Landlords

At CODA we understand the importance of achieving the best results for your property investment, we have a clear focus on securing good quality tenants, optimising your rental income with minimal void periods.

Services that are available:

TENANT FIND

The Tenant Finding Service is provided to clients for the introduction of a tenant(s),
who is acceptable to the landlord and who subsequently enters into a tenancy
agreement for the letting of the Landlord’s property. It includes:

1)    Rental appraisal and advising the likely rental income.

2)    Accompanied viewings with all prospective tenants by an experienced member of staff

3)    Advertising and marketing the property.

4)    Interviewing prospective tenants and putting potential tenants through relevant referencing.
       Where necessary, additional security would be requested by means of a guarantor.

5)    Preparing the Short Assured Tenancy Agreement and corresponding notices necessary
       for a client to gain protection of the relevant Rent and Housing Acts.

6)    Collecting first month’s rent and deposit and paying over to our client less our fees for the Letting
       Service.

FULL MANAGEMENT

Management Service includes:

1)    Appraising the property and advising the likely rental income.

2)    Advertising on all websites and contacting applicants from our mailing list.

3)    Accompanied viewings with all prospective tenants by an experienced member of staff

4)    Interviewing prospective tenants and taking up full references including employer or previous
       landlord character reference. Where necessary, additional security would be requested
       by means of a guarantor.

5)    Preparing the Tenancy Agreement necessary for the landlord to gain protection of the
       relevant Rent Housing Acts, and renewing the Agreement where necessary at the end of the term.

6)    Carrying out an inventory and schedule of condition of the property prior to the tenancy commencing

7)    Taking a deposit from the tenant to be held by the Agent until the end of the tenancy when
       the property and contents have been checked for unfair wear and tear.

8)    Collecting the rent monthly and paying over to the landlord monthly less any fees or expenses
       due or incurred for the period. Payments will be made by direct bank transfer.

9)    Notifying the service companies (principally electricity and gas and water) of the meter reading.

10)  Advising them of the transfer of service contracts to the tenant at the beginning of each tenancy.

11)  Regular inspections of the property are carried out throughout the term of the tenancy.

12)  Co-ordination of repair or maintenance including arranging for tradesmen to attend the property.

13)  Obtaining estimates where necessary, supervising works and settling accounts from rents received
       (subject to maximum expenditure for UK Landlords of £150.00)

14)  Carrying out a full property inspection and inventory check at the end of the tenancy and dealing
       with matters relating to unfair wear and tear before releasing the tenants deposit.

To find out more about our services please contact us on 0141 775 1050
or click here to send us your details and one of our team will contact you.

Advertising

Websites we use and advertise on:

1)    Rightmove.co.uk

2)    S1homes.com

3)    Citylets.co.uk

4)    Codaestates.co.uk

5)    Propertyfinder.com

6)    Gumtree.co.uk

7)    Globtrix.com

8)    Nestoria.com

9)    Primelocation.com

Mailing List

We are currently maintaining a large database of applicants looking for rented accommodation locally and across central Glasgow of which we contact daily when new properties are listed that match their criteria.

Software

CODA Estates Limited are the only agency locally to invest in CFPwinman software, which is the only lettings and property management software package to be accredited by the ICAEW, as well as being ARLA, NAEA, NALS and RICS, NFoPP and Law Society compliant. Also accredited since 1998 by Microsoft, CFP Software is proud to be a “Microsoft Certified Partner”.

Opening Hours

As a company we understand that longer opening hours are important to accommodate clients that require our services out with normal office hours. We currently operate 7 days a week.

Rental Guarantee

Despite our stringent approach with vetting tenants and being hands on with inspections we have implemented a safeguard to overcome these obstacles. unforeseen event that rent payments are not paid on time. We currently use the widely accredited ‘’Home Let’’, who are an external company who specialise in providing Tenant Referencing Services and related Insurance cover for the lettings industry. For new landlords we offer this insurance policy ‘’free’’ for the first 6 months of any tenancy upon successful vetting, this can be extended afterwards for a fee of £90 per six month term.

Rent Guarantee:

•  Home Let guarantee your rent in the event of default by your tenant
•  Specialist in house legal and Cmails team to ensure your claim is paid promptly
•  All legal costs incurred in evicting the tenant as a result of non-payment of the rent,
   up to a maximum £25,000
•  No restriction on tenant type
•  One free guarantor reference when requested by HomeLet
•  Choice between a 6 and 12 month option
•  Renewable Cover
•  Up to five rental payments on a 12 month policy
•  Up to four rental payments on a 6 month policy
•  Excess equivalent to one months rent

Advice for Landlords Legal and Safety Requirements
The Furniture (fire) (Safety) (Amendment) Regulations 1993
The above regulations were amended in 1993 and set new levels of fire resistance for domestic upholstered furniture and furnishings. It is an offence to 'supply' in the course of business any furniture which does not comply with the regulations. This includes supplying furniture as part of a residential property to be let.

The regulations apply to; sofas, beds, bed-heads, childrens' furniture, garden furniture suitable for use in a dwelling, scatter cushions and pillows, stretch or loose covers for furniture or other similar items. The regulations do not apply to: curtains, carpets, bedclothes (including duvets and mattress covers).

Any furniture manufactured after March 1990 is likely to comply, but if the appropriate labels are not on the furniture, compliance is in doubt and checks should be made with the manufacturer.


The Gas Safety (installation and use) Regulations 1998
These regulations first came into effect 31st October 1994 to ensure that gas appliances are properly installed and maintained in a safe condition so as to avoid the risks of carbon monoxide poisoning. It is the responsibility of landlords to ensure that ALL gas appliances and gas installation pipe work owned by them are checked for safety at lease once a year by British Gas or a member of the Council for Registered Gas Safe. In addition accurate records of the safety inspections and any work carried out must be kept. The current safety certificate must always be available for any tenant prior to them taking occupation of a property.

Faulty equipment can lead to death and a conviction of unlawful killing on a landlord. Under the regulations any appliance that does not conform can be disconnected.

The Electrical Equipment (Safety) regulations 1994
The above regulations impose an obligation on a landlord to ensure that all electrical appliances left as part of a let property are safe. Cabling, fuses and plugs should also be inspected and replaced where necessary to the correct rating for that particular appliance.

Other legislation covering electrical installations is currently in force and we strongly recommend that all appliances are regularly checked and serviced.

PAT Testing

The Building Regulations 1991 - Smoke Alarms
The 1991 Building Regulations require that all properties built since June 1992 must be fitted with mains operated interlinked smoke detectors/alarms on each floor. Such regulations regarding older properties do not exist but we strongly recommend that smoke alarms are fitted in all let properties and are regularly checked to ensure they are in full working order.

Consent To Let
If you have a mortgage you must obtain consent from your mortgage lender. If your interest in the property is leasehold your lease may require you to obtain consent from your landlord prior to sub letting.

Insurance
Standard home owner insurance may well be invalidated when you let your property. Our branches can obtain quotations for specialist comprehensive insurance cover for let property, including rent and legal insurance.