Tenancy Management

The tenancy management services of Soho Properties cover everything relating to an owner's investment in a property. These services are designed to maximise an investor's return and minimise the risk, with the security of professional management. Ours services comprise of:

• Lease Agreement — We ensure that your lease agreement is in your best interest and tailored to your property.
• Tenant Vetting — We ascertain the suitability of a tenant and obtain qualified references.
• Handover of Premises — We check and record the condition of the property and its furniture and fittings before the tenant moves in and after they leave, and ensure that the cost of all damages are borne by the tenant, and all outstanding utility bills area cleared. We also inspect each property periodically to ensure that it is being maintained in good condition.
• Repairs and Maintenance — We arrange for any internal repairs that are necessary to be carried out and charge the cost to the tenant or landlord.
• Rent Collection — We arrange for timely payment of rents due to the landlord.
• Refund of Deposit — We recommend the amount of the deposit to be refunded after deduction of repairs.
• Tenant control — We ensure that tenants comply with the terms of their agreement.
• Tenant Liaison and Public Relations — We provide a point of contact and deal with any complications promptly.
• Monthly Reporting — We provide a statement each month showing the amount collected and paid into your bank account as well as pre-approved expenditures.
• Tax — We recommend that you appoint a professional tax advisor and we will follow his/her instructions.

Leasing

• Tenant Placement — We aim to find a tenant as soon as possible to minimise any vacant periods. The fee for successful tenant placement is one months' rent as standard, although there is no fee for arranging a lease renewal with the same tenant;
• Presentation of units — We would ensure that your vacant unit is presented in top condition to attract the prospective tenant. We will advise you on the presentation of the unit and provide quotations for necessary refurbishment work, oversee all the work and ensure its timely completion.
• Lease Renewals — We will negotiate the lease renewal and obtain the best possible terms on your behalf. We charge half a month's rent for the successful renewal of a lease agreement.
• Resale of units — We will act as your agent to sell the unit if required.