If you don’t live near your property, or don’t have the time to deal with issues such as finding suitable tenants, collecting rent and arranging contractors, this service is for you. Under this ‘full management’ letting service we will take care of everything – you can just sit back and enjoy the income your property generates.
During the tenancy we carry out periodic inspection visits. Should these bring to light any maintenance issues, we will (within the confines of our Management Agreement) and after consultation with you, arrange or recommend any necessary repairs.
Collecting and processing of rental payments is also an important part of our Full Management Service. Rental balances will be credited automatically to your nominated bank account. Towards the end of the tenancy, we will liaise with the Tenant, with a view to renewing the tenancy agreement, or re-advertising the property to let and arrange to check them out.
This service is only taken up by a small proportion of landlords, ideal if you’re a very experienced landlord but don’t want to go to the trouble of finding a tenant and setting up the tenancy. Our research has shown that tenants who pay rent direct to landlords are more likely to be late with their rent or not pay at all. This is because tenants recognise that as an organisation we have the man power, legal backing and knowledge to pursue rents through every means necessary. If you choose ‘let only’ we will get your property let and your tenancy up and running and then hand it over to you. You will then be responsible for rent collection.
For detailed information on GSC Grays Fees and Charges relating to residential lettings please click here.