Property Already Tenanted?
Switching Management of your property to PL Properties might save you money, but how much effort and aggravation will it be for you if Tenants are already in situ?
Little to none. We take care of everything, and will even bridge the last two months of the gap while your notice period expires with your current Agent free of charge.
All you have to do is instruct us, and then give your current Agent notice, informing them that we will be taking over. We will then do the following:
Touch base with your current Agent to discuss the handover. Obviously we’ll need to obtain copies of everything they have on file, including Tenancy Agreements, Referencing, and information on the deposit.
Touch base with your Tenants to arrange to meet them. Generally tenants aren’t affected much by an Agent switchover, however we find things run smoother when they know who they are dealing with from the start. We will arrange to visit the property so that we can get acquainted with it and them, and we can also take this opportunity to furnish them with our bank details for payment, and our emergency contact details for out of hours issues.
Where applicable, we will obtain the deposit and register it within our own custodial DPS account. This makes everyone’s life a little easier at the end.
Management then ends with your current Agent at a date agreed with them, and we will already be in place to take over. Your tenants will be comfortable and know who we are, and their standing orders should already be changed to ensure their rent comes to us and does not go to your previous agent.
All of this happens free of charge, you won’t incur any cost from us until the tenants begin paying us the rent and we begin formal management. You will then pay the monthly management fee. There are no setup fees or upfront charges, as we only charge these when we are putting a new tenant in.
We’re happy to market alongside your current Agent. We operate on a no-let-no-fee basis, so if we advertise it but fail to find you a tenant, we part ways with no charge from us to you. If we do find you a Tenant, you will need to stop marketing with all agents. This isn’t a term or condition of ours, but it is against consumer law to market a property which may not actually be available.