Managed Property Service

Landlords, are you seeking to elevate your property management experience and maximize tenant satisfaction? RentCityFlat.com is your ideal partner, combining cutting-edge technology with extensive expertise in residential lettings and property management. Our Managed Property Service offers competitive pricing and surpasses traditional agencies' conventional offerings.

Managed Property Service

5% of rent (6% inc. VAT)
fees paid monthly

6%

including VAT

#1 Tenant Check-In

✅ Included

A Warm Welcome Check-In

Introducing RentCityFlat.com's Tenant Check-In service that ensures every tenant's move is as smooth and stress-free as possible. From the moment your new tenants arrive, they are greeted with a friendly smile and a professional property host ready to welcome them into their new home.

#2 Inventory Check-In

✅ Arranging the Inventory Clerks and providing access is included for Free within our Managed Property Service. ➕ Inventory Clerk fees

Detailed Inventory Insights

At RentCityFlat.com, we introduce our meticulously crafted Inventory Check-In Service, built to safeguard both landlords and tenants. This service accurately captures the property's condition upon move-in, setting a transparent benchmark for the tenancy duration.

#3 Property Care

✅ Included

*Proactive Property Care

Introducing RentCityFlat.com's Property Care Service - a standout service designed to enhance the tenancy experience by educating and guiding tenants on the proper care of your property. This proactive approach not only informs tenants about the functionalities of their new home but also reinforces their responsibilities to maintain it meticulously.

#4 Property Maintenance

✅ Arranging Contractors and providing access and case management is included for Free within our Managed Property Service. ➕ Contractor fees and repair costs

Efficient Property Maintenance

Introducing RentCityFlat.com's Property Maintenance Service, a specialized service crafted to maintain your property in optimal condition. Our diligent approach ensures that any maintenance issues are promptly resolved with the utmost professionalism, resulting in peace of mind for both landlords and tenants.

#5 Property Inspections

✅ Arranging Inspections between property Hosts and tenants is included Free with our Property Management Service. ➕ Inspection cost of the Property Host will be additional fees.

Vigilant Property Inspections

Introducing RentCityFlat.com's Property Inspections Service - a proactive service feature designed to maintain the integrity and condition of your property throughout the tenancy. With our Property Hosts acting as dedicated guardians of your property, you can be assured of meticulous oversight and regular upkeep.

#6 Key Management

✅ Includes Key Administration and Management will be additional fees ➕ Key replacement costs.

Secure Key Management

Introducing RentCityFlat.com's **Key Management Service** — a crucial service designed to handle all aspects of key distribution and management for your property. This service ensures that property access is seamless and secure, whether for tenants, contractors, or during any necessary inspections.

#7 Property Cleaning

✅ Includes arranging cleaning providing property access and administration. ➕ Cost of cleaning and cleaning materials or equipment.

Pristine Property Cleaning

Introducing RentCityFlat.com's Property Cleaning Service — a meticulous service dedicated to maintaining the cleanliness and appeal of your property. Our service ensures that your property remains in top condition, particularly crucial at the start and end of tenancies, or any time in between as needed.

#8 Tenant Check-Out

✅ Included

Smooth Exit Tenant Check-Out

Introducing RentCityFlat.com's Tenant Check-Out Service — a service designed to ensure a seamless and orderly transition at the end of a tenancy. Our goal is to make the move-out process as smooth as possible for both landlords and tenants, ensuring that the property is returned in excellent condition.

#9 Inventory Check-Out

✅ Arranging the Inventory Clerks and providing access is included for Free within our Managed Property Service. ➕ Inventory Clerk fees

Thorough Inventory Check-Out

Introducing RentCityFlat.com's Inventory Check Out Service — a critical service that ensures a detailed and fair assessment of your property's condition at the end of a tenancy. Building on the foundation set by our Inventory Check-In service, this feature aims to make the move-out process as transparent and straightforward as possible.

Managed Property Fees - Add On Service

Find A Tenant + Rent Collection Services

When a landlord signs up for our Managed Property Service Add On they get both the Rent Collection Add On (2% Fee) as well as the Managed Property Add On (3% Fee) giving a total additional 5% Add On Fee. Again, our fees are deducted from the rent payments we receive

Rent Collection Timeframe Weekly Monthly Quarterly Half Year Annually
Rent £230.77 £1,000.00 £3,000.00 £6,000.00 £12,000.00
Find A Tenant Service Fee 8.0% 8.0% 8.0% 8.0% 8.0%
Rent Collection Add On Fee 2.0% 2.0% 2.0% 2.0% 2.0%
Total Service Fees 13.0% 13.0% 13.0% 13.0% 13.0%
UK Value Added Tax 20% 2.6% 2.6% 2.6% 2.6% 2.6%
Total Fee including tax 15.6% 15.6% 15.6% 15.6% 15.6%
Service Fees Deducted £36.00 £156.00 £468.00 £936.0 £1,872.00
Rent paid to Landlord £194.77 £844.00 £2,532.00 £5,064.00 £10,128.00

Tenancy fees

These are non-optional fees for compliance with industry best practices. They are in addition to the service package fees above. All fees include 20% VAT.

Fee Price from Unit
Tenant Referencing £60 Per Tenant or Guarantor
Check In and Check Out inspection and report £200 Each per Tenancy
Tenancy preparation fee £150 Per Tenancy
Deposit protection registration £80 Per Tenancy
Tenancy contract renewal £120 Per Tenancy
Withdrawal from Tenancy Up to £1,600 If the Owner Pulls out where a suitable Tenant has been found and referenced with an agreed date of occupation

Ad hoc fees

These are in addition to the service package fees, above, and we will seek your approval before proceeding. All fees include 20% VAT.

Fee Price from Unit
Rent insurance (Please be aware this is correct at the time of last update. However, insurance companies often change pricing based on actuarial risk calculations. Owners will be provided with exact insurance quotes before purchase.) £134
£185
£245
£198
£279
£349
£549
Monthly Rent Below £2,500 (6 months tenancy)
Monthly Rent £2,501 – £5,000 (6 months tenancy)
Monthly Rent £5,001 – £7,500 (6 months tenancy)
Monthly Rent £7,501 – £10,000 (6 months tenancy)
Monthly Rent below £2,500 (12 months tenancy)
Monthly Rent £2,501 – £5,000 (12 months tenancy)
Monthly Rent £5,001 – £7,500 (12 months tenancy)
Monthly Rent £7,501 – £10,000 (12 months tenancy)
Electrical Installation Condition Report (EICR) £240 Maximum per report
Licensing application
(Property licenses are subject to local authority approval)
£500 Per license
Sale completion and handover management
(Refundable after appointing us as your agent, on either Managed Property or Full House service packages)
£600 Per sale completion and handover management
We pay rental income tax for you £60 Per quarter
Pay rental income tax yourself £180 Per application
Property mid-term inspection £120
Vacant property inspection £120 Per inspection
Portable Appliance Tests £120 Per flat
Project management for works over £1,000 £60 Per hour
Court appearance £120 Per hour
Documentation for court cases or deposit scheme arbitration £240 Per court case or deposit scheme arbitration
Sales facilitation – viewings access, and sales questionnaire and other documentation (only applies when we are not the sales agent representing you) £120 Per viewing attendance, and per questionnaire/document pack
Key cutting £24 Per set
International rent remittances £30 Per payment
Appoint us as your processing agent for bank mortgages £160 Per annum
Energy Performance Certificate (EPC) £78 Per certificate (cost varies with property size)
Gas Safety Certificate (Gas Safe) £83 Per certificate (cost varies with number of gas appliances)
Property cleaning £15 Per hour

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