Letting Fees

KEY FEATURES ABOUT OUR SERVICES


AJ Home Solutions offers a comprehensive Letting and Property Management service to take the hassle out of letting your property. Are you looking for help with finding a suitable tenant? 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. We understand that becoming a Landlord can be a daunting experience. Please take a look through this section for a step-by-step guide to what‘s involved in letting a property. We have included information on your legal obligations and practical matters as well as an overview of all services we offer and 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. AJ Home Solutions offers Landlords a choice of 3 levels of service. The options you choose will depend how hands-on you want to be, the level of risk you are prepared to accept, and the time and energy you have available to manage your property investment and tenancy.

All printed charges are inclusive of VAT and are subject to change due to change in VAT and/or business practise.
 

Tenant Introduction

  • 6% Inc VAT
  • Market Appraisal
  • Show Home Suggestions
  • Property Description
  • AJ Home Listing
  • Photography
  • To Let Board
  • Open Days
  • Portal Listing
  • Floor Plan
  • Accompanied Viewings
  • Free Text Reminders
  • Collect Offers
  • Negotiate Offers
  • Find Tenant
  • Screening Tenants
  • Drawing Contracts
Enquiry now

Tenant Introduction & Rent Collection

  • 8% Inc VAT
  • Market Appraisal
  • Show Home Suggestions
  • Property Description
  • AJ Home Listing
  • Photography
  • To Let Board
  • Open Days
  • Portal Listing
  • Floor Plan
  • Accompanied Viewings
  • Free Text Reminders
  • Collect Offers
  • Negotiate Offers
  • Find Tenant
  • Screening Tenants
  • Drawing Contracts
  • Deposit collection
  • Rent Collection
  • Deposit Registration
Enquiry now

Full Management

  • 10% Inc VAT
  • Market Appraisal
  • Show Home Suggestions
  • Property Description
  • AJ Home Listing
  • Photography
  • To Let Board
  • Open Days
  • Portal Listing
  • Floor Plan
  • Accompanied Viewings
  • Free Text Reminders
  • Collect Offers
  • Negotiate Offers
  • Find Tenant
  • Screening Tenants
  • Drawing Contracts
  • Deposit collection
  • Rent Collection
  • Deposit Registration
  • Repairs & Maintenance
  • Utility Payments
Enquiry now

 

Tenant Introduction

Perfect for Landlords who have the time and experience to manage their own investment but want the reassurance and convenience of a professional marketing and tenant referencing service best Suits to anyone who is looking to benefit in exposing property to wider audience with comprehensive marketing skills.
 
Tenant Find
 
We will immediately advertise your property on our website and will be actively looking for tenants. Once instructed, one of the first things we do is to match a property with our list of waiting Tenants and send them your property particulars by email and SMS in addition to telephoning them enabling us to arrange viewings almost instantly. We will then accompany property viewings.
 
Rental Valuation & Show Home Suggestions
 
We offer an independent assessment of your property free of charge and with absolutely no obligation.You will be assigned Property Manager to value your property and support you every step of the way. We will provide you with a rental valuation and tips on how you can showcase your property to better present to potential tenants - on decor, furnishings, health and safety issues, any maintenance recommendations and presentation of the property.

We will visit the property and advise you of any work required to meet regulatory requirements.We will also offer advice on any other actions you need to take before you let the property including the necessary reports or refurbishments.

It‘s important that you set a rent that is competitive, fair and achievable. Using our extensive knowledge of the local rental market, we will assess how much your property could rent for in the current climate. Our appraisal will also take into consideration the location, size, standard and condition of the property. During our appraisal we will be happy to discuss the lettings process with you and answer your questions. If you are a first time Landlord you will have plenty of opportunity to find out more about what is involved in letting a residential property.
 
Effective advertising and marketing At AJ Home Solutions we use the latest technology and proven marketing techniques to advertise our rental properties.
 
Professional Photography, Property particulars & Floorplans
 
It is vital to make sure your property stands out and attracts the potential tenants, We will create a polished advert for your home, with a floor plan, detailed description and high quality photos. we will capture quality photographs along with post-processing to make sure it is highlighting the key features of your property and we will share all the photographs and take your opinion before it is published.
 
AJ Home Solutions Website
 
We will immediately advertise your property on AJ Home Solutions website.Our own website www.ajhomesolutions.co.uk is responsive which means it automatically optimises the display to work and look good on smartphones to whichever device your potential tenant uses. Following this we will be actively looking for tenants. We will email and SMS potential tenants in addition to telephoning them enabling us to arrange accompanied viewings almost instantly.
 
LED Light Displays & 4k Large TV Screens
 
Your property will also be displayed on bright good quality A4/A3 Size LED Window Displays also on LED FULL HD 43Inch TV Screens at our office situated at the heart of Rayners Lane surrounded by Banks, Post-office, Coffee Houses, Restaurants-Clubs & Takeaways, Hair & Beauty Salons and very close to Rayners Lane Tube Station catching eyes of hundreds of local commuters and shoppers as well as the passing crowd.
 
Socieal Media
 
Online and social media has now been more effective than traditional methods of advertising. This innovative product additionally demonstrates our commitment to providing our clients with market leading services, while also representing a significant step forward in the way the company’s teamspresent properties. This will enable us attracting more tenants, whilst going above and beyond what competitors offer.
 
To Let Board
 
We will erect one of our highly visible lettings boards to attract more potential buyers.
 
Open Days
 
We will arrange open days and agree with you . this can be either during weekdays or weekend
 
Online Property Portals.
 
We are represented on other top property websites including: zoopla.co.uk, primelocation.com and more! You will be updated with the number of ‘hits’ your property has received online, how many viewings have been booked, feedback from the viewers and the status of all offers you have received. We believe in giving you full transparency.
 
Screening Tenants - Comprehensive Referencing & Credit Checks
 
This vetting process is a critical step in securing a reliable Tenant for you. We carry out thorough credit checks Organize all the relevant credit searches, employment and current landlord references using an Independent credit reference agency, the prospective tenants will go through an extensive referencing process.
  • Credit Checks
  • Personal Identity Check
  • Anti-fraud check with fraud score
  • Report on detrimental credit history
  • County Court Judgement and Court
  • Decree check
  • Bankruptcy & Individual Voluntary
  • Arrangement Check
  • Employers reference or accountants reference
  • if self employed
  • Previous landlord or managing agent reference
  • Future employer’s reference (if appropriate)
  • Undisclosed address check as standard
  • Tenancy application score
  • Bank Validation check
  • Anti-terrorist check
  • Right to Rent
  •  
    We are required by law to check that tenants and other adults who will be living with them have a legal right to reside in the UK. This check must be carried out for everyone regardless of nationality. Please note therefore that all intended occupiers of a rental property will need to bring their original passport (or other suitable evidence of their right to live in the UK) in person to our office in Wokingham for verification before the commencement of any application. Non-compliance will result in access to the property being denied until the necessary checks have been made.
     
    We will also request and checks will be carried out on documentation i.e. Bank statements, wage slips to support an application.
     
    Drawing Contracts
     
    We will prepare and provide you the tenants with a legally binding Assured Shorthold Tenancy agreement and relevant notices and co-ordinate the signing of the same by the tenants. You and the tenant will have sight of this prior to signing.
    Fees
     
    Sole agency fee of 6% of the gross rent per calendar month Inclusive of VAT . Renewals charged at 5% of the gross rent per calendar month inclusive of VAT.
     
    Tenant Introduction and Rent Collection
     
    Ideal for Landlords who want to manage the tenancy themselves but want to ensure all the paperwork (Tenancy Agreement, Deposit and Rent administration) is completed professionally. On your behalf we will: Collect one months' rent in advance, together with a deposit/bond. Collect the monthly rent due from the tenants(s) also chase up any late rent payments as required. It is important to note however, that AJ Home Solutions do not act as a debt collector. Upon receipt of the rent paid by the said tenant(s), to pay the same over to you by BACS to your nominated Bank/Building Society account as per any pre-arrangements made.
     
    Tenancy Deposit Scheme Deposit to be held in government approved scheme It is a legal requirement that we or yourself retain the tenants' deposits in accordance with the Tenancy Deposit Scheme for Regulated Agents (TDSRA) and account for this at the end of the tenancy in accordance with the rules of the Deposit Scheme.
    Fees
     
    Sole agency fee of 8% of the gross rent per calendar month Inclusive of VAT . Renewals charged at 5% of the gross rent per calendar month inclusive of VAT.
     

    Full Management

    This option is for Landlords who have limited time, or are travelling/living overseas, and want to outsource the entire day-to-day management and upkeep of their property investment to a professional property management agent. These involves everything within the Tenant Introduction, Rent Collection service, In addition to this, we will: Offer Virtual Tour of your property which you can share amongst the social media platforms. Online Virtual tours are extremely beneficial and provide our landlords an effective way to showcase their property with all its best features. Prepare monthly statements detailing payment received by the agent on behalf of the Landlord's let property and to clearly state any deductions or fees made by the agency. Arrange and co-ordinate the tenants occupation and vacation of the property. We will carry out property inspections whilst the tenants are in occupation to check the property is being looked after every 6 Months.

    Arrange for appropriate tradesmen to effect necessary repairs and decoration to a maximum cost of £150 In excess of this amount, we will obtain your approval first except in cases of emergency. Works over £150 will incur fees of 6% of the net invoice for management and instruction of contractor works.
     
    Fees
     
    Sole agency fee of 10% of the gross rent per calendar month Inclusive of VAT . Renewals charged at 7% of the gross rent per calendar month inclusive of VAT. Fees payable during the whole of the period that the tenant is in occupation including during any renewal or extension of the tenancy howsoever arising. This will be payable monthly from the rent received. If no rent is received the Landlord remains liable for the full fees including VAT, whilst the Tenant remains in occupation. Such fees will be due and payable within 14 days of formal demand on the Landlord. AJ Home Solutions LTD reserve the right to claim interest on any outstanding monies due from the Landlord at the rate of 3% above the Bank of England base rate from the due payment date until payment by way of cleared funds is received by them.
     
    Additional Non-Optional Fees and charges (irrespective of level of service)
     
  • First Let Fee £120.00
  • Admin charge Amendments to Tenancy Agreement £75.00
  • Renewal of Tenancy Agreement for non-managed properties £30.00
  • Subsequent / Re-letting Fee £90.00
  •  
    Add-Ons Optional Fees and charges
     
  • Tenant Deposit Scheme Registration £36.00
  • Test Smoke & Carbon Monoxide Detectors on the First Day of Each
  • New Tenancy £24.00
  • Energy Performance Certificate £108.00
  • Gas Safety Certificate £65.00
  • Electrical Safety £175.00
  • PAT test Certificate £75.00
  •  
    Inventory
     
    Bedroom/s 1 2 3 4 5 6
    Fees £113 £130 £147 £163 £205 £239
     
  • More than 6 bedrooms by separate negotiation.
  • Re-write of inventory £126.00 (following décor changes)
  • Inventory up-date fee £78.00*
  • Additional rooms incl. conservatories £36.00 *
  • This fee is charged each time there is a change of tenancy.
  •  
    Check-In and Check-Out
     
    AJ Home Solutions LTD’S can arrange Check-In and Check-Out, an independent check- in carried out at the commencement date of the tenancy. Similarly the independent clerk will also arrive to check the Tenant(s) out at the end of the tenancy. The check-in appointment is paid for by the Landlord and the charge for the check-out appointment is paid by the Tenant. The charge for the check-in appointment will be deducted from your first month’s rent and will be reflected on your rent statement. You will be provided with a detailed copy of the check-out report by AJ Home Solutions LTD once the checkout has been concluded. A copy of the report is also provided to the Tenant.
     
    The fee charged will depend on the size of the property as detailed below:
     
    Bedroom/s 1 2 3 4 5 6
    Fees £138 £162 £174 £192 £246 £276
     
  • More than 6 bedrooms by separate negotiation.
  • Arrangement of a contractor or works for non-managed property £36.00
  • Arranging Keys ( Replacement keys and/or additional copies) £6.00 plus cost of keys
  • Weekly visit during void periods per visit £30.00
  • Quarterly property inspections £48.00
  • Section 21 Notice rent collection service £96.00
  • Section 13 Notice rent collection service £36.00
  •  
    Overseas Landlords, AJ Home Solutions will charge an administration fee of £65 each quarter for tax retention and completion of the documentation required by her Majesty’s Revenue and Customs (“HMRC”). If the Landlord is not UK resident,AJ Home Solutions will charge an administration fee of £18.00 for the provision of the required gross annual income and expenditure statement to HMRC. An additional fee will be payable in respect of applications for fair rent, market rent, Rent Assessment Committees or any other court, arbitration or tribunal. Fees are subject to negotiation depending upon the complexity of the matter. The security deposit will only be discharged once any deductions (if applicable) have been agreed by both parties to the agreement. If any work is required to be carried out post-tenancy against the Tenant’s deposit, no monies will be refunded until such time AJ Home Solutions LTD are in receipt of all invoices relevant to the end of the tenancy, and subject to the tenant deposit scheme legislation.
     












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