Fully Managed Service - 10%+VAT
Full marketing exposure on an annual basis for academic year re-let, advertisement on all major portals, accompanied viewings, offer negotiation, referencing including guarantor, Right to Rent Checks, tenancy agreements, deposit registration, collection of rent payments (you will receive a monthly statement of account), handling of all maintenance queries, tenant liaison, renewal of contracts (if applicable), regular property inspections (in line with HMO licence conditions) and check out deposit dilapidations and preparing the property for check in.
Property Set Up & Marketing Fee - £250+VAT
Chargeable on both Full Management & Rent Collection Only Services. Please note this is an annual fee on HMO student properties.
Rent Collect Only Service - 7.5%+VAT
Full marketing exposure on an annual basis for academic year re-let, advertisement on all major portals, accompanied viewings, offer negotiation, referencing including guarantor, Right to Rent Checks, tenancy agreements, deposit registration and collection of rent payments (you will receive a monthly statement of account).
Maintenance Arrangement Fee - 10%+VAT (Of Total Invoice)
Chargeable on all maintenance arranged through ourselves.
Inventory Services
We work with three professional inventory companies, local to the area and experienced in dealing with student properties. They offer a combined check out, inventory & check in package. Prices vary based on property size.
HMO Licencing
Administrative service for arranging and preparing a HMO application for mandatory or additional licencing.
Reassignment - 3%+VAT (share of the rent)
Whilst every effort is made to ensure that each tenant is happy during their tenancy, unfortunately for reasons beyond the control of ourselves or the landlord, from time to time, a tenant may request to reassign their room to a new tenant during the tenancy. This is something we can accommodate, to avoid any eventuality with loss of rent. The service is FREE to our Fully Managed landlords, however for landlords on an existing Rent Collection or Let Only Service, a fee is chargeable of 3%+VAT calculated at the annual rent proportion of the particular tenant e.g. £500 per month would cost £300+VAT to complete the reassignment.
Terms & Conditions
Although our aim is to take every care in managing the property, ROMAN CITY PROPERTY MANAGEMENT LTD cannot accept responsibility for the non-payment of rent or other defaults by tenants, or any associated legal costs incurred in their collection. An insurance policy is recommended for this eventuality. Client Money Protection (CMP) provided by ARLA Propertymark. You can view the Client Money Handling Procedures online at: http://www.propertymark.co.uk/working-in-the-industry/member-requirements/client-money-protection/