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FareLets Options

The table below shows the differences between the FareLets plans:

WHAT DO WE OFFER?
TENANT FIND
MANAGED LEASE
FULL MANAGEMENT

Find tenant
Yes
Yes
Yes

Accompanied viewings
No
Yes
Yes

Tenant referencing
Yes
Yes
Yes

Tenancy agreement & inventory template provided
Yes
No - Carried out by FBC
No - Carried out by FBC

Sign agreement with tenant
No
Yes
No - Prepared by FBC

Complete inventory with photographs
No
Yes
Yes

Provide standard notice templates
Yes
No - Carried out by FBC
No - Prepared by FBC

Serve notices as required
No
Yes
Yes - LL to sign

Bond equivalent to 1 month rent
Yes
No - return at end of lease in same condition
Yes

Rent guaranteed
Yes - First 12 months of tenancy *
Yes - Full term of lease
Yes - First 12 months of tenancy *

Assist tenant with HB claim
No
Yes
Yes

Notify utilities and Council Tax
No
Yes
Yes

Tenant induction pack
Yes
Yes
Yes

Arrange for repairs
No
Yes - at LL cost
Yes - Free up to £150/year

Access to empty property loan *
No
Yes
Yes

Free gas safety certificate
No
Yes
Yes

Free electrical safety check
No
Yes
Yes

Free CO detector
No
Yes
Yes

Interest free loan up to £2,000 to improve property standards *
No
Yes
Yes

Cover up to £100 insurance excess for any claim resulting from tenant behaviour *
No
No
Yes

Monthly management statements and invoices
No
No
Yes

Cost to landlord
No - £0
Yes - £300 fixed fee for properties with gas. £200 if no gas. (£100/ £75 on renewal)
Yes - 8% + VAT per month

* Terms and conditions apply.

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