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PRS / Build to Rent

 

With Build to Rent quickly becoming the way forward for institutional investors and more than 10 million people living in privately rented accommodation, now is the time to ensure you have a legal services provider on hand to assist with any AST matters. Our PRS department offers a comprehensive service for the Build to Rent/PRS sector, our aim is to provide solutions and guidance to our clients.

SLC recognises the very specific challenges presented by the institutional PRS and have tailored our legal services to support clients at both a consultancy and operational level. SLC’s PRS Arrears Recovery Model maximises gross rental income with an innovative and cost efficient high yield platform.

Providing solutions

A crucial component of ensuring a strong, financial performance is to manage voids and bad debts. Our model provides solutions for arrears management and recovery of sums that have previously been written off by other suppliers or in some cases haven’t had recovery attempted.

Our in-house reporting allows up to date information for investors, monitoring performance and accounting systems, alongside any potential legal fees, including serving Notices and attendance of Court.

SLC Solicitors provide robust processes for meeting all legal requirements including document and tenancy preparation, checking and execution. We identify your brand values from the outset and create service processes that match your ethics and values, allowing us to easily manage your customer’s expectations and minimising any reputational risk.

See PRS Services for a comprehensive overview of services

Freeholders & Developers

Our aim is to help manage, provide additional income streams and protect assets through:

  • Rapid recovery of 100% of rent arrears
  • Creating and maximising income streams for late payment interest and administration charges
  • Providing added value through free legal advice
  • PRS current arrears and eviction service
  • PRS aged rent arrears (former tenant arrears)
  • Trace and Collect Service
  • Obtaining Possession Orders

Managing Agents

Our aim is to help protect service delivery through:

  • Rapid recovery of 100% of rent arrears
  • Creating and maximising income streams for late payment interest and administration charges
  • Full reporting on every case instructed on a periodical basis
  • Drafting of the tenancy agreement
  • Data Protection and Deposit Scheme guidance
  • Lease administration
  • Tenant management

Social Housing Providers

With our specialist knowledge of the strict regulatory framework within which SHP’s must operate, we are;

  • Transparent, with up front legal costs
  • Accountable, with full reporting on all proceedings and online case access for clients

 

For more information please contact us here or contact Faye Craggs on 0333 0 300 200 or email at fc@slcsolicitors.com

Faye Craggs
Head of PRS/Solicitor
  • Phone: 01743 260126
  • Email: fc@slcsolicitors.com
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