Landlords

Investing in property

Investing in Student property

Frequently asked questions

  • Why should I use a property management agent?

…so you don’t get caught out by new legislation..  no more telephone calls late at night or early hours… no more rent collection worries… no more repairs to organise or oversee….  to reduce your admin and risk…  maximise your profits… avoid costly voids… save you in time and money….

Student Rooms Letting and Management are fully legally compliant,  staff have undergone training and we are covered by Professional Indemnity Insurance.  Check our memberships

  • What are the main legal requirements when letting a property?

All furniture & soft furnishing you provide comply with fire safety rating regulations.

There is a valid Gas safety certificate, and you can provide an Energy Performance Certificate to prospective tenants.

To protect any deposit taken with one of the tenancy deposit schemes within 14 days of receipt of deposit monies, and provide the tenants with the prescribed information telling them how their deposit is protected.

To arrange or have in place Landlord Insurance, to have informed your lender that you are intending to let the property if you do not allready have a buy to let mortgage.

For HMO’s Houses in Multiple Occupation – shared student houses with three or more tenants, this includes non licensed and licensed properties.

You require a smoke detection system that is hard wired to the mains, or an LD3 grade system, fire blanket and small extinguisher in the kitchen, for all unlicensed houses.

Allow for Inspections by Local Authority under HHSR Homes Health and Safety Rating System.

For fully licensed HMO’s with 5 or more tenants and 3 or more storeys. A fully equipped Fire alarm and smoke detection system, Emergency lights, and Fire doors with door closers. Fire fighting equipment on all floors.

Certificates of annual service for Alarms, lights and fire fighting equipment.

A valid periodic electrical installation report.

  • Why do I need an Inventory?

An inventory provides you with a detailed schedule of the condition and contents of your property at the start of a tenancy.

The report provides useful evidence in the event of damages that may occur during the tenancy.

The report can be used in the event of a dispute over the amount of deductions against a tenants deposit and will be required in the event of a dispute resolution.

  • How are viewings arranged?

If you have arranged an advertising only package then you are responsible for all the viewings from enquiries we give to you.

If you have decided on our No Let No Fee – Tenant Find or Full Management then we are responsible for arranging all accompanied viewings.  All that we request is that we have full access when necessary, the contact numbers of all occupiers and a set of keys to the property.  Just let us do the work.

  • When will rent income be paid over?

There are two systems of rent payment / collection
MONTHLY – Due on the 1st day of each month, you will receive payment normally within 3 to 5 days and no later than 10 days.
TERMLY – Due in four stages over the year.
1st JULY |   14th SEPTEMBER | 14th JANUARY | 14th APRIL
Please note for term payments we allow students 14 days for receipt of payment, again we will pay you normally within 3 to 5 days of receipt of payments and no later than 10 days.

We can help you to Manage your Student Houses

Re-marketing starts in January each year, don’t be left with an empty student house in September.

Contact us now and you can relax while we market your property and find you tenants.

Landlords - No Let No Fees, Competitive Rates

3 levels of Service –  Advertise your property £49 for 3 months

Full Management  or Tenant find only

For more details use the  Contant US button at the side of the page

Maximise your profits… Free rental Valuations

Avoid costly voids… save you in time and money…. We let on  full year contracts starting from July, proactive marketing your property is advertised to students when they begin to search!

Reduce your admin and risk… We provide detailed property rental statements.

Property repairs and Maintenance

No more telephone calls late at night or early hours… no more repairs to organise or oversee…. no more dealing with trades people or having to turn up to let them in… We arrange quotes or immediate repairs, arrange access with the tenants, check the work is completed and as we contract with a small number of local companies we get you a good price.

What we will do is manage everything for you :-

Advertise and find the right tenants
No Let No Fees
Prepare and Supply an AST agreement
Manage rent collection and payment to you
Manage changeover of Utilities
Council Tax exemptions
*Manage Maintenance & refurbishments
*Cleaning and redecoration
*Arrange Gas & PAT Tests
*Complete your HMO Licence application
*Carry out full itemised & Digital Inventory
*Arrange an EPC Energy Performance Certificate
*Arrange fire alarm annual service & equipment checks
*Arrange electric periodic reports
*Arrange Deposit Protection Insurance

(*The services above are charged in addition to the Management fees.)

We perform inspections through out the year and final inspection when tenancy ends
Plus provide a point of contact for all your tenant enquiries