Property Management

Cassidy and Tate have been managing properties in the Lettings sector for many years now and have a combined wealth of 50 years’ experience gained from working in some of the most prestigious areas. Our management team is based in the St Albans’ Head Office and cover a wide portfolio throughout St Albans, London and surrounding areas. The team are able to advise you in all aspects of property management.

 

Tenants Portal

We have an area dedicated to supporting our Tenants and providing useful information about the services available from Cassidy and Tate.  If you would like to find out more information about being a Tenant with Cassidy & Tate please access our Tenants Portal here.

 

 

Fee Schedule for Tenants

Cassidy and Tate endeavour to keep prospective tenants fully informed of any costs involved when renting a property. Please see a list of fees which are mandatory and some which may become applicable below. If you have any questions with regards to any of these, please do not hesitate to contact a member of staff at Cassidy and Tate on 01727 228428. Please note all prices listed below are inclusive of VAT.

 

EXISTING ASSURED SHORTHOLD TENANCIES (ASTs)

SIGNED ON OR AFTER 1st JUNE 2019

Holding Deposit (per tenancy) One week’s rent.

This is to reserve a property. Please Note: This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).

Security Deposit (per tenancy. Rent under £50,000 per year) Five weeks’ rent.

This covers damages or defaults on the part of the tenant during the tenancy.

Security Deposit (per tenancy. Rent of £50,000 or over per year) Six weeks’ rent.

This covers damages or defaults on the part of the tenant during the tenancy.

Unpaid Rent Unpaid Rent Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.
Lost Key(s) or other Security Device(s) Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant. If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s).
Variation of Contract (Tenant’s Request) £50 (inc. VAT) per agreed variation. To cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents.
Change of Sharer (Tenant’s Request) £50 (inc. VAT) per replacement tenant or any reasonable costs incurred if higher.

To cover the costs associated with taking landlord’s instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.

Early Termination (Tenant’s Request) Should the tenant wish to leave their contract early, they shall be liable to the landlord’s costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy.
Company Let £500 (inc. VAT)
EXISTING ASSURED SHORTHOLD TENANCIES (ASTs)

SIGNED ON OR BEFORE 31st MAY 2019

Renewal Fee £60 (inc. VAT)
Check Out Fee TBC (depends on size and furnished condition of the property)

 

Landlord Portal

We have information available to guide landlords through the process of successfully letting their property with Cassidy and Tate.  If you would like to find out more information about being a Landlord with Cassidy & Tate please access our Landlord Portal here.

 

Fee Schedule for Landlords

Cassidy and Tate endeavour to offer a flexible level of service. Therefore, should you require our professional team to perform a chargeable task from the list below, please contact Cassidy and Tate on 01727 228428. All prices listed below are inclusive of VAT.

 

Service Cost
Floorplan £72.00
Landlord gas safety check £90.00
Installation of Smoke/Carbon Monoxide alarms £18.00 plus cost of contractor invoice
Key cutting £6.00 per key
Property inspection report* £30.00
Providing contractor access at the clients request £30.00 per hour
Agreeing another fixed term agreement* £120.00
Issuing statutory notices* £30.00
Providing documentation to the DPS in the event of a dispute* £36.00
Deposit registration with the DPS is FREE OF CHARGE on all services. FREE

 

Please note points market with a * are included in our Full Management service.

The table below gives you a brief overview of the Letting services we can provide for our Landlords.

 

Landlord Services Fully Managed Rent Collection Let Only
Comprehensive marketing to find a suitable tenant
Accompained viewings
Obtaining tenant references & identity verification
Preparation of tenancy agreement
Pre-tenancy safety checks
Arranging Pre-tenancy clean & inventory*
FREE deposit registration with the DPS
Collection of rent
Proactive credit control
Managing the check-out process
Deposit claim negotiation, compilation & submission
Dedicated property manager
Transfer of utilities
Key holding service
Arranging payment of outgoings
Arranging quotes, repairs & maintenance
Access to panel of vetted contractors
24-hour emergency contractors
Property inspections

If you are interested in using Cassidy & Tate for managing your property, please contact us for a callback.

Cassidy & Tate are registered members of The Property Ombudsman (TPO) scheme:

The Property Ombudsman

Milford House,

43-55 Milford Street,

Salisbury,

Wiltshire  SP1 2BP

Telephone: 01722 333 306

Email: admin@tpos.co.uk

Website: www.tpos.co.uk