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Landlord Fees and Charges

Letting, renewal and receiving rent: 10% of rent for the whole time your tenant stays in the property
We’ll:

  • Find a tenant
  • Discuss local market conditions
  • Advise on preparing your property for letting
  • Keep you up to date on compliance and health & safety
  • Put up a To Let board
  • Market the property and advertise on relevant portals
  • Arrange and accompany viewings
  • Collect & hold the deposit
  • Ask tenants to set up rent payments and pass monies on
  • Chase late rent payments
  • Discuss renewal or termination with you before the end of the tenancy
Letting, renewal, receiving rent and management: 8% of rent for the whole time your tenant stays in the property
In addition to the letting, renewal and receiving rent services we’ll:

  • Deal with day to day management including repairs
  • Give utility suppliers meter readings when the tenancy starts and ends
  • Hold a set of keys throughout the tenancy
  • Hold a working fund and make payments
  • Organize the following safety checks; gas safety record, electrical safety tests, smoke and carbon monoxide alarms
  • Visit the property at least once a year
  • Provide an emergency out of hours service
  • Manage the end of tenancy process and deposit return.
Short Lets (three months or less)
Letting, renewal and receiving rent: 15% of rent
Letting, renewal receiving rent and management: 17% of rent
Management Only Service**
Handover 500 + VAT
( 600 inc VAT)
Fees for the whole time the tenant stays in the property 6%
** Minimum Fee 800
Vacant management (before you let or between tenancies)
This depends on what you need:
Minimum monthly fee 100
Pre letting service (visual check)
Visual check (if new build liaise with the developers customer care team if needed)
Sale of Property (including sales progression):
1% of the agreed sale price

 

Extra optional and non-optional fees & charges
Tenancy Paperwork (landlord’s share)
Contract negotiation (amending and agreeing terms) and arranging the tenancy.		 205
Land registry 4
Deposit registration 25 PA
Transferring deposit to landlord during tenancy 50
Selective licensing
Application handling 100
Annual license holding 100
Making an inventory and check-in
The charges will vary depending on the size of the property and whether furnished or not.
Inventory arrangement
This service is included for our managed clients 50
HMO visits & any additional property visits
100
Tenancy renewal paperwork (landlord’s share)
Contract negotiation and arranging necessary documentation 50
Cancelling a let before the tenant moves in
350
Preparing and serving notices
Section 21 Notice:
The service of S21 notice is included for our managed clients		 100
We are a PRS protected firm with qualified members www. theprs.co.uk,
My Deposit Protection Scheme.
We are not member of the Clients money protection scheme.

If you have any questions about our fees, please ask us.

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