IF
YOU ARE THINKING OF LETTING YOUR PROPERTY
OFFER
A PROFESSIONAL PROPERTY MANAGEMENT SERVICE
We
market your property to existing applicants and to a wider area by advertising.
We have many
prospective tenants waiting for properties from one bedroom flats to five
bedroom houses.
We
insist on certain criteria being met by any prospective tenants.
All prospective
tenants are vetted using personal interviews and taking up references
from
their Employers, previous Landlords and their Bank/Building Societies.
We
produce a full condition report
Before any
tenant takes up occupation of the property a full condition report is
carried out
We,
with your authorisation take care of any repairs etc. that may be necessary
at
no extra commission charge.
If any problems
i.e. plumbing, electrical etc. arise we will confirm full details of the
problem,
and then on the Landlords authorisation source the best price for the
job, obtaining
written quotations. We will check that any work is completed satisfactorily.
Invoices
will be forwarded to Diamond Mills who will deduct monies from the rental
account
for the month and forward copies of all invoices to the Landlord for Income
Tax
purposes. No additional commission is charged for this service.
We
carry our regular inspections of the property.
A full inspection
of the property is carried out every three or six months either
accompanied
or unaccompanied by the Landlord.
We
issue any Notices required to terminate a Tenancy Agreement.
All legal
documentation i.e. Tenancy Agreements, and Notices to Recover Property
are
issued and handled by Diamond Mills.
LETTING
OUT OF YOUR PROPERTY
A suitable
tenant is found.
A rent is
agreed on a calendar month basis.
An Assured
Shorthold Tenancy agreement for six months is issued, signed by the Landlord
and the Tenant.
This agreement
is ongoing after the six months unless notice is given by either parties.
The Landlord
has to give the tenant two months notice on the calendar date of the signed
agreement.
The tenant
gives one months notice on any date.
One months
rent is held as a security deposit which is returned to the tenant after
they leave
and a satisfactory final inspection is carried out.
The property
will be inspected every three or six months whichever is requested.
Quotations
are sought for any repairs that may be necessary. These are forwarded
to the
Landlord for his authorisation.
Any repair
costs are deducted from the rental payments and copies of all invoices
are included
in your statements for the month so that they can be used for tax purposes.
Landlords
living abroad may be required to apply to the Inland Revenue for a F.I.C.O
number.
Attached is a form which includes a helpline number. Diamond Mills need
to know
from the Landlord if he requires a number or not as he will be taxed automatically
as living abroad if we do not get confirmation either way.
A Landlords
Gas certificate is required by law if there is any gas to the property.
An Electrical
Appliance certificate is also required if items such as kettles, hoovers
etc are left in the property. Diamond Mills can obtain these for the property.
The Tenant
is responsible for the garden. Special instructions should be left for
any special
treatments, specialist pruning etc.
The Tenant
is responsible for all service charges on the property i.e. Gas, Electric,
Water,
Council Tax, Telephone.
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