor
- Ensuring work has been carried out in accordance with the specification of works
Please note that in the event that a Tenant introduced by the Agent purchases the property from the owner either in his own name or in the name of a nominee the owner will pay to the Agent a fee of 1% (1.2% INC vat) of the sale price (example if the property sold for £425,000 the fee would be £5,100.00. Such fee being payable on completion of the sale.
Our redress scheme is provided by The Property Ombudsman
Propertymark Conduct & Membership Rules
CMP Certificate