|Service||Full Management||Rent Collection Only||Let Only|
|Rental Potential Consultation|
|Establish market rental rate|
|Prepare & submit Tenancy Agreement|
|Arrange first month’s rent|
|Negotiate Tenancy Agreement Renewal|
|Arrange all safety certificates|
|Collect deposit & Register|
|Receive & remit rent received|
|Rent collection and late payment chasing|
|Inventory Check In/Out|
|Tenancy Agreement Renewal (Let Only - subject to £100+VAT fee)|
|End of Year Accounting|
|Arrange on-site repairs|
|Breach of Tenancy Agreement advice|
|Manage deposit disputes and return Serving notice|
|Out of hours Emergency Service|
Since April 2007, any deposit taken when a tenant rents a property on an Assured Shorthold Tenancy (AST) has to be lodged with a government approved deposit protection scheme. David Andrew usually requests a dilapidation deposit equivalent to five weeks’ rent from the tenant.
There are 3 separate schemes available and David Andrew currently uses both MyDeposits and the DPS to register all deposits administered by David Andrew.
The law requires any deposit taken to be registered by the Landlord or his agent within 30 days of receiving the funds from the tenant and for the necessary prescribed information to be served to the tenant along with a deposit protection certificate. Failure to adhere to this could result in penalties equivalent to three times the value of the deposit and will void any vacate or eviction notices served.
We therefore recommend that you let us handle this procedure as part of our fully managed service and we can register the deposit for you, handle its return and make sure you stay on the right side of the legislation for a small administration charge of £60 inc VAT payable each time the protection renewed.
More information on Deposit Protection can be found by following the below links:
With three local offices we have unrivalled market knowledge. A senior member of the David Andrew team will come to your property to provide an accurate sales valuation or rental valuation and offer comparable properties we have sold in order to justify our valuation and to show how we can achieve you the best possible price.