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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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