Landlords: The Letting Guide
Our Key Skills
- Arla trained management and staff
- Latest technology software incorporating ALTO marketing system
- Equally assisted technology with interactive management package
- Extensive property portfolio
- RICS insurance and Client Money Protection
- Property Redress Scheme
- Competitive fees
Specialists in Lettings
At Jordan Fishwick, we pride ourselves on being specialists in our industry and are confident we can let your property quicker than anyone else. We provide a full lettings and management service, giving you peace of mind and reassurances that your property is managed by qualified letting professionals.
All of our highly trained staff aim to keep our clients regularly informed about changing housing legislation and our tenancy agreements are regularly updated to encompass current practices and procedures.
Dedicated Lettings Team
Our dedicated lettings teams are trained under the Propertymark standards and have all the necessary information and knowledge at their fingertips. We are committed to offer the highest levels of care and attention, ensuring your property is let quickly and that the tenancy runs as smoothly as possible. We continually strive to provide a quality service, working closely with private landlords and corporate investors alike.
High Profile Marketing
We invest heavily in marketing and have a recognised and respected brand. You can be assured your property will be extensively marketed, minimizing the time in which it remains empty and maximizing its potential. As well as our ‘to let’ boards, website, and local advertising, we keep a database of tenants currently looking for somewhere to live. Our branches are located in the hub of communities and we have excellent contacts with local employers, companies, relocation agents, football clubs, and football agents who provide high-quality tenants. Daily sms text messaging and email bulletins are sent to all applicants that match the criteria of your property, while traditional phone outs are carried out daily to ensure greater exposure of your property.
Comprehensive Tenant Referencing
Once a potential tenant has been found for your property, they will undergo extensive referencing through one of the UK’s leading referencing agencies, Homelet. Homelet will check each tenant for financial ability and affordability, along with employment references, previous landlords reference and fraud checks, using the most advanced technology available. An acceptable reference will give you the benefit of access to comprehensive rent protection and legal expenses if your tenant fails to perform. (Fees apply).
Full Property Management Service
Our property management staff are regularly trained to keep them abreast of developments in the law affecting lettings and specifically to protect your interests. Through regular property visits and industry knowledge, we strive to exceed your expectations and to give you the advice and service you expect.
Overseas Landlords
All landlords who have an overseas address including Southern Ireland are liable to pay overseas tax to the inland revenue. Overseas tax rate is currently 20% on all income received and expenditure.
The landlord is asked to contact the HM revenue and customs on tel no +44 (0) 151 472 6208/6209 to request an NRL1 form which is to be completed and addressed to Jordan Fishwick. This will include an approval number which is unique to the landlord which will make them exempt from paying overseas tax in the future. Without this form, overseas tax will continue to be deducted.
Personal circumstances will determine whether the landlord is to be made exempt from paying overseas tax.
Landlord Fees Schedule
Letting fee maximum 120% of one month’s rent inc vat. Management service maximum 12% of monthly rent inc vat. Rent collection maximum 6% of monthly rent inc vat.
Additional fees / charges
TENANT FINDING AND LETTING FEE – Equivalent to one month of rent inc vat.
MONTHLY MANAGEMENT CHARGE – Equivalent to 12% of the monthly rent inc vat.
Additional pre tenancy costs
ALL FEES QUOTED BELOW ARE INCLUSIVE OF VAT.
Legal requirements
Gas safety certificate £95
Electrical Installation Condition Report £231.25 (applicable every five years)
Energy Performance Certificate £108
Smoke alarm installation £65
Carbon Monoxide Detector installation £65 (if applicable)
Right to Rent Tenant Checks (per tenant) £34
Upholstered Furniture Fire Safety test £65 (if applicable)
Initial Deposit registration £42
Advisory and Best practice requirements
Inventory fee £148 (required for management service)
Legionnaires Disease risk assessment £90
Electrical PAT report £95
In Tenancy fees
Tenancy and Deposit renewal fee £240
Rent increase negotiation fee £60
Maintaining Gas and Electric Records £35
Extra Key cutting £12
Production of Annual Financial Statement £36
Submission of NRL Receipts to HMRC £36
Refurbishment works carried out by Jordan Fishwick over the value of £500 – 12% of the total works
Sale to Tenant or associated person 1% (plus vat) of the sale price
Other Advisory and Optional fees
Legal expense cover £40 per tenant
Rent recovery/guarantee policy 3.5% of the rental value (payable monthly or annually)
Same day payment fees £24
Checkout and deposit dispute £250 (included in managed service)
The cost of referencing your new tenants will be advised the time of acceptable offer but will not exceed £295
Extra guarantor referencing may incur further charges that will not exceed £150 per guarantor
