HMO Management

HMO Management

• Free personal and professional advice
• 24 hours emergency phone line
• MD Properties App available on App Store & Google Play from April 2023
• Arranging To Let board
• Advertising to Let on three websites plus social media channels
• Taking advertisement photographs
• Regular communication at the start and during the tenancy
• Accompanied viewings
• Full referencing & credit checks
• Preparing all documentation including tenancy agreements, along with a moving in pack for the tenant with all the information that they will need. An electronic copy of all documentation emailed to the landlord if required
• Creation of a detailed inventory with dated photographs for each tenancy as per below charge
• Rent Guarantee and Legal Cover can be offered at an additional charge.
• Arranging regular management visits, every 6 to 8 months each room and communal areas once per month. These initial reports are bespoke for your property with photos of the condition at the beginning of the tenancy for means of comparison, including any reinspection required
• Ensuring the correct notice has been given by the tenants and they understand their responsibilities as to the condition that they must leave the property and inform the utilities.
• Liaising with the landlord in regards to re-advertisement of the property.
• Completing a check-out of the rooms
• Liaising between the landlord/agent and tenant any issues found at the check-out and agreeing the price of the deposit return.
• Administration including registering of deposits and disputes
• Out of Hours appointments for landlords and tenants
• Prompt bacs payments, along with your monthly statement
• Annual Statements can be provided to enable easy accounting of Income and Expenditure
• Arranging Gas Safety Inspection, Energy Performance Certificate, Electric Inspection, including specific HMO regulation requirements such as Fire risk assessments, emergency lighting checks etc
• Monthly Fire Alarm check at below charge
• Advising of safety issues e.g., Smoke and Carbon Monoxide Detectors
• Arranging Legionnaire Risk Assessment if required
• Annual rent reviews
• Arranging landlord property insurance
• Maintenance package where we can notify the landlord of any maintenance issues that have been brought to our notice. Then discuss these issues with the landlord before organising any repairs and maintenance that the landlord deems necessary. This can be anything from fixing a leaky tap to full property upgrades
• Advising utility suppliers of new tenants and settling intermediate bills
• Debt Collection Recovery though MD Properties included for landlord with rental guarantee, external company if required will be at extra cost
• Arrangement of Section 21 & 8 Notice if required, solicitor costs for preparation, unless landlord is covered by rent guarantee
• An electronic copy of all documentation emailed to the landlord. We can post the paperwork for an additional cost of £25 + VAT (£30 Inc. Vat)
• We also offer a NO LET-NO FEE policy with NO fees payable up front