Landlords

Lotus Homes strives to be a dynamic property management and lettings agency dedicated to delivering exceptional service to landlords in Peterborough and its surrounding areas. Our mission is to streamline property management processes, maximise rental income, and minimise landlord stress.

 

Some of our Products & Service’s;

  • Tenant Finding:
    • Marketing properties
    • Conducting viewings and virtual tours
    • Screening tenants (credit checks, references, employment verification, Landlord references)
    • Negotiating tenancy agreements
  • Rent Collection:
    • Collecting rent on time
    • Remitting rent to landlords promptly
    • Chasing up late rent payments
    • Negotiating rent increases
  • Property Maintenance:
    • Responding to tenant maintenance requests promptly
    • Arranging and overseeing repairs and property inspections
    • Managing contractors and tradespeople
  • Inventory Management:
    • Conducting thorough property inventories at the start and end of tenancies
    • Resolving inventory disputes
  • Legal Compliance:
    • Ensuring compliance with landlord and tenant legislation
    • Dealing with legal issues, such as eviction proceedings

 

Additional Services:

  • Rent Guarantee Insurance: Protecting landlords against rent loss due to tenant default
  • Financial Reporting: Providing annual statements to landlords for tax purposes
  • Property Inspections: Conducting regular property inspections to identify maintenance issues
  • Tenant Check-Ins and Check-Outs: Accompanying tenants during move-in and move-out processes 

By offering a comprehensive range of services, Lotus Homes can position itself as a one-stop solution for landlords, providing peace of mind and maximising rental income.

 

Landlords fees (not an exhaustive List):

 

Let Only (including first month's rent collection): £600.00

Full Management (first and subsequent years): % per month

 - New Tenancy Setup Fee: £450.00 (includes marketing, viewings, tenant referencing, tenancy agreement, written & photo inventory, annual tax statement (on request))

 - Property Inspections: Included in management fee

 - Issuing Notices (Section 21 & 8): £25.00 

 - Copy Statements: £2.00 per statement (original statement included in Management Fee).

 - Insurance Claim Handling: £75.00

 - Project Management for property renovations: Works exceeding £2,000 - Quotation on request

 - Fee Review: These charges may be reviewed by the Agent if the Property is unusually large or of an unusual nature. The Agent will inform the Owner in writing of any increased charges before a letting is completed.

 - Other: Further information on fees can be obtain by calling the office for more details.

 

To find out more please contact us today, or why not request a free, no obligation, valuation of your property.