BELVOIR! Derby East - The comprehensive one stop property management and investment service for Landlords.
Our office is in the Derby suburb of Alvaston and offers easy access and free parking nearby
Covering the eastern suburbs of Derby as well as the surrounding villages of Aston on Trent, Belper, Borrowash, Draycott, Elvaston, Heanor, Thulston, Spondon, Melbourne and Castle Donington.
Belvoir! Derby East take every advantage of technology in our marketing and business activities including electronic banking, the use of digital cameras to transfer images of properties and video inventories. We maintain a computer database of tenants and their requirements. This all contributes to an efficient user-friendly service.
We can e-mail property details and images to prospective Tenants and are committed to customer care during every phase of the move-in process.
We pride ourselves on our friendly approachability and straightforward, ethical business advice.
OUR SERVICES INCLUDE:
Our Buy To Let Scheme for investors provides you with a comprehensive Property Investment Consultancy service including, where required, search and selection of investment properties followed by full management.
If you have to move in the near future, for whatever reason, think carefully before selling your home. Letting can be a very attractive option:
It helps pay the mortgage
It keeps you on the home ownership ladder
New laws make it much easier to let
In many cases your income will not be taxed
We will be pleased to advise you on the market rent for your property. Rents are payable by the tenant monthly to our client account by standing order. You will be paid direct from this account and we will prepare, at regular intervals, an income and expenditure account which you can send to the Inland Revenue.
We collect a deposit from the tenant to safeguard against damage. At the end of the tenancy we will inspect the property and the costs of any work attributed to the tenant will be deducted from the deposit.
We will find a suitable tenant for your property and take up references and credit checks.
We will prepare a legal agreement under current legislation to suit your particular circumstances. In general this will be for a period of not less than 6 months and then renewable on a month to month basis. This gives you the flexibility to re-occupy the house after giving the tenant two month's notice to quit. Similarly the tenant may terminate after the initial period by giving one month's notice.
Rates and Services
The payment of water rates, council tax, gas, electricity and telephone bills are generally the responsibility of the tenants.
You are responsible for all repairs to the property with the exception of window glass or other breakages caused by the tenants. Small repairs can be carried out by our contractors, or ones nominated by you, with their charges deducted from your account. We will always ask for instructions before commencing any large scale repairs.
Building Society Mortgages
We can undertake all negotiations with your Building Society in order to obtain their permission to let the property. Some lenders might charge higher interest rates for let properties and raise a service charge.
From the total rent received in a tax year you can normally deduct, for tax purposes, the following:
Our management fees
Fair wear and tear & repair costs
10% of rent for depreciation, if furnished or part furnished
Interest paid to the Building Society or Mortgage Company
You then pay tax on the remainder of the rent
If you would like a more comprehensive tax service we can arrange this for you
We are FSA Regulated and as such we can provide quotations, information and help on rent and legal protection insurance, building & contents insurance