You can download a copy of our landlord fees HERE for your records, or simply continue reading below.
LANDLORD SCHEDULE OF 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 Agreement - £150 (£125 + vat)
Addendum or Renewal Agreement - £84 (£70 + vat)
Rent Review - £48 (£40 + vat)
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
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
Landlord Rent Recovery & Legal Guarantee Cover is available. Please enquire for details.
Fees as at 1st November 2022 - VAT @ 20%.