Rent Collection Service
We can register the deposits in the government backed DPS scheme (Deposit Protection Service) or TDS (Tenant Deposit Scheme). We typically require one month’s rent plus £100 for the deposit, but we can alter this at the landlord’s request. At the end of the tenancy we will arrange for any deductions from the deposit to be made. The balance will then be forwarded to you.
We will set up a standing order when we arrange the first month rent with the tenants. The landlord will be paid by bank transfer directly into their account and we will provide monthly statements each time the rent is processed. The statement will show a breakdown of all income and expenditure for that period. We would review the rents annually with the landlords and tenants.