What Does Fully Managed Lettings Mean? A Guide for Landlords in Cardiff, Newport & South Wales

What Is Included in a Fully Managed Lettings Service?

A fully managed lettings service covers all the essential tasks involved in renting out a property. Here’s what landlords in Cardiff, Newport, and South Wales can expect:

1. Marketing Your Property

• Your property is advertised across multiple platforms to attract quality tenants.

• Listings highlight key features for prospective tenants in Cardiff, Newport, and surrounding South Wales areas.

2. Tenant Vetting

• Thorough background checks to ensure tenants are reliable and financially stable.

• Referencing includes credit checks, employment verification, and previous landlord references.

3. Rent Collection & Tenancy Agreements

• The agent handles occupation contracts and collects rent on your behalf.

• They manage arrears if tenants fall behind, saving landlords stress and time.

4. Maintenance and Repairs

• Organising and overseeing property maintenance and repairs through trusted contractors.

• Ensures your property stays in excellent condition for tenants.

5. Legal Compliance

• Ensures your property complies with UK rental laws, including gas and electrical safety checks.

• Manages tenancy agreements, deposit protection, and required legal documentation.

6. Routine Inspections

• Regular inspections to monitor tenant care and property condition.

• Provides landlords with detailed reports after each visit.

7. Handling Tenant Issues

• Acts as the main point of contact for tenants, resolving issues promptly.

• Saves landlords the stress of day-to-day tenant management.

---

Benefits of Fully Managed Lettings for Landlords

Opting for a fully managed lettings service from a trusted agent in Cardiff, Newport, or South Wales offers several advantages:

• Time-Saving: No need to manage tenant communications or emergencies.

• Expertise: Agents understand legal requirements, market trends, and tenancy regulations.

• Hassle-Free: The agent handles rent collection, maintenance, and tenant queries.

• Peace of Mind: Professional oversight ensures your property is cared for—even if you live far away.

• Tenant Retention: Happier tenants who are well-managed are more likely to stay long-term.

---

Who Should Choose a Fully Managed Service?

Fully managed lettings are ideal for landlords who:

• Live far from their rental property.

• Own multiple properties and have limited time to manage them.

• Prefer a hands-off approach to landlord responsibilities.

• Want professional guidance to ensure their property is compliant with UK laws.

Whether you have a property to let in Cardiff or Newport, or elsewhere in South Wales, a fully managed service can provide stress-free property management.

---

How Much Does a Fully Managed Service Cost?

Fully managed lettings services typically cost 10–15% of the monthly rent. While this is an additional expense, most landlords find the convenience and professional support well worth the cost.

For a detailed breakdown of our fees and services in Cardiff, Newport, and South Wales, contact Redkey today on 01633 387970.

---

Why Choose Fortis for Fully Managed Lettings?

At Redkey, we specialise in fully managed lettings services across Cardiff, Newport, and South Wales. Our experienced team:

• Provides personalised support at every stage.

• Ensures legal compliance and protects your property investment.

• Communicates clearly with landlords and tenants alike.

• Makes letting a property simple, stress-free, and hassle-free.

---

Ready to Let Your Property in Cardiff, Newport, or South Wales?

Take the stress out of renting. Let Redkey manage your property from start to finish.

📞 Call us: 01633 387970
📧 Email us: hello@redkeylets.co.uk

---

FAQs About Fully Managed Lettings

1. What’s the difference between fully managed and let-only services?

• Fully managed services handle everything from tenant sourcing to maintenance, while let-only services typically stop at finding tenants and signing tenancy agreements.

2. Can I switch to a fully managed service if my property is already let?

• Yes! Speak with Fortis to transition your property to fully managed services.

3. What happens if a tenant stops paying rent?

• Your letting agent handles arrears management, including communication and legal action if required.

4. Are fully managed services suitable for new landlords?

• Absolutely! Professional guidance makes letting property simple for first-time landlords.

5. How do I know my property is being looked after?

• Regular inspections and detailed reports keep you fully informed about your property’s condition.