Landlord Services

Becoming a Landlord with AM-PM

Whether it’s your first venture or you’re a seasoned veteran on the property ladder here at AM-PM we can look after all your letting needs…

At am-pm leasing we look after your property as if it was our own. This means finding a quality tenant in the shortest space of time and at the best possible rent. Once you tenant has moved in we recommend that we look after your property ensuring that you get it back in the best possible condition and with the rent paid on time.

We can offer 2 distinct services to landlords who are considering leasing their property.

TENANT FINDING SERVICE

Our TENANT FINDING SERVICE includes:-

  • Full marketing of your property on major property and leasing websites including the UK’s biggest and our own AM-PM website. Advertising from our Union Street shop and schedule inserted in our shop window. Proactive marketing with re-location companies and oil companies.
  • The personal touch-we personally show all prospective tenants round your property.
  • Referencing tenants-we will ensure that your prospective tenants are credit checked by a professional, independent credit reference agency at no cost to you.
  • We will prepare all lease documentation and ensure that it is signed.
  • Collecting rent on your behalf and the deposit- we will collect the first month rent and deposit for you.

AM-PM fee- one half of the first month’s rent (plus vat). Subject to a minimum fee of £350 plus vat.

FULL MANAGEMENT SERVICE including tenant finding

Our FULL MANAGEMENT SERVICE includes:-

  • A free rental valuation of your property to assess its rental value.
  • Full marketing of your property on major leasing and property websites including the UK’s biggest and our own AM-PM website. Advertising from our Union Street shop and schedule inserted in our shop window. Pro-active marketing with re-location companies and oil companies.
  • The personal touch- we personally show all prospective tenants round your property.
  • Referencing tenants-we will ensure that your prospective tenants are credit checked by a professional, independent credit reference agency at no cost to you.
  • We will prepare all lease documentation and ensure that it is signed.
  • Collecting rent on your behalf and the deposit- we will ensure that rent is paid on time and each month it is transferred to you by BACS within 3 working days of receipt by us with a monthly statement.
  • We will ensure your tenants deposit is placed in a Tenancy Deposit Scheme and that you as a landlord are complying with your legal obligations in this regard.
  • Check-in of your tenant by our staff, including arranging an independent inventory.
  • Transferring utilities and council tax into the tenants name.
  • Regular, 12 weekly maintenance inspections of your property and detailed reports with photos from our professional maintenance inspector. We also arrange cost effective repairs, monitor health and safety matters and ensure compliance with all relevant legislation.
  • Checking tenants out at the end of the lease and agreeing with your tenants any losses, damage or cleaning to be deducted from the deposit. If required representing you and submitting all evidence required at any Tenancy Deposit Adjudication.
  • Full check-out report is arranged with the independent inventory company and any matters dealt with.
  • Arranging repayment of deposit after making agreed deductions through the chosen tenancy deposit scheme.

Am-pm fee- one half of the first month rent (plus vat). Subject to a minimum £350 plus vat. Monthly management fee of between 6% and 9.5% (plus vat) depending on how many properties are managed.

Client Fees Structure

  • Independent Inventory 10% of the monthly rental subject to a minimum of £150
  • 6 month lease extension £125
  • 12 month lease extension £175

Legal Requirements for Landlords
Being safe and legal with AM-PM Leasing

At AM-PM we are experts in implementing the best safety advice and ensuring that you comply with current safety legislation. Leasing out a property is now highly regulated and landlords can find themselves held personally liable in the event of a failure to comply with current safety legislation. We will ensure that your property complies with current safety legislation and arrange for all your safety checks required by law and this will give you peace of mind that your property is safe for your tenant to reside in.

1.
Landlords Gas Certificate- £75

If your property has a gas supply this requires to be tested annually by a Gas Safe registered engineer.

2.
Portable Appliance Test (PAT Test)-£80

Appliances such as TV’s, kettles, washing machines should be tested on every change of tenancy and certainly no less than every 12 months.

3.
Fixed Wiring Test-£175

Fixed wiring and sockets should be tested no less than every 3 years.

4.
Energy Performance Certificate-£100

It is a legal requirement to have a EPC prior to a property being marketed for lease. All leased properties are required to have an EPC which is valid for a period of 10 years.

5.
Smoke and heat detectors and CO safety check-£80

From 1st January 2016 all leased properties must now be fitted with mains powered smoke and heat detectors and CO alarms. We will arrange for installation where necessary. It is essential that these alarms and detectors are subjected to an annual inspection and test and at the start of every tenancy.

6.
Legionnaires Disease Risk Assessment-£60

Landlords are now responsible for making sure that the risks involving Legionella are properly assessed and controlled. If a landlord fails in his/her obligations in this regard the consequences can be serious and there are heavy fines and even imprisonment can be imposed especially if someone were to unfortunately die. Landlords can be prosecuted even if there is an exposure to risk without anyone actually becoming ill.


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Or contact our helpful team on 01224 595555