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I don’t have time to manage my property, how can My Property Box help?

We offer a range of options for our landlords, so depending upon how involved you would like to be, we can accommodate. From Advertising only, or simply finding you the right tenant, we let you stay in control. However, we also offer fully managed packages, and even a platinum package which covers a rent guarantee.

 

How much will it cost me to let my property?

The typical costs involved with letting a property consist of an Energy Performance Certificate, an Inventory and Check-in report and Letting Agent commission fee.

An EPC, or Energy Performance Certificate needs to be presented to prospective tenants no later than 28 days from the when a property is initially marketed.

Inventory and Check-in report will need to be organised before a new tenant moves into your property. The cost of performing an inventory and check in report vary, depending on the size of the property.

A letting Agent commission fee is payable when a tenant is introduced to a property and enters into a lease agreement to rent the property. This is charge at a percentage of the agreed rental price + VAT.

 

Are there any additional marketing costs for my property?

My Property Box includes all advertising costs to market your property within our fees. We also offer a property listing only service for clients, which gives you complete flexibility over your costs. Different agencies can charge a range of prices for marketing a property in addition to other fees, so it’s always best to check first.

 

Who will conduct viewings on my property and when will they occur?

My Property Box will conduct all viewings of your property on your behalf, during our normal working hours.

 

How much rent should I charge?

My Property Box will assess the current market rental value of your property and will recommend a suitable rental price. We will then suggest the type of tenant you should seek, and will work to match the perfect tenant with your property.

 

Do I need to be present for viewings of my property?

My Property Box take all the stress and hassle away from property viewings, we take care of it all on your behalf, meaning your presence isn’t required. It’s also important to consider that quite often tenants can feel more comfortable or relaxed viewing a property when the owner is not present.

 

How can I be sure I have a good tenant?

My Property Box perform residency and identity checks on all applicants.

 

What is an EPC, do I need one, and how long will is it valid?

An Energy Performance Certificate (EPC) measures the energy efficiency of your property and is a legal requirement for all rental properties in England and Wales. An EPC is measured with a scale of A-G, A being the most energy efficient, and G being the least, and is valid for 10 years.

 

How much will it cost to have my property managed my My Property Box?

The fee charged by My Property Box will be a percentage of the rental price + VAT. Refer to our Terms and Conditions for more information on the services we provide.

 

How much is the tenant’s deposit and what happens to it?

The tenants deposit is usually one month’s rent and is payable upon signing the tenancy agreement. This then goes into the tenancy Deposit Protection scheme and you are required to protect this deposit within 30 days of receiving it.

 

What does the new deposit scheme involve and how does it protect me?

All deposits which are being paid by a tenant are registered with a recognised deposit protection scheme within 14 days. This guarantees that any deposit dispute is dealt with efficiently.

 

What is a property inventory?

An inventory is a list of every item contained within a rental property, and the also the condition that each item is in. This is agreed and signed by both parties before the tenant moves into your property.

 

How much does an inventory cost and who is responsible for organising this?

The price for an inventory of your property will vary and is dependent upon the price of your property.  However My Property Box will be able to organise an inventory on your behalf.

 

How long does it take to receive my rent once paid by the tenant?

Rent will typically be received by standing order on the rental due date each month.

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