- Do you find tenants?
- We manage, we do not let. When your property is empty we appoint one of the best letting agents in your area to find the tenant. Their fee is agreed with you in writing before anything starts, and Caso adds nothing to it. We brief the agent, approve the marketing, check every applicant's referencing, handle the move-in and protect the deposit. You deal with one company throughout.
- Do city-centre apartment blocks cost more to manage?
- Some agents add fees for liaising with a block's managing agent. Ask whether this is included in the management percentage.
- Is VAT always included in the quoted management fee?
- Not always. Confirm whether the figure you are given is VAT-inclusive before comparing agents.
- Does Caso charge extra for properties in managed developments?
- No. Caso's fees are 5% or 8% of rent plus VAT with no additional charges for liaising with block management. 8% of rent + VAT, capped at £150 a month including VAT. Rent guarantee is optional on Complete and included on Non Resident, arranged through HomeLet at cost with nothing added by Caso: 2% of rent plus 12% Insurance Premium Tax, so £22.40 a month on £1,000 rent, with no excess. Covers unpaid rent monthly in arrears up to the limit on the policy schedule, and legal costs for possession up to £100,000. A 60-day no-claims period applies where cover starts on a tenancy that already exists. Price fixed for Caso's first 12 months with HomeLet. Illustrative: the exact premium is confirmed when the tenant passes referencing.
- Are there exit fees with Caso?
- No. Caso has no setup, renewal or exit fees.
- How fast is rent paid out?
- Rent is paid to you within 3 working days of the tenant paying.
- What do letting agents in Manchester charge for full management?
- 12% to 15% inc VAT, depending on the office and rent protection included.
- Do I need a licence to let in Manchester?
- Selective licensing applies in designated Manchester City Council areas, not citywide. Full fees are £798 for the 2022 areas, £936 for the 2023 areas and £964 for the 2025 areas. Mandatory HMO licensing applies citywide. Check your address; Caso applies where needed.