Landlord fees
Introduction Only:
Set up Fee
· Agree the market rent and find a tenant in accordance with the landlord · Advise on refurbishment · Provide guidance on compliance with statutory provisions and letting consents · Carry out accompanied viewings (as appropriate ) · Market the property and advertise on relevant portals · Erect board outside property in accordance with Town and Country Planning · Advise on non-resident tax status and HMRC (if relevant) |
2.5 weeks inc vat |
Lettings Service:
Set up Fee
· Agree the market rent and find a tenant in accordance with the landlord guidelines; · Advise on refurbishment · Provide guidance on compliance with statutory provisions and letting consents · Carry out accompanied viewings (as appropriate ) · Market the property and advertise on relevant portals · Erect board outside property in accordance with Town and Country Planning · Advise on non-resident tax status and HMRC (if relevant) · Rental insurance policy |
3 weeks inc vat |
Rent Collection:
Set up Fee
· Agree the market rent and find a tenant in accordance with the landlord · Advise on refurbishment · Provide guidance on compliance with statutory provisions and letting consents · Carry out accompanied viewings (as appropriate ) · Market the property and advertise on relevant portals · Erect board outside property in accordance with Town and Country Planning · Advise on non-resident tax status and HMRC (if relevant) · Rental insurance policy |
3 weeks inc vat |
Monthly Rent Collection Fee | 7.2% (6% + vat) |
Comprehensive Management:
Set up Fee
· Agree the market rent and find a tenant in accordance with the landlord · Advise on refurbishment · Provide guidance on compliance with statutory provisions and letting · Carry out accompanied viewings (as appropriate ) · Market the property and advertise on relevant portals · Erect board outside property in accordance with Town and Country Planning · Advise on non-resident tax status and HMRC (if relevant) · Rental insurance policy (nil excess) |
3 weeks inc vat |
Monthly Management Fee | 13.2% (12% + vat) |
Deposit Registration Fee | Included |
Additional Property Visits
To attend for specific requests such as neighbour disputes; more visits are required to monitor the tenancy; or any maintenance-linked visit |
Included |
Additional Property Inspection via Third Party | £162 inc vat |
Arrangement Fee for works over £500 | 16.2% (15% + vat) |
Other Landlord Charges
Tenancy Renewal Fee | 2 weeks inc vat |
Gas Safety Certificate | £72 inc vat |
Energy Performance Certificate
|
£108 inc vat |
Portable Appliance Test | £60 inc vat |
NIC Test | £156 inc vat |
Smoke Alarm | £54 inc vat |
Carbon Monoxide Alarm | £66 inc vat |
Section 8 / 21 (for Rent Collection Only) | £108 inc vat |
HMRC Tax Return for Non-resident Landlord (for Rent Collection & Management Only) | £162 inc vat (Quarterly) |
Court Appearance (for Rent Collection & Management Only) | £420 inc vat |
Check Out Fee | £180 inc vat |
Tenant fees
Prior Move In
Administration Fee
Referencing up to 2 tenants as well as contract negotiation and arranging the tenancy and agreement (Non-housing act tenancies only) |
£600 inc vat |
Additional Tenant Fee
Processing the application, associated paperwork and referencing (Non-housing act tenancies only) |
£108 inc vat |
Guarantor Fee
Covering credit referencing and preparing a Deed of Guarantee (Non-housing act tenancies only) |
£120 inc vat |
Permitted Occupier Fee
Explaining to any permitted occupier their rights and responsibilities towards the named tenant(s) and landlord as well as the provision of documentary guidance and assistance during the tenancy (Non-housing act tenancies only) |
£60 inc vat |
During Tenancy
Amendment Fee
Contract negotiation, amending terms and updating your tenancy agreement during your tenancy |
£50 inc vat per agreed variation |
Tenancy Renewal Fee
Tenant checks, contract negotiation, amending and updating terms and arranging a further tenancy and agreements (Non-housing act tenancies only). |
£120 inc vat |
Early termination at Tenant’s request
Should the tenant request to terminate their tenancy agreement early, The payment cannot exceed the loss suffered by the landlord or reasonable costs incurred by the letting agent. |
The charge is TBC at point of surrender |
End of Tenancy
Check Out Fee
Third party company attending the property to undertake an updated schedule of Condition based on the original inventory and negotiating the repayment of the security (Non-housing act tenancies only) |
£180 inc vat |
Future Landlord Reference Fee
Collating information and preparing a reference for a future landlord or letting agent . |
£108 inc vat |
Other Fees & Charges
Lost Security Items
Obtaining necessary permissions, sourcing providers and travel costs |
£108 inc vat |
Out of Hours Service
Where actions of the tenant results in the agent / contractor attending the property, time to remedy the situation is charged at the hourly rate |
£108 inc vat |