At IMF Commercial, we offer a full range of property services providing a one stop solution. Our services are designed and priced to meet the needs of our client's in a constantly changing market. We are committed to integrity in our dealings with vendors and professional personnel who support our financial goals and consistently deliver quality products and services to our agents, enabling us to better serve our client's.
| RESIDENTIAL Our experience in managing residential properties has allowed us to develop a proven methodology for maximising both owner profit and residential satisfaction. |
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COMMERCIAL Due to acquired knowledge, management of commercial entities such as buildings and land is within our company itinerary. We will provide unparalleled advice and follow-up management of aforementioned assets to deliver maximum profit for our clients. |
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JOB DONE
IMF Commercial can actively market the property to its broad network of prospective purchasers. We can also assist in the sale negotiations to help maximize the total benefits for our clients. |
| EFFICIENCY Our property management software and accounting systems provide up-to-the-minute information on gross revenue potential, collections, vacancies, delinquencies and tenant balances. |
| CERTIFIED Our team consists of trained agents and a knowledgeable, capable support staff who work around the clock to satisfy both tenants and property owners. No shortcuts are taken! |
| HARD WORK We dedicate ourselves to consistently serving our clients with the highest levels of technology, experience, knowledge, and ethical practices. We will deliver this service with upmost efficiency and total commitment. |
More Information
If you decide to let us manage your property...
RENT
We will be pleased to advise you on the market rent for your property. Rents are payable by the tenant monthly to our client account. You will be paid direct from this account and we will prepare detailed statements at regular intervals, which you can send to the Inland Revenue.
DEPOSIT & TENANT
We collect a deposit from the tenant to safeguard against damage. At the end of the tenancy we will inspect the property and the costs of any work attributed to the tenant will be deducted from the deposit. We will find a suitable tenant for your property and take up references and credit checks.
RATES
The payment of water rates, council tax, gas, electricity and telephone bills are generally the responsibility of the tenants.
REPAIRS
You as the property owner are responsible for all repairs to the property with the exception of window glass or other breakages caused by the tenants. Our contractors can carry out all repairs if required, or we can use your nominated contractors. We will always ask for instructions before commencing any large-scale repairs.
We can undertake all negotiations with your Building Society in order to obtain their permission to let the property. Some lenders might charge higher interest rates for let properties and raise a service charge.
We provide information and help on rent and legal protection insurance, house building insurance and home contents insurance, all of which are important considerations when letting your home.
FEES & LETTINGS
Our fees for managing the property are some of the most competitive around.Management fees include the following:
1.Organising and undertaking all accompanied viewings with prospective tenants.
2.Drawing up and arranging a sign up of the tenancy agreement.
3.Detailed Referencing Checks.
4.Collection of monthly rent & any deposit bond.
5.Provide a detailed monthly statement of all rental income and any fees deducted
6.Check in and Check out of tenants.
7.Negotiating offers and formulating an agreement on your behalf with your approval.
8.Marketing-This will include full advertising and marketing of your property on our own website, social media and in branch
9.Installation of a ‘To Let’ or ‘Let By’ board-where applicable.
10.Carrying out a full property inventory and condition report including meter readings.
11.Conducting a check out report at the end of the tenancy, checked against the original inventory.
12.Access to our trusted reliable contractors.
13.Arrange and organise tradesmen as and when required or we can use yourown preferred contractors.
14.Carry out a renewal or to remarket the property in advance of the tenancy agreement ending to minimise void periods.
15.Conducting property visits at regular intervals, which can include photos to allow you to your property condition.
16.Our experienced team advice landlords on how to stay compliant with all required regulations.
| Not all fees apply to every let - Please ask | FEE Ex VAT | FEE Inc VAT | |
| LANDLORD FEES - MANAGED CLIENTS | |||
Managed Letting Fee (Setup Charge)
Renewal Fee
Annual Tenancy Deposit Scheme fee
Monthly Management Fee (Standard Commission)
| £225.00
£65.00
£25.00
10.0%
| £270.00
£78.00
£30.00
12.0% | |
| LANDLORD FEES – LET ONLY CLIENTS | |||
Let Only Marketing Fee
Let Only Letting Fee
Register Let Only Deposit Let only Inspection & report Inventories Report
|
6 Month Let: 50% of 1 month's rent 12 Month Let: 75% of 1 month's rent
| £50.00
Min £350.00 Min £500.00 £50.00 £30.00
£100.00 | £60.00
Min £420.00 Min £600.00 £56.00 £36.00
£120.00 |
| LANDLORD MISCELLANEOUS FEES | |||
Income & Expense reports Overseeing large works over £500 EPCs for Residential up to 4 bed EPCs for Residential up to 5 bed + Gas Safety Certificate (GSR)
Sales Commission if Tenant buys the property Copy Statements (price per property) Rent guarantee |
£20.00 10% £70.00 £110.00 £65.00
1.0% £5.00 3.0% |
£24.00 12% £84.00 £132.00 £78.00
1.2% £6.00 3.6% | |
- Find you a suitable tenant
- Take up references and credit check
- Draw up a tenancy agreement
- Take a Statement of Condition (or inventory)
- Collect the rent and account to you monthly
- Make regular inspections of the property and advise you all is in order
- Advise on any repairs that are necessary
- Provide information and help on insurance and tax matters
- We also provide a tenant finding only service where full management is not required. Full details of fees and services are provided in our Terms of Business.
