Landlord Services | Morton New

Full Management Services on Rental Property

A Service Charge of £300 including VAT (£250.00 + VAT) at the start of each new Tenancy and 13.2% including VAT (11% plus VAT) commission on each calendar months' rent.

The management service we offer to you as the landlord is set out as follows:

Valuation of the property to let
'Full Terms of Business' contract between the Landlord and Agent will be issued
Photographs of the property will be taken and advertised in the office window and internet as required
All viewings will be carried out with a member of the team at Morton New
A suitable tenant will be found for the appropriate property following a reference on their application
We will collect the monthly rent and pay you once we clear any bills that could be outstanding (maintenance bills)
A full inventory of the property will be conducted and issued to the Tenant on moving in
A statement of your account will be posted to you each quarter of the year
Property inspections will be carried out every 6 months unless it is felt there is a reasonable exercise to do it more frequently
The property will be managed through Morton New so you as a Landlord can sit back and not worry about the day to day running of the residence
We collect the Tenants' deposit (equivalent to 1½ times the rent) and deposit the money with the Deposit Protection Scheme
At the end of the Tenancy we carry out the inspection and report back to you anything that may need your attention
We like to keep our Landlords well informed with information about their let without harassing you and giving you a peace of mind that we are carrying out the duties to the best of our abilities
We recommend that you keep a separate bank account for your income on the Let of your property and laso have a buffer of around one month's rent in case of emergencies
If you intend to work 'overseas' then it is your responsibility to gain an exemption number/certificate from the Inland Revenue as part of the Non Residents Landlord Scheme and inform us as Agent of the certificate/number.

Tenant Find Only Service

This service is to "Find a Tenant" only.

We will advise you on a Rental income per calendar month and collect your first month's rent
We will also collect the Deposit equivalent to 1½ times the rent and give it to you as the Landlord to deposit with 'The Deposit Protection Service'
Viewings will be carried out with us at Morton New
Window cards and Brochures will be made up and displayed
References on Tenants will be taken and followed up
The contract between the Tenant and Landlord will be drawn up along with the Prescribed Information Form regarding the Deposit Scheme
We will arange a suitable time for both Landlord/s and Tenant/s to meet
This service is then complete and all responsibilities are with you as the Landlord and the Tenant

A Service charge 84% including VAT (70% plus VAT) of the monthly income or a minimum of £540.00 inc VAT (£450.00 + VAT) will be charged on the completion of the contract being started.