Lettings

 

Our Aim

 

Our aim is to provide you with the most cost effective and satisfactory solution to meet your property letting needs and expectations.

With over 30 years’ experience within the property letting market, we understand how the market works.

We will make a commitment to you, to look after your property as if it is our own, and we will endeavour to make your property investment work for you.

1st Choice Properties provides three service levels, a tenant find service, a fully managed service and a management plus service to cater for your individual requirements.

When letting a property, the biggest hurdle is finding the right tenant that matches the needs of your property.

We achieve this by assessing your objectives for the property, this will include:

●     Timescales – when you want a tenant for your property

●     Period of rental required for your property

●     How much rent you need to generate each month

●     The type of tenant you’d ideally like in the property

 

To fulfil this, we meet with you personally, and once we understand your objectives, we will then ensure your property is marketed through the most appropriate channels, currently we promote our properties nationwide through the following:

  • Rightmove
  • Zoopla (and all other associated websites)
  • Facebook
  • Instagram
  • Our own dedicated, highly promoted website
  • 1st Choice Properties database, which holds information on tenants actively seeking properties in specific areas who are keen to find a property as quickly as possible.

By using 1st Choice Properties, we will endeavour to help you make sure you find the most suitable candidate for your property.

 

Scale of Fees (Payable By Landlord)

 

Standard Management Fee                                                    
10% Plus VAT of monthly rent

Management Plus Fee incl. rent protection                
12% Plus VAT of monthly rent

Letting Only Service (tenant find)                                              
50% of the first rent due + £350.00 Admin Fee Plus VAT

Tenancy Set-up Administration Fee                                      
£350.00 Pus VAT

Inventory Charge                                                                      
£150.00 Plus VAT

Contract Renewal Fee                                                             
£125.00 Plus VAT

Obtaining estimates and supervision of major works       
10% of cost of work over £500.00

Arranging gas safety check                                                     
£85.00 Plus VAT plus costs

Annual Accounts Admin Fee                                                  
£150.00 Plus VAT

Introduction of tenant to sale of property                       
1% of purchase price Plus VAT

Issuing Notice of Seeking Possession                                    
£100.00 Plus VAT

 

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