- Advertising the property in relevant newspapers and through
our Availability Property List
- Accompanying viewings at the property at pre arranged times
with the prospective tenant and whoever is occupying the property.
- Negotiating an agreeable rent between a prospective tenant
and the landlord
- Collecting information from a prospective tenant through our
tenancy application form
- Collecting references from information supplied and running
a detailed credit search on the prospective tenant.
- Compiling sufficient information for us to make a judgement
as to whether to proceed with the tenancy.
- Offering our recommendation to the landlord as to whether to
proceed with the tenancy.
- Preparing and serving the appropriate legal tenancy agreement.
- Collecting the first month’s rent, deposit and other
associated fees prior to the signing of the tenancy agreement.
- Overseeing the implementation of the tenancy agreement.
- Distributing the monies due to the landlord following the signing
of the tenancy agreement.
- Serving the relevant notice and informing the landlord and
the tenant of the end date of the tenancy agreement.
- Negotiating any increase in rent or other term of the tenancy.
- Signing a new tenancy agreement at the revised rent for the
new period
This service is usually used by those landlords
who are happy to collect the rent and deal with any ongoing maintenance,
credit control and general challenges with the tenant direct.
This service is offered to landlords who
also enjoy some involvement in the management of their own property.
Our service includes:
- Advertising the property in the relevant newspapers and through
our property availability list.
- Accompanying viewings at the property at pre arranged time
with the tenant and whoever is occupying the property.
- Negotiating an agreeable rent between a prospective tenant
and the landlord.
- Collecting information from a prospective tenant through our
tenancy application form.
- Collecting references from the information supplied and running
a detailed credit search on the tenant.
- Compiling sufficient information for us to make a judgement
as to whether to proceed with the tenancy.
- Preparing and serving the relevant legal tenancy agreement.
- Collecting the first month’s rent, deposit and other
associated fees prior to the signing of the tenancy agreement.
- Overseeing the implementation of the tenancy agreement.
- Distributing the monies due to the landlord following the signing
of the tenancy agreement.
- Collecting the rent and dealing with the credit control attached
thereto on an on-going basis. The Rent Collection Service will
give landlord’s piece of mind up to court action. Legal
representation can be obtained through Holden Heal Property Letting,
the cost of which is outlined later in this brochure.
- Processing the rent and paying to the landlord promptly each
month.
- Serving the relevant notice and informing the landlord and
the tenant of the end date of the tenancy agreement.
- Negotiating any increase in rent or other term of tenancy.
- Signing a new tenancy agreement at the new revised rent for
the new period
Holden Heal Property Letting have tailored
this package to offer landlords all of the benefits of the Gold
Service but with added advantage of rent and legal guarantees.
With the platinum service we offer:
GUARANTEED RENT
throughout the duration of the tenancy when the tenant is unable
to pay and until vacant possession is obtained. ( subject to 60
days arrears)
LEGAL COSTS
We guarantee the landlord’s legal costs and expenses including
court costs and the advice of a solicitor should there be a breach
of the tenancy agreement by the tenant.
The Platinum Package offering rent and legal fee
guarantee is only available subject to the terms and conditions
of the Platinum Package as set out in the Platinum Package terms
and conditions leaflet. A copy of this leaflet is available on request.
- Advertising the property in relevant newspapers and in our property
availability list.
- Accompanying viewings at the property at pre-arranged times
where required with prospective tenants and whoever is occupying
the property.
- Negotiating an agreeable rent between the landlord and the
tenant.
- Obtaining relevant information on the prospective tenant through
our tenancy application form.
- Applying for and receiving suitable references from the prospective
tenant.
- Preparing and serving the relevant legal tenancy agreement.
- Collecting the rent, deposit and fees due from the tenant to
the landlord and the agent and dispersing the same
- Collecting the rent and dealing with the credit control attached
thereto on an on-going basis.
- Processing the rent and paying to the landlord promptly each
month.
- Dealing with any problems identified by the tenant regarding
the property.
- Confirming instructions where necessary with the landlord and
acting on those instructions with regard to maintenance and general
matters and management of the property.
- Regular updates and advice on changes in legislation
- Any other matters pertaining to the property or the tenancy.
- Maintenance and implementation of regular servicing of gas
appliances to comply with the Gas Safety Installation and Use
regulations 1994.
- Advice on fixtures and fittings to be compliant with the Fire
& Furnishing Fire Safety Regulations 1988 and the Fire and
Furnishing Fire Safety Amendment Regulations 1993.
The Platinum Package, until recently, was the
market leader in guaranteed rent schemes and still offers an exceptional
level protection for the landlord on both rent and legal fees. This
package will cover you against any rent arrears until vacant possession
is obtained. It will also cover the landlord for legal expenses,
should the tenant breach the tenancy agreement in any way.
The Platinum plus package has been designed
to give you a guaranteed rental income whether or not you have a
tenant.
HOW CAN WE ACHIEVE THIS?
We can achieve this by paying you 60% of the pre-agreed full monthly
rental. The minimum term available for this scheme is two years.
HOW DOES THIS BENEFIT ME, THE LANDLORD?
By removing the delay of agents finding initial tenants and removing
the worry of empty months between tenants.
WHEN CAN WE EXPECT PAYMENT
Payment will commence 30 days after vacant possession or 30 days
after initial instruction if property is vacant at the time of instruction.
ARE THERE ANY OTHER COSTS?
The only other costs involved in this unique scheme are £40
legal fees. We can prepare and serve an inventory and schedule of
condition at an extra charge, the cost of which will be outlined
later in this brochure. Landlords who chose the platinum plus service
will also benefit from a fully managed service similar to the platinum
service.
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SILVER SERVICE
1. A one off fee of 75% of the first months rent
subject to a minimum fee of £250.00
2. 195.00 Registration fee which includes a full
inventory, schedule of condition, meter readings from the property,
informing all utility companies of the change in occupant, three
monthly inspections and a final inspection of the property when
the tenant vacates
GOLD SERVICE
1. 10% of the monthly rental income to include
rent collection only.
2. £195.00 Registration fee which includes
a full inventory, schedule of condition, meter readings from the
property, informing all utility companies of the change in occupant,
three monthly inspections and a final inspection of the property
when the tenant vacates
PLATINUM
1. 15% of the monthly rental income to include
rent & legal fee guarantee, 12% if rent and legal guarantees
are not required.
2. £195.00 Registration fee which includes
a full inventory, schedule of condition, meter readings from the
property, informing all utility companies of the change in occupant,
three monthly inspections and a final inspection of the property
when the tenant vacates
THE PLATINUM PLUS PACKAGE
1. 40% of the monthly rental income from the property
whether or not you have a tenant.
2. £40.00 legal fees for the preparation
and serving of an Assured Shorthold Tenancy Agreement.
3. Tenancy renewals for fixed term or periodical
tenancies for a managed & tenant introduction only properties
will be charged at the rate of £40 plus VAT
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The Management Service includes:
- Pay appropriate expenditure from rental income/float monies.
- Carry out routine visits and report to owner with photographs
of the condition of the property supplied on an annual basis.
- Address maintenance issues.
- Lodge and progress any relevant insurance claims.
- Arrange cleaning and repair works arising from the end of the
Tenancy.
- Arrange for cleaning and repairs on a change of tenancy.
- Dedicated Property Manager to oversee your Property through
the property’s letting cycle. In addition to the services
above Holden Heal will:
- Arrange and co-ordinate redecoration, refurbishment and repair.
- A comprehensive range of services designed to meet Landlord’s
requirements including insurance services.
Holden Heal Property Letting will manage
property let by another party or whilst your property is empty.
Holden Heal Property Letting are pleased to
be able to offer a unique Post Sale/Pre Let Service. It is designed
to assist in the smooth progression of your property from acquisition
to completion. Whether you are an investor, or a oversees client
or simply too busy to get involved with the practical issues, such
as arranging insurance, utilities and property presentation. All
of which are very important to ensure that the property is correctly
presented for the rental and in turn secure a tenant.
- Bi-monthly photographic update of the development, as well as
a résumé of the current market.
- Thorough on site inspection upon completion to ensure any practical
problems are addressed.
- Take correct meter readings and arrange transfer of utilities
to the new owner
- Organising key cutting where necessary
- Informing the freeholder’s managing agents of the change
of ownership
- Arrange for the appropriate contents insurance
- Arrange for the property to be cleaned prior
to the Tenancy.
This service takes the “hassle”
away from the Landlord; it assists in preparing the property ready
for letting, should they not take up our Property Management Service.
The pre let service includes:
- Pre-tenancy clean
- Fire and Furnishing
- Gas Safety Record
- Insurance
- Inventory List
- Appliance Check
- Electrical Report
This service has been designed to assist
our clients in furnishing or completely refurbishing their property.
Furnishing and Refurbishment Service
includes:
- Complete redecoration – from arranging just one room
to a complete property
- Complete furnishing of the property – ranging from one
item of furniture to the furnishing of the entire property
- Arranging for linen, kitchen pack etc for the property
- Arrange additional accessories for example lamps, pictures
We provide a very specialised service to
landlords and recognise that, since we do not give tax advice, you
may use other advisors in the wider planning and administration
of your financial affairs. We are happy to work with other professionals.
Finding the right property for rental investment can be a time consuming
and frustrating experience. We have designed a Complete Residential
Investment Package (CRIP) to assist in identifying a suitable investment
property. The CRIP is designed to help investors through every stage
of the acquisition process and to ensure that the purchase, letting
and future management is carried out professionally and efficiently.
- Advice and information on the current RENTAL MARKET.
- SOURCING potential properties.
- Preparing FINANCIAL APPRAISALS on each property.
- Advice and arrangement of appropriate FUNDING
packages.
- Advice on suitable ownership schemes for TAX
purposes.
- Advice and supply of appropriate FURNISHING
packages.
- Full residential LETTING service.
- Full tenancy MANAGEMENT service.
For full details please contact
The Investment Department
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If, in the event that you are not
satisfied with the service offered by the staff of Holden Heal Property
Letting, we are always happy to listen to the complaint which will
be dealt with by Nick Heal.
We pride ourselves on our prompt and efficient response time and
always welcome comments or criticism from our clients. We aim to
offer the highest possible standard of service and endeavour to
keep our client informed as best as possible.
Trading Name: Holden Heal Property
Letting
Holding Company: Westlea Services (2002) Limited
Registered Number: 4417750
Directors: Mr N Heal, Mrs D Holden
Accountants
L.H Block
17 St Peters Terrace
Lower Bristol Road
Bath
Bankers
Barclays Bank PLC
Bath Business Centre
Manvers Street
Bath
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