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Fees

Fees

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

Setup Fee (Landlords Share):£360 (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)

Inventory Fee (landlords share) See attached Schedule Dependent on the number of bedrooms and/or size of the property and outbuildings

Deposit Registration Fee:£36 (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:£60 (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 £36 (inc VAT) per annum
  • 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
  • Providing an Annual Statement of Account for each tax year £7.20 (inc VAT) Collating monthly statements, printing and posting
  • Sending Monthly/Annual Statements to Landlord's accountant £36 (inc VAT)
  • Landlord's on-line facility for 24hr access to account statements £6 (inc VAT) per month
  • Checking a Tenant out of a property at the end of the Tenancy £90 (inc VAT)

Arrangement Fee for works over £500:7.5% of net cost

  • Arranging access and assessing costs with contractor;
  • Ensuring work has been carried out in accordance with the specification of works
  • Arrangement fee for refurbishments over £2000 10% of net cost
  • Arranging access and assessing costs with contractor;
  • Ensuring work has been carried out in accordance with the specification of works

Rent Review Fee:£30 (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
  • Serve Section 13 Notice if tenancy is on a rolling monthly basis

Renewal Fee (landlords share):£90 (inc VAT)

  • Contract negotiation, amending and updating terms and arranging a further tenancy and agreement
  • Consultancy Fee £60 (inc VAT per hour
  • Court Attendance £60 (inc VAT) per hour
  • Preparation of documentation for County Court proceedings £60 (inc VAT) per hour
  • Amending a Tenancy Agreement as requested by your Solicitor £60 (inc VAT) per hour
  •  Instructing contractors where we do not manage a property £6 (inc VAT) per hour
  • Providing duplicate statements £6 (inc VAT) per statement
  • Providing Rent and Legal protection cover (FM service only) 3% of the monthly rent

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

Client money protection (cmp) provided by: ARLA

Independent redress provided by: TPOS

Additional Fees:

LANDLORD FEES

ALL PRICES INC VAT

UN-FURNISHEDINVENTORYUPDATE BETWEEN TENANCIES
Studio £114.00 £84.00
1 Bed £126.00 £96.00
2 Bed £132.00 £102.00
3 Bed £150.00 £120.00
4 Bed £168.00 £132.00
5 Bed £180.00 £150.00

 

PART FURNISHEDINVENTORYUPDATE BETWEEN TENANCIES
Studio £114.00 £90.00
1 Bed £126.00 £102.00
2 Bed £156.00 £120.00
3 Bed £156.00 £120.00
4 Bed £174.00 £138.00
5 Bed £186.00 £150.00

 

FURNISHEDINVENTORYUPDATE BETWEEN TENANCIES
Studio £120.00 £96.00
1 Bed £138.00 £108.00
2 Bed £144.00 £114.00
3 Bed £162.00 £132.00
4 Bed £180.00 £144.00
5 Bed £198.00 £156.00

 

FLOORPLANS 
1 & 2 Bed £60.00
3 Bed £72.00
4 Bed £90.00
5 Bed £102.00

 

EPC 
£75.00 VAT NOT APPLICABLE

 

  • IN ADDITION MOTOR MILEAGE FEES MAYBE APPLICABLE
     
  • PROPERTIES IN EXCESS OF £2,000PCM RENT. INVENTORY FEE – 10% OF MONTHLY RENT. UPDATE FEE – 7.5% OF MONTHLY RENTAL