Your property will be marketed by NWF Kavanagh using local press, detail particulars, internet website advertising and ‘To Let’ boards. Letting particulars are prepared and circulated as appropriate and negotiations will be undertaken with prospective tenants. Terms and conditions agreed, references taken and verified. A detailed photographic inventory is prepared of the contents together with a schedule of condition report.
Residential property management
All rents are collected on a monthly basis and accounted for to the Landlord via direct credit to the Landlord’s bank or building society. Computerised management service offers the Landlord a fast and efficient service.
Quarterly internal and external inspections of the property are undertaken by NWF Kavanagh as part of our standard service. All outgoings and disbursements are settled out of the rental income and are charged at cost.
Full contact where necessary is kept with insurance companies to monitor and assist in any claims. Repairs are organised and carried out where necessary and are charged at cost.
Procedures are implemented for the compliance with all current regulations concerning the quality of furnishings and also gas and electrical appliances with managed properties.
Assured Shorthold Tenancies
All new lettings comply with revised conditions set out in the 1988 Housing Act as amended by the 1996 Housing Act. Our staff will be available to advise on the most appropriate form of letting the individual property.
Rent and Fair Rents
The staff of NWF Kavanagh will when and where requested via the Rent Officer liaise over the registration of fair rents and submissions of appeals for existing tenancies. The negotiations will follow the guide lines and regulations in conjunction with the Assessment Committee wherever possible.
Detailed inventories and schedules of condition are prepared and checked at the commencement and termination of each tenancy and accompanied by photographic evidence. Any issues arising to dilapidations in respect of the inventory are dealt with in the management service as laid out in the residential letting terms and conditions.
Advise given over your tax liability should always be confirmed by your Accountant and / or tax specialist. Further guidance notes are available from our office. Are you resident, non-resident, what will be taxed and what can be offset against your income? Managing agents for liable for any tax liability relating to the property if you are living outside the UK and your earnings abroad are not subject top UK tax. Whilst the 1996 Regulations have made it possible for overseas Landlord’s to receive their rent without any retentions via their managing agents the tax laws on the Managing Agents and Tax Laws are frequently changing and along with Landlord’s and Agents liabilities. Any income retained for taxation purposes will be held in the interest earning accruing accounts and we would always recommend professional advice.
A full quotation without any obligation for any of the above services is available from NWF Kavanagh upon request.