Landlord Fees

*Fully Managed Service*

Tenancy set-up fee - 60% (including VAT) of a full month’s rent
Monthly management charge –14.4% (including VAT)
Inventory cost (per tenancy) - £115.20 (including VAT)
Registration of security deposit - £28.80 (including VAT)
Tenancy renewal fee - 30% (including VAT) of a full month’s rent

*Rent Collection Service*

Tenancy set-up fee - 60% (including VAT) of a full month’s rent
Monthly management charge - 12% (including VAT)
Registration of security deposit - £28.80 (including VAT)
Tenancy renewal fee - 30% (including VAT) of a full month’s rent

*Tenant-Find Service*

Tenancy set-up fee - 90% (including VAT) of a full month’s rent
Registration of security deposit - £28.80 (including VAT)

Tenant Fees

Letter re: breach of tenancy - £20 inc VAT
Late rent charge - From day 8 onwards, a daily charge equivalent to the Bank of England base rate + 3%.
Replacement key(s)/fob(s)/parking permit(s) charge - The actual cost of key(s)/fob(s)/parking permit(s)
Letter re: unreturned key(s)/fob(s) following temporary loan - £15 inc VAT
Missed appointment charge - £50 inc VAT
Call-out as a direct result of tenant action - £40 inc VAT + contractor/tradeperson’s call-out, labour and/or materials charge.
To end fixed-term early and CPS Homes required to find replacement tenant(s) - 60% of a full month’s rent, subject to the agreement of the landlord. This is the equivalent cost a landlord would typically pay for the sourcing and securing of new tenants.
To end fixed-term early and occupants source adequate replacement occupant(s) - £120 up to two occupants, plus £50 for every additional occupant. Subject to the agreement of the landlord. Last updated at 14/07/2021, 11:23 AM by Gemma

Last updated at 9:27 AM 13/07/2021 by Gemma