Rent Paid...Guaranteed

We are the only company in Plymouth that guarantees the rent during the term of the tenancy. This means if we get it wrong it's our money we lose not yours!

Let Your Property
'Rent Paid...Guaranteed' is our most popular service, because it ensures that your rent is guaranteed to be paid during the term of the tenancy. 

We personally underwrite the tenancy agreement. We are not selling you an Insurance Policy. When we find suitable applicants for your property and they move into your home, and for whatever reason stop paying the rent. We guarantee to pay the rent the day it is due ( unless it falls on a Bank Holiday or weekend, it is then paid the next working day) until such time as we have the legal right to possess the property. Legal Fees are included, where eviction is required for non payment of rent. or any other mandatory breach of tenancy.

We are the only agent in Plymouth who can boast, if we get it wrong, it’s our money we lose not yours! This provides confidence to our landlords, knowing that we are very careful about the type of tenant we find for you. 

We carry out all the correct checks, to include right to rent, referencing and credit checks. We do not work on a first come first served basis. It’s all about choosing the right type of applicant for your valued investment property. In addition, sometimes tenants have challenging times and for whatever reason cannot make the rent payment when its due. Here at Plymouth Homes, we understand this, so by providing this service to you the landlord, it also gives the customer tenant, time to get their finances in order. Another reason why we are a multi award winning company for tenants. Property management is all about relationships and being realistic. Why not give us a call and find out why we are a multi award winning company, with a reputation for doing the right thing. You will not be disappointed.


Rent Paid Guaranteed Fully Managed Fees

Set Up fee: £450.00 or 60% of the first month rent, whichever is greater
(Ex Vat: £375.00 or 50% of the first month rent, whichever is greater)

Monthly fee: 15% - Minimum fee of £78.00
(12.5% plus VAT Minimum Fee £65.00 plus VAT)

Property Maintenance Visits: £54.00
(Ex Vat: £45.00)

Legionella Report: £72.00
(Ex Vat: £60.00)

Landlord Withdrawal Fee before the tenancy has started: Actual cost incurred plus £100.00 
(Ex Vat: £83.33) 

Property Maintenance visits have replaced the old-fashioned term of Property Inspections. These visits are highly valued for our clients and our customers. They are also used at the end of the tenancy to help with the administration of the deposit return. In addition, these visits provide evidence to support and ensure that as landlord you are conforming to the De-Regulation Act and Fitness for Habitation Act.

We do not charge for resigning a tenancy agreement to an existing tenant, rent re-views or for protecting a deposit. Also included is the preparation of all documents that are required to make the tenancy legally binding and to ensure that the landlord is legally compliant.

ADDITIONAL NON-OPTIONAL FEES AND CHARGES 
Inventory and Check-in Fee: 
Property Furnished Fee Ex Vat Fee Inc Vat
1 Bedroom Un Furnished £130.00 £156.00
Furnished £138.33 £166.00
2 Bedrooms Un Furnished £138.33 £166.00
Furnished £146.66 £176.00
3 Bedrooms Un Furnished £139.16 £167.00
Furnished £147.49 £176.00
4 Bedrooms Un Furnished £172.50 £207.00
Furnished £185.00 £222.00
5 Bedrooms Un Furnished £182.50 £218.40
Furnished £195.00 £234.00
6 Beds and over subject to assessment and prior written agreement

Check-out Report and Administration of the Deposit Return
Property Fee Ex Vat Fee Inc Vat
1 Bedroom £115.00 £138.00
2 Bedrooms £123.33 £148.00
3 Bedrooms £131.66 £158.00
4 Bedrooms £140.00 £168.00
5 Bedrooms £148.33 £178.00
6 Beds and over subject to assessment and prior written agreement

EPC Report: £60.00 - if required 
(Ex Vat: £50.00)

Gas Safety Check 
At Cost price invoiced direct from contractor (as long as our preferred contractor is used, British Gas Home Care or any other contractor there is a £20.00 admin fee - Ex Vat: £16.66)

Obtaining quotes from our preferred contractors are free of charge. Please be aware that we do not receive commission payments for using our contractors. We recommend them because they are efficient and reliable. (For any other contractor quotes there is an admin fee £20.00) Ex Vat: £16.66

Arrangement fee for refurbishment work in excess of £500.00: 8%
(Ex Vat: 6.66%)

Quarterly Submission of Non-Resident Landlords to HMRC: £20.00 per quarter
(Ex Vat: £16.66)

Annual Submission of Non-Resident Landlords to HMRC: Nil

Annual Self Assessment Tax Report £20.00 
(Ex Vat: £16.66)

Court Attendance:
We can only attend court in the presence of the landlord or a qualified solicitor, where such presence is required there is an hourly fee of £60.00
(Ex Vat: £50.00)

Take Over Management Fee: £300.00
(Ex Vat: £250.00)

Serving a Section 21: where there is no breach of tenancy there is a £300.00 fee. 
(Ex Vat: £250.00)
Where a Section 21 is served due to a breach of tenancy and or where a section 8, 10 and 11 is required this is all included within the Management of Rent Paid Guaranteed.

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Book a let valuation of your property and get a quote for our let management service.

01752 772846 option 2

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