SP Properties Letting

SP Properties Letting: lettings management for landlords and tenants

SP Properties Letting is an estate agency specialising in residential lettings. Its activity focuses on the management of rental properties, with services aimed both at landlords who want to delegate the operational side and at tenants looking for support throughout the process. The company presents itself with the motto "Where Every Key Comes with Trust" and operates in Wiltshire, Hampshire, Gloucester and nearby areas.

Services for landlords

The agency structures its offer for landlords into four packages, with different levels of involvement:

• Let Only: includes a free consultation covering your property, presentation advice, current market conditions and the latest legislation; advertising on Rightmove, Zoopla and SP Properties social media; accompanied viewings with applicants; reference checks and Right to Rent checks; drawing up the tenancy agreement and ensuring it is signed by both parties; collecting the initial move-in money; ensuring the tenant receives all required documents (Gas Safety Record, Electrical Installation Condition Report, Energy Performance Certificate, etc.); drawing up an inventory and schedule of condition; and conducting the tenant check-in.
• Let and Rent Collection: adds to the above the taking and protection of the deposit, passing on rents received in line with the agency terms, sending rental statements to the landlord and communicating with tenants if they fall into arrears.
• Fully Managed: incorporates dealing with day-to-day repairs and maintenance, arranging renewals of gas and electrical safety checks, replacing the Energy Performance Certificate if it has expired, transferring utility accounts into the new tenants' names, periodic property visits as set out in the terms of business, preparing a schedule and cost of damages at the end of the tenancy and negotiating between the parties in the event of a dispute over damages.
• Fully Managed with Rent Guarantee: the most comprehensive package, which includes a rent guarantee.

Fees for management services

The agency's catalogue details the following fees: Let Only, £500; Let and Rent Collection, 6% (with a one-off setup fee of £400); Fully Managed, 8% (with a one-off setup fee of £400); and Fully Managed with Rent Guarantee, 11% (with a one-off setup fee of £400).

Support for tenants

For tenants, SP Properties Letting presents itself as a team that helps find a home and supports you through every stage of the rental process, from viewing to moving in, with the aim of making the experience smooth and efficient.

Geographical coverage

The agency states that it covers Wiltshire, Hampshire, Gloucester and the surrounding areas.