Landlord Fees

 
SERVICE FEES:                
Let & Full Management - 14% of gross rent
Let & Rent Collection - 11% of gross rent
Let/Tenant Find only - 8% of gross rent
Management only - 6% of gross rent
Caretaking - TBA
 
TENANCY FEES:
Tenancy Agreement Fee - £100
Addendum or Tenancy Renewal Fee - £70
Rent Review Fee - £40
 
INVENTORY FEES:
Inventory make cost are shared with the tenants, check-out costs are borne by the Landlord (the tenant pays the check-in costs).  The Landlord costs for inventory make and check-out vary according to the size of the property. An indication would be £120 for a one bedroom property to £350 for a 5 bedroom property. We use professional independent inventory clerks for all inventory services including check-outs.
 
RIGHT TO RENT: TBA. From 1st February Landlords need to check that tenants have a right to reside in the UK. Checks will be carried out by Homelet Verify.
 
RERENCING FEES: Credit checks and referencing costs are borne by the tenant.
 
MAJOR WORKS: 10% of the cost of major works including partial or total refurbishments.
 
VOID VISITS: £30 per visit
 
RENT RECOVERY: Landlord Rent Recovery & Legal Guarantee Cover is available from £13 pcm.