Landlord fees
FEES CHARGED TO LANDLORDS
Without prejudice to the lettings service agreement and unless otherwise agreed in writing the following fees will be charged.
FULL MANAGEMENT SERVICE: 12% of each month’s rent (inc VAT)
- Prepare the Landlord Residential Lettings Service Agreement.
- Promote the Property, find a suitable Tenant, and take up all relevant checks required.
- Prepare the Detailed Inventory and take dated photographs as evidence.
- Prepare a Tenancy Agreement.
- Collect and remit the monthly rent received.
- Undertake two inspection visits per annum and notify the landlord of the outcome.
- Arrange routine repairs and instruct approved contractors.
- Deduct commission and other works.
- Pursue non-payment of rent and provide advice on rent areas actions.
- Hold keys throughout the tenancy term.
PART MANAGEMENT SERVICE:
TENANT FIND SERVICE: £360 (inc VAT)
- Promote the Property, find a suitable Tenant, and take up all relevant checks required.
- Provide Tenant with method of payment.
- Deduct any pre-tenancy invoices.
INVENTORY AND PHOTO SERVICE: £360 (inc VAT)
- The preparation of a detailed Inventory and take dated photographs as evidence.
PREPARING A TENANCY AGREEMENT SERVICE: £360 (inc VAT)
- To prepare a Tenancy Agreement.
ADDITIONAL FEES IRRESPECTIVE OF LEVEL OF SERVICE:
- Obtaining a Energy Performance Certificate (EPC ) £72 (inc VAT)
- Arranging property repair or refurbishment works fee for over £1000 – 10% of net cost.
- Rent review fee £120 (inc VAT)
- Requested additional inspections £30 (inc VAT) over the 2 per annum included in the Full Management Service.
- Court Attendance £120 per hour (inc VAT)
- Tenancy Renewal fee £50 (inc VAT)
- Issuing a Notice to Quit £120 (inc VAT)
- Schedule of Dilapidation £150 (inc VAT)
- Copy of Rent Statements £10 (inc VAT)
