Bacon & Co Professional Residential Lettings

The LOCAL name you can TRUST

Letting Agents

w

Professional Residential Lettings Proud members of

ESTATE AGENTS

LETTINGS

VALUERS

MORTGAGES

Welcome

A few words from Mr Bacon...

We are a well established and customer friendly company who have earned a reputation for high levels of client care and always aiming to give our very best.

Myself and fellow Letting Director, Hayley Scammell, have been involved in the property industry for over 60 years and this stability has encouraged many landlords to utilise the expertise available. In addition, there are several long standing members within the Letting Team which has nurtured the growth. I am often told by established clients that seeing a ‘familiar face’ has enhanced their customer experience when dealing with our company. We understand the importance of your investment and hope this brochure helps outline the key elements when letting your property. We look forward to being of service.

Glenton Bacon FNAEA MARLA.

A few words from our clients...

Your professionalism and client care reinforces my decision to select your firm to manage my property.

Thank you all for being an excellent Letting Agency, we will be sure to recommend you to friends as you are very professional at what you do.

We would like to take this opportunity to thank Hayley, Geoff, Vanessa and all of your team for your help and assistance over the last 10 years we have been tenants of Bacon and Co.

I would like to thank you for all your help and support over the last few years, your professionalism has made the whole process a pleasure.

2 | www.baconandco.co.uk

Bacon & Co

Letting Agents

What’s Inside Why Choose Us – The History ..................................4-5 The Lettings Team ......................................................6 Supporting The Local Community ..............................7 Promoting Your Property ............................................8 Trained Staff – MARLA ................................................9 How We Do It ........................................................10-13 The Legal Essentials..............................................14-15 Who Needs To Know ..................................................16 12 Steps To Letting ....................................................17 Which Option? – Managed or Introductory ..............18 Our Fees Made Simple ..............................................19 Contact Us ..................................................Back Cover

Photography taken by and in memory of David O’Flynn

The LOCAL name you can TRUST

www.baconandco.co.uk | 3

Why choose us?

Choosing a good agent is essential to a stress-free property rental. Our

assets. Our reputation depends entirely on the quality of service we provide,

experienced, professional and friendly staff are dedicated to providing you

and the success we achieve on your behalf.

with the best possible service. We pride ourselves on our client care and always go that extra mile to ensure your rental is as straightforward as

Bacon & Co has been established since 1990 and the Directors and loyal staff

possible. We believe that professionalism, trustworthy advice and great

have worked hard to build an excellent reputation over the years. The lettings

communication are the things people are most looking for in an agent, and

office is situated at 50 Crabtree Lane, Lancing where the company was initially

it is always our aim to achieve this for every client. We are extremely proud

created and all lettings matters are handled from this office, meaning that all

to be known as 'The LOCAL name you can TRUST' and constantly strive to

enquiries are dealt with under ‘one roof’ adding efficiency to the running of this

provide the best service locally. In an industry that is always changing, you

department.

can always be assured of a refreshing approach from our team who all live locally and understand the current marketplace. Most importantly, we

The offices at Crabtree Lane were initially opened as an Estate Agency and the

understand that we are likely to be dealing with one of your most valuable

constant enquiries from members of the public looking for rented accommodation

Local knowledge from professionally trained staff established for over 23 years.

4 | www.baconandco.co.uk

Bacon & Co

The History

Letting Agents

led to the fruition of the letting department. Hayley Scammell led this development from the outset and became a Director of the company in 2004.

Key Benefits to Landlords

Hayley still retains an active daily role in the office and is keen to visit all new clients personally when letting their homes. Geoff Simpson is also a key member of staff who started with the company in 1991 and became an Associate Director in 2011 now being responsible for the daily accounts within the office.

The Letting Department works hand in hand with our five sales offices based

• We are a local agent serving and supporting the local community.

• We have many satisfied clients who have continued to use Bacon & Co since 1990 and can provide testimony to our quality service.

in Lancing and Worthing, which enables us to offer continued service to our landlords in the future should they decide to sell their investment. Likewise, tenants can call at any one of our offices to collect details of properties

• We are supported by a network of five local offices throughout Worthing and Lancing, providing additional coverage for your property.

available to rent.

• Every property available to rent with Bacon & Co is prominently displayed with a colour photograph in our office window. The property will also be featured in our colour brochure which is updated on a daily basis and can be collected from any of our offices.

• Bacon & Co offer extensive advertising in the local media including free and ‘paid for’ newspapers and magazines. More importantly we offer comprehensive internet coverage including Rightmove, Zoopla and Prime Location.com.

• As we are an Independent Company we can offer more flexibility to our service. We feel that we ‘listen’ to your requirements and will aim to tailor our service to meet them. We charge no fees until your property is let. We are also able to offer Rent Guarantee and Legal Expenses Warranty to give that additional ‘peace of mind’.

The LOCAL name you can TRUST

www.baconandco.co.uk | 5

The Lettings Team

Our team – well trained We are ARLA licensed and also a Member

Firm

of

the

National

Federation of Property Professionals (NFOPP) holding professional indemnity insurance

and

are

participating

members of the Association’s Client Money Protection Scheme.

Our philosophy is to offer sound advice and quality service and we are confident you will not be disappointed.

Glenton Bacon FNAEA MARLA, Principal

Hayley Scammell MARLA, Director

Glen started his career in 1977 with a prominent Lancing

Hayley started her career in Estate Agency in 1985

based Estate Agent, spending the next 13 years with three

working for Hewitt’s in Warwick Street, Worthing where

Worthing based agencies, culminating with an Associate

she first worked with Glen Bacon. Hayley joined Glen

Partnership. He set up Bacon & Co in 1990 and is very

when he opened his own Estate Agency in 1990 and

proud to have overseen the expansion that has taken

developed the lettings business, progressing to Director

place in the intervening years. Glen now has over 30 years

in 2004. Hayley is a Member of the Association of

experience in the property industry and is a Fellow of the National Estate Agents

Residential Letting Agents and enjoys attending regular meetings to increase her

Association and a Member of the Association of Residential Lettings Agents.

awareness of changes in legislation in the Lettings Industry.

6 | www.baconandco.co.uk

Bacon & Co

Supporting our local community

Bacon and Co are proud to support the local community

past and present. We have been delighted to be the

Organisations, clubs and charities such as Worthing

competition at Pond Lane for numerous years. We are

main sponsor of the Lancing Rangers 6 a side

Letting Agents

We like to support

Cricket Club, Lancing Football Club, St Barnabas

also one of the main sponsors of the Broadwater

Bacon & Co is proud to support the local

Hospice and the NSPCC have all received sponsorship

Children’s Playday on Broadwater Green, a fantastic

community. Organisations, clubs and

from the company. Additionally, local schools,

annual event for families. We enjoy being part of the

charities including Worthing Cricket Club,

churches, and nurseries have also been assisted. We

local community and you will often see us taking part

Lancing Football Club, Lancing Rangers,

continue year on year to increase the amount we

in many of the local festivals throughout the year.

community.

St Barnabas Hospice, Chestnut Treehouse Children’s Hospice and the NSPCC have all

donate, helping to make a difference in the local Working together for a better future

received sponsorship from the company.

We help many local schools by sponsoring summer

Additionally local schools, churches and

fetes and prize evenings. We also regularly run our own

nurseries have also been assisted.

We are proud to be involved in the local community

competitions in conjunction with schools, offering

We are proud to be involved in many local events

prizes to the children and their schools alike. We

throughout the year, meeting with many customers

delight in giving something back to the community which is why you will find us inviting all children to come and visit Father Christmas in one of our offices over the festive period. All proceeds are in aid of Chestnut Tree House Children’s Hospice. Our dedicated staff are also often found to be taking part in sponsorship events in aid of local charities.

The LOCAL name you can TRUST

www.baconandco.co.uk | 7

Promoting your property

Available Lettings List

Facebook

We update our lettings list on a daily basis, enabling applicants to call into

Bacon & Co can be found on facebook where we regularly promote our

any of our 5 offices to collect an up-to-date list of properties currently

services and special offers. We also keep our ‘friends’ updated with the latest

available. Every property on offer is displayed on this list with a colour

news from Bacon & Co and any exciting challenges our staff may be

photograph and brief description. Likewise this list is available on our easy

encountering that month.

to navigate website www.baconandco.co.uk which offers a more detailed description with internal photographs.

Property Boards

Online and Newspaper Advertising

promoting your property. Even with modern technology, many customers still

Our advertising is extensive with your property being promoted on many

drive around looking for properties in their chosen location rather than relying

National Websites including Rightmove, Zoopla and many more. We also offer

on newspapers or the internet.

Now a familiar sight in the Worthing and Lancing areas and a proven aid for

full page advertising in the Worthing Herald (Property Today) where we feature three additional properties each week with individual editorial on each of these featured properties.

8 | www.baconandco.co.uk

We are committed to marketing your property to the maximum potential

Bacon & Co

Trained staff – MARLA

Letting Agents

As well as being ARLA licensed, we have an intense training programme

ARLA members are required to work within a robust Code of Practice, which

using the MARLA recognised qualification.

covers the key stages in letting and managing a property. There are comprehensive membership byelaws which include compliance with such

Many of our staff are trained with a MARLA qualification. This will give you

issues as handling and accounting for Clients' money; the mandatory ARLA

peace of mind knowing your property is in the hands of a qualified

Client Money Protection Bonding Scheme; Professional Indemnity Insurance;

professional who will look after your home.

Dealing with Complaints and Disciplinary Procedures.

Why Should A Landlord Or Tenant Seek Out An ARLA Member?

ARLA members are required to employ a minimum of at least one member of

ARLA leads the industry in setting and regulating the highest standards. The

staff, in any office, who holds a suitable industry qualification, recognised by

industry demands certain levels of professionalism and commitment to

the Association. ARLA keeps it's members up to date with changes in legislation

customer service from its membership.

and provides a wide range of training and guidance to help members understand and interpret all aspects of letting and managing a property.

Who are ARLA? ARLA

are

professional

the

only self-

regulating body to be solely concerned with lettings and letting agents.

The Association of Residential Lettings Agents

(ARLA)

is

a

professional

membership and regulatory body for letting agents and letting agencies in the UK. ARLA recognised the requirements of the residential lettings market were so

Bacon & Co are committed to training their staff to the ARLA standard to ensure professionalism

The LOCAL name you can TRUST

detailed and specific that a separate organisation was required to promote standards in this important sector of the property industry.

www.baconandco.co.uk | 9

How we do it

We cover everything you need to ensure the safety and security of your property

Finding the right tenant for your property is one of the most important

Property Assessment

parts of our job but it is also important to feel confident that your agent

To ascertain the rental value of your property a trained member of staff from

will be approachable and offer good sound advice and knowledge.

Bacon & Co will personally meet with you at your property. We will

Bacon & Co’s membership of the major property professional

offer sound advice on the rental potential and discuss the market trends

associations provides you with the peace of mind that our organisation

with you. We will also be able to advise on any improvements that may need

is well run and correctly administered.

to be made or any regulations which need to be met in order for the house to be let.

As Bacon & Co commenced trading in 1990 we are confident in our abilities and that our comprehensive marketing will lead to the occupation of the right

Prospective Tenants

tenant in a short period of time.

A member of staff will strictly accompany all prospective tenants wishing to view your property. At no time would the keys to your property leave our

Over the next few pages is a brief outline of our Managed Service

possession. If you are still in residence or if there is a current tenant in

(Introductory Service also available – see page 18).

occupation, we will arrange a mutually convenient time to visit. At this stage

10 | www.baconandco.co.uk

Bacon & Co

How we do it

Letting Agents

Schedule Of Condition We will visit your property prior to a tenant taking occupation and our qualified APIP (Association of Professional Inventory Providers) staff will produce a full colour schedule of condition.

This is a detailed report clearly identifying the condition of your property including walls, floor coverings, paintwork and decor.

The report depicts the level of cleanliness and also identifies any defects. We take an abundance of colour photographs to support the schedule which includes photos of the garden and the condition of the exterior of the building as well as the interior.

With the changes in law regarding the deposit monies it is now more important than ever to ensure that we have sufficient evidence to support our claim should a tenant dispute a deduction from their deposit. Our reports have been ‘tried and tested’ through the deposit scheme and have helped us resolve issues accurately.

we can meet the applicant and briefly assess their suitability. Choosing the

Rent Guarantee Warranty

right tenant is very important to us and it is quite commonplace to stress

Whilst every care is taken to find a suitable tenant, on rare occasions

certain restrictions regarding pets and smokers etc.

tenants can find themselves in a situation where the rent cannot be paid.

References

any legal expenses necessary in order to obtain possession. We strongly

Our referencing agency operates an extensive credit search facility to

recommend you take advantage of this warranty to offer that additional

determine any previous bad debts, adverse credit history or iva’s (individual

peace of mind.

Bacon & Co can offer warranties to protect your rental income and cover

voluntary arrangement). The agency will also need to satisfy themselves that the tenants are suitable by obtaining references from the current and

Tenancy Agreement

their

Bacon & Co have consciously worked to develop a good quality Assured

financial status. A credit search is usually returned within 24 hours and if

Shorthold Tenancy which has evolved over many years. Using the right

previous

employers,

landlord/letting

agents

and

checking

this is acceptable the rest of the search will continue and is usually back

tenancy agreement and ensuring the correct clauses are added is imperative

within 4/5 days.

to a smooth tenancy.

The LOCAL name you can TRUST

www.baconandco.co.uk | 11

How we do it

Deposit

Rent Collection

The Housing Act 2004 made provision for both the protection of tenancy

Tenants pay their rent one month in advance and you will receive a statement

deposits and the resolution of disputes over their return. Simply, this means

every month clearly identifying the rent collected. Our monthly commission will

that no landlord or agent is permitted to hold the deposit unless it is

also be deducted at this point along with payment to any contractors if there

registered in an approved tenancy deposit scheme.

have been repairs carried out. The statement is generally emailed to you and the monies leave our account on that day. Bacon & Co are not liable for the rent,

Bacon & Co are members of The Tenancy Deposit Scheme (TDS) and any

but as your agent we can, in most cases, draw attention to a potential problem.

deposit taken will now be retained by the agent and held within the deposit

We chase rent on a weekly basis and you would be notified should significant

scheme (landlords have the option of registering their own deposit if using the

problems arise.

Introductory Service only). Both the landlord and tenant will receive a certificate to show compliance with the regulation.You will also receive an explanatory leaflet which sets out in more detail the legislative requirements.

Property Inspections Your property will always be inspected twice yearly (first inspection by month 4 and then 6 monthly thereafter). You will receive a report from us identifying

Any landlord or agent failing to register a deposit could be fined heavily (three

any areas of concern and hi-lighting any maintenance work that may be

times the deposit value) and will be unable to enforce a Section 21 Notice

required. Any additional inspections required will be charged at ÂŁ50 plus vat.

requiring possession of the premises.

Repairs Inventory

We ask for permission to spend up to ÂŁ200 on urgent repairs, however, in all

Occasionally a property will be let furnished and in this instance an

instances we would endeavour to seek your permission before instructing

additional inventory will be required. Bacon & Co can organise this on your

contractors. Some landlords may prefer to carry out the work themselves or

behalf but there will be an additional charge depending on size of the

may have preferred contractors but we are always happy to make

property.

recommendations or arrange the works on your behalf.

We check every detail... no stone is left unturned 12 | www.baconandco.co.uk

Bacon & Co

How we do it

The LOCAL name you can TRUST

Letting Agents

www.baconandco.co.uk | 13

The legal essentials

Gas Safety Regulations

Electrical Equipment (Safety) Regulations 1994

These regulations came into force to ensure that gas

This legislation requires that the electrical supply

appliances are properly installed and maintained in a safe

and any electrical appliances supplied by a landlord

condition to avoid the risks of carbon monoxide poisoning.

for a residential tenanted property must be safe.

The Landlords statutory duty of care obligation requires that the electrical

This regulation stipulates that all gas appliances must be inspected annually

supply should be checked regularly and an electrical installation report

by a Gas Safe Registered Engineer. A valid gas certificate must be provided

prepared at regular intervals, generally every 5 years.

every 12 months. Non compliance is a criminal offence with serious penalties.

Plug and Sockets Safety Regulations Bacon & Co are pleased to organise this inspection for you and have

As part of the Consumer Protection Act, the plugs and sockets safety regulations

negotiated a favourable rate with our trusted contractor. Landlords are, of

defines the standard of plugs, sockets, adaptors and extensions to appliances

course, free to organise their own certificates but must ensure that a valid

in all rented properties. All appliances are required to have plugs that are

certificate is provided on an annual basis.

undamaged, with insulating sleeves, the correct fuses and a working cord grip.

Plugs and sockets must not be damaged ie show signs of burning or cracking.

Energy Performance Certificate (EPC) From 1st October 2008 Legislation came into effect stating that all landlords must

Furniture and Furnishings Regulations 1993 It is essential that landlords be aware of important statutory fire

provide an EPC to the prospective tenant.

regulations concerning the supply of furniture and furnishings

This report has to show on our marketing material and there is a fixed penalty

when renting out accommodation. As from 1st March 1993 it is

fine for failing to comply with this legislation. We are happy to arrange this on

an offence to supply furniture in the course of business, which includes the

your behalf at a cost of ÂŁ85 plus vat.

letting of property, which does not comply with the regulations concerning fire resistance. Essentially it covers all upholstery and upholstered furnishings.

14 | www.baconandco.co.uk

Bacon & Co

The legal essentials

Letting Agents

Houses of Multiple Occupation (HMO’s) – Standard and Licensed HMO’s

mains powered alarms in new residential buildings with the minimum

Under the Housing Act 2004 there is a mandatory requirement for landlords

requirement being one smoke alarm on each level of the building. Although

of properties made up of three or more storeys AND occupied by five or more

the Smoke Detectors Act only applies to new buildings the absence of smoke

people to have a license issued by the local authority as these are viewed as

alarms in existing tenanted property would in all probabilitiy not meet the

Houses of Multiple Occupancy (HMO). Certain local authorities also class

‘duty of care’ that might be reasonably expected of the landlord. We would,

smaller low occupancy properties as HMO’s and you should familiarise

therefore, strongly recommend mains fitted smoke alarms are fitted in all our

yourself with your local authorities policy. If your property is occupied by

residential properties.

three sharers it is still classed as a Standard HMO and although licensing may not be necessary, you will need to ensure that an electrical test is carried

Tax

out every five years and that a fire blanket is provided in the kitchen.

Tax is payable on any profit made from the income earned and you must

Housing Health and Safety Rating System (HHSRS)

be offset against the profit including the interest charges on your mortgages,

declare this income to the Inland Revenue. There are many items which can

The HHSRS is part of the 2004 Housing Act and is a system for assessing the

repairs to the property and agents fees etc. We recommend you take advice

health and safety risks within a dwelling. Residential premises should provide

from a Tax Consultant on this issue.

a safe and healthy environment for potential occupiers and their visitors. The HHSRS is a risk assessment process covering key health and safety risks of

Overseas Landlords – Tax implications

residential dwellings. Further information on landlords responsibilities under

If you are living abroad we have a responsibility under the 1995 Finance Act

the HHSRS is available from the Communities Local Government website

and Taxes Management Act 1970 to retain tax on your behalf. However, in

www.communities.gov.uk

many cases this retention can be avoided by completing form NRL1 (available from ourselves or the HMRC website) Receiving this exemption would allow us

Smoke Alarms

to pay your rental income in full. Of course, there may still be tax due but this

The 1991 Smoke Detectors Act made provision for the mandatory fitting of

will by payable at the end of your tax year rather than being paid in advance.

The LOCAL name you can TRUST

www.baconandco.co.uk | 15

Who needs to know

When letting a property, it is important that you inform any third parties

provider it is essential that you maintain full buildings insurance cover during,

who may have an interest in you doing so. These will usually include

and between tenancies. It is also important to ensure that you have sufficient

the following.

‘third party liability cover’ so that you are fully covered should a tenant or a visitor to your property be injured or damaged due to any defect within the

Your property finance provider

property.

You must advise your property finance provider if you have a loan on the property to be let and consent should be given in writing before the start of the tenancy.

Your superior Landlord If the property is owned on a leasehold or share of freehold basis, you must check the head lease and/or management company permit lettings and

Your insurance provider

ensure that the terms of any superior lease are adhered to. It is useful to

Your current insurance provider may choose not to continue to insure a

provide Bacon & Co with a copy of the head lease so that any relevant clauses

tenanted property or they may change the terms of cover. Even if you change

can be included within the tenancy agreement.

Accountant It is advisable to check the tax implications with your accountants or financial advisor

Post Office It is useful to have your mail redirected for the first few months to ensure that no correspondence goes astray, alternatively some landlords leave the tenant with a few large stamped envelopes to forward on.

Council Tax, Water Rates, Gas and Electricity Unless otherwise stated in the tenancy agreement, the tenants are liable for the utilities at your property and for the charges incurred throughout their tenancy.

We will endeavour to notify the utility companies of the change in occupancy but as landlord you need to cancel any direct debit or standing order arrangement that you may have in place.

Please note that the tenants have the right to change their electricity/gas supplier at any time.

Telephone/Television and Internet It is the landlords responsibility to close their accounts with any providers for the above services.

16 | www.baconandco.co.uk

Bacon & Co

12 steps to letting

Letting Agents

To simplify our service we have outlined the twelve basic steps to

ourselves and a suitable moving in date will be agreed (usually no more than

letting, so that you can comfortably understand what is required from

4 weeks after the tenant viewed the property) You will also receive details of

you as a landlord and the legal obligations you have.

Rent Guarantee Warranties available.

Step 1: Valuation

Step 8: Arrange Gas Certificate

Your first step is for Bacon & Co to call at your property to provide a free

Before a tenant can move into your property we must be in receipt of a valid

rental valuation and discuss any improvements you may need to carry out

Gas Safe Certificate (assuming there is gas at your property). Bacon & Co can

before letting can commence.

arrange this for you, otherwise please provide the certificate to ourselves at your earliest opportunity.

Step 2: Permission From Lender If there is a mortgage on the property you will need to get permission from

Step 9: Schedule Of Condition

your lender before any rental can proceed. You will also need permission

Prior to a tenant taking occupation we will visit to carry out our Schedule of

from the Superior Landlord/Freeholder if the property is Leasehold.

Condition. At this stage the property must be clean and any repairs should

Step 3: Energy Performance Certificate

will be noted – this is a lengthy report which is likely to take between one and

Obtain Energy Performance Certificate (this is a legal requirement and must

two hours and is usually carried out several days before the tenancy

be produced before we are able to market your property in the media) We

commences. If there is likely to be any delay please let us know in advance.

have been completed. Numerous photographs will be taken and our findings

can obtain this for you if required.

If your property is being let Furnished you will need a separate inventory which we are happy to arrange on your behalf.

Step 4: Instruct Bacon And Co Instruct Bacon & Co to market the property. We will take internal and external

Step 10: Sign Tenancy Agreement

photographs so the property will need to be presented in its best condition.

The tenancy agreement is generally prepared in advance of the tenant taking

You will need to complete our Agency Agreement which was provided with

occupation. For first time Landlords we would strongly recommend that you

this brochure. Please indicate if you wish to proceed with the Managed

take time to read a draft of the agreement (which we can email to you). You

Service or Introductory Service and remember to provide details of any

might like to call at our offices to discuss the contents before signing or else

restrictions you wish to make and your current providers for Gas and

we are able to sign the agreement as your agent if you prefer.

Electricity. We endeavour to notify utility companies of the change in occupancy but we strongly encourage you to advise the utility companies when you vacate and cancel any existing payment arrangements you have.

Step 11: Advise HMRC Advise the tax office that you are receiving income from a property you let and arrange to complete your self

At this stage we would also recommend an electrical inspection to give

assessment on an annual basis/instruct a tax advisor

peace of mind that you are letting without any risk to the tenant.

to do this on your behalf. We can provide an annual statement of income and expenditure upon request.

Step 5: Arrange Insurance Speak to your insurance company. It is important that your insurers

Step 12: Relax

are aware that the property is to be let and they will be able to

Sit back and wait for us to send

recommend a policy which will be suitable for your purpose

you a copy of your tenancy

with Third Party Liability Insurance cover.

agreement, schedule of condition and confirmation of your income!

Step 6: Get Keys Cut We will eventually need 3 sets of keys (2 for the tenants and 1 for ourselves). Please arrange to have sufficient keys cut to avoid any future delays.

Step 7: Agree Moving In Date Once a tenant has been found and credit checks and references have been approved you will be advised by

The LOCAL name you can TRUST

www.baconandco.co.uk | 17

Which option? – Fully managed or introductory service

Managed

Introductory Service

This brochure is designed to give guidance to any prospective landlord and

Some more experienced Landlords decide to manage their properties

focuses on our managed service. We recommend this service as Bacon & Co

themselves but ask us to find a tenant for them.

keep control of the tenancy, the tenants contact US if there is a problem and we will keep you fully notified of any new legislations and ensure that you are always fully compliant.

This can save money, particularly if the tenant stays long term. We would still set up and reference any prospective tenants in the same way as a managed service but once the tenant has taken occupation the Landlord takes over

We inspect the premises twice yearly and we collect the rent on your behalf.

full responsibility for the tenancy.

Our fees are collected from the rent we receive on a commission basis. There are no charges incurred to find a new tenant should your existing tenants decide to vacate.

Letting Service

Full Management

Introduction Only

Free rental appraisal and in-depth consultation ..............................................● ........................................● Digital photographs and full colour advertising ..............................................● ........................................● Property profile and in-depth marketing ..........................................................● ........................................● Comprehensive vetting of applicants ..............................................................● ........................................● Accompanied viewings ....................................................................................● ........................................● Preparation of appropriate Tenancy Agreements ............................................● ........................................● Advertising on our extensive website and via property search engines including Rightmove and Zoopla ..............................● ........................................● Erection of free To Let board (if required) to maximise marketing coverage ..........................................................................................● ........................................● Schedule of condition with full colour photographs ........................................● ........................................● Receiving rents ................................................................................................● BACS payment of rents ....................................................................................● Organise the extension or termination of a tenancy........................................● Preparation of renewal document for tenancy extension ................................● Serve all legal notices ......................................................................................● Monthly landlord statements ..........................................................................● Conduct a check out of the property and contents and collect keys................................................................................................● Deduct any costs of repairs and cleaning from tenants deposit ....................● Twice yearly property visits and written reports ............................................● Dealing with day to day tenant enquiries ........................................................● Obtaining quotes and organising maintenance work ......................................●

18 | www.baconandco.co.uk

Bacon & Co

Fees made simple – Two options

Letting Agents

Option 1

Fully Managed Service includes full colour schedule of condition report

10% plus vat

*

Option 2

Introductory Service includes full colour schedule of condition report

*

£400 plus vat

*£25 plus vat charged for registering deposit monies.

The LOCAL name you can TRUST

www.baconandco.co.uk | 19

Letting Agents

www.baconandco.co.uk

LETTING OFFICE Tel: 01903 756688 50 Crabtree Lane, Lancing, BN15 9PJ info@bacon-letting.co.uk

BROADWATER Tel: 01903 524000

Proud members of

LANCING & SOMPTING Tel: 01903 767601

14-16 Broadwater Street West, Worthing, BN14 9DA

5 Station Parade, Lancing, BN15 8AA

CENTRAL WORTHING Tel: 01903 521000

GORING & WEST WORTHING Tel: 01903 520002

19 Chatsworth Road, Worthing, BN11 1LY

72 Goring Road, Goring-by-Sea, BN12 4AB

The LOCAL name you can TRUST

Bacon & Co