A LANDLORD’S GUIDE TO

THE RESIDENTIAL LETTING AND

PROPERTY MANAGEMENT SERVICE

Deciding which Agent to instruct to let your property can for some Landlords be a very daunting thought.

As a homeowner or Investment Landlord who has taken care and pride in their property, you want to ensure that your Letting Agent will find Tenants who will continue to maintain the property to the highest possible standard as well as pay their rental on time and in full.

At Marchand Petit Residential Letting and Property Management we have a careful selection process of all Tenants. As an independent company we take a personal interest in providing you with the best possible service.

Our Staff have an in-depth knowledge of both the Letting market, to achieve the best possible rent for your property, and the technical know how to oversee and manage your property for a hassle free term of tenancy.

Furthermore, for our Management Plus fee we can provide you with extra peace of mind.  The special rental warranty scheme (rent guarantee policy) assures you that whatever happens to your Tenant(s) the rental will always be paid (subject to terms and conditions of an insurance policy).

Whatever your needs, whether you are unable to sell your existing home or are an investment Landlord professionally involved within the property market, we are sure to have the answer for you.  Our specialist rental valuers and management team are always at hand to provide you with advice at all times as well as securing you the correct Tenant for your property.

Upon receipt of your written instructions of our Letting and Management Terms and Conditions of Business and indication of which service you require, we will immediately prepare full property particulars of your property for general marketing and circulation to our prospective Tenants via the window display, our listings pages and on our web site. We will also advertise your property in the property pages of the local and national press, At Home and South Hams Magazines (subject to conditions).

THE SERVICES

LETTING SERVICE (Introduction of Tenant(s) Find Only)

-           Prepare particulars of the property and rental value.

-           Marketing the property for Letting.

-           Obtain full references / credit checks on all prospective Tenants.

-           Inform the Landlords of Safety Regulations to adhere to.

-           Prepare the Tenancy Agreement and relevant notices.

-           Collect the first month’s rental in advance.

-           Collect a security deposit/Bond.

-           Advise the Tenant(s) of the procedures for registering with the appropriate domestic services.

-           Prepare an Independent Inventory (optional). [Not included in the Managed Service fee].

-           Check the Tenant(s) into the property (optional).

LETTING & RENT COLLECTION

 (In addition to the Letting Service)

-               Make arrangements for the collection of the rental.

-               Prepare monthly statements.

-               Chase late rents.

-               Check the Tenants out of the property (optional).

FULL MANAGEMENT

(In addition to the Letting and Rent Collection Service)

-           Arrange for any property maintenance and repairs as per your instructions (subject to Terms of Business).

-           Carry out Quarterly property visits at Landlords request and report to the Landlord (optional)

-           Liaising between Landlord and Tenant.

-           Supervise that the Tenant(s) comply with the Terms of the Tenancy Agreement signed.

-           Review rental values and renewal of tenancies.

-           Arrange for checkout of the Tenant at the end of the Tenancy (optional).

MANAGEMENT PLUS - RENT GUARANTEE SCHEME

 (In addition to the Letting, Rent Collection and Full Management Service - Subject to an Insurance Policy)

 This ‘peace of mind’ service will provide the Landlord with that extra security should there ever be any shortfall of rent or the Tenant breaches their tenancy obligations and leaves the property with outstanding rent due.

The rental can be fully protected through a rent guarantee insurance policy, which will be activated for you at the start of the tenancy. This will be provided free of charge by Marchand Petit Residential Lettings and Property Management for a period of 6 months. There after it is the Landlords responsibility to renew the policy.

Details of the Rent Guarantee Scheme (insurance policy) are available at request.

Note: The rent guarantee scheme is subject to the conditions set out in our Terms and Conditions of Business and insurance policies.

If you would like any further assistance or advice please do not hesiate to contact the Lettings Section on 01548 855599.