Landlord Fees

Scale of Charges and Levels of Service (inclusive of VAT)

Level of Service:

Tenant Find: 10% of the term up to a maximum 12 months
Rent Collection: 12% of the monthly rental income
Fully Managed: 14.4% of the monthly rental income

Platinum Service: (Offered on Fully Managed and Rent Collection only)
Rent level £0 - £1000 £360.00 per annum
Rent level £1001 - £2000 £432.00 per annum
Rent over £2000 £504.00 per annum

Additional Fees and Charges (Irrespective of Level of Service):

Tenancy Set Up Fee £350.00
(advise and agree market rent, marketing photos, advertise property, erect board, accompany viewings, negotiate tenancy offers, arrange tenant references, advise on Landlord obligations, current Regulations and compliance.)
Initial Tenancy Agreement £200.00
Renewal Tenancy Agreement £150.00
TDS Tenancy Deposit Service Fee £60.00 per annum
TDS Claim Submission & Defence £200.00
Inventory & Statement of Condition from £144.00
Check Out from £138.00
Check In from £94.00
Legionella Risk Assessment £100.00
Energy Performance Certificate from £120.00
Electrical Test Certificate from 210.00 Section 21 Notice Seeking Possession £84.00 Issuing Section 13 Notice Rent Increase £72.00 Obtaining estimates & supervision of works - 10% of cost of works over £2000
Hourly Rate for other works £60.00 per hour (duplication and testing of extra keys, in-between tenancies property management, extra property visits)
Minimum Fee (in case of early termination) £750.00

Tenant Fees

Tenant Fee Schedule

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 weeks’ 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 weeks’ rent. This covers damages or defaults on the part of the tenant during the tenancy.

Unpaid Rent Interest at 3% 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. If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s).

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 or any reasonable costs incurred if higher. 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 18/11/2020, 10:55 AM by Zoe Berry

Last updated at 1:00 AM 01/01/1970 by