Letting & Management
Full Tenant Find Service
Fee =£450.00, taken from the first month’s rental amount.
Eyelet Property Services Ltd will visit the property to carry out a rental valuation, undertake the advertising and marketing of the property, locate suitable tenants, accompanied viewings, take recommendation from the landlord, referencing, take Rent and Deposit, secure Deposits, arrange and prepare Tenancy Agreements and check Tenant into property. (optional extras) carry out the Inventory , arrange Energy Performance and Gas Safety Certificates
For more details see table above
Full Property Management Service
Fee =£350.00, taken from the first month’s rental amount. Plus =£40.00 per month or 8% which ever is the greater, taken from the first month’s rental amount.
Tailored Management packages can be arranged to suit portfolio individual requirements. Please contact us, if you have any specific requests.
Eyelet Property Services Ltd will visit the property to carry out a rental valuation, undertake the advertising and marketing of the property, locate suitable tenants, always carry out accompanied viewings, take recommendation from the landlord, carry out Tenant Referencing, take rent, secure Deposit, prepare Tenancy Agreements, prepare the Inventory, arrange Energy Performance and Gas Safety Certificates, check tenant into property, collect monthly Rental amounts and transfer funds into the landlords designated bank account, provide quarterly Landlord Rent Statements, carry out regular Inspections and Reports, arrange Maintenance.
Eyelet Property Services Ltd can advertise your property across a number of property websites.
We advertise on numerous portals, including Rightmove, Zoopla, Prime Location and many more. Please contact us for a full list of advertising sites .
All viewings are arranged by appointment, Tenants accompanied at the property.
Comprehensive Tenant Referencing
Eyelet Property Services Ltd, instruct FCC Paragon to carry out a full reference of the Tenants if requested by the Landlord.
Every full reference has the benefit of the following
- Credit history check (which will highlight any CCJ’s & bankruptcies)
- Voters roll confirmation (if the subject is not located on the current voters roll we will ask for proof of address)
- Locate information (which may reveal undisclosed addresses which we can then search)
- Managing agent/landlords reference/s (both current and previous if applicable
- Income reference/s (regardless of whether employed, self-employed, retired)
Administration fees cover the cost of referencing and preparation of all tenancy required paperwork. This is dependent on the number of references to be carried out and preferred deposit option.
TENANTS: No Application Fees apply for tenants applying for one of our rental properties after 1st Jun 2019. Please note that false information given upon application may result in you losing your holding fee.
If you are successful you need to be aware that there may be fees applied for early termination of the agreement, late payment of rent and any damage caused to the property.
The full reference service is available on a 1 hour, 24 hour or 48 hour turnaround (subject to referee availability). Please note there is no charge for overseas applicants however there may be a delay in obtaining references and you will need to make sure you have the right to rent. Any false information given upon application may result in you losing your holding fee. Please contact the agent for more details.
Rent Guarantee Options
Rental Protection: A 6 or 12 month warranty which covers loss of rent up to £3,000.00 per month and legal expenses authorised or incurred by the referencing company, including court costs to obtain vacant possession after non-payment of rent. There is a first months void period before payments to you begin. Full Terms and Conditions available upon request.
Rental Protection+: You can purchase the rental protection as above, with extra cover, to ensure you are covered for the first month of non payment – void period. Full Terms and Conditions available upon request.
Guaranteed Rent: This is a warranty Bond which guarantees rent payments each month while the tenant is residing at the property. “even if the tenant does not pay”. Paragon will pay into the landlord’s designated bank account, the agreed monthly rent, minus the fee. They collect the rent from the tenant each month, so if the tenant doesn’t pay they will recover any costs from them, without jeopardising your rental payments. The service also includes court costs to obtain vacant possession. Full Terms and Conditions available upon request.
Fee for securing with the DPS: £25.00
We can offer a deposit securing service. All deposits will be secured with the DPS deposit Scheme and all tenants will be supplied with a copy of the DPS terms and conditions for their deposit. If you decide to accept a cash deposit from your tenant, then this deposit will be required to be secured within a Registered Tenancy Deposit Scheme.
You can register and secure the deposit yourself or we can do this for you. If you wish to register the deposit yourself you will be required to be present when the tenant moves into the property to sign the neccessary paperwork to confirm receipt of monies from the tenant.
The funds are secured with UK Government approved banks, so for safe, secure and straightforward deposit protection.
- Landlords and letting agents can access online accounts 24/7 and submit deposits in minutes, allowing you to concentrate on doing business, not admin.
- The DPS is the only Government-authorised custodial scheme that is free to use.
- All funds are ring fenced in accordance with client money regulations.
- The DPS is open to all private landlords and letting agents, with no pre-conditions to meet or assessments to take.
- An independent and free Alternative Dispute Resolution (ADR) service will aim to resolve any disputes quickly and without the need for court action.
- The DPS is managed by Computershare Investor Services Plc, a global business with more than ten years deposit protection experience.
- Eyelet Property Services Ltd is awaiting finalisation to become a member of the Client Money Protection Scheme. ARLA PROPERTYMARK
Fee: £0.00 to Landlords / £ minimum payment £280.00 To Tenants
An alternative option to the cash deposit is the Smart Deposit. This is very much a preffered option by many of our current Tenants & landlords. This fee is paid by the tenant, instead of paying a cash refundable deposit.
It is to purchase a warranty Bond, which covers you as the landlord for damages up to the value of 2 months rent and if the tenant vacates without paying the last months rent of the term of the initial tenancy, there is a charge to continue with the non payment of last months rent which is £35.00 per fixed term or 12 months if on a periodic agreement. this will also be covered. Total claim:- whether damages or unpaid rent will only be covered up to the value of 2 months rent and all claims must be over £150 in order to proceed.
Quarterly inspections must be carried out to note any damages along the way and a full inventory must be supplied to the tenant on moving into the property. Fee: To Landlord £100. This fee is non refundable when the Tenant/s vacate. Full Terms and Conditions available upon request.
Buildings Insurance covers the structure of the property and any permanent fixtures and fittings, such as kitchen units and bathroom suites, as well as garages and outbuildings, against insured perils such as fire, lightening, explosion, earthquake, malicious damage, storm or flood, theft, subsidence, and breakage of glass or sanitary ware. £10,000 contents insurance and £2 million legal liability cover are included free of charge, with the option to increase the limits for a small fee.
Contents Insurance covers household goods, furnishings, furniture and carpets, which are contained in the property, and provided for the use of your Tenant against insured perils as above. Contents only cover can also be provided for flats. Loss of rent cover (up to 20% of the sum insured) should the property become uninhabitable following an insured peril is also included. For more details please contact us.
Check In and Out Inventories
This document is crucial for the recording of the condition of the property when each tenant moves in and out of your property. Should there at any time, be any disputes, then this can be referred back to for reference, to assist with any disputes. Without this document, you as a landlord will have no evidence to prove the deterioration of the property or who may be responsible for any damage or dilapidation. All Inventory files are kept on record for 6 years.
Gas Safety Certificates
If you are renting your property out you will be required by law to provide a Gas Safety Certificate to your Tenants. The gas safety check will identify any defects, which require remedial work. You should have a gas safety check every year.
The gas safety check involves a Gas Safe registered engineer visiting your property to inspect your gas appliances. They will check that all appliances in the property are working correctly. They will check to ensure that:
- Gas appliances are on the right setting and burning correctly and have the correct operating pressure
- Harmful gases are not being released from the appliance and are being safely released to the air outside
- There are adequate ventilation routes are these are clear and in a proper working order.
- Safety devices installed are working correctly.
Regular property Inspections are carried out to ensure that the Tenants are happy with their home and to ensure that the property is being well cared for and kept in a clean and tidy condition, without damage. All reports will be sent to the Landlord following each Inspection
We have an excellent team of competitively priced, qualified engineers on board, to provide a quote should you require any maintenance work carried out. You are welcome to use an independent engineer to carry out works required at your property. If this is your choice, please do inform us so that we can update our records.