| Tenant Find: £474(inc. VAT) or half months rent whichever is the greater |
Fully managed: 14.4% of rent (inc. VAT) |
|
|---|---|---|
| Agree the rental value | ☑ | ☑ |
| Provide guidance on compliance with statutory provisions and letting consents | ☑ | ☑ |
| Advise on refurbishment requirements | ☑ | ☑ |
| Erect board outside property in accordance with Town and Country Planning Act 1990 (where possible) | ☑ | ☑ |
| Market the property and advertise on relevant portals | ☑ | ☑ |
| Carry out accompanied viewings (as appropriate) | ☑ | ☑ |
| Find tenants | ☑ | ☑ |
| Advise on non-resident tax status and HMRC (if relevant) and provide an Annual Income and Expenditure Schedule. | ☒ | ☑ |
| Collect & remit initial months’ rent, and monthly on Full Managed | ☑ | ☑ |
| Provide tenants with method of payment | ☑ | ☑ |
| Deduct any pre-tenancy invoices | ☑ | ☑ |
| Make any HMRC deduction and provide tenant with the NRL8 (if relevant) | ☒ | ☑ |
| Advise all relevant utility providers of any changes | ☒ | ☑ |
| Agree collection of any shortfall and payment method | ☒ | ☑ |
| Collect and remit the monthly rent | ☒ | ☑ |
| Arrangement payments for statutory requirements including Section requirements. | ☒ | ☑ |
| Pursue non-payment of rent and provide advice on rent arrears actions | ☒ | ☑ |
| Testing of Smoke Alarms and Carbon Monoxide detectors on 1st day of tenancy- Visual check to comply with Homes Act 2018 | ☒ | ☑ |
| Arrange routine repairs and instruct approved contractors (providing three quotes) | ☒ | ☑ |
| Right to Rent Follow - up. Undertaking a repeat check on a time limited Visa in accordance with Immigration Acts 2014 and 2016 | ☒ | ☑ |
| Hold keys throughout the tenancy term | ☒ | ☑ |
PRE-TENANCY FEES (ALL SERVICE LEVELS)
Arranging and facilitating statutory compliance (this is in addition to the costs of the item itself) if not provided on instruction or undertaken by the landlord:
Set-up Fees: £474.00 (inc. VAT) per tenancy. Referencing for up to two tenants (ID checks, Right-to-Rent check, financial credit checks, obtaining references from current or previous employers / landlords and any other relevant information to assess affordability) as well as contract negotiation (amending and agreeing terms) and arranging the signing of the tenancy agreement.
Additional Tenant Referencing Fees: £120.00 (inc. VAT) per tenant. As Set-up Fees above for additional tenants.
Guarantor Fees: £120 (inc. VAT) per guarantor.
Covering credit referencing and preparing a Deed of Guarantee (or as part of the Tenancy Agreement).
Deposit Registration Fees (where collected):£10.80 (inc. VAT) per tenancy. 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 the tenancy start date.
Inventory Fees: Included in Management set up fee for Full Management or £234 per Tenant Find Only
Accompanied Check-in Fees: £234 (inc. VAT) per tenancy.( Included in Management fee). Charges applicable for Tenant Find Only.
Attending the property to welcome the tenant(s), confirm the Inventory and Schedule of Condition, explain the operation of appliances, highlight the location of utility meters, stop-cocks etc. and test that all smoke alarms and carbon monoxide detectors are present and in working order. This is subject to an approved Inventory as above.
Landlord Withdrawal Fees (before move-in): £354 (inc. VAT) per tenancy. To cover the costs associated with the marketing, advertising and tenancy set-up should the landlord withdraw from the tenancy before it has started.
Porperty Inspections, 3 per annum £33 (inc VAT) with full report including photographs where possible.
Please ask a member of staff if you have any questions about our fees.
Additional Property Visits: £42 (inc. VAT) per visit.
Should the landlord request property visits in addition to those within their existing Terms of Business, this covers the costs of attending the property.
Rent Review and Renewal Fees: £102 (inc. VAT) per tenancy.
Review rent in accordance with current prevailing market conditions and advise the landlord, negotiate with the tenant(s), direct tenant(s) to make payment change as appropriate, update the tenancy agreement and serve a Section 13 Notice if the tenancy is on a periodic basis.
Contract negotiation, amending and updating terms and arranging for the signing of a further tenancy agreement.
Landlord Withdrawal Fees (during tenancy): £POA (inc. VAT) per tenancy. To cover the costs associated with advising the tenant on the change .
Check-out Fees: per tenancy. Included in managament fee Tenant Find £234 INC vat
Attending the property to undertake an updated Schedule of Condition based on the original inventory and negotiating the repayment of the security deposit.
Tenancy Dispute Fee is included in the Deposit Fee.
The costs associated with the preparation of all evidence and submitting the case to the tenancy deposit scheme as well as dealing with all correspondence relating to the dispute. This only applies where the agent has protected the deposit.
Submission of Non-Resident Landlords receipts to HMRC
£42 (inc. VAT) quarterly. To remit and balance the financial Return to HMRC on both a quarterly and annual basis per Landlord.
Responding to any specific queries relating to either the quarterly or annual Return from either the landlord or HMRC
Vacant Property Care Visit : £42 (inc. VAT) per visit.
To cover the costs associated with visiting the property to undertake visuals checks on the inside and outside at a frequency mutually agreed with the landlord
Management Take-over Fees: £330 (inc. VAT) per tenancy.
To cover the costs associated with taking over the management of an ongoing tenancy, ensuring all statutory compliance has been undertaken, confirming everything under “Set-up Fees” above, receiving and protecting the security deposit and providing all necessary legal documentation to the tenant.
Management Take Over with Arrears : £POA
Stand Alone Tenancy Agreement for Tenant Find Only £174 (inc VAT)
