Landlords Charges

Letting & renewal Sole Agency: 9.6% (incl VAT)* of rent for the term including any renewal, with the renewal reducing after the second year by 0.6% (incl vat) per annum

Letting & renewal Multi Agency: 12% (incl VAT)* of rent for the term including any renewal, with the renewal reducing after the second year by 0.6% (incl vat) per annum

Rent Collection: 1.8% (incl VAT)

  • Agree the market rent and find a tenant in accordance with the landlord guidelines
  • Advise on current market conditions and preparation of the property for letting
  • Provide guidance on compliance with statutory provisions and letting consents
  • Erect board outside property in accordance with Town and Country Planning Act 1990
  • Discuss non-resident tax status and HMRC (if relevant)
  • Prepare property details, market the property and advertise on relevant portals
  • Carry out accompanied viewings
  • Negotiate offers and take up references
  • Prepare and submit Tenancy Agreement (fee applies see below)
  • Collect & hold the deposit as stakeholder in our Client Account
  • Register deposit with the Deposit Protection Scheme where appropriate
  • Provide tenant with method of payment
  • Receive and remit rent received as received
  • Deduct commission and any pre-tenancy invoices
  • Make any necessary HMRC deduction
  • Prepare regular statements
  • Operate rent arrears process should rent not have been received
  • Provide advice on rent arrears actions, if applicable
  • Contact Landlord & Tenant prior to the end of tenancy to discuss renewal or termination
  • Negotiate renewal, prepare and submit documentation (fee applies see below)

Minimum Fee £1800.00 (incl VAT)

Landlord’s Charges

Letting, Renewal, Rent Collection & Management Sole Agency: 16.8% (incl VAT)* of rent for the term including any renewal

Letting, Renewal, Rent Collection & Management Multi Agency: 19.2% (incl VAT)* of rent for the term including any renewal

  • In addition to the Letting, Renewal & Rent Receipt service;
  • Arrange Energy Performance Certificate
  • Administrate Ground Rent and Service Charges
  • Liaise with utility suppliers
  • Hold keys throughout the tenancy
  • Retain a working fund and deal with day to day management
  • Arrange routine repairs and instruct approved contractors (to a maximum of £600)
  • Approve supplier invoices
  • Arrange Gas Safety Record, Electrical Installation Condition Report and Portable Appliance Testing
  • Arrange pre-tenancy cleaning
  • Investigate matters relating to the property
  • Visit the property at least once per annum and notify landlord of outcome
  • Ensure compliance with Houses in Multiple Occupation legislation (where applicable)
  • Provide a Property Management emergency out of hours service
  • Agree the check out date and time with tenant
  • Instruct inventory provider to prepare and check inventory with tenant (fee applies see below)
  • Negotiate with landlord and tenant any disbursement of the security deposit
  • Return deposit as agreed with landlord and tenant to relevant parties
  • Remit any disputed amount to the Tenancy Deposit Scheme for final adjudication
  • Unprotect security deposit

* Minimum Fee £3,000 (incl VAT)

Short Lets (three months or less):

Letting, Renewal & Rent Collection & Management: 28.8% (incl VAT) of rent
Management only service: £600 (inc VAT) handover + 7.2% (inc VAT) or rent for the tenant

Vacant management

Dependent upon landlord requirements: A minimum of £120 (inc VAT) per month
Void management works fee: 12% (inc VAT) of net cost
Post purchase pre let: £600 (inc VAT) plus travel expenses

  • Visual check and if new build liaise with surveyor re snagging
  • Arrange for metres to be read and liaise with utility suppliers
  • Arrange gas safety, cleaning, etc

Sale of Property Fee: 2.4% (inc VAT) of the agreed sale price

Additional optional and non-optional fees:

Tenancy paperwork fee (landlords share): £216 (incl VAT)
Renewal paperwork fee (landlords share): £120 (incl VAT)
Land registry fee: £4.80 (inc VAT)
Deposit registration fee: £30 (inc VAT)
Inventory ‘make’ fee: £850 maximum (incl VAT)
Inventory ‘check in’: £582 maximum (incl VAT)
Additional property visits: £100 (inc VAT)
Submission of non-residential landlords receipts to HMRC: £120 (inc VAT) quarterly
Copies of remittance advices: £30 (inc VAT) per copy
Arrangement fee for works or refurbishment over £1000: 14.4% (inc VAT) of net cost
Insurance claims: £120 (inc VAT) per hour
Tenancy renewal fee (landlords share): £120 (inc VAT)
Abortive tenancy fee: £350 (inc VAT) plus out of pocket costs