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Landlord Fees


LETTING ONLY SERVICE – 8% + vat

Includes:

Advise on current market conditions and preparation of the property for rental

Erect board outside of the property in accordance with Town and Country Planning Act 1990

Market the property and advertise on relevant portals

Carry out accompanied viewings (as appropriate)

Negotiate offers and take up references

Issue Assured shorthold tenancies (AST), prescribed information and tenant first monies due letter

Deal with all communication on AST and signing by both parties (using DocuSign)

All Pre-Tenancy works organised (inventory, Gas safety etc)

Collection and processing of tenants initial monies – payment to landlord

Check all paperwork signed, ID’s collected and all legal obligation met

Lodge security deposit in agreed scheme MyDeposit, DPS or landlords

Deduct any pre-tenancy invoices.

RENT COLLECTION SERVICE - 10% + vat

Includes the LETTING SERVICE:

And:

Rent collection and arrears chasing

Landlord payments and statements

Deal with Non – resident landlord taxation including annual return

Invoice payments to suppliers/contractors

Payment of service/ground rent

**Our rent collection fee is due for the term of the Tenancy including any renewals or extensions. Payment of this fee is paid monthly through rent funds collected.

MANAGEMENT SERVICE - 12% + vat

Includes the LETTING and RENT COLLECTION SERVICES

And:

Maintenance work arranged and managed

Emergency/out of hours maintenance calls and work dealt with

All gas safety, legionnaires, PAT testing arranged and completed

One routine inspection (p.a) arranged with clerks and report sent to landlords

Negotiate renewal and documentation signed

End of tenancy process/service notice/organise remarketing

Arrange check-out inspection, arrange professional clean etc

Deposit negotiation and deposit release

Hold keys throughout the tenancy term

Advise all relevant utility providers of changes.

*Our Management fee is due for the term of the Tenancy including any renewals or extensions. Payment of this fee is paid monthly through rent funds collected.

 

ADDITIONAL OPTIONAL AND NON-OPTIONAL FEES AND CHARGES

Inventory 'Make and Check in' fees:

Available upon request

Abortive Tenancy fee

(should you not wish to proceed with a tenancy following acceptance of an offer)  - Equivalent two weeks rent

Tenancy Renewal Fee £99 + vat

  • Review rent
  • Contract negotiation
  • Prepare addendum renewal agreement.

Court attendance

£150.00 + vat per half day

Preparer and Issue Notices

(non-manged properties) £99 + vat

Prepare and administer claims against deposits

(non-managed properties) £199 + vat

Prepare and administer documents for disputed claims

(non-managed properties) £199 + vat

NON resident landlord fee with approval number

£35 + vat

NON resident landlord fee without approval number

£60 + vat

 

 

IF YOU HAVE ANY QUESTIONS ON OUR FEES, PLEASE ASK A MEMBER OF STAFF

CALL 0118 9344811

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