Landlord Fees

9.6% of Annual Rent (inc VAT) / (8% + vat @ 20%)

Includes:

Current Market Appraisal
All marketing & advertising
Accompany all viewings
Take up full referencing
Drafting of Tenancy Agreement and Prescribed Papers, exchange prior to commencement
Collect and remit initial months’ rent received, collect deposit and register as Stakeholder
Arrange professional inventory
Arrange Safety Inspections (if required)
Agree collection of any shortfall and payment method
Provide tenant with method of payment
Arrange for utility transfers
Deduct any pre-tenancy invoices
Negotiate tenancy renewals
Prepare and serve relevant Possession Notices.
Make any HMRC deduction and provide tenant with the NRL8 (if relevant).

12% of Rent (inc VAT) / (10% + vat @ 20%)

Includes:

15% of Rent (inc VAT) / (12.5% + vat @ 20%)

Includes:

All Professional Service levels are explained in more detail in our Terms & Conditions

Setup Fee (Landlords Share) £NIL

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 & Country Planning Act 1990
Advise on non-resident tax status and HMRC (if relevant)

Inventory make fee dependent on the number of bedrooms and/or size of the property and outbuildings: At Cost

Tenancy Agreement and Deposit Registration Fee £210.00 (inc VAT) / £175.00 Plus VAT

Draw up Tenancy Agreement – Original & Counterpart
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: £48.00 (inc VAT) / £40.00 Plus VAT

To attend for specific requests such as neighbour disputes; more visits are required to monitor the tenancy; or any maintenance linked visit

Submission of Non Resident Landlord Reciepts to HMRC (Ex Full Management) £42.00 (inc VAT) / £35.00 Plus VAT

Arrangement Fee for Maintenance Work £ NIL – Full Management Only

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

Arrangement Fee For Refurbishments 12% (inc VAT) of Total Costs of the work / 10% Plus VAT

Rent Review / Annual Renewal Fee 6% of Annual Rent (inc VAT) 5% Plus VAT – Let Only Service

Renewal Contract Fee (Landlords Share) £90.00 (inc VAT) / £75 Plus VAT

Contract negotiation, amending and updating terms and arranging a further tenancy and agreement

Inventory Checkout Fee Dependent on the number of Bedrooms and/or Size of the Property and Outbuildings – At Cost

Deposit Negotiation £ NIL – Full Management Only

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 (Full Management Only)

Court Attendance £54.00 (inc VAT) Per Hour £45.00 Plus VAT