Our Services
Let Only Fee:
Varosi charge a 5% let only fee taken out of the contract in advance for finding tenants which includes the following services
- Marketing of the property
- Property Rental Valuation and market advice
- Securing New Clients for your property
- Full Reference Checks carried out by FCC Paragon an outsourced referencing company
- AST Tenancy Agreements & Tenancy Documents
- Moving the clients into the property
The contracts are signed as an Assured Shorthold Tenancy and once the clients have moved into the accommodation the management and maintenance of the property will be the responsibility of the landlord unless Varosi are instructed as managing agents.
Full Management Service:
Varosi also offers a full management service at an 8% fee taken out of the rent each month and a one off 3% finder’s fee taken in advance. The service includes all from our let only service plus the following:
- Collection of the rent each month
- Quarterly property inspections
- Out of hours emergency numbers
- Point of contact for any problems
- Registering the clients’ names with all utility providers
- Contract renewals and to handle any notices if needed
- Re advertising the property when the current tenants wish to leave
- All deposits will be protected within our deposit protected account using the deposit protection service (DPS) www.depositprotection.com
- Marketing of the property
- Finding Tenants
- Full Reference Checks carried out by FCC Paragon an outsourced referencing company
- Moving the clients into the property
Let & Rent Collection:
We will charge a 7% fee out of the contract payable in advance which includes all of the Let Only Service and additional collection of the rent on a monthly basis forward to the landlord via Bank Transfer each month along with the rental statements.
Individual Check Out Fee: (Client not housed by Varosi)
If you have tenants in a property and may require a check out service only we can offer our services at a set fee of £150.00 which will include the following:
- Completion of a standard check out form signed and dated by all parties
- Detailed report will be taken of the property including dated pictures for evidence
- Meter readings and the clients forwarding details will be taken
- Collection of the keys
We also ask if the landlord can provide a copy of the original inventory taken at the start of the tenancy before the checkout report is carried out.
Inventory Reports:
Inventory reports are available for both our let only & our full management services with the charge for the inventory separate and the price depending on the size of the property.
General Additional Fees:
- Gas Certificate: £85.00 Valid For 1 Year
- Electrical Certificate: £140.00 Valid For 3 Years
- Energy Performance Certificate: £65.00 Valid For 10 Years
If you need any further information or would like to discuss our services and fees then please contact the office.
Sales Services & Charges
Varosi is leading the way with property sales not only in our local surrounding areas but throughout North & East London.
Varosi Estates Ltd have a large selection of investors and other prospective clients ready to purchase properties throughout the London areas, as we also manage over 400 properties throughout north and east London and we have a large list of landlords always looking to increase there property portfolios separate to general investors we have on our books.
Varosi Estates charge a 1.0% Sole agency fee and a 1.5% Multiple Agency fee to sell a property. Although subject to contract, the usual duration of the seller’s instructions is three months and the termination takes effect immediately on the expiry of the contract. After two months the seller has the right to terminate the contract/instructions without a financial penalty by giving us two week’s notice, all charges are subject to contract and If the vendor is not happy with a 3 month sole agency period than other terms can be negotiated.
Advertising plays a key role to a successful agency and as such Varosi spares no expense towards this type of promotion and we use all major internet portals, local papers, magazines and are constantly looking to increase or marketing campaign to promote our properties to a larger viewing market.
If you are interested in Varosi Estate’s marketing your property, please contact our friendly and experienced sales team and we can carry out a free market appraisal on your property.
Varosi Estates Ltd can offer a unique guaranteed rent and full management service without any commission charged to our landlords.
Varosi can offer this special service at a 0% commission rate as we work with the local councils’ temporary accommodation teams throughout the North and East London areas and are constantly supplied with clients.
The agreement is directly between Varosi and the landlord of the property, the contract is for a fixed term of between 12 to 36 months depending on the landlord’s requirements and the contracts will renew themselves automatically each year unless the landlord serves notice which Varosi will require 3 months written notice for the property to be handed back at the end of the fixed term only prior to the renewal date.
From the day the accommodation is tenanted Varosi will pay our landlords 1 month in advance rent and there on every month, the rent is BACS directly into the landlord’s account each month.
Varosi Estates will manage your property including general monthly inspections, we have an experienced maintenance team to handle all repairs and we also offer out of office emergency numbers in case of any out of hour problems.
Varosi have gained contracts to supply temporary accommodation for the following local councils: Haringey, Enfield, Brent, Barnet, Hackney, Islington, Hackney, Kensington & Chelsea, Redbridge and Waltham Forest with Varosi Estates now expanding into the South London Boroughs.
We can arrange a viewing of your property anytime during the hours of 9.00am and 6.30pm Monday to Friday and on Saturdays between 10.00am and 4.00pm. We will carry out a full rental report on the property and we will inform you of any works required and the rent you can achieve.
If you require any further information or have any inquiries please do not hesitate to contact us.
Private Rentals
Varosi charge a 5% let only fee taken in advance out of the contract for finding tenants only which includes obtaining work references as well as bank statements, previous landlord references and photo ID with our references carried out by FCC Paragon referencing company. Contracts are also drafted by our agency and are normally for a minimum of 6 to 12 months accompanied by an inventory report also drafting by Varosi.
The contracts are signed as an Assured Shorthold Tenancy and once the clients have moved into the accommodation the management and maintenance of the property will be the responsibility of the landlord unless you would like Varosi to manage your property. In accordance with the NAEA rule 1 (1) all deposits received by us should be deposited in statutory client’s accounts. These client’s accounts are not available for the ordinary trading purpose of the firm, in accordance with the NAEA regulations.
Varosi also offers a full management service at a 8% fee taken out of the rent each month with a £500.00 finder’s fee taken in advance. The service includes the above let only service with:
Collection of the rent each month
Quarterly property inspections
Out of hours emergency numbers
Point of contact for any problems
Registering the clients names with all utility providers
Contract renewals and to handle any notices if needed
Re advertising the property when the current tenants wish to leave
All deposits will be protected within our deposit protected account (DPS)
Varosi Estates manages over 400 properties throughout North & East London with over 20 years experience and If you would like Varosi to view your property to carry out a free rental valuation or if you have any further inquiries the please do not hesitate to contact the office.
Sales information
Varosi is leading the way with property sales not only in our local surrounding areas but throughout North & East London.
Varosi have a large selection of investors and other prospective clients ready to purchase properties throughout the London areas, as we also manage over 400 properties throughout north and east London and we have a large list of landlords always looking to increase there property portfolios separate to general investors we have on our books.
Varosi charges a 1.0% Sole agency fee and a 1.5% Multiple Agency fee to sell a property. Although subject to contract, the usual duration of the seller’s instructions is three months and the termination takes effect immediately on the expiry of the contract. After two months the seller has the right to terminate the contract/instructions without a financial penalty by giving us two week’s notice, all charges are subject to contract and If the vendor is not happy with a 3 month sole agency period than other terms can be negotiated.
In relation to sole agency we need to draw the attention of all our prospective client sellers that there may be a dual fee liability when the seller has previously instructed another agent to sell the same property on a sole agency basis and other related instructions exactly as the 2006 OFT code of practice for residential Estate Agents states.
In relation to money laundering regulations (2007) sellers are asked to provide the agency with a copy of their ID such as a passport or driving license and two copies of current utilities bills before any agreements are signed. In accordance with these regulations these details are kept for five years and a money laundering reporting officer is also appointed by this agency.
Advertising plays a key role to a successful agency and as such Varosi spares no expense towards this type of promotion and we use all major internet portals, local papers, magazines and are constantly looking to increase or marketing campaign to promote our properties to a larger viewing market.
If you are interested in Varosi Estate’s marketing your property, please contact our friendly and experienced sales team and we can carry out a free market appraisal on your property.
