Our Letting services & Fees
Trying to let your property ?. We provide landlords with 2 letting services,
Let Only, and Managed Lettings.
Let Only involves marketing the property, sourcing tenants, conducting viewings, vetting tenants, issuance of contracts & inventories, securing deposit, and arranging on-going rental payment directly from the tenant to the landlord.
The landlord will then take on full responsibility for the management of the property and the tenancy. The letting agent will transfer the deposit to the landlord, and (s)he will be responsible for its return to the tenants at the end of the contract.
Let Only services :
- Marketing & Advertising the property.
- Arranging BER certificate as required.
- Erection of distinctive ennisgough To Let Board
- Listing on the principal rental websites and Ennis Gough Facebook page.
- Accompanied viewing of the property with prospective tenants
- Robust vetting of potential tenants. (References, Photo ID, PPS Numbers etc)
- Issuance of legal contract and inventory* (*additional fee may apply for drawing up an inventory)
- Obtaining deposit and first month’s rent in advance
- Arranging transfer of utilities (Electricity, Gas)
- Registration of tenancy with RTB (as required by landlord)
- Arranging on-going payment of rent direct to landlord’s bank account.
- Transfer of deposit and signed contract to landlord.
- Issuance of a clear, itemised statement of account.
Our fee for the Let Only service will be one month’s rent plus VAT.
The VAT rate is currently 23%
Managed Lettings involves the letting agent placing tenants into the property as before and the on-going management of the tenancy, collection of rent, and transferring the rent to the landlord’s account. The services provided for full tenancy management are as follows;
- Marketing & Advertising the property
- Arranging BER certification as required.
- Erection of eye catching To Let Board
- Listing on the principal rental websites
- Viewing property with prospective tenants.
- Robust vetting of prospective tenants (References, Photo ID, PPS Numbers etc)
- Issuance of legal contract and inventory* (*additional fee may apply for drawing up an inventory)
- Obtaining the deposit and first month’s rent in advance.
- Arranging transfer of utilities (electricity, gas).
- Registration of tenancy with RTB (Residential Tenancies Board) as required by landlord.
- Collection of rent and electronic transfer to landlord’s account.
- Regular inspections of the rental property with written report.
- Dealing with late payment or non-payment of rent.
- Arranging repairs to property, fixtures or appliances with landlord’s approval.
- Marketing the property as term comes to an end.
- Inspection of property at end of contract and deducting sums from the deposit for cleaning or repairs if appropriate.
- Making the property presentable for next tenants.
- Transfer of utilities back into landlord’s or next tenant’s name.
Our initial letting fee for this service is 50% of the monthly rent (payable at the commencement of the tenancy), and 10% per month management fee thereafter.
(fees are subject to VAT @ 23%)
Please be aware that landlords are liable for any taxes/charges that apply to their property or the rental income derived from those properties. As an example; income tax on rental income, Local Property Tax (LPT), Domestic Wastewater Treatment Charge (Septic Tank tax), Residential Tenancy Board Registration (RTB).
Please be aware that penalties may apply for late or non payment of these taxes/charges.
Please familiarize yourself with these various taxes / charges through reference to these websites.
Also note that since January 1st 2009 a Building Energy Rating Certificate (BER) must be available for any property being rented or sold, further information can be found on www.sei.ie/ber
There is a €100 (plus VAT) fee for issuance of renewal contracts on extended tenancies.
PREPARING YOUR PROPERTY FOR RENTAL.
Properties can be let, furnished or unfurnished. You will earn higher rent for a furnished property. It is still normal for unfurnished properties to be equipped with the basic kitchen appliances. e.g. Cooker, Fridge/freezer and Washing Machine.
All homes being marketed for let should have a BER (Building Energy Rating) certificate.
Here are some basic hints to help you prepare your rental property for letting.
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All furniture, fixtures, floor coverings and appliances must be in good working order.
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The property must be properly cleaned before a tenancy can commence, with particular emphasis on the kitchen, bathroom and bedrooms.
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The property should be secure, with door and window locks in good reliable condition.
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The property must have some form of heating system, which must be in safe working order.
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Landlords are recommended to provide an inventory, noting the condition of the property contents. This allows for appropriate deductions to be taken from deposits to pay for any damage caused during the tenancy.
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Please note that minor damage caused by routine wear-and-tear is not normally deductible.
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Disputes rarely arise between landlords and tenants, once the letting is properly managed from the start. If a dispute cannot be resolved, either party can avail of mediation from the Residential Tenancies Board.
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Please note that periods of notice are clearly laid down by the Residential Tenancies Act 2004. Our staff will advise landlords of their notice obligations.
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If your rental property is in need of updating, we will be delighted to assist in its refurbishment. We can recommend a selection of appropriate trades people.
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Tenants will be responsible for all utility providers, e.g. electricity, gas, broadband, phone and Satellite TV etc.
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All properties must have a BER certificate.
Call us for further information.