Amazing Autumn Offers – Terms and Conditions

The property must be instructed for sale or let between 1^st November 2016 – 30th November 2016.

Lettings:

Introduction Service £99+ VAT

1. Providing a rental valuation of the property and offering advice as required.
2. Advertising as necessary, in local press and selected web based internet sites. Unless specifically instructed otherwise, we will be erecting a To Let sign at the property within 48 hours of the commencement of marketing where appropriate. Please let us know if there is anything we should know in relation to the siting of the board, such as unstable wall, fence ownership dispute, etc.
3. Arranging and conducting viewings with prospective tenants for the property.
4. Dealing with negotiations between all parties including third parties where necessary.
5. Obtaining relevant tenant references and those of guarantors where applicable.
6. Advising on and ensuring the property has a valid Energy Performance certificate in compliance with Article 7 of The European Directive on the Energy Performance of Building. The Landlord being responsible for all costs involved.
7. Advising on and ensuring compliance with the Gas Safety (Installation and Use) Regulations 1998 with regard to the inspection, maintenance, and keeping of records in respect of gas appliances in tenanted premises. The Landlord being responsible for all costs involved.
8. Advising on and ensuring compliance with the Furniture and Furnishings (Fire) (Safety) Regulations 1988 (amended 1989, 1993 & 1996) with regard to minimum fire resistant standards of specified items supplied in the course of letting a property. The Landlord being responsible for all costs involved.
9. Advising on and ensuring compliance with the Electrical Equipment (Safety) Regulations 1994 and other relevant legislation with regard to the condition and safety of electrical equipment and appliances in tenanted premises. The Landlord being responsible for all costs involved.

Introduction Plus Service £149 + VAT includes all of the above and in addition:

1. Preparation of an Assured Shorthold Tenancy Agreement
2. Preparation of standing order forms and contact detail forms.
3. Co-ordination of moving in dates between landlord and tenant.
4. First month’s rent and deposit collection.
5. Key handling.

Inventory & Deposit Service from £120 + VAT

1. Preparation and compilation of a detailed inventory of all items contained within the property and deemed to be included in the rental of the property. The inventory will also include a complete schedule of condition on the items listed within the inventory. Each item will be listed separately. Items in attics and/or loft storage areas are not itemised or included within the inventory. The inventory will be completed by a trained inventory clerk. This will be a comprehensive document grading the condition of fixtures and fittings and, where relevant, furniture. Any damage to the property or fixtures will be described in detail. Externally, the gardens are described, and sheds and garages inventoried, if included in the tenancy. Photographic material will be to support the inventory.
2. Meter readings will be noted at the time of the inventory. This will not apply where pre-payment meters and key cards are utilised.
3. Collecting and holding as stakeholder a security deposit usually equivalent to one and a half calendar month’s rental. (In certain instances a larger deposit may be held).
4. Registration of the deposit with Tenancy Deposit Scheme.
5. A full master copy will be forwarded to the tenant and checked by the Tenant in conjunction with The Agent. We will obtain a copy signed by the Tenant. The Tenant will also be provided with an Amendment Form and an End of Tenancy Check List for their use. Any amendments submitted by the tenant will be incorporated into the inventory and an amended copy will be issued to The Landlord for their approval. Any further amendments made to the inventory at the start of the tenancy will be agreed between all parties i.e. The Landlord, The Agent and the Tenant and each party will sign a declaration confirming that the inventory is true and correct. The Final Master Copy will be held by The Agent for future use. (A 14 day ‘grace’ period will be allowed for any amendment made.)
6. At the end of the tenancy the inventory will be checked by a trained inventory clerk to a steadfast routine, following the same system for every room in the property. This will take place within five days of the tenant relinquishing the property and all keys having been surrendered to The Agent.
7. Administrating the return of the deposit in accordance with the regulations set by the Tenancy Deposit Scheme set out below.

Free Full Management Service

Fees and charges are available on request and subject to a meeting in person.

We may offer a reduced management fee to landlords with more than one property.

1. Providing a rental valuation of the property, and offering advice as required.
2. Advertising as necessary, in local press and selected web based internet sites. Unless specifically instructed otherwise, we will be erecting a To Let sign at the property within 48 hours of the commencement of marketing where appropriate. Please let us know if there is anything we should know in relation to the siting of the board, such as unstable wall, fence ownership dispute, etc.
3. Arrange and conduct viewings with prospective tenants for the property.
4. Dealing with negotiations between all parties including third parties where necessary.
5. Obtaining relevant tenant references and those of guarantors where applicable.
6. Advising on and ensuring the property has a valid Energy Performance certificate in compliance with Article 7 of The European Directive on the Energy Performance of Building. The Landlord being responsible for all costs involved.
7. Advising on and ensuring compliance with the Gas Safety (Installation and Use) Regulations 1998 with regard to the inspection, maintenance, and keeping of records in respect of gas appliances in tenanted premises. The Landlord being responsible for all costs involved.
8. Advising on and ensuring compliance with the Furniture and Furnishings (Fire) (Safety) Regulations 1988 (amended 1989, 1993 & 1996) with regard to minimum fire resistant standards of specified items supplied in the course of letting a property. The Landlord being responsible for all costs involved.
9. Advising on and ensuring compliance with the Electrical Equipment (Safety) Regulations 1994 and other relevant legislation with regard to the condition and safety of electrical equipment and appliances in tenanted premises. The Landlord being responsible for all costs involved.
10. Preparing an Assured Shorthold Tenancy Agreement in accordance with current housing law for signature by The Landlord and the Tenant.
11. Preparation and compilation of a detailed inventory of all items contained within the property and deemed to be included in the rental of the property. The inventory will also include a complete schedule of condition on the items listed within the inventory. Each item will be listed separately. Items in attics and/or loft storage areas are not itemised or included within the inventory. The inventory will be completed by an inventory clerk to an appropriate standard (following the same system for every room in the property). This will be comprehensive document grading the condition of fixtures and fittings and, where relevant, furniture. Any damage to the property or fixtures will be described in detail. Externally, the gardens are described, and sheds and garages inventoried, if included in the tenancy. Photographic material will be used in most instances to form the inventory.
12. Meter readings will be noted at the time of the inventory. This will not apply where pre-payment meters and key cards are utilised.
13. Advising on and assisting in the transfer of utility service accounts where necessary.
14. Collecting and holding as stakeholder a security deposit usually equivalent to one and a half calendar month’s rental.
15. Registration of the deposit with Tenancy Deposit Scheme as set out below.
16. A full master copy of the inventory will be forwarded to the tenant and checked by the Tenant in conjunction with The Agent. We will obtain a copy signed by the Tenant. The Tenant will also be provided with an Amendment Form and an End of Tenancy Check List for their use. Any amendments submitted by the tenant will be incorporated into the inventory and an amended copy will be issued to The Landlord for their approval. Any further amendments made to the inventory at the start of the tenancy will be agreed between all parties i.e. The Landlord, The Agent and the Tenant and each party will sign a declaration confirming that the inventory is true and correct. The Final Master Copy will be held by The Agent for future use. (A 14 day ‘grace’ period will be allowed for any amendment made.)
17. Receiving and recording ongoing rental payments from tenants.
18. Preparing and forwarding to The Landlord or their stated representative financial statements on a monthly basis, and remitting the balance of rental payments within one month, provided the same shall have actually been received.
19. Inspection of the property periodically to ensure compliance with the terms of the tenancy agreement.
20. Arranging any repairs, maintenance or replacements to the property or contents which come to or are brought to The Agent’s notice and which The Agent considers necessary, up to an estimated cost of £150 for any one item or job, The Landlord being responsible for the cost involved. Where the estimated cost exceeds £150, notifying The Landlord or their nominated representative who will be responsible for arranging and paying for such work or replacement. This limit is subject to change and written confirmation will be provided as and when changes are implemented.
21. Taking appropriate initial action in the event of rent arrears or any other breach of condition of the agreement in an effort to remedy the situation. Where such arrears or breach persists, informing The Landlord or The Landlord’s nominated representative who will be responsible for taking any further action and meeting any costs involved.
22. Serving the required legal Notices and arranging Assured Shorthold Tenancy renewal terms where applicable or finalising the end of the tenancy.
23. At the end of the tenancy the inventory will be checked by a trained inventory clerk to a steadfast routine, following the same system for every room in the property. This will take place within five days of the tenant relinquishing the property and all keys having been surrendered to The Agent.
24. Administrating the return of the deposit in accordance with the regulation set by the Tenancy Deposit Scheme set out below.

Sales:

Fees and charges are available on request and subject to a meeting in person.

• Free property valuation and marketing appraisal. This service includes a visit to your property to estimate an approximate market and selling value. This will take into account local trends, current market values, condition and location of the property. The appraisal will be available in a written report within 48hours of the visit.

• Competitive legal advice and fees to reduce the cost of moving by working alongside local solicitors and Conveyancing firms to not only gain competitive quotes for the legal work, but also carrying out weekly sales progressions to conclude matters in a timely manner.
• Free consultation and advice to dress your house to sell. This service is the second stage of our property valuation service and assists you with preparing your house for the sales market.
• Free EPC and floorplan with the option of professional photography Our standard fee for an EPC and floorplan is £65 + VAT to which is now wavered in our offer. If you would like professional photography, there will be an hourly rate of £75 + VAT.

In accordance with Section 18 of the Estate Agents Act 1979 and (Provisions of Information) Regulations 1991, our terms of business are as follows:-

1. You agree to appoint us as your ‘Sole Agent’. This means that unless we agree otherwise in writing you should de-instruct any other agents who you may previously instructed in relation to the property(and send us a copy of the relevant letter of de-instruction, if requested) and should refer to us any approaches from any previous agents or prospective purchasers introduced by them.
2. You may terminate the period of our agency after sixteen weeks on giving us fourteen days written notice but unless and until this happens you should not instruct any other agents in relation to the property without our written agreement.
3. As you have appointed us as your ‘Sole Agent’ you will be liable to pay remuneration to us(by way of commission based on a percentage of the total sale price of the property), in addition to any other costs or charges agreed, if at any time unconditional contracts for the sale of the property are exchanged with a purchaser introduced by us during the period of our sole agency or with whom we had negotiations about the property during that period or introduced by another agent during that period.
4. You will also be liable to pay us commission on the total sale price of the property if we introduce a ‘ready, willing and able’ purchaser who is prepared and ready to exchange unconditional contracts for an agreed purchase of your property. You should note therefore that you will be liable to pay commission to us in addition to any other costs or charges agreed if such a purchaser is introduced by us in accordance with your instructions and this must be paid even if you subsequently withdraw and unconditional contracts for the sale are not exchanged, irrespective of your reasons.
5. Our commission is payable on the total sale price for the property, including any additional sum agreed for carpets, curtains, fixtures, fittings, furniture or equipment included within the sale, plus VAT at the current rate. Rates of commission are as follows; – As your ‘Sole Agent’ our commission is 0.75% plus VAT of the total sale price of the property if we introduce a ‘ready, willing and able purchaser’. If we agree to you instructing other agents as well as ourselves, commission is payable at 2% plus VAT of the total sale price or at such other rate as we agree with you at the time. If during the period of our ‘Sole Agency’ you instruct other agents without our agreement, commission will be payable at 4% plus VAT of the total sale price. If contracts are exchanged with a purchaser introduced by a previous agent, you will only have to pay our commission if the price had changed since that introduction and the buyer was introduced by us at a different price.
6. Our commission includes local press advertising, internet advertising, buyer database, accompanied viewings, prominent window display and sales progression.
7. You must pay our commission, together with any other charges, immediately on exchange of the sale of the property or when otherwise invoiced by us. Unless we agree otherwise, you must give to the solicitors acting for you on the sale of the property irrevocable authority to pay out of the proceeds of sale our commission and any other unpaid charges.
8. If any sums(whether commission or other charges) remain unpaid after completion or the date of our invoice(as the case may be) we shall be entitled to charge interest on those overdue sums, such interest to accrue on a daily basis at 4% above the base rate set by Lloyds Bank plc.
9. You agree to us erecting and maintaining a ‘For Sale’ board at the property,
10. Where appropriate we may assist prospective purchasers in their choice of financial broker or lender and we may also act in the sale of your purchaser’s property.
11. We are not aware of any personal interest (within the meaning of Section 21 of The Estate Agents Act 1979) between anyone in the employment of Edison Ford or any other connected person and yourselves but if you are aware of or become aware of such an interest, you should notify us straight away.
12. We will enclose a copy of our draft sales particulars along with an approval form and we will require the approval form signed and returned before the property goes to market. The sales particulars have been prepared as accurately as possible from notes taken at the time of our inspection and from information given to us by you. In order to comply with the Consumer Protection Regulations act of 2012, sales particulars must be factually correct and in no way misleading to the prospective purchaser. Please therefore read through these particulars, carefully noting any inaccurate descriptions of your property and return the signed approval form to us, as soon as possible.
13. Client verification is required under the Money Laundering Act. It is therefore required that we gain proof of the identity of any vendor or purchaser. A copy of your driving license or passport and a utility bill is required for our file by law.
14. It is now law that every home being marketed for sale requires an Energy Performance Certificate (EPC). Again a copy will be required for our file and to display on all marketing material.