Sales
We understand that for many, navigating the property market can be a daunting and stressful process, especially if you are buying or selling for the first time. After all, for most people, property transactions are the single most important decisions of their lives.
Either way, Jennings Residential will add a personal touch to your journey through the process with your peace of mind at the forefront of our service, knowing that every step of the way you can rely on us to provide you with all the information necessary to make the right decisions, including up to date sales data and price trends which are invaluable in deciding the optimal time to buy and sell, with accurate and realistic valuations.
Our approach is all-encompassing. From arranging appointments for property viewings to liaising with our carefully chosen network of supplementary professionals including conveyancing solicitors, ‘whole of market’ mortgage brokers, surveyors and insurance specialists, we will facilitate the whole process as smoothly and efficiently as possible.
With years of experience, our ability to negotiate on your behalf will ensure you achieve the best possible results with the minimum amount of stress.
Lettings
Whether you have an investment property as a retirement nest egg, you’re a professional landlord with a portfolio of properties or even an asset or wealth manager or trustee, here at Jennings Residential we can arrange all of your landlord requirements to help you get the best from your properties.
From organising property viewings, appointments, vetting of tenants, regular property inspections, rent collection and renewals to conversely being the single point of contact for your tenants, we’ve got you covered. Our expansive knowledge of the rental market will ensure your property achieves the maximum rental potential.
If you’re more of a ‘hands on’ type of landlord, preferring to manage the property and its tenants yourself, or you don’t have the time or inclination to get involved with the day to day running of the rental, we are flexible enough to tailor our services to your needs and requirements.
The legal and statutory regulations of the lettings market can be confusing and time consuming for some, so all our advice and guidance is given with full knowledge of property law, from contracts and tenancy agreements to starting eviction proceedings.
We have a carefully chosen network of supplementary professions including professional cleaners, decorators, locksmiths, removals professionals, general builders including electricians, plumbers, bathroom / kitchen fitters, even inventory specialists, all to make the running of the rental as efficient as possible. We are always on hand to arrange quotes and manage repairs on your behalf.
LETTINGS FEES
INFORMATION FOR TENANTS
All Tenant fees are inclusive of VAT (if VAT is applicable)
- Holding deposit to reserve the property – One weeks rent
- Damage deposit – 5 weeks rent, held in the TDS custodial scheme
- Late payment fees - Interest will be charged at 3% above the Bank of England Base Rate from Rent Due date until paid in full.
- Lost keys – If a key is lost, the tenants are liable to cover the cost of the replacement of the key and or lock and the relevant labour associated with this (locksmiths call out charges).
- Change of sharer - £50 (includes landlord negotiation and drawing up the relevant documentation)
- Independent Redress provided by - The Property Redress scheme – www.theprs.co.uk/
- Client Money Protection provided by - Propertymark – www.propertymark.co.uk
LANDLORD FEES
All Landlord fees are inclusive of VAT (if VAT is applicable)
Let and Rent Collection: 10%
- Professional photos and floor plans
- Portal advertising
- Accompanied viewings
- Collecting the rent
- Administration fee - £250 which includes the following:
- Referencing
- Tenancy arrangement
- Tenancy renewal
- Deposit registration
- Vacant management
- Mail redirection (management only and the landlord to covers the postage costs)
- Duplicate documents
Other associated management costs subject to instruction are:
- Energy performance certificate – £84
- Electrical safety certificate – £175
- Portable appliance test – £80
- Legionella risk assessment – £80
- Smoke alarm and carbon monoxide alarm installation - variable
- Right to rent checks (when instructed) - £60
- Compiling a deposit claim (full management only) – £200
- HMO licence application - £250
- Arbitration dispute management - £100 (only available to fully managed properties)
- Serving notice to vacate to a tenant (section 8 or section 21) : £50.00 (only available to fully managed properties)
- Legal appearances : £120 per hour
- The costs for the inventory check in and check out is variable as it's an independent out sourced product
Full management
All Landlord fees are inclusive of VAT (if VAT is applicable)
Full Management Service: 12%
- Professional photos and floor plans
- Portal advertising
- Accompanied viewings
- Collecting the rent
- Negotiating renewals
- Periodic property inspections
- Arranging quotes and managing repairs
- The point of contact for all tenant calls
- Advising on current landlord responsibilities and legislation
- A property inspection when a tenant serves notice
- A post tenancy inspection
- A pre tenancy inspection
- Administration fee - £250 which includes the following:
- Referencing
- Tenancy arrangement
- Tenancy renewal
- Deposit registration
- Vacant management
- Mail redirection (management only and the landlord to covers the postage costs)
- Duplicate documents
Other associated management costs subject to instruction are:
- Energy performance certificate – £84
- Electrical safety certificate – £175
- Portable appliance test – £80
- Legionella risk assessment – £80
- Smoke alarm and carbon monoxide alarm installation - variable
- Right to rent checks (when instructed) - £60
- Compiling a deposit claim (full management only) – £200
- HMO licence application - £250
- Arbitration dispute management - £100 (only available to fully managed properties)
- Serving notice to vacate to a tenant (section 8 or section 21) : £50.00 (only available to fully managed properties)
- Legal appearances : £120 per hour
- The costs for the inventory check in and check out is variable as it's an independent out sourced product
- Major repairs and refurbishment works, where the cost exceeds £1000, a fee of 10% (inc VAT) is charged for administration and project management
Relocation
Which includes the property search, remote and then accompanied viewings, lease completion, utility set up.
For a fixed fee of £1500 (inc VAT)
Property finding service
Which includes the property search, remote and then accompanied viewings, negotiation, progessing of the convayance through to completion.
A fee of 1% (inc VAT) of the sale value.
