Management

Property Management Services;

Willow Estates charge a fixed management fee. We do not charge the landlord additional fees for services that should be included in day-to-day management.

The following are all included in our management fee;

Initial viewing and rental appraisal.

To Let boards, listings and mailings.

General newspaper advertising, if it is included in our daily lineage advert.

Accompanied viewings.

Tenant find & appraisal.

A photographic inventory.

Standard Assured Shorthold tenancy agreement.

Standard Guarantor agreement.

Credit checks on tenants.

It is up to the tenants to prove they are creditworthy!

The cost of placing the tenant's deposit in a Government approved scheme.

Rent collecting and statements.

Periodic inspections of the property. (six monthly)

Inspection reports.

Chasing outstanding rents.

Annual tax statement.

Arranging general maintenance.

Annual assessment of rent.

Serving rent increase notices.

Serving repossession notices for rent arrears.

Serving notices to end a tenancy.

Handling of day to day landlord queries.

Handling of day to day tenant queries.

Checking the property at the end of the tenancy.

Negotiating deposit issues, where required.

Submitting case details to mydeposits.co.uk if a deposit goes to arbitration.

Willow Estates fee structure is not balanced so that we make more money if a tenancy fails. The incentive is for Willow Estates to ensure a successful tenancy.

Too many agencies are set up with excessive & hidden additional fees. Our fees are all here, nothing is hidden. remember...

There is NO "Take-On" fee.

There is NO "check-in fee" every time the property is let.

There is NO "letting fee" every time the property is let.

There is NO charge for "renewal of tenancy agreement" every six months.

There is NO "uplift" or fee for arranging repairs & maintenance.

There is NO "check-out fee" every time a tenant moves out.

Landlords will still have to pay for;

Any additional advertising in the newspaper if you want it.

Non-standard tenancy agreements (negotiated clauses etc).

Arrangement of refurbishments.

Repairs and maintenance at cost.

An Energy Performance Certificate. (see note 1)

Electrical Safety Checks. (see note 2)

Gas Safety checks & certificate every year. (see note 3)

Insurance. (inc Buildings, Contents, Liability etc)

Legal costs. (including possession)

Their mortgage/finance!

Notes:
1. Energy Performance Certificate; Required on every new let from October 2008. The certificate is then valid for TEN YEARS.
Willow Estates has an accredited Domestic Energy Assessor on site. An EPC on a managed flat/house costs from as little as £45.00 (plus VAT).
2. Electrical Safety Checks are only required on properties that have PORTABLE electric appliances.
These are also commonly known as Portable Appliance Tests (PAT).
3. As from 01 April 2009 CORGI has been replaced by Gas Safe Register.