Prototype: layout and copy for the Yuvello consumer site. Not the live site. Dashed blocks are placeholders that must be replaced before launch.
Landlord services
Rent collection: we handle the money
Everything in let only, and then we collect the rent every month, chase it the day it is late, and send you a statement you can hand to your accountant. The property itself stays yours to look after.
Who it suits
Is this the right level for you?
Rent collection suits a landlord who is happy to deal with the property but does not want to deal with the payment. Chasing money from someone living in your house is uncomfortable, and it is easier when the request comes from an agent rather than from you.
It also suits anyone who has had an arrears problem before. Arrears are a process rather than an event: the earlier and more consistently it is chased, the less likely it is to become a possession case. A tenant who knows the rent is monitored behaves differently from one who knows it is not.
If repairs are the part you dread rather than the money, fully managed is the level you want instead.
What is included
What is included in rent collection
Everything in let only, and then the money handled for as long as the tenancy runs.
21 things, included in the fee
Before it goes on the market
- A rental valuation carried out in person by your local agent, with the comparable evidence behind it
- Guidance on the statutory compliance the property needs before it can be let
- A check on the consents you need: mortgage lender, freeholder, insurer
- Advice on any work required to meet current legislation, and what is worth doing beyond that
Marketing it
- Professional photography and a measured floorplan
- Listed on the major portals and to our own list of registered tenants
- Enquiries qualified before anyone is offered a viewing
- Accompanied viewings, seven days a week
Finding the tenant
- Tenant interview and negotiation of the tenancy terms on your behalf
- Credit checks, affordability, employment and previous landlord references
- Right to rent checks on every adult occupier
Setting the tenancy up
- The assured shorthold tenancy agreement drawn up and signed
- Standing order set up so the rent arrives on the same day each month
- Meter readings taken and the utility companies and council notified
- Deposit collected, registered in an approved scheme and the prescribed information served
- Inventory and schedule of condition arranged for check-in
Handling the money
- Rent collected automatically each month and paid on to you
- Arrears pursued from the day a payment is late, in writing and by phone
- A written record of every chase, which is what a court would want to see
- Periodic and annual rental statements for your accountant
- Advice on legal action if arrears reach that point
What stays with you
What stays with you
The money is handled. The building is not.
Repairs and emergencies
You are still the person the agent rings when the boiler fails, and you still arrange the contractor and the access.
Inspections
Periodic visits and the written record of them remain yours to organise.
Compliance and renewals
The gas safety check, the electrical report and any licence renewal are still yours to diarise and book.
The end of the tenancy
Check-out, dilapidations and the deposit negotiation stay with you.
The law
Your legal duties as a landlord
These sit with you as the landlord whoever actually carries them out. On this service level we can do some of them for you, but the liability does not transfer, so it is worth knowing what they are.
- An annual gas safety check by a Gas Safe engineer, with the record given to the tenant
- An electrical installation condition report at least every five years
- An EPC of band E or better, unless a valid exemption is registered
- Working smoke alarms on every storey and a carbon monoxide alarm in any room with a fuel-burning appliance
- The deposit protected in an approved scheme within 30 days, with the prescribed information served
- Right to rent checks on every adult occupier before they move in
- The current How to Rent guide served at the start of the tenancy
- Any selective or HMO licence the local authority requires
[LEGAL REVIEW NEEDED] This list is a plain-English summary of the position in England and is not legal advice. Requirements differ in Wales and Scotland, and they change. Have it checked and dated before launch, and add who is responsible for each item on each service level once that is settled.
What it costs
The fee for this level
[FEE TBC] The management fee for this level, what it is a percentage of, and whether it is quoted inclusive of VAT are all still to be confirmed.
A letting agent in England has to publish its fees, its client money protection and its redress scheme membership on its own website. That is not optional and it cannot launch without them.
- The management fee for this level
- Tenancy set-up, inventory, check-out and renewal charges
- What is included before anything is charged extra
- Every figure inclusive of VAT
Want the repairs handled too?
Fully managed adds the day-to-day running of the property to everything here.