Landlords Fees
Please see below our fee structure. If you have a specific service that you require then we will be pleased to discuss this with you in greater detail.
TENANT FIND ONLY: 12% OF RENT (inc VAT)
RENT COLLECTION: 15% OF RENT (inc VAT)
FULLY MANAGED: 15% OF RENT (inc VAT)
ADDITIONAL NON-OPTIONAL FEES AND CHARGES (IRRESPECTIVE OF LEVEL OF SERVICE):
SET UP FEE £120.00 (inc VAT)
INVENTORY FEE (LANDLORDS SHARE)
Dependent on the number of bedrooms and/or size of the property and outbuildings
DEPOSIT REGISTRATION FEE: £30.00 (inc VAT)
ADDITIONAL PROPERTY VISITS: £30.00 (inc VAT)
SUBMISSION OF NON-RESIDENT LANDLORDS RECEIPTS TO HMRC £30.00 (inc VAT) quarterly
ARRANGEMENT FEE FOR REFURBISHMENTS OVER £1,000 10% of net cost
RENEWAL FEE (LANDLORDS SHARE) £75.00 (inc VAT)
CHECKOUT FEE (LANDLORDS SHARE) £100.00 (inc VAT)
COURT ATTENDANCE £100.00 (inc VAT) per hour
TENANT FIND ONLY: 12% OF RENT (inc VAT)
- Market the property
- Accompany viewings
- Take up references
- Prepare tenancy agreement
- Collect and remit initial rent received
- Agree collection of any shortfall and payment method
- Provide tenant with method of payment
- Deduct any pre-tenancy invoices
- Make any HMRC deduction and provide tenant with the NRL8 (if relevant)
RENT COLLECTION: 15% OF RENT (inc VAT)
- Market the property
- Accompany viewings
- Take up references
- Prepare tenancy agreement
- Collect and remit rent received
- Agree collection of any shortfall and payment method
- Pursue non-payment of rent and provide advice on rent arrears actions
- Make any HMRC deduction and provide tenant with the NRL8 (if relevant)
FULLY MANAGED: 15% OF RENT (inc VAT)
- Market the property
- Accompany viewings
- Take up references
- Prepare tenancy agreement
- Collect and remit the rent received
- Pursue non-payment of rent and provide advice on rent arrears actions
- Deduct commission and other works
- Advise all relevant utility providers of changes
- Undertake quarterly visits per annum and notify landlord of the outcome
- Arrange routine repairs and instruct approved contractors (providing two quotes)
- Hold keys throughout the tenancy term
- Make any HMRC deduction and provide tenant with the NRL8 (if relevant)
ADDITIONAL NON-OPTIONAL FEES AND CHARGES (IRRESPECTIVE OF LEVEL OF SERVICE):
SET UP FEE £120.00 (inc VAT)
- Agree the market rent and find a tenant in accordance with the landlord guidelines;
- Advise on refurbishment or works required
- Provide guidance on compliance with statutory provisions and letting consents
- Carry out accompanied viewings (as appropriate)
- Market the property and advertise on relevant portals
- Advise on non-resident tax status and HMRC (if relevant)
INVENTORY FEE (LANDLORDS SHARE)
Dependent on the number of bedrooms and/or size of the property and outbuildings
DEPOSIT REGISTRATION FEE: £30.00 (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
ADDITIONAL PROPERTY VISITS: £30.00 (inc VAT)
- To attend for specific requests such as neighbour disputes; monitoring the tenancy; or any maintenance-linked visit
SUBMISSION OF NON-RESIDENT LANDLORDS RECEIPTS TO HMRC £30.00 (inc VAT) quarterly
- To remit and balance the financial return to HMRC quarterly – and respond to any specific query relating to the return from the landlord or HMRC
ARRANGEMENT FEE FOR REFURBISHMENTS OVER £1,000 10% of net cost
- Arranging access and assessing costs with contractor;
- Ensuring work has been carried out in accordance with the specification of works
- Retaining any warranty or guarantee as a result of any works
RENEWAL FEE (LANDLORDS SHARE) £75.00 (inc VAT)
- Contract negotiation, amending and updating terms and arranging a further tenancy and agreement
CHECKOUT FEE (LANDLORDS SHARE) £100.00 (inc VAT)
- Agree with tenant check out date and time appointment
- Instruct inventory provider to attend
- Negotiate with landlord and tenant any disbursement of the security deposit
- Return deposit as agreed with landlord and tenant to relevant parties
- Remit any disputed amount to Scheme for final adjudication
- Unprotect security deposit
- Instruct contractors; obtain quotes; organise repairs /replacement/cost of any broken or missing items
COURT ATTENDANCE £100.00 (inc VAT) per hour
