Let Only Service
If you are a more experienced landlord, living locally you may wish to handle the day to day running of your property yourself. CPS Homes can still help and will provide the following services:
- a free, full rental evaluation, carried out by an experienced, friendly member of the lettings team
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advertisement of your property in our 4 branches, online and in print
- accompanied viewings
- seek references and/or a financial guarantor for every prospective new tenant
- prepare and sign tenancy agreements for both new and existing tenants
Once the contracts have been signed we will either invoice you for the letting fee or deduct it from the monies received from the tenants. Thereafter all of the paperwork will be sent to you for you to start managing your property.
As part of our full management service, we carry out a full inventory and schedule of condition; for our let only services this responsibility lies with you, and is vital if any claims need to be made from the scheme insuring or protecting your deposit. We can strongly recommend Inventory Expert to carry out this task.
For more information on our let only services, please click on the links on the left hand side menu.
For full details of our fees, please contact your nearest branch who will be happy to discuss your needs with you.
Please click on the links below to show the information for each section
Marketing of your property
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When you instruct CPS Homes to let your property, you automatically benefit from our comprehensive package of local and nationwide marketing services.
Everything we do is designed to achieve maximum exposure for your property in order to obtain the best price quickly and efficiently.
CPS Homes are proud to have massive marketing coverage through both traditional methods and new innovative methods. We are confident that our market strategies are a certain method to ensure prompt letting of your property
Our marketing strategies include:
- An eye catching to rent board will be put up outside your property, along with massive board presence in Cardiff
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At least one brochure for your property will be on display in our Miskin St or Albany Rd show rooms
- Four well staffed offices in prime locations, ensuring that prospective enquiries are dealt with quickly and effectively
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We will add your property to our market-leading website the same day as it goes on the market. We pride ourselves on being one of very few property websites that are updated every single day.
- Multiple branded CPS Homes Cars
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Sponsorship of high profile events and teams both professional and student
- Various advertising campaigns ranging from cinema to billboards
- Pay per click advertising on Google and Facebook
- Market leading organic listings in Google for a huge array of search terms
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Your property will be added to Rightmove,
Accommodation for Students, and
Property live
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- We run regular adverts in the Property Mail magazine, South Wales leading glossy property magazine, as well as other publications in the Cardiff and South Wales area.
- We will always cross match your property against registered customer's details, using industry leading software with automated emails to applicants at the end of their tenancy
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We run a blog to keep landlords and tenants updated with current events
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Click here for a no obligation rental evaluation
You can receive all of this marketing for free!!
We deduct all of our fees from the tenants rent - No let, No fee!
Viewing Your Property
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Every potential tenant that views your property will be accompanied by an experienced lettings negotiator who will present the property in the best possible light.
Should the property be tenanted during this time CPS will arrange a convenient time to visit the property directly with the tenants.
We will give you feedback from viewings on a regular basis.
During busy periods, for example when students first start looking for properties we expand our working hours to ensure that we can meet the demands of the prospective tenants, ensuring that your property has the best chance possible of being let. This means that in busy periods our offices are open for 12 hours a day!
Selecting & Referencing Tenants
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All prospective tenants are required to provide at least 2 references. These may be from their bank, a previous landlord or a current employer.
In certain circumstances, where references cannot be obtained (for example if the tenant is a full time student) a financial guarantor will be required.
Tenancy agreements & contracts
We will prepare and execute a suitable Tenancy Agreement in line with current legislation. It is important that if any alterations are planned for the property prior to the beginning of the tenancy, that you supply us with a signed copy of the proposed works in order that such changes can be incorporated into the Agreement.
CPS Homes will always endeavour to renew tenancy agreements after the initial term has elapsed. If your property is managed by CPS Homes, our lettings team will automatically complete a rent review every year and advertise it for re-let at the end of each tenancy.
We have uploaded our standard tenancy agreements for tenants and landlords to read through, which can be found on our forms page
Management Fees & Accounts
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Rent is collected monthly and transferred to you, once the tenant's payment is cleared, less our fees. You will be paid monthly in advance either by cheque sent to your designated address or directly to your bank account. Rental payments to Landlords usually occur between 10th-15th of each month.
Along with your rent payment you will also receive a full breakdown of monies transferred, showing details of any expenditure
Please contact your nearest branch for full details of our fees, as we pride ourselves on being flexible to meet our landlord's needs, and can offer discounts for those landlord's with a portfolio of properties