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 periodic tenancies (APT), prescribed information and tenant first monies due.
• Deal with all communication on APT and signing by both parties (using Docusign)
• All pre-tenancy works organised if requested by the landlord (inventory, Gas safety etc)
• Collection and processing of tenant’s initial monies – payment to landlord
• Check all paperwork signed, IDs collected and all anti money laundering legal obligations met
• Lodge security deposit in agreed scheme TDS (Tenancy deposit scheme) or landlords’ scheme if requested.
• Deduct any pre-tenancy invoices if funds are held.

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 registration if requested including annual return statements.
• 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
• All gas safety checks, EICR (Electrical safety reports) & EPC (Energy performance certificate (separate charges per job) organised if applicable/required.
• One routine inspection (per annum) arranged with clerks and report sent to landlords
• End of tenancy process/serving notices/organise remarketing
• Arrange inventory check outs
• Deposit negotiation and deposit release
• Hold management keys throughout the tenancy term
• Advise all relevant parties (council tax) of end of tenancies

** 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

Professional cleaning (available on request)

Abortive Tenancy Fee:

• (Should you not wish to proceed with a tenancy following acceptance of an offer) – Equivalent two weeks

Court attendance:

• £150.00 + VAT per half day

Preparer and Issue Notices:

• (Non-managed 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-managed properties)

If you have any questions on our fees, please ask a member of staff.