Landlord Fees & Services

With Effect From 01/01/2022

Letting Fees including marketing (if required)
Introductory Let Only 100% of a month’s rent (inc. VAT) Minimum fee of £480 inc. VAT applies.

Services Include:

• Advise on presentation
• Full marketing package including photography, signage etc.
• Arranging for prospective tenants to view property
• Processing applications, carrying out credit/reference searches and obtaining appropriate references
• Preparation of tenancy agreements
• Overseeing the signing of tenancy agreements
• Collection of first month's rent
• Setting up Standing Order for rent payments
• Deposit Registration and lodging monies
• Ensuring a successful start to the letting

Managed Service 50% of a month’s rent (inc. VAT) Minimum fee of £360 inc. VAT applies pus a monthly fee of 10% of the rent (12% inc. VAT).

All services as for introductory Let Only (see below) plus the following:

• Monitoring and collection of all rent payments
• Regular inspections of the property
• Dealing with repairs appropriately
• Dealing with tenants over all aspects of the tenancy so that landlords need not become directly involved
• Dealing with necessary notices to serve towards the end of the tenancy
• Arranging for extension of existing tenancy in appropriate cases with no additional letting charge
• Checking outgoing tenant
• Administering the return of the tenant's deposit

Other Fees

The following fees may be payable in addition, depending on requirements:

• Renewal of Tenancy (if applicable): £75 (£90 inc. VAT)
• Preparation of AST £150 (£180 inc. VAT) on standalone basis i.e. without letting
• Deposit Registration on Managed Lets £35 (£42 inc. VAT)
• Deposit Registration on Let Only £100 (inc. VAT)
• Deposit Disputes (where not managed) Charged at an hourly rate of £75 plus VAT (£90 per hour inc. VAT. Court appearances £150 per hour plus VAT
• Energy Performance Certificate (as an addition to other services) £80 (£96 inc. VAT) For up to 3 bedroom properties. Larger properties will require a bespoke quotation.
• Gas/Electrical Safety Certificates (EICR) Subject to Contractor Quotation

Important Notice

Without exception fees are deducted from the monies collected prior to distribution, unless paid in advance.

Regulation

As an organisation we are dedicated to protecting your assets and Regulated by RICS. We are also members of The Property Ombudsman which is a redress for complaints from customers.