Landlords
Property management service
We provide a comprehensive letting and property management service. Our greatest asset is our proven ability to maintain properties to a high standard. We believe that your best choice is to let us do the hard work for you. Your property is safe in our hands and we will treat it with the respect it deserves.
From start to finish
Our property management service begins with finding the best tenant and comprehensively referencing them. We prepare the tenancy agreement, book the inventory and agree and manage any preparatory work your property needs. Once the tenancy starts we will protect the deposit, collect the rent and provide an on-call maintenance service. A report will follow regular property visits with recommendations. We will arrange the end of tenancy inventory, any necessary works and, should you choose to renew or let with us again, re-advertise your property. Our close knit team will work together to give you the best service possible.
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Your property, our priority
We know that your property is important to you and we take that responsibility seriously. We make your property our priority, and aim for a lasting relationship with you. We feel we also need to build a good relationship with your tenant. If a tenant is happy in the property and feels that their needs have been addressed, they are much more likely to stay on for a further period avoiding costly voids. Having this relationship also helps at difficult moments.
An holistic approach
It is important that the person looking after your property understands your requirements, the tenant’s expectations and knows the property inside and out. We operate an holistic approach, meaning that our team works closely together on all aspects of your property and are trained and qualified for both lettings and property management. They will advertise it, carry out viewings, complete all the paperwork and manage the property throughout the tenancy. Nothing slipping between the cracks, no passing the buck, no mistakes due to ignorance of your needs.
Compliance
The world of lettings grows ever more complex with an increase in legislation targeting landlords. We will guide you through this, making sure your letting has everything in place that is required (including gas safety certificates, EPCs, smoke and CO alarms, deposit protection, service of pre-tenancy information, compliant tenancy agreements, and Right to Rent checks). We will also let you know about any recommended checks that are relevant to your property such as electrical safety tests and legionella checks so that you can make an informed decision about risks involved in letting. Our news page provides more insights into upcoming developments and keeps you up-to-date with the evolving lettings environment.
Client Money Protection is a scheme (mandatory for all agents from April 2019) which reimburses landlords, tenants and other clients if an agent were to misappropriate their rent, deposit or other client funds. Our Client Money Protection (Client Money Protection – Certificate1/Certificate2) is provided by Propertymark. Further information can be found here.
Mandatory for all agents from April 2019 the scheme reimburses landlords, tenants and other clients should an agent misappropriate their rent, deposit or other client funds.
Fees
We know that your bottom line is important to you so we charge competitive fees. We believe we provide added value at sensible rates. Our property management service is priced at 10% (no VAT) of the rent for your property (see the table below for what is included); our management service with rent protection is priced at 13% (no VAT). We can also offer a let-only/tenant find service for £1000 (no VAT) (see what is included in the table below). For in-depth details on our services, see our Terms of Business at the bottom of this section.
| Landlord Fee Schedule** | ||||
| Let only
£1000 (no vat) fixed fee |
Let & Rent collection only
6% (no vat) |
Full management
10% (no vat) |
Full management plus rent protection
13% (no vat) |
|
| Advertise your property | ✔ | ✔ | ✔ | ✔ |
| Booking and carrying out viewings | ✔ | ✔ | ✔ | ✔ |
| Negotiating offers with applicants | ✔ | ✔ | ✔ | ✔ |
| Referencing and Right to Rent checks | ✔ | ✔ | ✔ | ✔ |
| Tenancy documentation (agreement, guarantees, deposit protection) | ✔ | ✔ | ✔ | ✔ |
| Property compliance check | ✔ | ✔ | ✔ | ✔ |
| Rent collection and arrears management | ✔ | ✔ | ✔ | |
| In-person tenant check-in | ✔ | ✔ | ||
| Arranging pre-tenancy requirements (e.g. cleaning, inventory, safety checks) | ✔ | ✔ | ||
| Council tax and utility transfers | ✔ | ✔ | ||
| Arranging emergency callouts | ✔ | ✔ | ||
| Arranging routine maintenance and repairs | ✔ | ✔ | ||
| 6-monthly property visits | ✔ | ✔ | ||
| Further visits if required due to property condition | ✔ | ✔ | ||
| Negotiation and paperwork for renewals | £300
(no vat) |
£300
(no vat) |
✔ | ✔ |
| End of tenancy notices | ✔ | ✔ | ||
| Arranging check-out | ✔ | ✔ | ||
| Arranging end-of-tenancy requirements (cleaning, inventory) | ✔ | ✔ | ||
| Deposit return and dilapidations | ✔ | ✔ | ||
| Rent protection* | ✔ | |||
| Other costs that should be budgeted for:
Inventory and schedule of condition (beginning and end of tenancy) Cleaning (if needed) Safety certification – Gas, Electricity Energy Performance Certificate PAT test (if required) Legionella risk assessment (if required) These works can be arranged by us in our fully managed service but the contractor’s fees are not included in your management fee |
||||
*Policy details subject to change and provided on request
**HMO properties carry a surcharge of 2% (no VAT) for Rent Collection, Fully Managed or Fully Managed with Rent Collect; or a fixed fee of £1250 (no VAT) for Let Only
View Bright Properties Terms of Business for Letting and Management
View Bright Properties Terms of Business for Let-Only Services
Like to know more?
If you are interested in our service and would like to know more or book a valuation, let us know.
“We have been delighted with the services of Bright Properties who we employ to manage a flat we let. They are personable, efficient and offer very good value for money. We recommend them without reservation.”