Landlord Fees

Landlord Fees


Tenant find: 9.6% of rent (Inc VAT)

Collect and remit initial months’ 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)
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 and Country Planning Act 1990

Fully managed: 6% of rent (Inc VAT)

Collect and remit the monthly rent received
Deduct commission and other works
Pursue non-payment of rent and provide advice on rent arrears actions
Make any HMRC deduction and provide tenant with the NRL8 (if relevant)

 

Collect and remit the monthly 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 two inspection 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 FEES AND CHARGES (IRRESPECTIVE OF LEVEL OF SERVICE):

Deposit Registration Fee (optional): (included in full management)    –    £50.00 (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:    –    £40.00 (inc VAT)
To attend for specific requests such as neighbour disputes; more visits are required to monitor the tenancy; or any maintenance-linked visit
Arrangement Fee for works over    –    £500.00:     –    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
Arrangement fee for refurbishments over    –   £500.00     –    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
Checkout Fee (landlords share)     –     £120.00 (inc VAT)
Agree with tenant check out date and time appointment b
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
IF YOU HAVE ANY QUESTIONS ON OUR FEES, PLEASE ASK A MEMBER OF STAFF