CHOOSE A PACKAGE
Our Landlord Packages
Switch to Bates & Co
Ready to make the move to us?
Tenant Find
Fully photographed & professional write up
Advertising on social media, office window & online portals
Accompanied viewing with feedback within 24hrs
Extensive referencing of Tenants to include – employment reference, income reference, credit check, previous landlord reference, ID verification and Right to Rent check
Preparation & signing of Tenancy Agreement
Collection & protection/registering of the 5 Week security deposit
First month’s rent collected & paid directly to landlord
Pre-tenancy safety checks arranged – Gas Safety Certificate, EICR & EPC
Inventory & check-in arranged (Cost of carrying out inventory charged as extra)
Minimum £650 Setup Fee
2.5 Weeks Rent
Fully Managed
Everything in Tenant Find
All property maintenance handled by us with access to our preferred contractors who guarantee us a preferential rate & the saving is passed on to you
6 monthly property inspections with a fully photographed and written report
Annual rent review & increase notices issued to tenants
Tenancy renewals & re-protection of deposit arranged on your behalf – Charged at £75.00
Access to our Management App for your tenants to report maintenance issues, request to extend tenancy, keep track of their rental payments and more
Collection of monthly rent
Dedicated Property Manager
24hr Emergency phone line for you & your tenants
£350 Setup Fee
10% of Monthly Rental Amount
Guaranteed Rent Scheme
Guaranteed full rental payment every month for the duration of the agreed contract
Payment even if your property is vacant or the tenant does not pay
No set up fees
No renewal fees
6 monthly property inspections with a fully photographed & written report
All maintenance issues handled on your behalf
Legal fees covered by us & court attendance if necessary
6 monthly property inspections with a fully photographed & written report
Property condition guaranteed – subject to general wear and tear
P.O.A.
(Dependent on length of contract and rental market value)
Rent Guarantee Scheme
- Eliminate the financial risk of renting! You still receive your rental income in full and on time even if the tenant pays late, defaults or your property is empty.
- We absorb the cost of the set-up fees, referencing and protecting the deposit.
- Never any hidden or surprise charges/fees or commission.
- Start getting paid from the contract start date and reduce the loss of rental income whilst your property sits empty, waiting for a tenant.
- In the rare event that court attendance is necessary, we absorb the full costs, handle the eviction process and you still receive your monthly rent.
- We handle all maintenance issues and assign our trusted contractors to complete the work.
- We guarantee to return the property to you at the end of the agreement in the same condition as you originally let it in – subject to reasonable wear and tear.
How does it work?
In short, we become your tenant, guaranteeing you a fixed monthly rental income over the length of the contract agreed (either 1, 2 or 3 years, which is renewable at the end).
We then rent the property to our own carefully selected & thoroughly referenced tenants, absorbing all the set-up costs ourselves and manage the property throughout the full duration of the tenancy – enabling you to take a back seat and enjoy a stress free approach to renting, whilst having the comfort of knowing that you will never miss a rental payment and have no surprise agent fees.
What’s the difference between Guaranteed Rent Insurance and the Bates & Co Guaranteed Rent Scheme?
Guaranteed Rent Insurance
Bates & Co Guaranteed Rent Scheme
Does not cover void periods e.g. between tenants when the property is empty
We still pay you, even when the property is empty
Court fees and legals costs may or may not be covered and the Landlord will need to attend court
In the rare event that court action is needed, we cover the costs including legal fees and attend on your behalf.
Rent must be 30 days in arrears before the landlord can submit a claim.
Even if the tenant pays late or doesn’t pay at all, you still receive your monthly rental payment on the same day every month.
Landlord pays for the set-up fees, cost of advertising, referencing, protecting the deposit and creation of the tenancy agreement.
We cover all costs associated with finding a new tenant and you receive the agreed monthly rental amount from the start date of the agreement, NOT when the tenant moves in.
A new policy needs to be taken out each time a new tenant moves into your property.
Our agreement covers a period of 1, 2, or 3 years, regardless of how many times a new tenant is placed.
Who is best suited to our Guaranteed Rent Scheme?
Anyone can benefit from our Rent Guarantee Scheme, but if you’re a busy landlord who wants a completely hands off approach or ensuring you receive your monthly rental payment on time, every month with no hassle is of the upmost importance, then this is the best option for you!
Whether you need to guarantee you can cover your mortgage payments on the property or just to have that financial stability with a steady stream of income, we’ve got you covered!
How do I proceed?
Fill in your contact details below or use the WhatsApp button to send us a direct message and one of our experienced team will be in touch to guide you through the process, answer any questions you may have and book a free market appraisal.
LANDLORD CALLBACK
Request a Callback
What we expect from our Landlords
Not everyone qualifies to be a Bates & Co Landlord, do you?
Clear and Fair Communication
Responsiveness - Quickly addressing tenant concerns, maintenance requests, and inquiries
Transparency - Clearly explaining terms, conditions, and changes in rent or policies
Respect - Maintaining a professional and respectful tone in all communications.
Transparency - Clearly explaining terms, conditions, and changes in rent or policies
Respect - Maintaining a professional and respectful tone in all communications.
Property Maintenance and Safety
Regular Maintenance - Ensuring the property is well-maintained, clean, and in good repair, including plumbing, heating, and electrical systems
Safety Compliance - Meeting legal safety requirements, such as fire and carbon monoxide alarms, gas and electrical safety certificates, and secure locks.
Timely Repairs - Addressing repairs promptly to avoid tenant inconvenience and potential property damage.
Safety Compliance - Meeting legal safety requirements, such as fire and carbon monoxide alarms, gas and electrical safety certificates, and secure locks.
Timely Repairs - Addressing repairs promptly to avoid tenant inconvenience and potential property damage.
Fair and Legal Renting Practices
Compliance with the Law - Following relevant housing laws, including health and safety regulations and anti-discrimination laws.
Clear Lease Agreements - Providing detailed and legally sound tenancy agreements that protect both the landlord’s and tenant’s rights.
Fair Rent Increases - Any changes to rent should be reasonable and in line with the market, with proper notice given to tenants.
Clear Lease Agreements - Providing detailed and legally sound tenancy agreements that protect both the landlord’s and tenant’s rights.
Fair Rent Increases - Any changes to rent should be reasonable and in line with the market, with proper notice given to tenants.
Respecting Tenants' Privacy
Proper Notice for Entry - Providing appropriate notice (usually 24 hours) before entering the property for inspections, repairs, or other reasons.
Respecting Quiet Enjoyment - Allowing tenants to live in the property without unnecessary disturbances.
Respecting Quiet Enjoyment - Allowing tenants to live in the property without unnecessary disturbances.
Professionalism and Problem Resolution
Addressing Issues Fairly - Dealing with tenant disputes, noise complaints, or other issues fairly and promptly.
Evictions as a Last Resort - Pursuing evictions only when absolutely necessary and following all legal procedures.
Evictions as a Last Resort - Pursuing evictions only when absolutely necessary and following all legal procedures.
Financial Responsibility
Fair Deposits - Charging reasonable security deposits and returning them promptly at the end of the tenancy, with a clear explanation of any deductions.
Accurate Record Keeping - Keeping organised records of rent payments, maintenance expenses, and legal documents related to the property.
Accurate Record Keeping - Keeping organised records of rent payments, maintenance expenses, and legal documents related to the property.
Tenant Screening and Fair Selection
Objective Screening Process - Conducting thorough tenant screening (credit checks, references) without discriminating against applicants based on race, gender, religion, etc.
Respecting Tenant Stability - Offering tenancy renewals to good tenants and communicating clearly if changes are needed.
Respecting Tenant Stability - Offering tenancy renewals to good tenants and communicating clearly if changes are needed.
By fulfilling these responsibilities, a good landlord not only protects their investment but also fosters a positive and cooperative relationship with tenants, ensuring both parties have a satisfactory rental experience.
© Bates & Co Lettings 2024. All Rights Reserved.
Website By
