Landlord Fees

 

You can download a copy of our landlord fees HERE for your records, or simply continue reading below.

LANDLORD SCHEDULE OF FEES

Service Fees

Let and Full Management      -        14.4% of gross monthly rental (12% + vat)

Let and Rent Collection          -        12% of gross monthly rental (10% + vat)

Let/ Tenant Find Only             -         9.6% of gross annual rental (8% + vat)

Management Only                  -         7.2% of gross monthly rental (6% + vat)

Caretaking                              -         TBA (please enquire)

 

Tenancy Fees

Tenancy Agreement               -          £150 (£125 + vat)

Addendum or Renewal Agreement   -       £84 (£70 + vat)

Rent Review                          -           £48 (£40 + vat)

 

Inventory Fees

From 1st June 2019 it is prohibited to charge Housing Act Tenants (ASTs and ATs) any third-party costs.  The Landlord is liable for all inventory make, check-in and check-out charges.  The costs for the inventory make and check-in/out vary according to the size of the property and are carried out by a professional third party.  The invoices are passed across to the Landlord for payment.

Assured Shorthold/Assured Tenancies

Inventory make, check-in and check-out   -         Third party invoice charge to the Landlord

Company Tenancies (Non Housing Act)

Inventory make     -     Costs shared between Landlord and Tenant

Inventory check-in    -    Cost paid by Tenant

Inventory check-out    -    Cost paid by Landlord

OTHER FEES AND CHARGES

Right to Rent:

Landlords need to check that all tenants have a right to reside in the UK.

Where checks cannot be carried out in-house a charge of £6 (£5 + vat) per applicant will apply.

Referencing/Credit Check Fees:

From 1st June 2019 it is prohibited to charge tenants on ASTs for credit checks and referencing.  We use Homelet Referencing Services.

£54 (£45 + vat) for each reference carried out by Homelet ‘Enhance’ Level

£30 (£25 + vat) for each reference carried out by Homelet ‘Insight’ Level

Company Credit Checks   -   Charged to the Tenant Company

Registering and transfer of Security Deposit into Deposit Protection Service Custodial Scheme

£ NIL

Void Property Visits

£36 (£30 + vat) per visit

Major Works and Project Management

10% + vat of the cost of major works including full or partial refurbishments

Rent Recovery

Landlord Rent Recovery & Legal Guarantee Cover is available.  Please enquire for details.

Fees as at 1st November 2022 - VAT @ 20%.

 

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