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Property Management with Lawrence Rand

Landlords

When it comes to renting out your property, you are entrusting possibly your most valuable asset with your Letting Agent; so you need to have complete peace of mind with who you decide to choose.

There are so many agents out there; so why choose Lawrence Rand?

We are professionals

In February 2016, Lawrence Rand became members of The Association of Residential Lettings Agents (ARLA) so you can rest assured you are dealing with regulated property professionals.

What Is ARLA?

The Association of Residential Letting Agents (ARLA) is the UK's foremost professional body for letting agents. ARLA members are professionals working at all levels of letting agency, from business owners to office employees.

What does it mean for you the Landlord?

 

We are proactive

We have a team of fully qualified and regulated staff, fantastic contacts with local companies and numerous London clients. We are therefore in the best position to let your property in the shortest possible time and for the highest possible rental amount.

We offer the latest technology available for securing a tenant quickly, including professional photography, floorplans property videos and, as you will have seen, a fully responsive website, for those visiting us on their mobile devices. In addition, we advertise our rental properties on the top online portals; ‘Rightmove’ and ‘Zoopla’, and in our high street window.

We are Compliant

Lettings legislation changes regularly with hefty consequences for getting it wrong, so Lawrence Rand are constantly training and updating our procedures and literature to ensure that you are fully compliant at all times and have the best advice possible. We are able to assist with obtaining all of the safety certification and reports you require, so do not hesitate to contact us for details.

Whether an overseas landlord or just simply round the corner, here at Lawrence Rand we aim to provide the best possible service for you, so you can be rest assured that your property is in safe hands.

We look forward to the opportunity to let your property and assure you of our best attention at all times.

Choosing the right tenant

In the current market, finding a tenant can prove to be the easiest part of the process. However, at Lawrence Rand, we focus on finding a suitable tenant for your property- we won’t just move anybody in!

We use an independent referencing company, who carry out vigorous credit checks, previous landlord and work references and also offer you, the landlord, with a rent protection insurance, providing all the references have passed correctly.

To ensure complete peace of mind for you, we also lodge all our deposits received with The Deposit Protection Service (DPS), a government approved deposit protection scheme.

We offer a full comprehensive range of services which can be tailored to meet your needs, from Rent Collection right through to Fully Managed. Whatever service you choose we are scrupulous in selecting the right tenant for your property and ensuring you can achieve the best possible rental income.

If you are currently renting or thinking of renting your property, please contact us for expert and friendly advice and to book your free no obligation market appraisal.

Landlord Fees

Standard Fees

Letting & Rent Collection Service: 12% of the market rent (10% + VAT)
This includes marketing of the property, carrying out accompanied viewings, arranging for the inventory to be carried out, carrying out the relevant checks on the potential tenant including credit check, referencing, finalising the tenancy agreement monthly rental collection, pursue non-payment of rent and provide advice on rent arrears.
Full Management Service: 18% of the market rent (15% + VAT)
Our Full Management service includes all of the above, as well as getting quotes for, and arranging repairs within the property, carrying out 1 routine inspection per annum and notify the landlord of the outcome, advising all relevant utility providers of changes and hold the keys throughout the tenancy term.
Lettings & Rent Collections Renewals on 1st 2 Years: 10% of the market rent (8.34% + VAT)
Full Management Renewals on 1st 2 Years: 15% of the market rent (12.5% + VAT)

Other Fees

Check In Fee: A check in fee is payable by the landlord at the commencement of the tenancy. The price will depend on the size of the property and prevailing rate at that time.

Gas Safety Certificate: £108.00
Electrical Safety Certificate: £48.00
Energy Performance Certificate: £90.00
Deposit Protection: £42.00
Serve Notice: £125.00
HMRC return for Non-resident Landlords: £42.00
Income and Expenditure Report: £60.00
Additional Property Inspections: £120.00
Refurbishment Services project management fee: 12% of the total works
Court Appearance: £300.00 per day, or part thereof.

Your vetted contractor may pay a referral fee to Lawrence Rand. The fee paid will be included within the contractor's invoice and could be up to 10% of the total invoice amount depending on the service provided, the details of which are available on request. This does not affect the final amount you pay.

All fees unless otherwise stated are inclusive of VAT

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