Fees

 

FULL MANAGEMENT

LET ONLY

Letting Fee

50% first months rent

(Min £400 / Max £750)

50% first months rent

(Min £550 / Max £750)

Management Fee

10% (rent dependant)

N/A

START OF TENANCY FEES

Deposit registration - Admin involved in the tenancy deposit legislation

Included within service

£50

 

 

Inventory/Schedule of condition (dependent on property size)

£100-£150

£150-200

 

Tenant Referencing (per applicant)

£75

£100

 

Rent Protection*                                           

 

2.5% of rent

N/A

DURING TENANCY FEES

Additional property inspections

(2 inspections per year included Full Management)

£50 per inspection

£150 per inspection

 

Rent review and preparation & service of Section 13

Included within service

£125

 

Tenancy renewal fee

£125

£175

 

Right to Rent follow up check

Included within service

£50

 

Landlord/Agency termination fees

See Clause 33

 

Arrangement fees - Obtaining estimates and project management of major works over £1000

5% cost of invoice

N/A

 

Accompanied council inspections

£50/hr

N/A

 

END OF TENANCY FEES

Tenant move-out and inventory check

Included within service

£150

 

Tenancy dispute fee – Preparation of evidence (only available if inventory carried out by Agent)

Included within service

N/A

 

 

Preparation and service of Section 21 or Section 8 Possession Notice

Included within service

£125

 

 

Preparation of evidence and documents for legal proceedings

Included within service

N/A

 

Attending legal proceedings (per hour)

£50/hr

N/A

 

FINANCIAL CHARGES

Interest on unpaid fees or commission

3% + VAT above the Bank of England base rate from the due date until paid

(3.6% including VAT)

 

Administration of NRL tax returns (quarterly)

£50

N/A

 

Annual income and expenditure schedule (per portfolio)

£50

N/A

 

FULL MANAGEMENT

LET ONLY

OTHER FEES AND CHARGES

Void property inspections (per visit)

£45

£75

 

Insurance claim handling fee

10% value of the claim

N/A

 

Professional hourly rate

£50/hr

 

Collection & redirection of mail (UK & Overseas)

£20 administration fee plus cost of postage

 

Duplication & testing of keys

£20 administration fee plus cost of keys

 

Additional paper copies of documents/statements

£10 administration fee plus cost of postage

 

Landlord termination fee (during tenancy)

One Months Rent

N/A

 

 

 

Admin fee for arranging maintenance in void periods or Let Only/Rent Collect services

Included within service

10% of Invoice

SAFETY CERTIFICATES

Energy Performance Certificate (EPC)*

£75

 

Legionella Risk Assessment

£60

 

Gas Safety Inspection*

£95

 

Electrical Installation Condition Report (EICR)*

£200

 

Portable Appliance Testing (PAT)*

£65

 

*Note: these are supplied by third parties and prices may differ in future



 
 

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