Landlord Services

Franklin Reids will work with you as a landlord to assess your individual needs and requirements and to ensure that we tailor our services uniquely to you and your property requirements.

Our primary focus is always on applying a rigorous quality control in vetting prospective tenants for our landlords. We believe that in applying these tight vetting procedures that this provides long term benefits for our landlords.

We fully reference check all tenants which includes credit check, previous landlord references and verification of employment. We also conduct interviews with prospective tenants prior to viewing properties. We believe that this combined approach of ticking the eligibility criteria along with a personal assessment is what differentiates Franklin Reids from our competitors.

Long term this ensures we get the right tenants to ensure that they look after your property with care, respect, pay rent on time and stay in the property for the term that you are happy with. In most cases landlords prefer tenants to stay long term, but some landlords require tenants on a short term basis. Whatever your requirements we will find the right tenants for you.

We don't give you false promises to let your property over night, however we do promise to take our time to find you the right tenants which pays dividends in the long term.

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WHY CHOOSE OUR MANAGEMENT SERVICE?

We understand that it can be a stressful process managing your rental property so we aim to take that stressful process away. By offering a competitive management fee we can ensure that the cost is manageable each month and doesn't adversely affect your rate of return each month.

We look after your property like it's our own. By having a strong vetting process of all tenants we ensure that the risk of any bad tenants are minimised. Our staff are fully trained to ensure they find the right tenants for your property.

We make sure all maintenance issues are dealt with quickly and efficiently in a timely fashion to ensure minimum damage to the property and minimum inconvenience to the tenants. We proactively encourage tenants to report any issues in advance and these are also double checked on each mid term inspection. In doing so, this not only keeps tenants happy in their letting, but also ensures no further damage or other wider issues arise at a later date that could be more costly to the landlord.

Franklin Reids have a dedicated landlord login portal that allows every landlord to have full access to their account which allows you to check on rents received, all invoices and any current and outstanding works orders.

We pride ourselves in making sure our staff are trained to the highest standards in customer service and have the necessary customer facing skills to ensure they know how to deal with a wide range of issues that may arise at any time.

FRANKLIN REIDS LANDLORD ACCESS

  • 24 Hour access to your account
  • Portal access on your mobile, laptop or tablet
  • Full details of viewings and the outcome
  • Approval of wording and property details
  • All live tenancies For Landlords
  • Tenancy details
  • Landlord statement and invoices
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Fully Managed Service & Let Only

Franklin Reids Property offer both a Fully Managed Service and Let Only service which includes the following services;

FULLY MANAGED SERVICE

  • Find a Tenant
  • Rent Guarantee *
  • Notify all Utility Provides of New tenants
  • Property Management Service: available 24 hours a day 7 days a week
  • Lease Extension and Renewals
  • Rent Collection
  • Register Tenant Deposits: Tenancy Deposit Scheme
  • Mid Term Inspections
  • Inventories
  • Check In & Check Out Service
  • Landlord Account Login - Access to your account 24 hours a day

* Rent Guarantee is only applicable for the first 6 months of the tenancy, if you require longer term guarantees please speak with one of our team members for further information.

Fully Managed Service

LET ONLY SERVICE

  • Find a tenant
  • Register tenant deposits
  • Collect initial first months rent and set up tenants standing order with your chosen bank account.
  • We also offer a number of additional services and can custom make a program that suits you, please contact us to discuss this further.

Should you wish to choose the Let Only Service and wish to retain the tenants deposit, Under the 2004 Housing Act, from the 6th April 2007, you as a landlord are required to register and comply with the tenancy deposit protection scheme DPS or TDS. Franklin Reid Property will require a copy of your registration of your chosen protection scheme before we can process any application.

Franklin Reid Property offer complete transparent fees, there are no hidden extras so please contact us to find out about our full costings. Email the Franklin Reids team at info@franklinreidsproperty.com.

Franklin Reids operates in a professional manner and is regulated and fully audited as a member of ARLA (The Association of Residential Letting Agents) and The Property Ombudsman, which ensures all our clients that they are dealing with trusted and knowledgeable staff.

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Lettings Fees

Management Fee 12% including VAT
Letting Fee (Including Marketing, Advertising, Referencing, Tenancy Agreements, New Tenant Documentation & Inventory): £480 including VAT
Tenancy Renewal £180 including VAT

OPTIONAL ADDITIONAL SERVICES

Rent Guarantee £195 per tenancy including VAT 12 months
£135 per tenancy including VAT 6 months
24-Hour Emergency Maintenance Contract £120 pa including VAT
Key Cutting £10 + cost of keys including VAT
Fobs Cost available on request
Gas Safety Certificate £120 including VAT
Electrical Safety Certificate £165 including VAT
EPC Charge £120 including VAT
Electrical Safety Test/PAT £165 including VAT
Service Charge/Ground Rent Payment and Allocation £85pa including VAT
Service of notices (Section 8, 13 and 21) £40.00 including VAT
Possession Application Through the Courts £200 including VAT plus Court Fee
Preparing Documentation for a Possession Court Hearing £80 including VAT
Court Representation Cost available on request
Ombudsman TSI ARLA CMP