Property Management

Here at Hastings Property Services we can provide a full and complete property management service. For just the one property, a portfolio, HMO and commercial, we can cover it all for you. We have a combined many years of experience, ensuring the service we offer to Landlords, and tenants is amongst the best around.

For Hastings Landlords:

We offer 3 main services:

  1. Tenant finder. £145
  2. Tenant finder + rent collection £120 + 7% rental income
  3. Full management – £120 +9% rental income

Tenant finder:

The tenant finder service is just that, we will find a tenant for you. Once the tenant is signed up, we will give them the details to pay the rent direct to you, and our job is complete. This service normally includes:
Inspection of the property, and collection of all details and photographs required to advertise the property.
Advertising and marketing the property
Accompanied Viewings – All viewings are accompanied.
Tenant checks (reference, credit and immigration etc)
Inventory, EPC and Gas Safety Check available at extra cost
Draw up an AST Tenancy
Handover of keys and signing of tenancy agreement.

Tenant Finder + Rent Collection:

This service typically includes all the options of the Tenant Finder service, plus:
Monthly rent collection from the tenant.
Transfer of rent (minus agent fees) to landlord.
Monthly rental statements.

We only get paid, when you do. That’s how property management should be.

For the rent collection, and the full management (below) we only collect our fee, when we collect your rent. It is in our best interest to find you the best possible tenants for your property, and to ensure that each and every month the rent is collected on time. Any hold ups or delays, means a delay in us getting our fee to. We like getting paid, just like you like getting your rental income.

Full Property Management:

This service will typically include all of the above options, plus the management of the property, which includes:
Meter readings and informing utilities of new tenant.
Arranging contractors for repairs and maintenance
Regular (usually quarterly) property inspections
Arranging tenancy renewal.
Serving notice to leave the property on your behalf
Checking the tenant out the property
Handling and registering the deposit and ensuring the tenant has all the prescribed information.

If needed, by separate arrangement, we can have an inventory clerk complete a full inventory of the property, and offer interim, check in and out inspections.

For Tenants (domestic properties):

The fees we charge are listed below. There are no hidden fees, and we believe that we are one of the most reasonable agents in the area.
Admin + Referencing fee: £75
Guarantors will also need to pay this fee, if you are using one.

Tenancy Renewal: £20

Missed Appointments: £30
Missing a pre-arranged appointment for either our staff or our contractors, without giving adequate notice.

Holding Fee: £180
The holding fee is a prepayment towards the first month’s rent, this reserves the property for you providing all applications are completed within 72 hours. If the admin + references come back negatively, then the holding fee is refunded, minus the admin + referencing fee.

Late rent payment: £30

Those are the main fees that we charge. Obviously if you damage the property, you will be charged for the repair, and likewise if you fall behind with your rent, or need to be evicted for other reasons then fees will be added. The vast majority of tenants however, never have to pay these fees.

Moving in costs and process

For a typical rental property, the following would need to paid before you get the keys. However, please check with us as some landlords require a greater deposit than others.

Once you have chosen your property, we require the Admin + Referencing fee as listed above to conduct the referencing, credit checks etc.

After the checks come back positive, We then require:

1 months rent as the deposit and
The first months rent

Normally your rent will then be due monthly, on a specific date each month.

 

Tailored to meet your needs!

All our packages can be tailored to meet your needs. Its always worth picking up the phone and giving us a call to discuss further details, and to see how we can help you.