Rent collection only
Using this service can mean rent is more likely to be paid on time; there is less chance of payment problems going out of control, with the income from your property improving annually. It also helps keep your tenant relationship from being too personal.
- Tenant rent payments collected paid into your bank account within 72hrs of receipt.
- Late payment of rent chased promptly by text message, phone call or house visit to keep tenants on track with their rent.
- Annual rent review done fairly and professionally to increase your property income.
- Online access to rent & payment records for up-to-the-minute financial information.
- Annual statement to keep on top of your accounts
Rent Collection and Compliance
Adding Compliance Support to our Rent Collection Service means that as well as the rent being managed, you also have confidence in knowing you comply with any legal and/or council selective licensing requirements – yet you still retain control of day-to-day matters relating to your property.
- Two property inspections per annum to monitor condition of your property, as required under selective licensing rules. Any fire or security alarms installed will be tested and recorded as such, during the inspection.
- Arranging annual gas certificate & boiler service with your preferred plumber or our own (plumber invoice charged at cost).
- Arranging EPC, EICR & PAT certificate renewals as required, with your preferred electrician or our own (contractor invoices charged at cost).
- Certificate & report holding service for speedy access to documents as required.
Comparing Services - A Quick Guide
| Rent Collection Ony |
Rent Collection & Compliance |
Full Property Management |
|
|---|---|---|---|
| Tenant rent payments collected | Yes | Yes | Yes |
| Late payment of rent chased promptly | Yes | Yes | Yes |
| Annual rent review with tenant(s) | Yes | Yes | Yes |
| Online access to rent & expense records | Yes | Yes | Yes |
| Annual statement for accounts | Yes | Yes | Yes |
| 2 property inspections per annum | Yes | Yes | |
| Arrange gas, EPC & EICR certificate renewals | Yes | Yes | |
| Certificate & report holding service | Yes | Yes | |
| Inspection report action follow up | Yes | ||
| Main point of contact for tenant queries | Yes | ||
| Maintenance issues verified & repairs arranged | Yes | ||
| 24/7 emergency call service | Yes | ||
| End of tenancy administration | Yes | ||
| Fee (inc VAT) | 5% | 7% | 12% |
As a landlord, why would I need the help of Woo Properties for this?
Our independence means we are often viewed more formally by tenants when paying their rent, discussing payment issues or conducting rent reviews. We have an excellent track record in collecting rent so your arrears risk is reduced. The detailed records we keep will help you when submitting your tax return; or if the worst happens and you need to take legal action against a tenant.
Our property inspections are designed so you can keep an eye on the condition of your property whilst putting a "tick in the box" to prove you have monitored the key issues under Council Selective Licensing rules. With our support you won’t miss any required renewal of a gas certificate, electrical installation condition report or EPC. PDF copies of documents are stored on secure data servers which can be sent to you promptly as required, so no more stress of searching for lost paperwork.
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