• Login or Register
  • Call Us 020-8590-5555
Menu

FEES TO: LANDLORDS

LEVEL OF SERVICE OFFERED:

TENANT FIND: 3.84% of Gross rental due from the tenant (NO 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: 6% of monthly rent (NO 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).

FULLY MANANGED: 7% of monthly rent (NO VAT)

INCLUDES:

  • Collect and remit the monthly rent received.
  • Pursue non-payment of rent and provide advice on rent arrears actions.
  • Deduct commission and any 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.
  • Serve appropriate notices
  • Handle return of deposits or any disputes
  • Attend court for possession hearings if required.
  • Dedicated property manager
  • 24/7 Emergency telephone line

(Fee Example: If the monthly rent was £………., the fee would be £……. NO VAT.)

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

Setup Fee (Landlord Share): £350.00 (NO 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 County Planning Act 1990
  • Advise on non-resident tax status and HMRC (if relevant)

Inventory Fee (landlords share) Between £120 and £190 but £0 with management properties

  • Dependent on the number of bedrooms and/or size of the property and outbuildings.
Deposit Registration Fee: £24.00 (NO 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: £35.00 (NO VAT) per visit
  • 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 landlord’s receipts to HMRC £65.00 (NO 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
Obtaining more than two contractors quotes £45.00 (NO VAT) per quote

Rent review Fee £45.00 (NO VAT)
  • 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 because of any works
  • Arrangement fee for refurbishments over £2000.00 8% (NO VAT) 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 because of any works
Obtaining more than two contractors quotes £45.00 (NO VAT) per quote

Rent review Fee £45.00 (NO 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) £350.00 (NO VAT)
  • Contract negotiation, amending and updating terms and arranging a further tenancy and agreement
Court attendance £75.00 (NO VAT)

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