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What is Price Reece Property Services responsible for?

We ensure you receive your set monthly rental fee each month. We fill the house with our professional tenants, ensure all of the utilities and council tax are paid. We ensure that the property is maintained to a high standard, hiring a cleaner and a gardener (where applicable) to take care of the communal areas. We are the first point of contact for the tenants if they have any problems.

We act as the landlord and take over all of the landlord responsibilities 24/7 so that you don’t have to worry about anything. There will be no cost to you the landlord for any interior upgrade work, decoration or furniture which we undertake to meet the standard our professional tenants expect.

Will I still make the same amount of money as usual?

Yes, The rent and the duration of the agreement will be agreed between us.

Am I responsible for anything at all?

As a landlord, you are responsible for ensuring the building is structurally sound. We are not liable for repairs to these parts of the home (for example, roof tiles and structural soundness). As a responsible landlord, you should make sure the building is insured with the appropriate landlord product, and that you have adequate safety and environmental certificates in place (e.g. Gas safety, Electrical Safety, EPC). Finally, if you have one, it is your responsibility to look after your own mortgage.

How does Price Reece Property Services make its money?

Price Reece Property Services earns commission from the services that we provide to the tenants in the properties we manage. Our tenants pay an all inclusive rental fee and we manage everything, utilities, Internet, cleaners, gardeners, maintenance etc

Is this sub-letting?

No. We do not have an Assured Shorthold Tenancy (AST) with the owner of the property, which disallows sub-letting and is not appropriate in this situation. Price Reece Property Services use a contract that has been drawn up by a solicitor specifically for this type of management agreement between ourselves and our landlords.