Property Management / Valuations / Surveys
We visit your property and advise you of the rent that you can expect to achieve and what furnishings (if any) you should leave in the house. An inventory will be prepared on your behalf, if required. When you appoint us as your Agent, we aim to find a suitable tenant for a minimum letting period of 6 months.
We will ask for a set of keys to the property and prospective tenants will be accompanied on any viewings. Any interested parties will be asked to complete an application form which is sent to our reference-checking agency who request employment and landlord references, as well as completing a credit check.
Subject to the receipt of satisfactory references an Assured Shorthold Tenancy Agreement will be signed, a bond taken and the first month's rent taken. Rent is collected monthly in advance.
In order to protect your interest, all monies collected on your behalf will be placed in a Clients' Account and such an account is governed by the rules of the Royal Institute of Chartered Surveyors. The Account is maintained at a specific Bank or Building Society and is entirely separate from the Firm. No interest is payable by Handley Gibson Twaites on monies held on behalf of clients.
Clients normally receive a quarterly statement and either a cheque or payment can be made by Auto Transfer through the bank, transferring the money more speedily to your account. H.M. Inspector of Taxes requires a return of all managed properties.
We will act according to your instructions regarding repairs and maintenance however, emergencies are dealt with immediately by our team of skilled tradesmen.
We will inform you when notice to vacate has been received from a tenant and will ask if you wish us to re-let. If this is the case, we will strive to find new tenants to give a continuity to lettings.
Rent Insurance is available at a modest cost and provides cover against a tenant's arrears as well as any costs in taking legal action (to obtain possession of a property).
When you are away, we take your place in caring for your home while at the same time obtaining valuable income. Please remember that when you let your home for a period of time, some re-decoration will probably be required on your return. For clients working abroad, click this link.
VALUATIONS
Valuations are undertaken for a variety of purposes principally as follows:-
Legal Purposes: Matrimonial, Probate
Taxation: Capital Gains Tax, Inheritance Tax, Rating, Council Tax
Insurance: Reinstatement Values
Sales: Advice on sale prices
Purchase: Mortgage, Peace of mind,
Portfolio and Asset
SURVEYS
There are basically three different types of Survey undertaken by ourselves and these are as follows:-
Mortgage Report
This is a report largely undertaken for lenders, normally banks and building societies. The principal aim of the report is to ensure the price paid is correct and covers the amount borrowed. An inspection is undertaken but confined to obvious defects classified as essential repairs. It should not be relied upon as a comprehensive survey.
Homebuyer's Survey and Valuation
This report follows a basic format prepared by The Royal Institution of Chartered Surveyors. It is appropriate for most properties but is not really suitable for pre 1900, large houses or those of unconventional construction. It comprises a detailed inspection of the various components of the property and its services. The report highlights various Action Points requiring attention.
Building Survey
This is a survey appropriate for most properties. It comprises a detailed inspection with a comprehensive report relating to all aspects of the property. It can be adaptable and include specific requests of the client such as the feasibility of possible alterations and extensions. Future maintenance advice is also given. Environmental implications are referred to and photographic evidence shown.
For Further information please contact Robert Gibson or Barbara Ford on 0113 243 3961 or e-mail Robert or Barbara
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