Landlords
John Payne Estate Agents offers a comprehensive letting and property management service to take the hassle out of letting your property.
EXPERTISE AT YOUR SERVICE
Are you looking for help with finding and screening suitable tenants? Perhaps you want the peace of mind and convenience of a comprehensive round-the-clock letting and property management service that takes care of everything? Whatever level of support you need, we can provide the service that is right for you.
John Payne Estate Agents and their predecessor firms have more than 100 years’ experience in letting properties in Coventry and the surrounding areas. Our clients range from private landlords with one small rental property to buy-to-let investment landlords with a property portfolio.
As standard we have 4 different levels of service:
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PLATINUM (Fully managed with rent protection) This service will provide all of the below and will also include Rent and Legal Protection to give you additional peace of mind.
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GOLD (Fully Managed) Perfect for landlords who have limited time, or are travelling/living overseas, and want to outsource the entire day to day tenancy management and upkeep of their property investment to a professional property management agent.
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SILVER (Rent Collection)
Perfect for landlords who will manage the upkeep of the property themselves but don’t want to take on the hassle of rent collection. -
BRONZE (Let Only)
Perfect for landlords who want to manage the tenancy themselves but want to ensure all the paperwork (tenancy agreement, inventory and statement of condition) is completed professionally.
LETTING SERVICE
All our services can be tailored to suit your individual needs and we will provide a written quote with absolutely no obligation. We understand that becoming a Landlord can be a daunting experience. Please do not hesitate to discuss your needs with one of our dedicated lettings staff who will be more than happy to give you an overview to what’s involved in letting your property and advise on your legal obligations of being a landlord. So, whether you are thinking of letting your property for the first time or you’re an experienced landlord looking for a new letting agent service, please get in touch to discuss your requirements.
Please view our Guide to Letting brochure:
Please view our Service Levels:
Please view our Charges:
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Platinum Managed with rent protection |
Gold Managed |
Silver Rent Collection |
Bronze Let Only |
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Property appraisal and rental valuation |
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Marketing and advertising |
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Source suitable tenants |
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Accompanied viewings and feedback |
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Take up references and credit checks |
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Tenant Right to Rent checks |
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Draw up tenancy agreement |
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Collect deposit and first month’s rent |
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Signing of the tenancy agreement and issuing all documents as per the Prescribed Requirements (England) Regulations 2015 |
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Notify Council Tax, electricity, gas and water of move in |
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Inventory and statement of condition |
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Register deposit with TDS |
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Rent collection and payment to landlord |
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Monthly itemised statement to landlord |
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Chase any arrears |
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Non-resident landlord tax certificate |
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Conduct regular property inspections |
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Arrange routine servicing and maintenance |
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Advise on any repairs required |
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Arrange emergency repairs |
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Arrange mandatory safety checks |
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Deal with tenant issues and queries |
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Deal with tenancy renewals and rent reviews |
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Deal with serving and receiving notices |
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Remarketing at end of tenancy |
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Oversee tenant check-out |
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Notify Council Tax, electricity, gas and water of move out |
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Arrange deposit return |
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End of year tax statement |
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Rent and Legal protection |
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Priority Monthly Payment |
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* Where a service is not included in a package this may be available at an additional cost. Please contact one of the Lettings Team
Consumer Rights Act 2015 section 83 (as amended)
In accordance with legislative requirements our fees in respect of Lettings Services are as follows:
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Net |
VAT |
Gross |
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Platinum (Fully managed with rent protection) |
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Find tenant and set up tenancy (% of monthly rent amount) |
50% |
10% |
60% |
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Monthly Management fee (% of rent received) |
12.5% |
2.5% |
15% |
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Gold (Fully Managed) |
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Find tenant and set up tenancy (% of monthly rent amount) |
50% |
10% |
60% |
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Monthly Management fee (% of rent received) |
10% |
2% |
12% |
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Silver (Rent Collection) |
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Find tenant and set up tenancy (% of monthly rent amount) |
50% |
10% |
60% |
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Monthly Management fee (% of rent received) |
8% |
1.6% |
9.6% |
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Bronze (Let Only) |
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Find tenant and set up tenancy (% of monthly rent amount) |
75% |
15% |
90% |
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Additional Charges where not included in the level of service |
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Energy Performance Certificate |
£80 |
£16 |
£96 |
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Register the deposit with the Tenancy Deposit Scheme |
£25 |
£5 |
£30 |
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Initial Inventory (Unfurnished) up to 3 bedrooms |
£100 |
£20 |
£120 |
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*Additional cost per bedroom |
£20 |
£4 |
£24 |
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Initial Inventory (Furnished) up to 3 bedrooms |
£150 |
£30 |
£180 |
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*Additional cost per bedroom |
£30 |
£6 |
£36 |
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Routine inspection |
£50 |
£10 |
£60 |
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Existing tenancy renewals (Issue & Signing of all required paperwork) |
£75 |
£15 |
£90 |
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Rent review and issue Section 13 Notice |
£60 |
£12 |
£72 |
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Serving of notices (Section 21 Notice & Section 8 Notice) |
£75 |
£15 |
£90 |
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Oversee tenant check-out and return deposit |
£150 |
£30 |
£180 |
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Notify Council Tax, electricity, gas and water of move out |
£40 |
£8 |
£48 |
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Annual income and expenditure report (For Income Tax Return) |
£40 |
£8 |
£48 |
