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WHY USE CITY CENTRAL?
City Central has a very professional reputation and we are committed to offering you an efficient and highly professional service that exceeds your expectations.
We are experts in the rental market. We have knowledge of the property market in Bath and the surrounding areas that is hard to beat. We value properties accurately and therefore you an be assured that your property is placed fairly and will find a tenant in as short a time as possible.
A lot of business now is performed through the internet. Our website has been built specifically for ease of use and to show off all properties to their best advantage. To this end all properties have digital photos along with accurate and detailed information. We also have a service that allows prospective tenants to register on-line. This means that when any new property is placed with us there is already a database of people who may have registered interest in just your type of property.
If you opt for our Full Management Service we not only find you a tenant but we administer the let for you, which means that, amongst other things, we collect the rent and manage any administration and repairs that may be necessary. This should mean that you enjoy a hassle free let. We also offer a Letting Service and a Tenant Introduction Service.
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SERVICES THAT WE OFFER
We provide a full management service, a letting only service and a tenant introduction service:
Full Management Service
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Advising you on the likely rental income of the property |
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Matching the property with our tenant enquiry database |
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Showing the property to prospective tenants |
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Widespread advertising and marketing of the property |
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Tenant vetting and references |
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Preparation of the Tenancy Agreement and legal documentation (charge of 60 +VAT) |
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Liaison with mortgage companies/lenders/superior landlords |
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Reading meters, arranging for final accounts to be settled and transferring names on all utilities |
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Monthly rental collection |
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Providing landlords with monthly itemised statements |
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Arranging for a written or photo inventory (optional). (Additional charge applicable). |
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Carrying out regular inspection visits |
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Arranging for necessary repairs and maintenance to appliances and property |
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MONTHLY CHARGES:
UK resident landlords: 11% + VAT
Overseas resident landlords: 12% + VAT
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Letting Service
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Advising you on the likely rental income of the property |
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Matching the property with our tenant enquiry database |
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Showing the property to prospective tenants |
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Widespread advertising and marketing of the property |
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Tenant vetting and references |
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Preparation of the Tenancy Agreement and legal documentation (charge of £60 +VAT) |
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Liaison with mortgage companies/lenders/superior landlords |
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Reading meters, arranging for final accounts to be settled and transferring names on all utilities |
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Monthly rental collection |
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Providing landlords with monthly itemised statements |
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Arranging for a written or photo inventory (optional). (Additional charge applicable). |
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Carrying out regular inspection visits |
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MONTHLY CHARGES:
10% + VAT
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Tenant Introduction Service
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THE LETTING PROCESS
We are committed to finding you good tenants in as short a time as possible and at the right price.
If you haven’t let your property before we set out, below, a brief description of the steps in the letting process:
Property valuation
Invite us to see your property and we will provide you with a market valuation that we feel is realistic and achievable. We can also give you advice about how to make your property attractive to prospective tenants. Choose the service that would like us to perform (see “Services that we Offer” page)
Advertising
We advertise the property in our offices, in the Bath Chronicle/Property Weekly, other local press and most importantly on our website.
Getting a tenant
When a tenant wishes to take on a let, we obtain references and credit history from them and consult you on their occupation of your property.
Requirements for occupancy
A tenancy agreement is signed by all occupiers of the property that are 18 years or over and the landlord/agent. If required then an inventory is also prepared detailing the condition and contents of the property.
Rent and Deposit
Normally the tenant provides a rental payment of one month’s rent in advance. A deposit of one month’s rent is also payable in advance. This deposit is to be repaid at the end of the letting period less any deductions for breakages or damage that are found during the check-out.
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FAQs
How are tenant references provided?
We use an external referencing agency that carry out credit searches. If the tenants are international we obtain guarantees from parents, companies or educational establishments.
Shall I leave my home furnished or unfurnished?
There is a market for both. We can advise you on the best course of action to suit your individual needs
What insurance should I obtain?
You should ensure that you have contents and buildings insurances. Even if your property is unfurnished it will be necessary to cover items like carpets.
How will I get paid?
If the property is managed by us we will transfer the rent via our on-line banking facility normally the transfer is made on the day that the rental is due.
For introduction only properties, we provide tenants with the landlord's bank account details before they move in so they can set up a standing order.
Deposit?
For managed properties, the deposit protection service will hold the deposit and will only release it with both landlord and tenant agreement.
What length of tenancy should I have?
The majority of tenancies are on an assured shorthold for a period of six months. Shorter tenancies can be created if required. After the initial six months has expired, the tenants often stay on by way of a periodic contract on a month-by-month basis, under the same conditions as the original agreement. Should they wish to vacate, they would need to provide at least one month's prior notice in writing.
What happens at the end of a tenancy?
If the tenants have served notice and the landlord wishes to re-let the property we will market it immediately. Under a full management service we check the state of the property against any stated inventory and ensure that the deposit is used to make any necessary repairs or cleaning.
What are any applicable legal requirements?
As a landlord, you must provide a Gas Safety Certificate for any property which has gas connected and an Electrical Safety Certificate. These must be carried out by CORGI and NICEIC registered engineers respectively. The gas certificate is valid for twelve months. Any soft foam furnishings - sofas, mattresses, cushions, etc. must have been purchased post 1988, the majority of items will have a sticker on them stating fire compliant. Without the sticker we will need either proof of purchase or a signed letter from the owner guaranteeing that the relevant item was purchased after 1988.
Do I need an ENERGY PERFORMANCE CERTIFICATE (EPC)?
Law requires landlords to have an EPC. This shows the official energy efficiency rating of a property. It also provides a rating for the building, showing its energy efficiency and its environmental impact on a scale from A-G (where A is the most efficient and G the least efficient), in graphical format. It also contains recommended ways to improve the building's energy performance. All properties in the UK that are rented will have to have an Energy Performance Certificate, in accordance with the European Energy Performance of Buildings Directive. City Central can supply a detailed guide to the current safety regulations on request and can arrange for required certificate to be carried out.
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