Fees to Landlord

Level of service offered

Tenant find: 10% 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: 12.5% of rent (Inc VAT)

INCLUDES:

Collect and remit the monthly rent received

Deduct commission and other works

Pursue non-payment of rent and provide advice on rent arrears actions

Make any HMRC deduction and provide tenant with the NRL8 (if relevant)

 

Fully managed: 15% 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 work

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

Make any HMRC deduction and provide tenant with the NRL8 (if relevant)

 

Setup Fee (Landlords Share):  £250.00 (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)  £120.00 (inc VAT)

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

 

Deposit Registration Fee: £60.00 (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; £50.00 (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 £75.00 (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 over £50.00.  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