Finding
the tenants:
Properties available to rent through Smiths Estate Agents
are advertised in the Tamworth Herald every Thursday, at no
cost to the landlord, they are also shown on our website www.http://www.tamworth-homes.co.uk.
Properties available to rent are also advertised on the Residential
Lettings Board inside Smiths Estate Agents and a list of these
are also available in our premises to give out to anyone enquiring
about rental properties.
Prospective tenants are required to
provide Smiths Estate Agents with references from their bank,
employer and previous landlord (where appropriate) to assess
their reliability and capacity to meet rental payments. A
credit check is also used to assess tenant suitability.
Tenancy Agreements:
Smiths Estate Agents will arrange the
drawing up of tenancy agreements. Both Tenants and
Landlords will be provided with copies of these agreements
to read and sign at the beginning of each new tenancy.
Our fees:
Smiths Estate Agents charge £175 plus VAT, which is
deducted from the first month’s rent. We also charge
a management fee of 10% plus VAT of the monthly rent.
For a tenant find only, including getting
references and seeing the tenant into the property our fee
is £250 plus VAT. Also,
if you have yet to register with the Tenancy Deposit Scheme
as an independent landlord we are able to hold a deposit on
your behalf for £30 plus VAT.
Our Services:
We offer a free, no obligation, valuation
service to assess a suitable rental price PCM for the landlord’s
property.
If provided with a key to a property
that is vacant, we are able to organise and carry out viewings
with prospective tenants. If
existing tenants are soon to be leaving, but are still in the
property, we are able to arrange suitable viewing appointments
for new tenants with them. If required, a representative
from Smiths Estate Agents can be present at these viewings.
Smiths Estate Agents will contact all the utilities and the
appropriate council to move tenants in and out of a property.
A full inventory is drawn up for rental
properties, listing any furniture, carpets, curtains and
light fittings. A
copy of this will be provided to the tenants and the landlord.
Any tenant queries will be dealt with
through Smiths Estate Agents. We will notify the landlord
when these queries arise.
Any routine repairs needing to be carried
out on the property can be organised by Smiths Estate Agents. We can provide
landlords with quotes, and the work would not be undertaken
until we have been given authorisation from the landlord to
proceed. Payment for any work done on this basis can
be paid in arrears. Once the invoice has been received
by Smiths Estate Agents, we will then deduct the payment from
the next rental money we pay to the landlord. This
payment would be shown on the monthly statement sent to the
landlord along with a copy of the paid invoice.
We can also arrange certain refurbishment works for which
a charge of 10% plus V.A.T of the cost will
be payable.
Routine rental inspections are carried
out on rental properties every few months to ensure the upkeep
of the property by the tenants is in order. The landlord
will be notified by letter when these inspections have been
carried out.
Finally we hold tenants bonds under
the Tenancy Dispute Scheme. For
managed properties this is free of charge but if required we
can hold bonds for tenant find only landlords at a fee of £30
plus V.A.T.
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