Helpful resources for landlords
If you are considering becoming a landlord or are already an established landlord looking for some additional hints and tips or advice, please refer to the links below for helpful resources.
Cheap isn't always better
Cheap isn’t always better – Are you being short changed by your letting agent?
Information for Landlords
Information for Landlords – Why should I choose Rockett Home Rentals as my letting agent
Essential Tips
Essential Tips – Useful advice from location to presentation of the property
Landlord Checklist
A Landlord Checklist – Everything you need to know from consent to let through to health and safety
Legionella Testing
Legionella Testing – Guidelines
Right to Rent
Right To Rent – What does this mean for you?
Landlord Responsibilities
Your Responsibilities as a Landlord
What About Tax?
What about Tax?
HMOS
Houses in Multiple Occupation (HMOs)
Landlords checklist for selecting a letting agent
Landlords Checklist for selecting the right agent
As part of our service to landlords and tenants, we provide (via Help me Fix) an out of hours maintenance triage service that connects tenants to tradespeople over video. This service has been proven to solve many issues via triage without the need and cost for a contractor to physically attend or go out to quote.
Rockett Home Rentals Price Challenge
We are confident that over a 12 month period, we offer more services for less money than your current letting agent is charging you.
On average, we are 25% cheaper.
Our monthly management fee is 10% + VAT and an annual fee of 8%, including VAT of the yearly rent.
Our standard management service includes:
- Professional photography (this is a free, complimentary service, as Rockett Home Rentals retains the IP of the photographs).
- Professional credit and reference checks
- Right to rent checks
- No set up fees
- Professional inventory
- Registering the deposit
- Notifying utilities
- Rent guarantee and legal cover insurance
- Dealing with all maintenance
- No agency mark up on any expenditure such as maintenance, certificates, etc
- Out of hours video triage maintenance service
- Professional mid term inspections every six months
- Annual statements
- Service of notices
- Rent reviews
- Renewals
- Professional checkout at end of tenancy
- Dealing with any deposit disputes
- Re-letting the property and repeating the above
Your current agent will be charging some or a lot of the above as add-on chargeable extras. These add-ons are not bells and whistles, they are essential for a legally compliant tenancy and to protect the landlord.
Also, the Renters (Reform) Bill will soon end fixed-term tenancies and move to “rolling” periodic tenancies. This means the longest tenancy term a landlord can ask for is 6 months. Under most agencies’ terms of business, you could be paying set up fees every six months.
Rockett Home Rentals will keep its annual administration fee the same, so no matter how many tenancy changes in a year, you will still only pay our fee once a year.
The following is a simple way to test whether you are paying more or less than you were with Rockett Home Rentals.
If the rent is £800 PCM, for instance, over a calendar year, Rockett Home Rentals will charge you £1920, including VAT.
With your current agent, add the monthly fee times 12, the set-up fee and any add-ons from the service list (don’t forget the maintenance, certificate, and goods mark up your agent will probably be adding)
Once you have added everything up, are you paying more than £1920 over a calendar year? If so, speak to us to reduce your costs.
