Exceptional property management and
letting services throughout Coventry

As part of the full management service we can offer you:

  • Visiting you at your property, and providing a rental valuation and any other advice which you may require about letting your property.
  •  Advising you on compliance with the various safety regulations.
  •  Locating suitable tenants. Your property will be advertised if necessary, however we have excellent contacts with various company and other establishment personnel departments, and furthermore usually have tenants waiting.
  •  Accompanying tenant applicants to view the property.
  •  Obtaining and evaluating references and credit checks. 
  • Preparing a suitable tenancy agreement and arranging signature by the tenant.
  • Collecting and holding as stakeholders a deposit (bond) from the tenant. 
  • Preparing an inventory and schedule of condition. 
  • Checking the tenant into the property and agreeing the inventory. 
  • Supervising the transfer of gas, electricity and council tax accounts into the tenant's name. 
  • Receiving rental payments monthly in advance, and paying you promptly, together with a detailed statement from our computerised management systems. 
  • If required paying regular outgoings for you from rental payments. 
  • Inspecting the property periodically, and reporting any problems to you. 
  • Arranging any necessary repairs or maintenance, first liaising with you in the case of larger works. 
  • Keeping in touch with the tenant on a routine basis, and arranging renewals of the agreement as necessary. 
  • Checking tenants out as required, reletting and continuing the process with the minimum of vacant periods to ensure that you receive the best return from your property.
  • In addition to our full management service, Eskay can support landlords who do not desire or require full management with our lettings-only service. 
  • We will use our extensive list of enquiries, tenant leads and loyal customers to find the right tenant for you. We can perform the vetting of that tenant and we typically complete the legal documentation as standard.

Our Fees

Our initial letting and advertising charge is just half of the first RENT, and our ongoing management commission is only 10% of monthly rental payments. We make an admin charge of £60 for each renewal of an existing agreement. There is also NO VAT to pay giving you even greater RETURN ON YOUR INVESTMENT.
There are no other standard fees or charges. No up front charges - nothing to pay until a tenant moves in and starts paying rent.

Our 12 Point Guide for New Landlords

1. Find a property 
If you don’t already own a property to rent, then it’s time to start looking. The key question is what is the best investment? With Eskay's expertise in sales as well as lettings we’re in a great position to advise you.

 2. What help do I need? 
The lettings market moves quickly. An agent probably has more time and expertise than you to handle the let. You will need to decide what level of service you require. Eskay offers two levels of service, click for more details of our landlord services. 

3. What rent should I charge?
Lettings agents can advise the rent you should charge and the potential yield you could earn from your let. There may be a number of fees to consider too, and all agents will charge differently. The most important question to ask yourself is this: which agent will be the most helpful to me as a landlord? Click to book a valuation of your rental property. 

4. Make your property safe 
There are lots of property regulations to keep your tenant safe. We know it’s important to you to be a responsible landlord, so make sure you are fully compliant at this early stage. Click here for our guide of all the legislation that applies to your let.

 5. Find a tenant
It’s time to get your property seen by potential tenants. The internet is the single most important place to advertise your let, so be sure your agent has good online coverage and that they list properties on Gumtree and Zoopla. Prepare your property to look its best for viewings. Once you’ve found a tenant, you’ll want some reassurance that your property and rental income are safe. Knowing that your tenant has been fully referenced and credit checked gives you huge peace of mind. Eskay can help with this. 

6.  Get insured 
For additional security, make sure you are fully covered. Regular domestic policies often do not cover rental properties. It is also possible to insure against non-payment of rent. Ask Eskay about our rental property insurance and rent protection insurance. 

7. Make an inventory 
Shortly before the tenant moves in, make sure you or your agent has made an inventory of the contents of the property and its condition. We can introduce you to specialist companies who can do this for you.

8. Collect the deposit and start receiving rent 
You are legally required to put your tenant’s deposit in a government protected scheme. We register deposits with a scheme such as My Deposits to the benefit of both tenants and landlords. It will soon be time to collect the rent. You’ll need to decide whether you want to do this yourself, or let your agent take care of it. 

9. Renew the contract
You’ll be surprised how quickly the initial contract passes by. As it comes to a close, it’s time to decide whether you wish to renew or terminate your contract. If you choose to terminate you must give your tenant the appropriate notice. If you (and the tenant) choose to renew, a new contract begins.

10. Property inspections 
You want to know your property is being looked after. Visiting the tenants every six months to check all is ok is recommended. Depending on the level of service you have chosen, your agent can take care of this for you. 

11. Maintaining the property 
As time goes on, it’s inevitable that your property will receive some wear and tear. It’s your responsibility to maintain the property at the standard it was first let. Remember, keeping on top of small problems now could help you save large sums of money later.

12. Extending the tenancy 
The tenancy comes to an end and it’s time for your tenant to move out. You’ll need to revisit the inventory, settle any disputes and return the deposit. Consider what to do next with your property. Is it time to sell or will you let again? If it’s the latter go back to stage 2! But don’t forget to consider any work you need to do to the property before it returns to the market. 
For more information on rental properties call   02476 362 525.
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