Prosepective Landlords

Michael Herwald and Co. specialise in selling and renting residential properties around the Prestwich, Whitefield, Salford 7, Crumpsall and Radcliffe areas. The agency was set up in 1986 by Michael, who has been selling & renting property in the area since leaving school in 1972.

Our showroom which is located in the heart of Prestwich Village near M&S on Bury New Road, has all the information landlords and tenants need. Our friendly experienced staff will endeavour to make the process as straight forward and pleasant as possible.

Please note that you pay us nothing up front at all.

We offer two options to landlords ‘Find A Tenant Only’ and ‘Full Management’. For both services we will conduct all the viewings 7days a week, advertise in the local press, all over the internet - which includes Rightmove.co.uk, homesonview.co.uk and our own website, display in our showroom and a To Let board will be organised.

When we find a suitable tenant/s (who ideally will be professionals) we take an extensive series of references which include Employers, Previous/current Landlords, Driving license/Passport, last 3 months bank statements, character References.

If we are satisfied that the references are acceptable and we are all happy with the tenant we will draw up an Assured Shorthold Tenancy Agreement for a minimum period of 6 months - which the tenant will sign (this will include a section 21). We will then collect one months rent as deposit (which now has to be protected with the Deposit Protection Scheme which we organise at a fee to you of £50) and the first months rent upfront. Should the tenant wish to continue living in the property after the 6 month initial period the agreement will just carry on – on a month to month basis.

When the Tenant gives their 1 month notice to vacate we will notify you and expect that we should re-advertise it again with immediate effect. If we are NOT managing the property, no doubt you will advise us when the tenant is leaving. Should you wish your tenant to vacate for any reason you have to give them 2 months notice.

We will notify the council tax office, water company, gas and electricity of the change of occupier – therefore you will have to advise us which providers are used.

If the property has gas connected a ‘Landlords Gas Safety Certificate’ is required – we can arrange this on your behalf, the cost being approx £55 for this certificate which lasts 12 months. In some cases an electrical certificate is required too – which also lasts 12 months and the cost is approx £55 plus v.a.t too.

All properties advertised require an Energy Performance Certificate (EPC), which advises a prospective tenant roughly how energy efficient the property is, we can arrange this certificate at a cost of approximately £60 which lasts 10 years.

If we are only ‘Finding A Tenant’ for you, we then pass the tenant over to you and any queries they may have will be arranged directly. Where as if we are ‘Managing’ the property any queries or problems with the property will be dealt with by our dedicated rental department who will arrange quotes for works through our highly competitive contractors list (unless you have specified your own workmen) and deal with everything on your behalf.

We will carry out regular checks on the property to ensure that the tenants are looking after the property.

On the day that we receive your rent we will endeavour to transfer it to your bank account and send a statement out to you – including any receipts for work that may have been carried out

The fee structures obviously differ depending on which service you would require. Our agent will discuss these figures with you during your valuation. Both options are offered on the basis of ‘NO RENT NO FEE’ meaning you pay absolutely nothing unless we find a tenant for you.