Applicable for new instructions, together with a summary of the service provided within each fee.
| Service | Summary of Service | Fee (incl. VAT) |
|---|---|---|
| Let Only Service | Includes: Provide a market appraisal, agree the market rent, advise on refurbishment, provide guidance on compliance with statutory provisions and letting consents, prepare marketing details and photos, market the property, erect a flag board outside the property (as allowed), carry out accompanied viewings, find and introduce an applicant acceptable to the landlord, negotiate the tenancy terms, obtain a credit reference report together with the applicant’s ID, and carry out a right to rent check, arrange the commencement of the tenancy including the signing of the tenancy agreement and prescribed information by both parties, collect and remit the initial rent and security deposit. | 9.6% incl. VAT (8% + 20% VAT) Our introductory commission is payable at the commencement of the tenancy, based on a percentage of the twelve-month rent. |
| Let and Rent Collection Service | As above, plus collecting and remitting the monthly rent as received, issuing a monthly statement of account, pursuing non-payment of rent and issuing reminders as necessary, advising the landlord of any rent arrears and providing advice on possible arrears action the landlord can take. | 10.8% incl. VAT (9% + 20% VAT) Payable monthly for the duration of the tenancy and any continuation of the tenancy. |
| Let, Rent Collection and Management Service | As above, plus advise the council and utility providers of the change of occupier, arrange as required safety inspections and routine repairs with the landlord’s contractors, hold keys, undertake quarterly property visits in the 12 months of a tenancy then half yearly thereafter subject to tenant’s co-operation and provide the landlord with a brief report, agree check out date and time of appointment with tenant and inventory clerk, provide the landlord with advice and guidance in regard to any dilapidations, obtain any estimates as required and negotiate between the parties as necessary. | 14.4% incl. VAT (12% + 20% VAT) Payable monthly for the duration of the tenancy and any continuation of the tenancy. |
| Tenancy Agreement |
To supply and issue an assured periodic tenancy agreement (in the agent’s standard format) together with the prescribed deposit information, the How To Rent Guide and current EPC & safety certificates, as required. To supply and issue a company or non-housing act tenancy agreement. |
£120.00 incl. VAT(£100.00 + 20% VAT) £210.00 incl. VAT(£175.00 + 20% VAT) |
| Rent Increase | To supply and serve a Section 13 Notice on behalf of the landlord and supply evidence of market rates. | £90.00 incl. VAT (£75.00 + 20% VAT) |
| Notice | To supply and serve a Section 8 Notice on behalf of the landlord. | £300.00 incl. VAT (£250.00 + 20% VAT) |
| Additional Visits | Property visits, in addition to the standard visits included in our management service, or property inspection visits during a void period. | £48.00 incl. VAT (£40.00 + 20% VAT) |
| Attendance Fee | To attend Court or a rent tribunal committee to give evidence on behalf of the landlord. | £60.00 incl. VAT (£50.00 + 20% VAT) Per hour |
| Arrangement Fee for Works Over £5000.00 | For arranging refurbishment or major property maintenance in excess of £5000.00. To arrange access and assess costs with a contractor, obtain up to two quotes, instruct a contractor and visually inspect the work carried out on the landlord’s behalf, photograph as required. | 6% incl. VAT (5% + 20% VAT) Of the total costs |
| Submission of HMRC Quarterly Returns | For submitting a quarterly return and any remittance due to HMRC for a non-resident landlord who is not registered for Gross Approval under HMRC Non-Resident Landlords Scheme (NRL). | £180.00 incl. VAT (£150.00 + 20% VAT) Per quarter |
| Administer Disputed Deposit Claims | Prepare and administer documents for disputed deposit claims and forward evidence to the adjudicator of the relevant deposit scheme. | £240.00 incl. VAT (£200.00 + 20% VAT) |
If you have any further questions regarding our fees or service, please ask a member of staff or request a copy of our full terms and conditions.
