Unlike any other Estate agents we only charge 6% including VAT for the full year.Most importantly we also insist on all rent to be paid directly in the landlords account unless the landlord expects the rent to be paid in to Sumerasi first.

Secondly if the land lord agrees to pay a management fee of 8% inclusive of VAT then we will insure your entire main appliance such as, fridge/freezer, cooker, microwave, washing machine and also for plumbing, boiler, electrical wiring and so on.

This means should any of the above have a fault or damage it will be repaired for free of charge unless it is obsolete then there will be a payment up to 50% towards any new equipment.

Finally, The management fee also includes a regular visit to the property and 24 hour emergency call out, and free of charge any repairs which cost less than 50.

In providing our Full Property Management Service, Sumerasi will, provide the following:

To arrange for an annual Landlord's Gas Safety Certificate to be carried out by a Corgi registered engineer in order to comply with the Gas Safety (Installation & Use) Regulations 1994. Renew and keep up to date the gas inspections, a copy of the annual report will be sent to both Landlord and Tenant and remain on our files.

To arrange for the preparation of the inventory for the property and the check-in of the tenant. It is the usual practice for the Landlord to meet the cost of both the inventory and the check-in at the start of the tenancy and for the tenant to cover the cost of the checkout. Charges vary depending on the size of the property but approximate cost can be given on request. Whilst care will be taken in giving instructions to independent inventory clerks, we cannot accept liability for any error or omission on their part.

Pay from rent received such outgoings as ground rent, service charge and insurance premiums on receipt of demand and on the sole basis that we hold sufficient funds on your behalf. Although we shall do our best to query any obvious discrepancies, it must be understood that we are entitled to accept and pay without question demands and accounts that appear to be in order. In particular we do not accept responsibility for the adequacy of any insurance cover or for the verification of service/ maintenance charge demands where applicable. Please note that you should ensure that the above accounts should be sent to us should you wish Sumerasi to settle these on your behalf.

Attend to routine management matters including minor works up to 250 for any one item; we will obtain estimates for consideration by the Landlord for any major repairs or maintenance over 250 and submit them for approval prior to the commencement of the works. However, in emergencies and when we consider necessary, we will act to protect the Landlord's interest without consultation. For any works exceeding 250 we will make an administration charge of 7% of the total net invoice. It is the Landlord's responsibility to supply Sumerasi with details of any guarantees, service/ maintenance contracts or preferred contractors or preferred contractors. If we are not in possession of such details, we will instruct appropriate maintenance contractors at our own discretion.

Arrange property visits on a periodic basis (and upon a serious defect being reported to us) and submit a report to you on each occasion. Property Visits will be charges at cost of 35 incl VAT. It must be understood that these inspections can only highlight apparent or obvious defects and are not intended to be a structural survey or inventory check. Sumerasi cannot accept responsibility for hidden or latent defects.

Submit progress and negotiate any insurance claims relating to the property on your behalf. Any claim exceeding 100 will incur an administration fee of 7% incl VAT of the total value of the claim. Should you decide not to proceed with a claim once Sumerasi has initiated it, we reserve the right to charge a discretionary fee for the work undertaken by us.

Liaise where necessary with the Landlord's accountants, solicitors, superior landlords, managing agents, mortgagees and insurance companies.

Arrange for the tenant to be checked out of the property and provide the Landlord with a report from which to establish reasonable deductions to be applied to the security deposit.

Sumerasi can advise on dilapidations cost and apportionment and on receipt of written instructions from the Landlord to release the deposit we will finalise the account, providing both Landlord and Tenant with a statement. If the Landlord does not provide authority to release the deposit within 21 days after the termination of the tenancy, Sumerasi reserves the right to prepare our own schedule of dilapidations, deduct the cost of these, if any, from the deposit and refund the balance to the tenant. Sumerasi accepts no responsibility or liabilities for any disputes arising out of the repayment of deposit to tenants.

To organise any cleaning and repair works as required in preparation for a new let or the Landlord's return. During void periods (which we endeavour to minimize) we charge a fee set at 50 per property per month. Sumerasi will continue to manage your property during this period; however we cannot be held liable for any damage caused by fire, flood or theft. Should you require supplies to be turned off or disconnected during this period, Sumerasi must receive formal notification in writing to this effect and this will be arranged on your behalf. You are further advised to contact your insurance company should the property be empty for thirty (30) days or more.

You will be informed of any rent arrears or breaches of covenants brought to our attention. However if legal action is necessary you will be responsible for instructing your own Solicitor and for all fees involved.
We would advise that a member of the Sumerasi Management Team to visit the property with the owner to collate all relevant information required to efficiently manage the property and to discuss any further issues you may have.