Levels of Service Offered





Tenant find : 8.4% of rent (inc. VAT)



Service Includes:

  • Collect and remit initial months’ rent received
  • Agree collection of any shortfall and payment method
  • Provide tenant with method of payment
  • Deduct any pre-tenancy invoices
  • Make any HMRC deduction and provide tenant with the NRL8 (if relevant)


Rent Collection: 10.8% of rent (inc. VAT)



Service Includes

  • Collect and remit the monthly rent received
  • Deduct commission and other works
  • Pursue non-payment of rent and provide advice on rent arrears actions
  • Make any HMRC deduction and provide tenant with the NRL8 (if relevant)




Fully Managed: 14.4% of rent (inc. VAT)



Service includes

  • 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 inspection visits per annum and notify landlord of the outcome
  • Arrange routine repairs and instruct approved contractors (providing two quotes)
  • Hold keys throughout the tenancy term
  • Make any HMRC deduction and provide tenant with the NRL8 (if relevant)


ADDITIONAL NON-OPTIONAL FEES AND CHARGES (IRRESPECTIVE OF LEVEL OF SERVICE):



Deposit Registration Fee - £66.00 (inc VAT)

Register landlord and tenant details and protect the security deposit with a Government-authorised Scheme

Provide the tenant(s) with the Deposit Certificate and Prescribed Information within 30 days of start of tenancy

Additional property visits - £120.00 (inc VAT)

To attend for specific requests such as neighbour disputes; more visits are required to monitor the tenancy; or any maintenance-linked visit



Submission of non-resident landlords receipts to HMRC - £30.00 (inc VAT) quarterly

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

Arrangement Fee for works over £500.00 - 10% of net cost

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



Arrangement fee for refurbishments over £1500.00 - 10% of net cost

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



Rent Review Fee - £200.00 (inc VAT)

Review rent in accordance with current prevailing market condition and advise the landlord

Negotiate with tenant

Direct tenant to make payment change as appropriate

Update the tenancy agreement with an addendum

Serve Section 13 Notice if tenancy is on a rolling monthly basis



Obtaining more than two contractors quotes - £12 (inc VAT) per quote



Renewal Fee (landlords share) - 7.2% (inc VAT) applicable even if tenancy is held over monthly

Contract negotiation, amending and updating terms and arranging a further tenancy and agreement



Checkout Fee (landlords share) - £150.00 (inc VAT)

Agree with tenant check out date and time appointment

Instruct inventory provider to attend

Negotiate with landlord and tenant any disbursement of the security deposit

Return deposit as agreed with landlord and tenant to relevant parties

Remit any disputed amount to Scheme for final adjudication

Unprotect security deposit

Instruct contractors; obtain quotes; organise repairs /replacement/cost of any broken or missing items







CANCELLATION FEE

If agent has done all the work in completing references and signed tenancy agreement £600.00 (inc VAT)



Court Attendance - £120.00 (inc VAT) per hour



IF YOU HAVE ANY QUESTIONS ON OUR FEES, PLEASE ASK A MEMBER OF STAFF





Landlord Fees

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