To define the rent setting attributes of an asset

The procedure to define the rent setting attributes of an asset is as follows:

1. Using the global search facility, type in the first few characters of the asset address 1.
2. Double-click on the row containing the exact record match. Where the expected record is not listed, a more advanced search can be conducted using the spy-glass icon ().
3. Click on Asset Details. The Asset Details window is displayed for the current asset.
4. Click on Rent Details. The Asset Rent Details window is displayed, revealing the Asset Type (e.g. House, Flat, Communal Area, etc.), Classification Type (e.g. Dwelling, Shared Facility, Administration Unit, etc.) and Number of Bedrooms (an integer value) defined for the asset.
5. Using the Local Authority drop-down field, select the appropriate parameter value to reflect the governance of the asset.
6. Using the County drop-down field, select the appropriate parameter value to reflect the geographical location of the asset.
7. Enter the Base 1999 Valuation of the asset into the field provided i.e. the estimated value of the property arising from the English House Condition Survey.
8. Select the Void Charging Rule applicable to the asset using the drop-down field provided 2.
9. Using the Charge Type & Frequency drop-down field, select the combination of parameter values appropriate for the asset e.g. Protected Weekly, Assured Monthly, Market Daily, etc. 2.
10. Click on Save.

Note

1 The search facility will return all possible matches for any corresponding address field once the Number of characters before an automatic search commences system preference is reached.

2 At least one charge must be recorded against the asset before a parameter value is available for selection.

See related topics...

Rents setting management overview

To define supplementary rent setting factors for an asset

To create a new rent charge for an asset

Using the search facility