Landlord Fees, Contracts and Finance

Standard Fees


Tenant Find: 


One months rent inclusive of VAT. Subject to minimum fee of £399.00 inclusive of VAT 


Tenancy renewals: £50.00 inclusive of VAT (£41.67 + VAT)


Fully Managed :


Set up fee:  60% of first months rent Inc VAT. 


Monthly Commission 9.6% inclusive of VAT (8% + VAT)


Tenancy renewals: £50 inclusive of VAT (£41.67 + VAT)


Other Fees

• Inventory check-in: £50 • Inventory Check Out Fee £50 (deducted from final months rent) Gas Safety Certificate: £50 • Electrical Safety Certificate: £150 • Energy Performance Certificate: £70

Contracts

A tenancy agreement is the contract between landlord and tenant. The quality of the tenancy agreement used can have a direct impact on your ability to make a claim on the tenant’s deposit, to hold them liable for rent, utilities and to ensure any notices are correctly served or received.

For this reason, we can provide you with a standard tenancy agreement but you should take legal advice to check whether it is appropriate for your circumstances.

Rental payments

Our system allows us to transfer rent to your nominated bank account usually within 24 hours of receipt. All transactions are copied to you via email and duplicates can be supplied upon request.

Deposits

The deposit for a let is usually equivalent to one month’s rent. We are legally required to register a deposit for an Assured Shorthold Tenancy every time a tenancy is granted, extended or renewed. Failure to do so entitles the tenant to make a claim against the landlord and the penalty for non-compliance is up to three times the deposit value. For Assured Shorthold Tenancies, the deposit will be registered with www.depositprotection.com Landlords and lettings agents who take a deposit in England and Wales must protect it within 30 days of receiving the money from the tenant.

Edwards Rentals offer comprehensive management or lettings only service which is outlined below.


Edwards Services

Property Management Service

Letting Only Service

Rental Assessment

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Comprehensive marketing to find a suitable tenant

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Accompanied Viewings

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Obtaining tenant references & identity verification

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Preparation of tenancy agreement

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Pre-tenancy safety checks

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Inventory Check In

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Collection of rent

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Transfer of Utilities

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Keyholding service

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Arrange payment of outgoings

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Arrange quotes, repairs & maintenance

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Access to panel of vetted contractors

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Property Inspections

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Compliance Advice

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Managing the Check Out Process

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Deposit claim negotiation, compilation & submission

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"Sound advice and excellent communication"

I was absolutely delighted to receive a superb, professional service from Edwards. Sound advice and excellent communication made me confident that the marketing and sale of my property was in very good hands. Many thanks to Deidre Golding and her team for bringing that about successfully. I would not hesitate to recommend Edwards to any potential sellers!

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Karis McGuire

"I have no hesitation in recommending Edwards"

All the staff were very helpful and eased what could have been a difficult sale. They were all very professional and I have no hesitation in recommending Edwards to other sellers!

Mrs Middleton May 2019

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I R Middleton

"Several buyers for it within a few days"

Because of the great service we received when buying through them, I didn't hesitate to entrust the sale of my late mother's property to them. Communication was great throughout and they had several buyers for it within a few days. They were able to secure a good price and the whole process was seamless!

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D Wolfenden

"Sold our house very quickly"

Very happy with every aspect of Edwards' services. Helpful, efficient and sold our house very quickly, making the house selling process a lot less stressful!

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Kathryn Bridge

"The difference in service levels was amazing"

An excellent service from start to finish. Everyone we dealt with was very professional and wanted to do a good job for us. We had been with another Bolton agent and the difference in service levels was amazing!

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T Hatton