Letting and managing rental properties is what we do, we appreciate that your property is likely one of your most expensive assets and an investment that needs to be well maintained and managed professionally
In turn JMS offers all clients a friendly, approachable, dedicated and experienced team of professional agents, who are on hand to promptly deal with any queries and maintenance issues your tenants may encounter.
Service options available and what is included:
Tenant Find
We will:
- Property marketing – photos, online marketing (includes advertising on Rightmove, Zoopla, JMS Website, Spare Room and social media platforms).
- To Let board (optional)
- Qualifying potential applicants and carrying out all viewings
- Submitting application requests to landlords for approval prior to proceeding with referencing
- Carry out full referencing checks, including credit checks, income verification, landlord references (where applicable) and right to rent checks.
- Completing and issuing tenancy documentation and all compliance documents that need to be issued to tenants by law.
- Collection of first months rent and deposit prior to move in – funds transferred once keys have been collected
- Key release
- Handover of completed tenancy documentation.
Cost: £450 + VAT = £540 or 50% of the first months’ rent (whichever is greater) No Let No Fee – on the basis the landlord agrees to single agent contract with LP Lettings for minimum of 3 months.
Fully Managed
- Property marketing – photos, online marketing (includes advertising on Rightmove, Zoopla, JMS Website, Spare Room and social media platforms).
- To Let board (optional)
- Qualifying potential applicants and carrying out all viewings
- Submitting application requests to landlords for approval prior to proceeding with referencing
- Carry out full referencing checks, including credit checks, income verification, landlord references (where applicable) and right to rent checks.
- Completing and issuing tenancy documentation and all compliance documents that need to be issued to tenants by law.
- Collection of first months rent and deposit prior to move in – funds transferred once keys have been collected
- Key release
- Handover of completed tenancy documentation
- Full property inventory / condition report
- Allocate a dedicated Property Manager to your Property
- Collect monthly rent and issue monthly statements to landlords
- Same working day payment of rent
- Pursue any rent which becomes overdue or is outstanding from tenants
- Arrange for compliance certificates to be renewed i.e. gas safety certificates / EICR’s if required)
- Conduct periodic property inspections
- Direct contact for tenants
- Arrange any maintenance required reactive or planned with landlord instruction
- Annual rent reviews
- Tenant notice handling
- Deposit protection and management.
- 24 hour emergency maintenance line (this line operates 24/7 – 365 days a year)
- Legal referrals
- Debt management referrals
- Updates on any changes in legislation that effects yourself as a landlord or your property
Cost: Initial set up fee of £399 + VAT = £478.80 taken from first month’s rent, and 12% (INC VAT) of total rent per month for duration of contract
HMO (House of multiple occupation) Option
As a company, we have vast experience in the management of HMO properties in Nottingham and throughout the Midlands. We currently manage approximately 200 rooms across the Midlands so rest assured you’d be in safe hands.
Included in our Full Management service for HMO landlords:
- Dedicated HMO department
- Property marketing – photos, online marketing (includes advertising on Rightmove, Zoopla, JMS Website, Spare Room and social media platforms).
- To Let board (optional)
- Qualifying potential applicants and carrying out all viewings
- Submitting application requests to landlords for approval prior to proceeding with referencing
- Carry out full referencing checks, including credit checks, income verification, landlord references (where applicable) and right to rent checks.
- Completing and issuing tenancy documentation and all compliance documents that need to be issued to tenants by law.
- Collection of first month’s rent and deposit prior to move in
- Full room inventory / condition report
- Collect monthly rent and issue monthly statements to landlords
- Pursue any rent which becomes overdue or is outstanding from tenants
- Arrange for compliance certificates to be renewed i.e. gas safety certificates / EICR’s if required)
- Conduct periodic property inspections
- Direct contact for tenants
- Arrange any maintenance required reactive or planned with landlord instruction
- Annual rent reviews
- Tenant notice handling
- Deposit protection and management.
- 24 hour emergency maintenance line (this line operates 24/7 – 365 days a year
- Legal referrals
- Debt management referrals
- Updates on any changes in legislation that effects yourself as a landlord or your property
Standard pricing structure for HMO management:
Initial tenancy set up fee £399 + VAT = £478.80. Monthly management fee 12.5% + VAT of the monthly rental. For additional required services, such as regular communal area cleaning / gardening – quotes are available upon request
Legal Expenses and Rent Guarantee: At an additional charge for any property with a fully managed service, we can arrange legal protection and rent guarantee insurance. This will give you protection if the worst happens. Further details are available on request.
Local Authorities: We have vast experience of working closely with the Local Authorities across the Midlands. For an additional charge we can liaise with the Local Authorities on your behalf surrounding issues such as Licensing and Environmental Health. Further details are available on request.
Currently with another agent?
If you are looking to change your managing agent, we can always help!
If you wish to appoint us as your managing agent we offer a full management take over service at no cost to you – that’s right, there is no set up or administration fee to move your property to us.
We make the process quick and hassle free, ensuring a smooth transition for yourself and your tenants and ensure you and your property remain compliant with legislation.
For our clients peace of mind we are registered members of the PRS (Property Redress Scheme) which provides assurance to our landlords and tenants that we adhere to the industry code of practice for the private rented sector. We also utilise a client money protection account for all landlord and tenant transactions.
All deposit received are fully registered with the Deposit Protection Service (DPS).
Why choose JMS to manage your property:
- Personal and friendly service from a highly experienced team
- Professional marketing
- In depth referencing
- Professional account management and monthly rental statements
- 24 Hour emergency maintenance line
Book your free valuation!
Booking a free rental valuation is a great first move for any landlord, property owner or investor. A valuation will give you a clear idea of your property’s rental value, taking into account market trends, any changes in the market, location, and property condition.
Knowing your property’s value will help you set the right price, attract the right tenants, and make the most of your investment.
