Fully Managed & Let Only
M&B Residential Lettings successfully Fully Manage and Let over 500 properties in the local area. With over 15 years of experience and 9 members of high-calibre staff, we at M&B pride ourselves on our local knowledge and expertise.
We offer free rental valuations and can assist in a wide range of property services.
Qualified Lettings Negotiators are available to give professional advise and legal guidance.
We provide a Fully Managed or Let Only rental facility (subject to individual requirements) and our packages include full Inventories, Tenancy Agreements plus all additional paperwork. As M&B Residential Lettings are registered with the National Association of Estate Agents, ARLA, APIP, The Property Ombudsman, NALS and Safe Agents we are bound by a strong code of ethics and responsibilities providing peace of mind to our Clients.
How we can help
We help Landlords let their property, whether that's helping them understand lettings legislation, finding them a Tenant or managing their property.
Peace of mind is a valuable asset for Landlords. M&B Residential Lettings team can manage your property throughout the lettings process; from organising inventories and arranging for properties to be cleaned pre-tenancy, right through to deposit negotiations once the Tenancy has come to an end.
During the Tenancy period we can arrange repairs, maintenance works and safety reports on your behalf, as well as organise payment of outgoings. We also provide a 24 hours emergency contact number (fully managed only) and our handling of day-to-day maintenance issues and visits to check the property, mean you can relax, knowing that your property is being looked after and your interests taken care of.
Fees for our Property Managmenet service are set out in more detail in our Terms of Business.
All prospective Tenants are thoroughly referenced and credit checked. Where necessary we also reference a Guarantor.
Preparing the Property
First impressions count! A well presented and maintained property in good decorative order will acheive a higher rental and attract a better quality Tenant.
Annual Gas Safety checks are required by law every 12 months and must be completed by a competent GAS SAFE registered Gas engineer. Further information can be found at www.hse.gov.uk/gas or contact our office on 01752 759905.
Any furniture left in the Property must comply with the Fire and Furnishings (Fire) (Safety) Regulations 1988 (amended 1989 and 1993). The rules and regulations concerncing fire safety in rented accommodation have tightened in recent years. If you are at all unsure you are advised to consult your Letting Agent or visit www.firesafe.org.uk/html/legislation/furnregs.htm.
Properties built since June1992 must have mains powered smoke detector alarms. Properties built prior to 1992 are required to have battery operated smoke alarms fitted to comply with your "duty of care" obligations.
All rented properties are required to have an Energy Performance Certificate. The EPC is valid for 10 years.
It is strongly recommended that a full electrical safety check is carried out and any appliances remaining in the Property with a plug socket are regularly tested to conform with the Electrical Equipment (Safety) Regulations 1994, the Plugs and Sockets Regulations 1994, the 2000 Building Regulation - Part P and British Standard BS1363. Please visit www.bis.gov.uk for further information or contact our office on 01752 759905.
Due to recent changes to the legislation relating to the control of legionella it now means that residential lettings are covered by Approved Code of Practice L8 and HSE 274, therefore landlords, property owners and managers must ensure that legionella risk management is carefully managed. In order to comply with the Health and Safety Executive’s code of practice
Landlords must carry out a risk assessment at their property. By signing this agreement you confirm that you have considered all risks regarding Legionnaires Disease. Should you require M&B Residential Lettings to carry out the risk assessment please request further details from Michelle Stacey of M&B Residential Lettings.
The Smoke and Carbon Monoxide Alarm (England) Regulations 2015
Requires Landlord’s to ensure alarms are installed in their properties with effect from 1st October 2015. After that the Landlord (or someone acting on behalf of the Landlord) must ensure all alarms are in working order at the start of each new Tenancy. After the Landlord’s test on the first day of the Tenancy, Tenants should take responsibility for their own safety and test all alarms regularly to make sure they are in working order. Testing monthly is generally considered an appropriate frequency for alarms.
Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007
The Landlord will fully comply with the Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or amendments that may apply during the period of any Tenancy plus any other regulations referred to within this agreement or that may apply at any time. We reserve the right to withdraw our services in respect of any Property that does not comply.
RIGHT TO RENT – Immigration Act 2014
From 1st February 2016, all private landlords in England, including those subletting or taking in lodgers, will have to check applicants for properties have the right to be in the UK before renting out a property.
Right to rent is a mandatory requirement introduced in the Immigration Act 2014.
It is the responsibility of the Landlord to ensure that they have the relevant Buildings and Contents Insurance Policies in place. Failure to inform your insurers may invalidate your policies. We can provide information on "Landlords Legal Protection", "Rent Guarantee Cover" and "Landlords Contents and Building Insurance" if required.
If your property is Mortgaged, you must obtain your mortgagee's written consent to the letting. They may require additional clauses be inserted into the Tenancy Agreement.
If you are a leaseholder, please check the terms of your lease and obtain any necessary written consent before letting.
Will I have to pay tax on my letting income?
Not necessarilly - it all depends on your personal financial circumstances. For example, if the let property is mortgaged and the mortgage and the related costs of upkeeping the property exceed the rent you receive, then it is possible that no tax will be payable. If you are unsure about any aspect of your tax liability, then you are advised to seek further advice from your accountant or financial advisor. More information can be found at : www.hmrc.gov.uk.
All owners of property in the UK are required to pay tax on their letting income unless the income after allowable expenses is less than the individual's personal allowances. However, special rules apply to the UK rental income of non-resident Landlords or Landlords who live abroad (usually for more than a six month period). For more information please contact the office on 01752 759905 or visit www.hmrc.gov.uk/cnr/nr_landlords.htm.
We are always delighted to answer any letting queries that a prospective Client may have and offer a warm and professional welcome to both Tenants and Landlords.
“I want to thank you so very much for all of your help when it came to buying my home. You went to so much trouble answering all of my questions, most of them repeatedly, and making sure I really understood the process. I know that my situation (being the new buyer of a tenanted property that you managed) was as frustrating to you as it was to me, but you were calm and helpful long after we both thought your job was finished. I know that you did not profit from the purchase of my home, in fact as it is no longer tenanted you would have lost out financially, but you never treated me like I was any less important than your actual clients, I would even go so far as to say you treated me like a friend. I just want you to know that I really, truly appreciate all of your help. Thank you again and have a great day!”
“I would like to thank MBlettings for the way in which my property was managed over the last (almost) 8 years. This was especially important to me as living such a long way from Plymouth, it gave me confidence and peace of mind. Basically MBlettings are extremely professional, friendly, helpful, efficient, fair and get the job done and I would highly recommend them. Thanks Kathryn”
“M&B Residential Lettings pride themselves in their work. The very nature of the Lettings business is very fast past with many different aspects to consider. M&B Residential Lettings are always pleased to receive feedback and are delighted to know their Clients are happy with the services provided.”
M&B Residential Lettings Testimonials
“I have spent the last 8 years working within the Private Rented Sector and I pride myself on the fact that we know our clients and understand their business. One such client is M&B Lettings. We have worked with Michelle Stacey and her team for the last 4 years. Since day one Michelle's passion, enthusiasm and professionalism shone through. The foundations set by Michelle are very strong and the emphasis on customer service is very clear in the agency's dealings with both landlords and tenants. The standards set by Michelle and her team are extremely high - in a industry where regulation is not mandatory, M&B lettings take compliance very seriously. Setting a bench mark for excellence is Michelle Stacey's goal - it is a pleasure to work with someone who is making a difference in the industry.”
The Letting Training Centre (UK) Limited & The Guild of Lettings & Management Limited - Testimonial
“Congratulations on M&B lettings independence and the impressive new livery. We would like to take this opportunity to thank you and your team very much for the humorous and professional way in which you have acted on our behalf in the letting of our properties for the past few years. As you are aware we have had experience with other letting agents which led us to becoming very aware of the legislation governing landlords. Having now experienced the dedication, diligence and professionalism of M & B staff ensuring we are always within the latest legislation we have been able to be far more relaxed about being landlords.”
John & Pat Meyrick
“I have let properties through M & B Residential Lettings for a number of years. Michelle and her team have always offered a professional and reliable service at affordable prices. Many agents charge sub contractors 10% or more commission on jobs forwarded on to them which means the contractor charges the landlord more. M & B don't so that means I get charged exactly what the job cost. This is a massive plus when juggling finances for remedial or emergency works on my properties. I cannot recommend M & B highly enough, they make sure my houses are treated in the same way they would treat their own home and the tenants found are of a high quality.”
Mrs N. Hopwood
“Thanks for all your hard work during the last few years that you've managed the cottage, you have understood the unique and quirky qualities of the place and we appreciate that! You have cared and reminded us when issues need addressing without costing us a fortune.”
“We have been lucky enough to have M&B manage our properties since 2009. We have always been impressed by their friendly, professional service and attention to detail. They have always secured suitable tenants and dealt with maintenance issues in a timely manner. For the past 18months we have also used their services as a tenant and it has been reassuring to see that regular professional checks are carried out. This reassures us that our tenants and properties receive the same level of regular support.”
Mr & Mrs D.
“M&B Residential Lettings have looked after my properties for the past few years and up till now I have been very satisfied with their service on my behalf. They are in my opinion an ethical, honest firm and extremely pleasant to deal with. I would have no hesitation in recommending this firm to anyone who wishes to have their properties managed.”
Mr J. Mohun
M&B Residential Lettings offer a wide variety of quality rental properties throughout the local region.
M&B Residential Lettings successfully Fully Manage and Let over 500 properties in the local area.