FEES TO LANDLORDS

TENANT FIND: 12% (inc VAT)

  • Collect and remit initial month’s rent and security deposit
  • Provide tenant with method of payment
  • Deduct any pre-tenancy invoices

RENT COLLECTION: 9.6% (inc VAT)

  • Collection and remit initial month’s rent received
  • Agree collection of any shortfall and payment method
  • Provide tenant with method of payment
  • Deduct and pre-tenancy invoices
  • Pursue non-payment of rent and provide advice on rent arrears actions
  • Hold keys throughout the tenancy term

FULLY MANAGED: 12% (inc VAT)

  • Collection and remit initial month’s rent received
  • Agree collection of any shortfall and payment method
  • Pursue non-payment of rent and provide advice on rent arrears actions
  • Advise all relevant utility providers of changes
  • Undertake two inspections visits per annum and notify landlord of the outcome
  • Arrange routine repairs and instruct approved contractors
  • Conduct final checkout inspection at end of tenancy
  • Hold keys throughout the tenancy term

Set-up Fee (Landlords Share) £78% of Monthly Rental Price (inc VAT)

  • 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 websites
  • Erect board outside property in accordance with Town and Country Planning Act 1990
  • Advise on non-resident tax status and HMRC (if relevant)

ADDITIONAL OPTIONAL FEES AND CHARGES (IRRESPECTIVE OF LEVEL OF SERVICE):

Deposit Registration Fee:

£30 (inc VAT)

Register landlord and tenant details and protect the security deposit with a Government authorised Scheme. Provide the tenant(s) with the Deposit Certificate and Prescribed Information within 30 days of start of tenancy.

Renewal Fees:

£65.00 (inc VAT) per tenancy.

Contract negotiation, amending and updating terms and arranging for the signing of a further tenancy agreement.

Rent Review Fees:

£45.00 (inc VAT) per tenancy.

Review rent in accordance with current prevailing market conditions and advise the landlord, negotiate with the tenant(s), direct tenant(s) to make payment change as appropriate, update the tenancy agreement and serve a Section 13 Notice if the tenancy is on a periodic basis.

Additional Property Visits:

£45.00 (inc VAT) per visit.

Should the landlord request property visits in addition to those within their existing Terms of Business, this covers the costs of attending the property.

Obtaining more than 2 contractor quotes

£30 (inc VAT)

Statutory Declaration Fee:

£55 (inc VAT)

END OF TENANCY FEES:

Check-out Fees:

£55.00 (inc VAT) per tenancy.

Attending the property to undertake an updated Schedule of Condition based on the original inventory and negotiating the repayment of the security deposit.

Tenancy Dispute Fee:

£55.00 (inc VAT) per tenancy.

The costs associated with the preparation of all evidence and submitting the case to the tenancy deposit scheme as well as dealing with all correspondence relating to the dispute. This only applies where the agent has protected the deposit.

Fees for the service of Legal Notices (Section 8 or Section 21): £60.00 (inc VAT) per Notice.

Court Attendance Fees: £25.00 (inc VAT) per hour.