Welcome to FBM Residential Lettings.
Property Management:
Many lettings agents offer several levels of services - we offer just two:-
Managed Property Service
Our Managed Property Service is aimed at the Landlord who is looking for a trouble and stress free property management service and comprises:-
* Full marketing service including ‘to let’ boards, local press and website advertising and inclusion in our lettings available listings and displays in each of our offices.
* Interviewing prospective tenants and accompanying them to view the property.
* Obtaining references from prospective tenants.
* Providing Landlords with the details of prospective tenants.
* Preparation of an Assured Shorthold Tenancy agreement (“AST”) with a minimum term of six months which will continue on a month - to – month basis beyond the
initial six month tenancy unless otherwise instructed.
* The initial rent will be collected, along with the bond, which will be held in trust (see note 2 overleaf).
* Rent will be collected in accordance with the tenancy agreement and accounted to the Landlord by the Banks Automated Clearing System (BACS) within 14 days of the due date.
* Utility suppliers (except telephone services) and the local Council will be notified of
new tenancies, making tenants responsible for charges, and given meter readings where appropriate.
* We arrange inspection of the property on a quarterly basis, with reports being
presented to the Landlord (see note 3 below).
* We can arrange for an inventory to be completed by a specialist inventory clerk (see note 4 below).
* We will advise if a Gas Safety Certificate is required and advise the Landlord
accordingly.
* In the event of breakdowns or repairs being needed at the property, tenants are
responsible for contacting FBM and we will contact you promptly.
* At the end of the tenancy, the property will be inspected, meter readings taken and the inventory checked. If there is damage, breakages or if the property requires cleaning any resultant charges will be deducted from the bond (fair wear and tear excepted). If required the Landlord can accompany the FBM representative during this final inspection. All disputes should be rectified within 14 days.
* All utility suppliers will be notified and accounts transferred back to the Landlord.
* We will maintain compliance with HMRC tax regulations for overseas Landlords. (see note 1a).
FBM Lettings charges for the Managed Property Service are:-
1). 12.5% of monthly rental. OR 1a). 15% of monthly rental for overseas Landlords
2). In respect of Deposit Registration and Deregistration - £16.00 plus VAT.
3). In respect of quarterly visits - £32.00 plus VAT per visit.
4). Charges for the independent inventory vary depending on size and location of the property but are typically between £90 and £ 170.
All charges are subject to annual review.
Let Only Service.
This service is aimed at the local landlord who is quite comfortable in managing his or her property, dealing with problems etc. but requires assistance with marketing to find suitable tenants and administration to set up the tenancy.
Our Let Only Service includes:-
*Full marketing service including ’to let’ boards, local press and website advertising and inclusion in our lettings available listings in each of our offices.
*Interviewing prospective tenants.
*Obtaining references from prospective tenants.
*Providing Landlords with the details of prospective tenants.
*Preparation of an Assured Shorthold Tenancy agreement for an initial period of six months.
*The initial rent will be collected, along with the bond, which will be held in trust (see note 2 below).
*We will set up a Standing Order between Tenant and Landlord for rent payment.
*We will check the tenant into the property and take meter readings and check the inventory.
*We will notify the relevant Council and utility companies of meter readings.
*At the end of the tenancy, the property will be inspected, meter readings taken and the inventory checked. If there is damage, breakages or if the property requires cleaning any resultant charges will be deducted from the bond (fair wear and tear excepted). If required, the Landlord can accompany the FBM representative during this final inspection (see note 3 below).
FBM Lettings charges for the Let Only Service are:-
1). Let Only Service - £495.00 plus VAT.
2). In respect of Deposit Registration and Deregistration - £16.00 plus VAT.
3). Inspection at the end of the tenancy - £110 plus VAT.
All charges are subject to annual review.
TDS Registered.
The Tenancy Deposit Scheme has been established under the Housing Act 2004. It requires landlords to register
details of the start and end of all Assured Shorthold Tenancies on which they take a deposit. The Dispute
Service (TDS) runs this particular scheme and is required to supply summarised details of all tenancies to
[the Department of] Communities and Local Government (CLG).
The Tenancy Deposit Scheme has been set up to service three principal objectives:
2 Ensure the return of the deposit promptly at the end of the tenancy, where there is no dispute about the deposit
3 Where there is a dispute about the deposit at the end of the tenancy, ensure it is dealt with fairly and quickly by the Independent Complaints Examiner (ICE)
For more information, please click on the tds link above.
“ I am happy with the service provided by my agents. Always available, polite, and efficient. Tenants are produced when necessary. “
C. S. Saundersfoot - Landlord Testimonial
About FBM
We are the oldest property rental company in Pembrokeshire and have a wealth of experience in letting .........Services
Property Management.Continue Reading »
Accompanied Viewings Trained PersonnelContinue Reading »
TDS Registered.Continue Reading »