welcome to real lettings south

Two Saints / Real Lettings South

Welcome to Real Lettings South A comprehensive residential management agency

A guide for landlords

south

/ Leasing Service

If you are a landlord or propertydeveloper, Real Lettings Southcan offer you a comprehensiveleasing service that includes:• guaranteedrenteverymonthinadvance (whether the property is occupied or not)• professionalandpersonalmanagementservice• securityofalong-termleaseforuptothreeyears• nosetupfeesoradministrationcosts• freephotographicinventoryandScheduleofCondition• regularpropertyinspections• responsivetenantsupportandmanagement• nocostswhenthepropertyisempty• guaranteethatthepropertywillbehandedbackinthesamecondition

“Icanforgetaboutthepropertyfor five years. I don’t have to worry aboutcollectingtherent,orthequalityofthetenant.Ifthere’saproblem,Real Lettings will deal with that. It’s a weight off my shoulders.” — Private landlord


“Real Lettings helps people who are vulnerable to homelessness find homes. For landlords, it offers guaranteed rent for three to five years or more, no voids and a complete property management service. What could be better than that?”

— Phil SpencerPatron of Real Lettings

What we’reallabout

Page 03 / What we’re all about

Real Lettings South is a successful, comprehensive residential management agency that was established by Broadway (a homelessness charity) and Two Saints (a housing provider dedicated to supporting people at risk of homelessness). It was born out of a need to find good quality accommodation in the private rented sector for people who have been homeless and are ready to start rebuilding their lives.

We are the middle link between landlords wanting a low-risk, hands-off approach to letting their properties, and tenants who need good quality, settled accommodation in the private sector.

For landlords, we provide a professional lettings service (with guaranteed monthly rental payments for up to five years) and, for tenants, we offer ongoing housing management and advice to ensure each tenancy is a success.

If you are a landlord, our long-term leases provide a business model that not only has a clear social purpose but is an attractive and financially viable option for your rental business. With no void periods or hefty admin costs and set up fees, Real Lettings South offers a much more profitable option than high street lettings agents.

— Private landlord

“When I heard about what Real Lettings was doing, I was keen to get involved. I think that what they do for the community is great and I’m glad that my property can be of use in helping them to achieve this.”


How we can help

Page 04 / How we can help

Our support for property owners includes: • help to find a property to purchase • advice on purchasing the most suitable properties • assistance in preparing a property to lease • help to ensure properties meet the standards required for letting

We work with private sector landlords and developers across Hampshire and West Berkshire, and offer long renewable leases ranging from 12 months to up to five years.

“It’s great to be part of such an innovative business initiative. The service has been excellent. The Real Lettings staff have a clear understanding of the business market of property lettings.”

Our team of specialist negotiators have a wealth of experience and expertise in private rented sector lettings and property management.

Whether you are a first-time landlord or an experienced property developer, we can help you every step of the way from locating and buying a property to leasing and managing it.

Including arranging the gas and electricity certificates and Energy Performance Certificates.

We will put right any damage caused by the tenant before the property is returned at the end of the lease.

As long as your property meets the standard for letting we can arrange a property inspection, draw up terms and contracts and agree a lease within just seven days!

Help to get your property ready for letting

Ensuring your property is returned in the same condition as it was at the start of the lease.

Aquickstart

Our comprehensive leasing service includes:

Paid monthly by BACS into your bank account. This cash flow allows you to have a clear financial plan throughout the length of the lease.

For the duration of the lease, which means that you receive a monthly rent whether the property is occupied or not.

Conducted by our team of professional and experienced staff. We do all the negotiating with tenants and sort out any issues with the property so you have no further direct involvement with the letting.-Nosetupfees for you to pay which means no charges for the legal agreement, the Schedule of Condition or any other matters.

Guaranteed monthly rent

Novoidcosts

Full property management



Adding up thebenefits

Page 05 / Adding up the benefits

Letting your property through Real Lettings South is a way to give something back to society and help people who have been homeless to rebuild their lives again.

But it also makes perfect business sense. Take a look at the tables below to see how the figures add up.

Figuresbasedonaonebedroompurpose-builtflatinNewbury,WestBerkshire(approxpurchaseprice£125,000).

NetIncomeComparisonsIncome

Rent per calendar month Annual rent

CostsAveragevoidperiod/orbaddebtsAdministration charge and tenancy set up fees Lettingandmanagementchargeat10percentofrentScheduleofConditionandinventoryCheckoutchargeandprofessionalcleaningcostsTotal costs

NetannualincomePotentialextraprofitinoneyearPotentialextraprofitoverfiveyears

Agent

£525£6,300

£250£150£630£150£200£1380

£4,920

Real Lettings South

£450£5,400

£0£0£0£0£0£0

£5,400£480£2,400


Our servicefor tenants

Ben’sstory

Page 06 / Our service for tenants

All tenants receive: • help to set up the tenancy • help to arrange payment plans to ensure rent and utility bills are paid on time• regular visits to check everything is okay• periodic property inspections to ensure the property is well maintained • ongoing support and advice on any tenancy issue that may arise

“IusedtoworkasabuilderandlivedwithmywifeandkidsbutwhenmymarriagebrokeupI had to move out. I stayed with mates at first butfinallyendeduponthestreets.Itwasawful,Ilostallmyconfidenceandsocialskillsanddidn’tknowwhattodo.LuckilyIendedupinahostelrunbyTwoSaints.Ittook18monthsbuteventuallyIfeltreadytomoveintomy ownflat.RealLettingsSouthofferedmeaone-bedroomflatandnowmychildrencanvisitmeeveryweekend.’’

We provide all of our tenants with lots of help and assistance during the moving-in period. We then maintain ongoing support to ensure they settle into their new home and stick to the tenancy agreement for the remainder of the lease. This ensures the tenant thrives in their new home, and that your property is well looked after.

“Thetenantstakecareofthepropertyandactresponsibly.”

“ I used to look down on homeless people on the street but now I know how easy it is to become homeless, and how hard it is to get back.”



Mary’s Story

Ourachievements

Page 07 / Our achievements

• During 2012/13 more than 100 people have been helped into accommodation.

• During 2012/13 Real Lettings South will achieve a turnover in excess of £500,000.

• Real Lettings South has a growing portfolio with properties in Eastleigh, Fareham, Havant, the New Forest, Portsmouth, Southampton, Test Valley and West Berkshire.

Service

• 97 per cent of Real Lettings South landlords plan to renew their lease.

• 95 per cent of Real Lettings South tenants are happy in their homes and plan to settle (compared with 59% in other schemes working with the same client group).

“After a traumatic divorce, I turned to alcohol as acopingmechanismandsoondevelopedadrinkproblem,whichlostmemyjobandmyhomeandgotmeintoamountainofdebt.However,IthenfoundTwoSaintswhogavemeabedandthesupport I needed to address my issues and stand on my own two feet again. Real Lettings South then foundmeastudioflatandhelpedmetosettlein.I’m so happy now. I’ve resumed my education, gotajobandgotmylifebackontrack.’’

“Without Real Lettings South, I don’t know where I would have ended up.”


/ Contact Us

If you would like to find out more please contact us:

Dominic ThompsonTel: 07714 181894Email: dominic.thompson @twosaints.org.uk

c/o Two Saints Ltd,35 Waterside GardensFareham, HampshirePO16 8SDTel: 01329 848 567Email:reallettingssouth @twosaints.org.uk

Lucy Haworth Tel: 07714 181893Email: [email protected]

Richard Mitchell Tel: 07921 289626 Email: [email protected]

Philippa Tout Tel: 07872 915272Email: [email protected]

ContactUs:

Manager

Real Lettings South

Portsmouth area

Southampton area

WestBerkshireandNorthHampshire area

Real Lettings South currently operates across a range of local authority areas including Eastleigh, Fareham, Havant, New Forest, Portsmouth, Southampton, Test Valley and West Berkshire. We may consider properties in other locations.

Generally we are looking for self-contained studio and one-bedroom flats, but do consider two-bedroom and larger accommodation. We can also manage blocks of flats including communal areas.

Test Valley

NewForest

Fareham Gosport

Portsmouth

Southampton

Havant

East Hants

Winchester

Eastleigh

Basingstoke

Rushmoor

Hants

WestBerkshire

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Homes and Communities Agency No. Lh3904 Registrar of Friendly Societies No. 26511R

www.twosaints.org.ukwww.reallettings.com

welcome to real lettings south

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