Property Management Service for Owners

There are many reasons why owners prefer to have their property managed.

With years of experience, our dedicated team offer a fully comprehensive service in Leeds and Nottingham that will ensure your property lets quickly and is well managed to minimise hassle and stress.

What the Service provides 

Owner's properties are managed by a dedicated member of the Unipol Housing team. Full support and assistance is provided with additional 24 hour Emergency Assistance. 

Here are some imporant features included in the management package:

  • Securing lettings for your property through extensive marketing
  • Investment and Market advice
  • Ensuring rent is collected and deposits are protected
  • Accompanied viewings and lettings
  • Regular and end of tenancy inspections
  • Access to approved contractors
  • Tenant lock out cover
  • HMO licencing assistance
  • H&S Certification, servicing and testing 
  • Assured Shorthold Tenancy administration

How the Property Management service works

Step 1. A free initial appraisal of your property will be carried out. Visits are usually in early autumn to allow a 'lead in' time prior to the new student letting cycle. 

Step 2. If we think your property is a positive inclusion to our portfolio, we will pay a second visit to carry out a full report. 

The report will offer specific guidance and advice on;

  • The condition of the property and any work needed 
  • Health and safety matters
  • Suggested rent and number of occupants the house is suitable for
  • Recommendations to maximise letting
  • Advice on how to comply with the Unipol Code
  • Answers to any queries raised by the owner

The cost of the report is £160 plus VAT* and is payable before the second visit. If you continue to full management, the cost of this report will be credited against the set up fees as detailed below. 

Step 3. Once all the appropriate paperwork is signed and submitted, we will prepare the marketing material for your property in time for House Hunting. 

The Cost

Service Service Description Cost
Management Full management service provided  10% of renal income plus VAT*
Set up costs Unipol charges an initial administrative fee for bringing the property on to management £320 plus VAT for the first year, then £190 plus VAT for renewal each year*
Repairs There is an additional commission for Unipol undertaking repairs. This includes specifying and ordering work, paying contractors’ invoices and checking repairs have been undertaken correctly. All out of hours repairs will be dealt with by the Unipol 24 hour contractors, though preference can be given during office hours 5% of the cost of repair plus VAT with an £11 minimum. *
Deposit Protection Unipol will administer the tenant’s deposit under the terms of the deposit protection legislation £8 plus VAT per tenant*
End of tenacy annual
clean
A professional clean is required to get the property to an acceptable standard for the next occupants Dependant on cleaning required

Student Personal Possessions
Insurance with Endsleigh

This is seen as a positive inclusion in rental agreements by students.

Payment for this policy is deducted from owners’ rental income as an annual fee
£16 plus VAT per bed space*

 

*Prices may change for 2019-2020

If you are interested in our management service for owners, please get in touch by filling out the form below. Alternatively, if you have any questions please contact Veronika Ortegel at V.Ortegel@unipol.org.uk