Property Managment

A key part of our management services involves securing the very best tenants for your property. We’ll take care of assessing and referencing tenants ahead of agreeing a tenancy. Many of our tenants are corporate in nature, and in many cases we will already have the ideal tenant ready to take occupancy.

We’ll draft the appropriate Tenancy Agreement ready for signing and serve all the necessary legal notices on your behalf, or check the paperwork prepared by a third party agent. The most common type of tenancy is an Assured Shorthold Tenancy and we will discuss the advantages of this and other types so that you are clear on everything.

You can leave it to us to issue the rent demand and deposit request. The keys will only be released to the tenants once the funds are cleared. All deposits are held in a client account for the duration of the tenancy as stakeholder in accordance with the Tenancy Deposit Protection Scheme Regulations under the Housing Act 2004.

We will make sure every utility account is transferred to the tenant’s name, as well as informing in writing all the relevant utility companies to ensure that you as the landlord will not be held responsible for any charges incurred during the tenancy. 

The local authority will be provided with the new tenant’s details so that they can pay the council tax directly.

A thorough, professional, independent inventory report is vital for peace of mind and to avoid any disputes over damage or negligence. We will arrange a check-in and inventory report together with a schedule of condition of the property at the commencement of the tenancy, the costs of which will be charged to the landlord. Once the inventory is complete we will check through it alongside the tenant to ensure there are no discrepancies before they sign and acknowledge acceptance.

For managed properties throughout the tenancy we will issue subsequent rent demands on predetermined dates and collect the rent due. We will also prepare the landlord statements and remit the rents due.

All regular outgoings will be taken care of for managed properties where required, including water rates, insurance premiums, service charges and ground rents. These will be taken from the rental fees received. We always advise landlords to notify the various authorities to address bills care/of Ariea Property Services.

Any required property repairs, maintenance works or purchases up to the value of £500 will be taken care of during the tenancy for managed properties. For anything over this amount we would seek authorisation, unless in the case of an absolute emergency where discretion would be applied.

For managed properties throughout the tenancy we will issue subsequent rent demands on predetermined dates and collect the rent due. We will also prepare the landlord statements and remit the rents due.

For managed properties, a set of keys will be retained in safekeeping so that access can be gained in case of emergency.

Each required landlord certificate will be arranged for managed properties to ensure legal compliance. We will arrange for gas appliances to be tested by a Gas Safe engineer and for an Energy Performance Certificate (EPC) to be compiled and lodged with the EPC register. It is important to ensure that all electrical appliances and fittings within the property are safe and in good working order. Although electrical certificate not required by law, at Ariea LTD we consider safety paramount, why this would be a requirement to protect both landlords and tenants.

At the conclusion of a managed tenancy we will arrange a check-out report, the cost of which is charged to the tenant. This is compared to the original inventory/check-in report and schedule of dilapidations is produced. We can advise on costings and which aspects of any damage are fair wear and tear, or tenant damage or negligence. Once this is all agreed with the tenant we will arrange for any necessary costs to be deducted from the deposit before returning it to them. Arrangements will then be made for any replacement items to be purchased and property repairs to be undertaken ahead of the next tenancy.

Terms and conditions apply for all services and may vary depending on the individual circumstances of a particular tenancy.

Our reputation as respected letting agents for many of London’s prime neighbourhoods reflects the superior level of service you will experience when you engage our property maintenance and management services.Relied upon for over two decades by a host of landlords and investors, Excel Property Services regularly undertake all types of high-end house modernisation and flat renovation work, from cosmetic redecoration to full-scale building conversions. 

An elegantly modern property finished to the most exacting standards attracts the highest calibre tenants. If you wish to enjoy rent increases, or want to increase home value and saleability, then this service will meet your objectives in every respect.

With our precision-coordinated team of master tradespeople working on your renovations project, you’ll experience the utmost efficiency and speed. Our service is cost-effective and great value for money, specifically designed to help you realise a much enhanced return on your investment.