| commission, fees and charges |
explanation |
ex. VAT |
inc. VAT |
| All Letting Services include: |
- 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 1900
- Advise on non-resident tax status and HMRC (if relevant)
|
- |
- |
| Full management |
- 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 one routine visit per fixed term tenancy or once per year (whichever is the more
frequent) and notify landlord of the outcome
- Arrange routine repairs and instruct approved contractors
- Hold keys throughout the tenancy term
|
16.0% |
19.2% |
| Rent collection service |
- 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
|
12.0% |
14.4% |
| Tenant introduction only |
- 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)
|
10.0% |
12.0% |
All fees are subject to value added tax (VAT) at the rate applicable and our minimum fee of £650.00 + VAT (£780.00 including VAT) per tenancy term.
| initial charges |
explanation |
ex. VAT |
inc. VAT |
| Energy Performance Certificate (EPC) |
Arrange for an EPC to be commissioned to meet your landlord’s responsibilities under the
Energy Performance of Buildings (England and Wales) Regulations 2012
|
£60 |
£72 |
| Tenancy agreement (landlord’s share) |
Provide, negotiate and agree with your tenant a tenancy agreement to include additional clauses
or amendments requested by you and/or your tenant
|
£200 |
£240 |
| Supervision of an agreement presented by a third-party to the landlord |
Arranging for a tenancy agreement which we have not prepared to be checked for you
|
£325 |
£390 |
| Negotiating addenda to tenancy agreement |
Contract negotiation, amending terms and updating your tenancy agreement during the tenancy
|
£50 |
£60 |
| Inventory check (Unfurnished) - at the beginning or end of tenancy (landlord’s share) |
Agree with tenant an inventory check date and time appointment then Instruct inventory provider to attend the property to undertake an updated Schedule of Condition based on the original inventory (cost of providing an inventory set out below)
|
£135 |
£162 |
| Inventory check (Furnished) - at the beginning or end of tenancy (landlord’s share) |
Agree with tenant an inventory check date and time appointment then Instruct inventory provider to attend the property to undertake an updated Schedule of Condition based on the original inventory (cost of providing an inventory set out below)
|
£150 |
£180 |
| Instructing an inventory provider to attend the property to undertake the creation of an inventory prior to the start of the tenancy (Unfurnished) |
Property Type - Studio
|
£140 |
£168 |
| Instructing an inventory provider to attend the property to undertake the creation of an inventory prior to the start of the tenancy (Unfurnished) |
Property Type - 1 bed
|
£150 |
£180 |
| Instructing an inventory provider to attend the property to undertake the creation of an inventory prior to the start of the tenancy (Unfurnished) |
Property Type - 2 bed
|
£160 |
£192 |
| Instructing an inventory provider to attend the property to undertake the creation of an inventory prior to the start of the tenancy (Unfurnished) |
Property Type - 3 bed
|
£170 |
£204 |
| Instructing an inventory provider to attend the property to undertake the creation of an inventory prior to the start of the tenancy (Unfurnished) |
Property Type - 4 bed
|
£180 |
£216 |
| Instructing an inventory provider to attend the property to undertake the creation of an inventory prior to the start of the tenancy (Unfurnished) |
Property Type - 4 bed+
|
£190 |
£228 |
| Instructing an inventory provider to attend the property to undertake the creation of an inventory prior to the start of the tenancy (Furnished) |
Property Type - Studio
|
£160 |
£192 |
| Instructing an inventory provider to attend the property to undertake the creation of an inventory prior to the start of the tenancy (Furnished) |
Property Type - 1 bed
|
£170 |
£204 |
| Instructing an inventory provider to attend the property to undertake the creation of an inventory prior to the start of the tenancy (Furnished) |
Property Type - 2 bed
|
£180 |
£216 |
| Instructing an inventory provider to attend the property to undertake the creation of an inventory prior to the start of the tenancy (Furnished) |
Property Type - 3 bed
|
£190 |
£228 |
| Instructing an inventory provider to attend the property to undertake the creation of an inventory prior to the start of the tenancy (Furnished) |
Property Type - 4 bed
|
£200 |
£240 |
| Instructing an inventory provider to attend the property to undertake the creation of an inventory prior to the start of the tenancy (Furnished) |
Property Type - 4 bed+
|
£210 |
£252 |
| deposit |
explanation |
ex. VAT |
inc. VAT |
| Deposit Protection Fee |
Fee for protecting a deposit and complying with the legal requirements of the Tenancy Deposit
Scheme (TDS) on your behalf. Chargeable every 12 months or part thereof on the tenancy
anniversary date
|
£45 |
£54 |
| To respond on your behalf to your tenants deposit dispute where we provide Full Management |
Upon your tenants registering a Deposit dispute with the TDS, Remit any disputed amount to
Scheme for final adjudication, advise you on the details of your tenants claim, formulate your
response and submit this to the TDs with appropriate evidence
|
£25 |
£30 |
| To respond on your behalf to your tenants deposit dispute where we do not provide Full Management |
Upon your tenants registering a Deposit dispute with the TDS, Remit any disputed amount to
Scheme for final adjudication, advise you on the details of your tenants claim, formulate your
response and submit this to the TDs with appropriate evidence
|
£200 |
£240 |
| renewals |
explanation |
ex. VAT |
inc. VAT |
| Renewal fixed term tenancy agreement negotiation and preparation charge, managed (landlord’s share) |
Contract negotiation, amending and updating terms and arranging a further tenancy and
agreement
|
£125 |
£150 |
| Renewal fixed term tenancy agreement negotiation and preparation charge, non-managed (landlord’s share) |
Contract negotiation, amending and updating terms and arranging a further tenancy and agreement
|
£150 |
£180 |
| Periodic tenancy arrangement fee |
Arranging for the tenancy to be continued on a periodic basis, to include new rent where this
can be increased by agreement.
|
£100 |
£120 |
| general |
explanation |
ex. VAT |
inc. VAT |
| Annual statement of income and expenditure |
Provision of a statement of income and expenditure on an annual basis to assist in the
completion of your Tax Return
|
£100 |
£120 |
| Quarterly tax submission for non-UK residents with no HMRC approval |
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
|
£100 per quarter |
£120 per quarter |
| Annual tax declaration for non-UK resident with HMRC approval |
Submitting to HMRC an annual declaration for non-UK resident landlords who have HMRC
approval – and respond to any specific query relating to the return from the landlord or HMRC
|
£40 |
£48 |
| Annual statutory landlord rental
income notification to HMRC |
Submitting in your behalf an annual return to HMRC for non-UK resident landlords – and
respond to any specific query relating to the return from the landlord or HMRC
|
£10 |
£12 |
| Copy statements (each month’s statement, or part thereof) - per request |
Provision of Copy statements (each month’s statement, or part thereof) - per request
|
£25 |
£30 |
| Additional property visits, price per
visit |
To attend for specific requests such as neighbour disputes; more visits are required to monitor
the tenancy; or any maintenance-linked visit
|
£50 |
£60 |
| Repairs (full management only). When the net cost of works exceeds £750.00 + VAT and an estimate is necessary - based on the total net invoice of works |
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
|
10.0% |
12.0% |
| Arrange redecoration/refurbishment (full management only) - based on the total netinvoice of works |
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
|
10.0% |
12.0% |
| To obtain an estimate of works for
redecoration or refurbishment. (This
will be deducted from our final fee
if you decide to proceed) |
Obtaining more than two contractors quotes works for redecoration or refurbishment and
submitting them to you for approval
|
£100 |
£120 |
| Court attendances - per day or part thereof |
Attending Court proceedings with your appointed Solicitor as a Landlord witness
|
£200 |
£240 |
| Service of Section 13 Notice (rent increase notice for a statutory periodic assured shorthold tenancy) |
Review rent in accordance with current prevailing market condition and advise the landlord,
where a new rent cannot be agreed with your tenant, upon receipt of instructions prepare and
serve a Section 13 Notice to increase rent for a periodic tenancy
|
£50 |
£60 |
| Service of Section 21 Notice or Notice to Quit to end a tenancy (not with Full Management or Rent Collection) |
Upon instructions prepare and serve a Section 21 Notice or Notice to Quit in order to bring
your tenant’s tenancy to an end
|
£50 |
£60 |
| Arrange Legionella risk assessment |
A landlord has responsibility to assess and control the risk of Legionella under the HSE revised
Approved Code of Practice (ACOP) and guidance Legionnaires’ disease: The control of
legionella bacteria in water systems
|
£125 |
£150 |
