9% (plus VAT) 10.8% (inc VAT)
Includes:
• Finding a tenant
• Carry out accompanied viewings
• Market the property and advertise on the relevant portals
• Provide tenant with method of payment
• Deduct any pre-tenancy invoices
• Make any HMRC deduction and provide tenant with the NRL8 (if relevant)
• Pursue non-payment of rent
Commission will also be due on every tenancy renewal.
17% (plus VAT) 20.4% of rent (inc VAT)
Includes:
• Finding a tenant
• Carry out accompanied viewings
• Market the property and advertise on relevant portals
• Ensure the landlord complies with their statutory obligations
• Collect and remit the monthly rent received
• Pursue non-payment of rent and provide advice on rent arrears actions
• Deduct commission and other works
• Advise all relevant utility providers of changes
• Undertake two property visits per annum and notify landlord of the outcome
• Arrange routine repairs and instruct approved contractors
• Hold keys throughout the tenancy term
• Deposit dilapidation negotiations
Commission will also be due on every tenancy renewal.
25% (plus VAT) 30% of rent (Inc VAT)
Includes:
• Finding a tenant
• Carry out accompanied viewings
• Market the property and advertise on relevant portals.
• Ensure the landlord complies with their statutory obligations
• Collect and remit the monthly rent received
• Pursue non-payment of rent and provide advice on rent arrears actions
• Deduct commission and other works
• Advise all relevant utility providers of changes
• Arrange routine repairs and instruct approved contractors
• Hold keys throughout the tenancy term
• Deposit dilapidation negotiations
Commission will also be due on every tenancy renewal.
Tenancy Agreement Fee (Landlord’s Share):
£240 (plus VAT) £288 (inc VAT) − Draw up the Tenancy Agreement and issue the relevant paperwork.
Deposit Registration Fee (Landlord’s Share):
£40 (plus VAT) £48 (inc VAT) − Register landlord and tenant details and protect the deposit with the Tenancy Deposit Scheme (ASTs only).
Inventory Arrangement Fee:
£50 (plus VAT) £60 (inc VAT) − Plus the Inventory Company charge which is dependant on size and content of the property.
Inventory Cost:
The cost of the Inventory and Check In will be passed directly to the landlord from the inventory company used.
Sale of the Property to the Tenant:
2% (plus VAT) of the sale price (2.4% of the Sale Price (inc VAT)).
Letting Service Renewal Commission Fee:
8% (plus VAT) 9.6% (inc VAT) of the total rent − Review rent in accordance with the market and advise the landlord, negotiate and agree the renewal, ongoing rent collection, credit control and accountancy.
Fully Managed Renewal Commission Fee:
15% (plus VAT) 18% (inc VAT) of the total rent − Review rent in accordance with the market and advise the landlord, negotiate and agree the renewal, continuation of Fully Managed service.
Additional property visits:
£75 (plus VAT) £90 (inc VAT) per visit − To attend as necessary for specific requests such as to monitor the tenancy or any maintenance-linked visit.
Submission of non-resident landlords receipts to HMRC:
£450 (plus VAT) £540 (inc VAT) annually − 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. Make any HMRC deduction and provide landlord with the NRL6 (if relevant).
Arrangement fee for refurbishments over and above day to day management (if managed):
10% (plus VAT) 12% (inc VAT) of net cost (minimum fee of £180 including 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 as a result of any works).
Vacant Management fee (if instructed):
£115 (plus VAT) £138 (inc VAT) per visit − visit the property every two weeks or more frequently if agreed and maintain utility bill accounts as instructed.
Court Attendance: £250 (plus VAT) £300 (inc VAT) per hour Obtaining Consents: £70 (plus VAT) £84 (inc VAT) per document
Arranging and Obtaining the EPC: £125 (plus VAT) £150 (inc VAT) includes the cost of the EPC