Full Management

Our Full Management service encompasses: market appraisal; guidance on Landlord responsibilities; marketing and advertising; accompanied viewings; comprehensive reference checks; tenancy documents; repairs and maintenance; regular property visits; and the rapid transfer of rental payments into your account.
Choose from our Full Management services: 

SurePay - Guaranteed Rent, 52 weeks a year, even when properties are empty!
CompLet - A cost-effective package to maximize your return.

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SurePay


Guaranteed Rent – 52 weeks a year – even when properties are empty!

SurePay is ideal for anyone looking to enjoy the benefits of being a Landlord, without the headaches. You won’t have to cover arrears and empty periods. What’s more, there are no charges for setting up the contract, no tenant introduction fees, no commissions and no hidden extras. 12 weeks before your contract expires, we’ll contact you to offer a new contract or give you the option to leave the SurePay scheme.


How to get started
 
We’ll value your property and offer you a set monthly amount for an initial period of a year. This will be paid into your account every month – even if your property is vacant or the tenant fails to pay the rent. Your contract starts the day a tenant moves in, and if we can’t find a tenant in 3 weeks after the property has been vacated and ready for viewing, we’ll start your contract on the 22nd day.
 
Safeguarding your investment
 
We’ll take full responsibility for your property, and we’ll ensure that tenants treat it with the utmost respect. We’ll make regular inspections, take care of any maintenance, and on check out we’ll cover internal damages of up to 6 weeks’ rent. If we need to evict tenants or recover unpaid rents, we’ll take care of any legal costs and manage the process while you continue to receive your monthly rental payments.
 
No hassle, and no extra fees
 
SurePay is ideal for anyone looking to enjoy the benefits of being a Landlord, without the headaches. You won’t need to answer questions, requests or complaints from tenants, and you won’t have to chase them for rent, or cover arrears and empty periods. What’s more, there are no charges for setting up the contract, no tenant introduction fees, no commissions and no hidden extras.
 
Renewing your contract
 
12 weeks before your contract expires, we’ll contact you to offer a new contract or give you the option to leave the SurePay scheme.
 
To find out more about our SurePay guaranteed rent service, contact Jam Koramshai on 07790 000277 or jam@korlet.com


CompLet 

KorLet comprehensive property management package delivers round-the-clock care for both your property and your tenant.

Inspections of properties are carried out periodically, and we have registered GAS SAFE and NICEIC engineers on hand to carry out necessary safety checks and other maintenance services. Our experience in developing and managing a significant number of properties enables us to keep your costs down.

Our commission for this service is 12% + VAT on rents collected on your behalf, in addition to a one-off Tenancy Documentation Fee of £125 + VAT. After the initial tenancy period, you can terminate your contract at any time by giving 3 months’ notice.

In addition to those points listed in the Letting Only Service, the Full Management package would also include:

  • Key holding and point of contact for tenant Dealing with day-to-day issues with your tenant and all matters arising during the tenancy
  • Protection of tenants' security deposits in bonded client account Taking and holding deposits in designated client account and registration with an approved Tenancy Deposit Scheme if applicable. We also advise on deposit deductions, if any, at the end of the tenancy.
  • Rent collection and Fast Money Transfer Monies due to you are transferred electronically to your bank account as soon as they are received and cleared, together with income and expenditure statements. We pursue late rent payment via emails, telephone calls and in writing. We liaise with solicitors and sheriff officers if appropriate.
  • 24/7 exclusive landlord on-line account A secure and exclusive online page with fully itemised property expenditure that can be accessed from anywhere in the world, at any time, with daily updated statements of income & expenses.
  • Arrangement of Repairs & Maintenance Dealing with all day-to-day matters and organising routine maintenance, repairs & cleaning. Negotiating on your behalf to ensure the job is undertaken as quickly and as efficiently as possible at the best possible price.
  • Payment of Outgoings Arranging payment of bills and outgoings and deduction from rental income
  • Transfer of council tax, utility accounts between landlords and tenants.
  • Regular Property Visit to the property every six months during the tenancy. Additional visits can be arranged if required.
  • Renewal of Tenancy Agreements Negotiating and preparing tenancy renewal including rent review where applicable
  • Serving of Notice to Quit Arranging to Serve any legal notices including Notice to Quit, if/ when required
  • Check-out on termination of tenancy Arranging to check the inventory and schedule of conditions at the end of the tenancy and reports on work required and advice on any deductions that may be claimed from the Security Deposit.
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