At Davies & Way we pride ourselves in offering our clients a stress free alternative to the potential minefield that is the property rental market. We can provide either a part or full management package to suit your particular needs, both offering the security you would expect for your investment.
Davies & Way are licensed members of ARLA Propertymark - The Association of Residential Letting Agents. ARLA are the only professional body that is solely concerned with the regulation of Letting Agents. ARLA members are governed by a strict Code of Practice which means that we offer:
We are members of the Royal Institution of Chartered Surveyors (RICS). We are regulated by the RICS and have a formal complaints handling procedure.
We are also members of The Property Ombudsman which means that Landlords and Tenants have a route to redress should something go wrong.
60% of the first month’s rent including Vat for a 6 month let.
(Example: a property let at £700.00 per calendar month will cost £420.00 including VAT)
80% of the first month's rent including Vat for a 12 month let.
(Example: a property let at £700.00 per calendar month will cost £560.00 including VAT)
Includes:
Our fully managed service offers a comprehensive package with an extensive range of inclusive benefits at no additional cost. We want our management fees to be competitive, clear and fair which is why unlike many of our competitors we do not charge for additional add-ons.
14% including vat, with an initial set up and reletting charge of £300 including VAT.
Includes:
Additional fees:
New tenancy agreement, with referencing and Right To Rent Check £300 including vat.
New tenancy agreement only £60 including Vat.
Issuing legal documentation for unmanaged properties £90 including Vat.
Check out service for unmanaged properties £45 including Vat.
Inventories, EPC, electrical and gas safety tests : Costs depending upon Contractor.
Following the viewing of a property with a member of Davies & Way, the applicant is required to pay a non-refundable holding fee (equivalent to one weeks rent) which will act as the holding payment to secure the property. This non-refundable payment is subject to the applicant proving they have a Right to Rent in the UK, the landlord agreeing to the let and all the applicants references being satisfactory. Davies & Way will continue to conduct viewings and accept offers on a property until the holding fee is paid. When cleared funds are received, we will mark the property as ‘let agreed’ and remove it from the market. The holding fee will then be deducted from the total due before moving into the property.
Holding fee: equivalent to 1 weeks’ rent
Tenancy deposit: equivalent to 4 weeks’ rent
First months’ rent: Payable on date of key collection
Fees to change the tenancy – where requested £50.