Once one of our experienced team has valued your property, we will offer you a set rent per calendar month for the duration of the contract, which is renewable. This will be paid to you monthly on the same day every month regardless of whether the property is vacant or if the tenant residing in the property stops paying the rent. There are no fees or commission payable with this scheme.
Contract start date
Once you have vacated the property, we guarantee to start the contract the day a tenant moves into the property. If we are unable to find a suitable tenant within twenty-five days of you vacating the property, we will start the contract on the twenty sixth day excluding 10th December to 1st January.
Who is the tenant?
Tooting Landlords become your tenant and we assume all of the contractual responsibilities not just the payment of rent. For example should the person residing in the property refuse to vacate the property at the end of their contract or break the terms of the contract requiring the need for legal action, all costs involved in pursuing them will be met by ourselves.
Is the contract renewable?
Approximately twelve weeks before the end of the contract we will write to you and offer you a new contract for a further year or give you the option of having the property returned to you. There are no fees payable at renewal
Once the property becomes vacant we will prepare a full inventory and take a comprehensive set of colour photographs to ensure a trouble free hand over when the property is returned to you.
Property Maintenance.
We make quaterly periodic inspections of the property and a copy of the report will be kept on file. Once you handed the property over, and any routine maintenance or damage will be taken care of by Tooting Landlords. However, the structure of the building remains your responsibility as well as all risks covered by your standard landlord insurance.
At the end of the contract
We carry out a final inspection and any repairs/redecoration and then we hand the property back to you, in the same condition you gave it to us, subject to fair wear and tear.
