Letting Your Property

Ystradgynlais has seen a surge in demand for rental properties in recent years, thanks to its convenient location, natural beauty, and welcoming community. The town is well-connected to major cities like Swansea and Cardiff via excellent transport links, making it an ideal base for commuters. However, there is a lot to take into consideration when becoming a landlord. Let us help you through the process.

Our Property Letting Services

We offer two tiers to cater to your specific needs.

If you prefer to manage your property yourself but need assistance in finding a tenant, our Contract Holder introduction Service is perfect for you. We’ll help you find a suitable tenant, carry out necessary background checks, and prepare the necessary contracts. Our team will also conduct a thorough inventory of your property before check-in to ensure everything runs smoothly.

For those who want to sit back and relax, our full management service has got you covered. We’ll take care of everything from finding a tenant to conducting regular inspections and handling any necessary repairs. You won’t have to worry about a thing. Our team conducts inspections every three months to ensure your tenant’s safety and your property’s condition.

As a landlord in Wales, you must register your details and property address with Rentsmart Wales to comply with the regulations. Don’t worry; we’ll help you stay on top of this. The new Renting in Wales Act has introduced several changes, including the Fitness for Human Habitation Act. If you’re considering becoming a landlord, we’re here to guide you through the process.

Let us help you find the perfect tenant and take the stress out of managing your property. Give us a call today!

Contract Holder Introduction Service

£420no VAT
  • Monthly rental valuation
  • Advertising online and at our office
  • Accompanied viewings
  • Referencing on potential contract holders.
  • Preparation and signing of the occupation contract
  • Collecting first month’s rent and deposit
  • Inventory of the property and any furnishings
  • Check-in with contract holder

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Contract Holder Introduction and Full Management Service

£420 + 12% of gross monthly rent
  • All features of Contract Holder Introduction Service
  • Notification of a change of occupant to the relevant utility companies
  • Collection of monthly rent
  • Payment of rent, less commission and costs
  • Monthly income/expenditure statements
  • Property management
  • Quarterly inspections
  • Property maintainece

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The bits we legally need to display

Managing Lettings Agents Fees and Charges

Initial charges – LANDLORDS:

  • Fixed charge to the landlord for arranging a letting £420 including inventory.
  • Administration charge for arranging a letting – £0
  • Administration charge relating to deposit protection – £0
  • Charge for arranging a guarantee (if required) – £0
  • Ongoing charges for management:
  • Fixed charge to the landlord for management of the property (if any) – £0
  • Commission payable by the landlord for managing the property 12.00% of rents actually received.

Renewals

  • Charges to landlord for renewing tenancy when it expires with the existing tenant renewing. – £0
  • If re-letting the property when it is vacant are the charges the same as those itemised above under the initial charges. No
  • If not, specify any difference in charges. – £240
  • Charges to the landlord if renewal is affected where at least one tenant remains but a new tenant(s) is/are introduced. Fixed fee – £180
  • Charge to the landlord for assignments etc. if tenancy is transferred whilst it continues £0.

Charges during tenancy

  • Charges for arrears letters/notification, Charges for letters/notification relating to other tenancy breaches, Charges for statutory notices e.g. Section 21 or Section 8, Charges for dishonoured payments e.g. Charges for inspections, cheques bounced and credit card payments dishonoured, Interest charges payable on late payments, Charges for failure to return keys/change locks, Charges for call outs , Other charges- £0

Termination

  • Any charges for release of deposit, fee for inventory on vacating property. Tenancy deposit dispute adjudication charges for administering process -£0

In line with the CMP legislation that came into force 1 April 2019, an electronic version of the CMP certificate provided by Propertymark must be displayed on our website and a hard copy displayed prominently in our branch.