Leaders in Property Management
Choose Burrows Estates
Property Management
Burrows Estates are extremely hands on with our managed properties and we have an experienced Property Management Team to look after your property.
Often landlords believe that the hard work is done when you let a property, but the reality is, it’s just the beginning. Properties need to be managed well so that you can enjoy the financial benefits. You need to ensure that rents are received, that your property is maintained, that regular checks are carried out and that your tenants are satisfied.
We understand that reliable and reasonable property management services are extremely important to you as the owner of the property. Property management may be a broad responsibility, from physical maintenance and construction facilities to guidance and value-added on lease agreements. We acknowledge the importance of experienced, reliable service and value for money.
We offer a comprehensive management service, removing the need for communication between the landlord and the tenant in the rental agreement.
The Management Service shall ensure that the tenancy is monitored for the term of the lease agreement. With frequent inspections and close attention paid to tenants and land, any problems that occur will be resolved quickly.
If the tenants are already in place, we will arrange to meet the tenants and view the property. We would then ensure that the required paperwork is in place or put in place on behalf of the landlord. A standing order will then be established to collect the rent.
Why Choose Us?
Our Management Services Includes:
Collection and monitoring of monthly rents
Rents will be transferred to you within 24 hours of receiving them during the working week and where they are received on a weekend, they will be transferred on the next working day.
Prompt rent transfer to the client’s account
Less any disbursements for repairs in that period. A quarterly statement is sent detailing all income and expenditure for that period. This can then be used for information required for your tax return. All fees and expenses incurred in the letting, management and running of an investment property are tax deductible.
Rent Defaults
In cases where there is a default in the payment of rent, procedures for recovery of all arrears are implemented immediately in accordance with Residential Tenancies Act 2004
Property Inspections
We carry out regular inspections of the property – the first of these will be carried out after the first month of occupation. At this point it will be determined how frequently inspections are carried out with a minimum of a further two in any 12 month period. Where the property is already occupied at the time of instruction, a full inspection would be carried out initially. Regular inspections would then be carried out throughout the remainder of the tenancy
Quarterly Statements
Quarterly Statements of account will be issued to the landlord detailing rental income and expenditure for that period. Emails can be sent confirming individual monthly transfers if required. Statements are generally sent by email unless otherwise instructed.
Maintenance and Repairs
All maintenance and repairs required will be the organised through this agency on the landlord’s behalf. Where repairs exceed one month’s rent, we will require the cost to be paid up front.
Any Transfers Of Tenants
Any transfers of tenants during the term of the lease will be thoroughly checked and the lease amended accordingly. There is a flat fee of €90 for this and will be charged to the tenant in the case where they are breaking a fixed term lease.
Gas Servicing
Where gas appliances are installed in properties, an annual service of the boiler/ appliance will be arranged. This is in accordance with tenancy regulation and annual safety certificates are held on file for the owner. These generally happen in October/ November of each year. The cost varies depending on external charges but we have been able to negotiate excellent rates for the past number of years due to bulk.
Regular Contact
Regular contact is maintained with the tenants to ensure that all aspects of the lease are adhered to
Annual Income and Expenditure Schedules
Annual Income and Expenditure Schedules can be prepared for tax returns on request at a charge of €40 per property.
Management Fee
Management Fee: 6% of Monthly Rental + VAT @ 23%