Our student property management service is available to high quality St Andrews properties at 8% + VAT commission with built in void protection. We are able to provide this competitive pricing as we already have property management and maintenance teams with boots on the ground. A one-off setup fee of £150 + VAT per lease covers all marketing, viewings, referencing, lease preparation and safety assessments. The best thing is when you first start using us as your student letting agency you get 3 months commission free! Read on to find out more.
When you sign your student property over to us, not only will you receive the same attentive, quality service, you will receive your first 3 months entirely commission-free.
Please note this can only be used once per property or person, and the marketing fee of £150+VAT is still charged.
We focus on providing you with a hassle-fee property management service, tailored to your individual requirements. Read on to discover the benefits of using St Andrews Property Co as your student letting agency.
By utilising our holiday let management service over the summer period, when the students have likely vacated, you can maximise year round earnings. In general, holiday let property landlords earn 50% more annually than traditional student let landlords, so this efficient hybrid product is the best of both worlds.
As we are the largest provider of holiday let accommodation in St Andrews, we are able to convert your property to a holiday let property quickly and efficiently should you find yourself with an unexpected void period during the year. Please note however that this is not a rent guarantee or insurance product.
We are plugged into the world class letting portal provided by SME Professional, which allows you as a landlord to log in and view financial statements, any receipts, access to all your compliance documents and condition reports.
Our established student property management team combine to conduct a thorough quarterly inspection using our software. We are always here to advise your tenants about best practices when it comes to looking after your property. We have a strong working relationship with several contractors around St Andrews and can usually rectify most issues the same day.
As we provide our landlords with the option to switch to holiday lets as part of the annual rental strategy, the property in question must meet a minimum quality standard. This is assessed on a property by property basis and a number of factors will be considered.
We are very careful when it comes to vetting prospective tenants. We conduct thorough tenant and guarantor interviews in our office meeting room, and check all references. When we have jointly decided on the best tenant for your property, we will handle all the lease agreements, key handover and aid them with setting up their utilities etc. We believe it’s in the best interest of all parties to have a good working relationship.
We always take professional photos to holiday let standard, which allows prospective tenants and their families to get a “feel” for the property. We market our properties on our state of the art window display in St Andrews, as well as via Facebook, the University placement service and our own email lists.
We conduct a thorough condition report annually to identify any urgent safety or maintenance issues. You receive a copy of the report alongside our recommendations to keep your property in tip top condition.
We have lots of refurbishment project management experience. Please contact us to discuss your requirements.
Yes, no problem. You will still be required to register with Fife Council and if you spend more than six months of the tax year living overseas you must join the Non-Resident Landlord Scheme. It’s not optional and triggers registration with HMRC. More information can be found here.
A Private Residential Tenancy (PRT) is a legal agreement between a landlord and a tenant (or tenants). It refers to a separate letting dwelling (which can include multiple occupants within the dwelling) in which the tenant resides there as the primary residence. It gives the tenant added protections including an open end date and protection from unfair rent increases. See the Scottish Government’s guide for landlords here.
Quite simply we want to welcome new student let landlords to work with us and our fresh approach. So as a signing on bonus as such, all new student let landlords and/or properties will receive the first 3 months entirely commission-free.
*A one-off setup fee of £150 + VAT per lease covers all marketing, viewings, referencing, lease preparation and safety assessments.
We conduct all photography, a 360 virtual tour, floorplans, a drafted advert and publish the marketing. We then conduct tenant viewings, interviews, production of the lease agreement and collection of the deposit. It also includes our inventory and tenant check in.
You will receive the following services with our monthly student property management commission:
Rents are collected monthly in advance and we offer tenants several ways to pay, including by automatic direct debit.
As students tend to have no or very little credit history and limited referees, it’s important that we have an added layer of protection for your property. We will conduct a phone interview with all proffered guarantors and ensure they understand they will be liable for any rent arrears incurred by the tenant(s).
Rents are disbursed within 7-14 days of the end of the preceding rental month.
We use our inventory software to record an accurate inventory at the beginning and end of each tenancy. Similarly we use our software to detail all inspections and present them to the landlord in the landlord portal.
The landlord portal allows you as a landlord to view your student letting property statement, any rental income, any arrears, certificates and inspection reports.
Student lettings in St Andrews are unique in that a large number of students who don’t ordinarily live in St Andrews outside of term time reside there for the academic year, but generally depart after exams in the summer.
St Andrews in the summer is a mecca for tourism, and as such there is a full bench swap leading into the summer. The hybrid product with holiday letting, we offer allows you as a landlord to take advantage of both elements of the yearly trend.
Yes. Holiday makers demand a decent property in good condition and with decent furnishings when they are visiting St Andrews. As such, any properties we are switching to holiday lets must be of a minimum standard and furnished. Find out how to decorate your holiday let property.
Because we can offer landlords the option to switch to holiday lets, this provides the landlord an opportunity to reduce any void periods. Please note that this is not a rent guarantee or an insurance product.
We market our student let properties on our state of the art window display in St Andrews, as well as via Facebook, the University placement service and our own email lists.
Yes, all student tenants are interviewed personally in our office meeting room.
We will lightly inspect all surfaces, all appliances, all fixtures and furniture, check the safety apparatus and test the smoke alarms.
This is an in depth and detailed student lets inspection to identify where improvements are required. This is generally conducted when the tenant has vacated. Discover some student let refurbishment ideas we might consider.
Get in touch with us today to arrange a free consultation at our St Andrews office or at your property. You can call us, complete the enquiry form below, or email us at email@example.com and we’ll be delighted to help.
We are fully accredited and licensed to carry out letting activities by the Scottish Government and our registration number is LARN2110002. Additionally we are members of SafeAgents, the Council of Letting Agents (CLA), Landlord Accreditation Scotland (LAS), SafeDeposits Scotland and the Property Redress Scheme. All funds are collected into a dedicated client bank account and we are part of the Safeagent Client Money Protection (CMP) Scheme. You can view our certificate at the foot of the page.