Landlords

Benchmark Property Store is committed to provide the best service possible and this is why many of our properties are let within days of our receiving instructions from you, The Landlord!

Our objective is to maximise your income, our fees are very competitive and this combined with our no rental no fee policy ensures your satisfaction.

Word of mouth referrals have enabled Benchmark Property Store to grow from strength to strength, maintaining the same high standards and personal touch throughout.

Our Comprehensive Management Service

With nothing left to do, you may sit back and relax relying on Benchmark to ensure to the best of its ability a trouble free rental experience for you. Rent received will be paid directly to the landlord's chosen bank account within 2 business days of receipt.

Please see our Home page to ensure your property is registered with Rent Smart Wales as per current regulation.

This criterion applies to both Fully Managed and Let Only Properties.

  • A Free property consultation to include presentation, market conditions, landlord responsibilities and current legislation.
  • Take digital photographs of the said property and upload to marketing portals.
  • Online advertising with Zoopla, Prime Location, Email marketing and the Company Website.
  • Networks within the local community, with some of the major employers in the area and also advertises in the local press, universities and hospitals to promote your property.
  • Qualify enquiries as per landlord requirements prior to viewing.
  • Arrange and accompany viewings - provide landlord feedback.
  • Negotiation of the terms of the tenancy.
  • Detailed referencing of the applicants & guarantors, to include third party referencing checks.
  • Care is taken to ensure the property is legally compliant for let with the relevant certificates.
  • Preparation and execution of an Assured Shorthold Tenancy agreement.
  • Preparation of the Deposit Prescribed information to supply to the tenant.
  • Notification of tenancy start to the utility companies & council tax.

Fully Management includes these additional Services.

  • Monthly rent collection & statement of account.
  • End of year statement of account (on request).
  • Primary contact for tenants to report maintenance issues.
  • Report maintenance issues directly and promptly to landlord.
  • Obtain quotes for maintenance issues from fully insured and qualified tradespersons when requested.
  • Deposit submission into the Deposit Protection Scheme (DPS).
  • Coordinate property access between tenants and tradespersons.
  • Administration of invoices relating to the property from rent received*
  • Conduct three monthly property inspections & report to landlord
  • Preparation & execution of renewal of tenancy
  • Notification of tenancy end to utilities & council tax
  • End of tenancy management, negotiating deductions from the deposit if required
  • Where required preparation of Section 21 Notice
  • Re-advertisement property

We charge a setup fee per new tenancy of £100.00. Renewable tenancies with existing tenants will be charged an administration cost of £50.00. The majority of contracts become periodic tenancies, thus this cost is avoidable in these circumstances. Commission is charged at 12% on rent due and is charged monthly and deducted from the rent due.

We are not VAT registered.

Our Let Only Service

Are you already a seasoned Landlord, up to date with current regulations, yet you do not have the time to advertise and qualify your perfect tenant. Benchmark will listen to your requirements and will endeavour to find you a suitable tenant.

Let Only Service. The deposit is either given directly to landlord or transferred into landlords DPS account. We will hold the deposit in our DPS account on request for an administration fee of £25.00. Let Only charges are £225.00 per instruction. Administrating tenancy renewal for existing tenants £100.00.

*Maintenance - a maximum 20% charge will be levied in some circumstances.

Standard Contractor Costs:

  • Annual gas safety certificates £50.00
  • Gas Certificate and Service £75.00
  • Electrical Installation Condition Report £95.00
The National Approved Letting Scheme The Property Ombudsman National Landlords Association Zoopla Deposit Protection Service Client Money Protection