Property Rentals
RESIDENTIAL LETTING
We are of the opinion that the environment within which a landlord or tenant has to secure a successful lease has dramatically changed and become extremely complex. A number of Acts impact on the relationship between landlord and tenant. Combined with the volatility of persons who very often aimed to gain financial advantage over the other, against a backdrop of an economic downturn, soon result in a very unhappy experience. We want to believe that we have the knowledge to guide our clients to a more satisfactory outcome.
PROPERTY RENTALS
We offer tailor made packages of services, summarized in the following value propositions:
Phase 1: Finding and Placing a Tenant
- Rental Property Listing
- Marketing
- Tenant Screening
- Closing the deal
- Lease Preparation
-
Placement, orientation and vesting of new tenant
Phase 2: Property Management and Value Added Services
- Registered and externally audit trust account
- Rental collection and distribution
- Tenant Default Management and disciplinary process
- Utility Account Management
- Ad –hoc Inspections as an optional extra
- Maintenance Management
- Emergency Response 24/7
- Management of insurance claims
- Management of Project Plans
- Lease renewals and rental income assessment
- Exit Rental Management
- Reporting
Costs to Landlord
- A Placement Fee per lease. If a lease is terminated within the initial 12 months period, you do not pay and a second placement fee ;
- 10% Monthly rental management fee amount;
- For any unlisted Ad hoc services - as per agreement.
Incentive: Where multiple letting is applicable, (i.e. more than one property, the Placement Fee falls away). For more than two properties placed with us, the monthly rental fee of the third and following leases will reduce to 8% per property.
A once-off rental placement, i.e. only Phase 1, or privatization (take-over by landlord) of the lease at any stage of the term, also at expiration date, will cost 8% of 12 months’ rent, agreed to as a fair and market related purchase sum.