Our Services for Landlords
As a landlord, it is paramount that you work with a letting agent you can trust. With over 50 years experience letting properties around Yorkshire we are well placed to not just let your property, but take care of business from beginning to end, from tenant to tenant.
As a professional independent company it is our aim to protect your investment, and we have the lettings know-how and local knowledge to achieve this with our following services...
Basic Letting Package
We feel that this is the cheapest way a landlord can find reliable tenants. We will advertise your property via our offices, mailing list, own website and Rightmove. The landlord will conduct their own viewings, we will credit check any suitable applicants and the landlord will provide their own contract and inventory.
Let Only Package
We will advertise your property via our offices, mailing list, own website and Rightmove. We will conduct all the viewings and once a suitable applicant is found take up references. When references are back satisfactorily, we will draw up a contract, issue the section 21b notice and arrange for a detailed inventory to be carried out. The landlord will be responsible for check in and check out and will arrange their own gas safety certificate. Should you wish, we can register the bond with the tenancy deposit scheme for a small additional charge.
Full Management Service
In addition to our let only package, we will carry out the check in and check out, carry out periodic inspections throughout the tenancy, to ensure that your investment is being maintained in a satisfactory manner, arrange the landlords gas safety certificate, arrange for collection of the rent and payment into your account, register the bond with the tenancy deposit scheme, arrange for any quotes and repairs, sort out any tax liabilities for non-resident landlords.
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Whether its a block of flats or apartments or a mill conversion for example, we are the complete management specialists. We have undertaken extensive research into the property management services available in the market place and the problems which our clients have had with their previous management companies. As a result of this we have been able to develop a system which allows us to manage your block in the most effective and efficient way. We manage Blocks with a minimum of 2 apartments up to large estates across the UK. Once we have established your requirements we are able to provide you with a guide price for our services, in most cases this guide is 100% accurate.
As all properties are completely different we do not have a standard tariff of fees, each client’s requirements are also different. We believe in long-term relationships with our clients and therefore ensure our fees relate to the service required.
Once we have had an initial meeting with you to discuss your exact management requirements we will then be in a position to provide a fixed quotation.
Budgeting and management of Accounts
It is our mission to achieve best value when producing the annual budget, however this should not compromise service or quality. We endeavour to negotiate on your behalf to reduce all costs were possible. As our management accounting is updated on a daily basis we strive to keep on top of every situation that may arise in your building. Prior to the next service charge being due we will produce a detailed service charge budget outlining all the estimated costs of your block for the year. This will include all items from building insurance to repairs and maintenance, and will also show how the annual cost to each resident is calculated.
There are many different ways for us at Block Management to keep you updated regarding what is going on in your property. Whichever options and services you choose we know that you will be more than satisfied. Transparency and the necessity to provide live up-to-date accurate information is paramount to us.
From the offset of instruction to Block Management we establish the way we will collect funds. We adhere to the provisions contained within your lease; different buildings have different polices, we are happy to adopt these.
Block Management carries out a safety (Risk assessment) survey on your property shortly after instruction to manage.
It is crucial that your building is protected with adequate measures to ensure that all residents, contractor and visitors are safe whilst in the property. Depending on the size of the property, plant installed (i.e. lifts and other machinery) would depict the basic requirement in accordance with legislation.
Does your building meet the latest required standards of safety? The risk assessment is vital as these points out any areas that require attention.
Service Charge Collection
Residents are obliged to pay their service charge strictly in accordance with the terms of the lease to their flat. This will usually be annually, half yearly or quarterly. However, if the residents association are in agreement, some or all of the residents may be allowed to pay monthly.
Where does my money go?
For large blocks your money is paid into an independent bank account completely separate from other properties we manage. At the end of the financial year to each block an independent accountant will produce an income and expenditure statement which outlines the total service charges received for the year against the total expenditure. At the bottom of the statement it will clearly show how much money is left in the service charge fund. This is strictly in accordance with the Landlord & Tenant Act.
Repairs & Maintenance
We are only a phone call away to attend to any maintenance problems which may arise. We have a selection of specialist plumbers, electricians, roofers etc. Building surveyors can also be called upon.
The gov.uk website describes that your home is a House in Multiple Occupation (or Houses of Multiple Occupancy) (HMO) if both the following apply:
At least 3 tenants live there, forming more than 1 household (where a household is either a single person or members of the same family who live together.
You share toilet, bathroom or kitchen facilities with other tenants.
As a HMO landlord you must acquire a licence from the council unless they are managed by a housing association, co-operative, council, health service, police or fire authority. Licences usually last for 5 years but councils can grant them for shorter periods.
Therefore with Houses in Multiple Occupation there is much more to consider, in particular the legal side including licences, maintenance, and often a high turn over of tenants. We have a great deal of knowledge in this area to give you as the landlord peace of mind that your property is well looked after and meets the requirements set out by local councils.
We are able to advertise through our own website plus rightmove.com, vet prospective tenants and look after the maintenance and rent collection for the property. We offer a free, no obligation introductory meeting, so please get in touch to see how we can help.