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Let Only [LO] | Tenancy Management [TM] | Full Management [FM] | Investment Portfolio Management [IPM] | |
Agree the market rent and find a tenant in accordance with the Landlords instruction | Y | Y | Y | Y |
Advise on current market conditions and preparation of the property for Letting | Y | Y | Y | Y |
Prepare property details, market the property and advertise on relevant portals | Y | Y | Y | Y |
Conduct accompanied viewings | Y | Y | Y | Y |
Negotiate offers | Y | Y | Y | Y |
Reference and financial checks | Y | Y | Y | Y |
Erect board outside the property | Y | Y | Y | Y |
Collect and hold the deposit as stakeholder in our client account | Y | Y | Y | Y |
Register deposit with the tenancy deposit scheme where appropriate | Y* | Y | Y | Y |
Collection of the First months rent and deposit | Y | Y | Y | Y |
Tenancy Agreement Prepared and Submitted | Y | Y | Y | Y |
Contact Landlord & Tenant prior to the end of the tenancy to discuss renewal or termination | Y | Y | Y | Y |
Negotiate renewal, prepare and submit documentation | Y | Y | Y | Y |
Provide tenant with a method of payment | N | Y | Y | Y |
Receive and remit rent | N | Y | Y | Y |
Discuss non-resident tax status and HMRC (if relevant) | N | Y | Y | Y |
Prepare regular statements | N | Y | Y | Y |
Operate rent arrears process should rent not have been received | N | Y | Y | Y |
Provide advice on rent arrears actions | N | Y | Y | Y |
Liase with utility suppliers | N | N | Y | Y |
Hold keys throughout the tenancy | N | N | Y | Y |
Retain a working fund and deal with day to day management | N | N | Y | Y |
Arrange routine repairs and instruct approved contractors | N | N | Y | Y |
Approve supplier invoices | N | N | Y | Y |
Arrange gas safety record, electrical installation condition report and portable appliance testing | N | N | Y | Y |
Arrange pre-tenancy cleaning | N | N | Y | Y |
Investigate matters relating to the property | N | N | Y | Y |
Visit the property at least twice per annum and notify Landlord of outcome | N | N | Y | Y |
Ensure compliance with Houses in Multiple Occupation legislation (where applicable) | N | N | Y | Y |
Provide a property management emergency out of hours service | N | N | Y | Y |
Agree the check out date and time with tenant | N | N | Y | Y |
Instruct Inventory provider to prepare and check inventory with tenant | N | N | Y | Y |
Negotiate with Landlord and Tenant any disbursement of the security deposit | N | N | Y | Y |
Return deposit as agreed with Landlord and Tenant to relevant parties | N | N | Y | Y |
Remit any disputed amount to the Tenancy Deposit Scheme for final adjudication | N | N | Y | Y |
Unprotect security deposit | N | N | Y | Y |
Redbrick Directors’ Weekly Market Insights | N | N | N | Y |
Presented with Off-market Investment Opportunities | N | N | N | Y |
Recommended Tax Specialist | N | N | N | Y |
Specialist Portfolio Insurance | N | N | N | Y |
Annual Portfolio Valuation | N | N | N | Y |
One dedicated contact across your Portfolio | N | N | N | Y |
Specialist Portfolio Finance Recommendation | N | N | N | Y |
Complimentary R.E.D. Membership | N | N | N | Y |
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