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Landlords Fees Schedule

Please see below our schedule of fees for landlords.

If you have any questions regarding this please don't hesitate to contact us.

Fees To Landlords

Tenant find: 50% of rent (Inc VAT)

INCLUDES:

  • 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)

 

Rent collection: 8% of rent (lnc VAT)

INCLUDES:

  • Collect and remit the monthly rent received
  • Deduct commission and other works
  • Arrangement payments from rental for statutory requirements
  • Pursue non-payment of rent and provide advice on rent arrears actions

 

Fully managed: 8% of rent (Inc VAT)

INCLUDES:

  • 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

 

ADDITIONAL NON-OPTIONAL FEES AND CHARGES (IRRESPECTIVE OF LEVEL OF SERVICE):

Setup Fee (Landlords Share): £350 (inc VAT)

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

Advise on non-resident tax status and HMRC (if relevant)

Inventory Fee (landlords share) See attached Schedule

Dependent on the number of bedrooms and/or size of the property and outbuildings

Deposit Registration Fee: £36 (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: £50 (inc 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 landlords receipts to HMRC £25 (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 works: 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 £250 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

Obtaining more than two contractors quotes £10 (inc VAT) per quote

Rent Review Fee £ No Charge (inc VAT)

Review rent in accordance with current prevailing market condition and advise the landlord

Negotiate with tenant

Direct tenant to make payment change as appropriate

Update the tenancy agreement

Serve Section 13 Notice if tenancy is on a rolling monthly basis

Renewal Fee (landlords share) £90 (inc VAT)

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

Checkout Fee (landlords share) £ No Charge (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 /replacemenUcost of any broken or missing items

Court Attendance £100 (inc VAT) per hour

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