Landlord Fees

Level of Service Offered

Additional Non-Optional Fees and Charges (Irrespective of Level of Service):

Setup Fee (Landlords Share): £300.00 (inc VAT)

• Agree the market rent and find a tenant in accordance with the landlord guidelines;
• Advise on refurbishment
• Provide guidance on compliance with statutory provisions and letting consents
• Carry out accompanied viewings (as appropriate)
• Market the property and advertise on relevant portals
• Erect board outside property in accordance with Town and Country Planning Act 1990
• Advise on non-resident tax status and HMRC (if relevant), complete tenancy agreement, photographic inventory.

Deposit Registration Fee: £0.00 (FREE OF CHARGE)

• 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: £0.00 (FREE OF CHARGE)

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

Submission of non-residents landlord receipts to HMRC: £49.00 (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 to HMRC

Arrangement Fee for Works over £20.00: 20% of net cost

• Arranging access and assessing the 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

Obtaining more than two contractors quotes: £5.00 (inc vat) per quote

Rent Review Fee: £0.00 (FREE OF CHARGE)

• Review rent in accordance with current prevailing market conditions and advise the landlord
• Negotiate with the tenant
• Direct tenant to make payment change as appropriate
• Update the tenancy agreement
• Serve section 13 Notice if tenancy is on a rolling monthly basis

Renewal Fee (landlords share): £0.00 (FREE OF CHARGE) Contract negotiation, amending and updating terms and arranging further tenancy and agreement

Checkout Fee (landlords share): £0.00 (FREE OF CHARGE)

• Agree with tenant check out date and time appointment
• Instruct inventory provider to attend (if selected)
• Negotiate with the landlord and tenant any disbursements of the security deposit
• Return deposit as agreed with the landlord and tenant to relevant parties
• Remit any disputed amount to Scheme for final adjudication
• Instruct contractors; obtain quotes; organise repairs/replacement/cost of any broken or missing items

Court Attendance: £30.00 (inc vat) per hour

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