Landlord Fees

12%inc VAT - Let Only (Contact us for current promotional rates)
15%inc VAT - Rent Collection (Contact us for current promotional rates)
17.4%inc VAT - Fully Managed (Contact us for current promotional rates)
Deposit Registration Fee - £30 inc VAT
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:

• Energy Performance Certificate (EPC) £__102__ (inc. VAT)
per tenancy
• Gas Safety Certificate (GSR) £_75__ (inc. VAT) per tenancy
• Electrical Installation Condition Report (EICR) Dependant on property size
• Portable Appliance Testing (PAT) £___ (inc. VAT) Dependant on property size/amount of appliances to be tested
• Legionella Risk Assessment (Dependant on property size)
• Installing Smoke alarms and Carbon Monoxide £_35__ (inc. VAT) per alarm, per tenancy
• Testing Smoke alarms and Carbon Monoxide detectors on the first day of the tenancy - included in cost of inventory report and check in.
• Handling local authority licensing application £250 (inc. VAT) per tenancy
• Visual check in compliance with the Homes Act 2018
on the first day of the tenancy - included in inventory and check in cost.
DURING TENANCY FEES

Additional Property Visits: £_25__ (inc. VAT) per hour, 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.

Renewal Fees: £_250__ (inc. VAT) per tenancy. Plus % fee as per agreed terms of business.
Contract negotiation, amending and updating terms and arranging for the signing of a further tenancy agreement.

Rent Review Fees: Included in renewal fee.
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.

Right-to-Rent Follow-Up Check: Included in renewal fee.
Undertaking a repeat check in person on a time-limited visa in accordance with the Immigration Acts 2014 and 2016. Notifying the Home Office should an illegal overstayer be identified. This does not apply to a Tenant-Find service.

Landlord Withdrawal Fees (during tenancy): £__250_ (inc. VAT) per tenancy. To cover the costs associated with advising the tenant on the change and the position of the security deposit, transferring the security deposit to the landlord or new agent, notifying all utility providers and local authority (where necessary) and returning all relevant documents held by
the agent to the landlord. This does not apply to a
Tenant-Find service.

FINANCIAL CHARGES

Interest on Unpaid Commission: _8__% above the Bank of England Base Rate from Due Date until paid.

Contractor Commission: __0_% of contractors invoice (inc. VAT). To cover the costs associated with arranging and facilitating the visit of a vetted professional tradesperson.

Submission of Non-Resident Landlords receipts to HMRC
£__25_ (inc. VAT) quarterly. To remit and balance the financial Return to HMRC on both a quarterly and annual basis.

Additional HMRC Reporting Fees: £_25__ (inc. VAT) per request.
Responding to any specific queries relating to either the quarterly or annual Return from either the landlord or HMRC.

Fees for providing an Annual Income and Expenditure Schedule: £__0_ (inc. VAT) annually.

Same-Day Payment Fees: £__5_ (inc. VAT) per payment.
Should the landlord request a payment faster than the agreed timescales within their existing Terms of Business, this covers the costs of providing a same-day payment service.

Tenant Fees

Holding Deposit (per tenancy) One week’s rent. This is to reserve a property. Please Note: This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).

Security Deposit (per tenancy. Rent under £50,000 per year) Five week’s rent.This covers damages or defaults on the part of the tenant during the tenancy.

Security Deposit (per tenancy. Rent of £50,000 or over per year) Six week’s rent. This covers damages or defaults on the part of the tenant during the tenancy.

Unpaid Rent - Interest at 0.75% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.

Lost Key(s) or other Security Device(s) - Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant.

Variation of Contract (Tenant’s Request) - £50 (inc VAT) per agreed variation. To cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents.

Change of Sharer (Tenant’s Request) - £50 (inc. VAT) per replacement tenant. To cover the costs associated with taking landlord’s instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.

Early Termination (Tenant’s Request) - Should the tenant wish to leave their contract early, they shall be liable to the landlord’s costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy. Last updated at 22/04/2021, 4:04 PM by richard jennings

Last updated at 11:03 AM 19/07/2017 by richard jennings