Vendor Fees

Our Vendor fees are tailor made to the property and service required

Our fees start from £999 Inclusive of VAT

Landlord Fees

Landlord Charges

Addition Fees and Charges
• Set Up Fee £240 (inc VAT) for Managed services
• Admin involved in the Tenancy £54.00 (inc VAT)
• Deposit Protection legislation £48.00 (inc VAT)
• Duplicate Statements £30.00 (inc VAT) per copy
provided
• Professional hourly rate £60.00 (inc VAT) per hour
• Tenancy Renewal Fee £100.00 (inc VAT) for fully
managed
• Tenancy Renewal Fee £150.00 (inc VAT) for let-only
• Section Notices £90.00 (inc VAT)
• Legionnaires Assessment £45.00 (inc VAT)

Inventory Fee And Post Checkout Fee:
This is dependant on the property size and is as follows:

Unfurnished Properties-
• 1 or 2 bedrooms £95.00 (inc VAT)
• 3 or 4 bedrooms £125.00 (inc VAT)
• 5 or more bedrooms £175.00 (inc VAT)

Part/ Fully Furnished Properties-

• 1 or 2 bedrooms £120.00 (inc VAT)
• 3 or 4 bedrooms £150.00 (inc VAT)
• 5 or more bedrooms £200.00 (inc VAT)

Deposit Dispute Service:
This service will be charged at our professionally hourly rate of £60 Inclusive Of VAT

Arrangement Fee For Maintenance Works
This fee is based on the value of the works to be completed. It is the value plus 18% including VAT, example, works invoice is £100. The landlord will pay £100 + 15%= £115 +VAT making the total £138.00

Cancellation
Where Full Management service is cancelled during the tenancy (including any extensions) a fee of 1 months rent (inc VAT) will continue to be payable along with 3 months notice period.

We are able to tailor make packages that suit your personal requirements, please ask in store for more information.

The information supplied above is correct as of 01st June 2019

Fully Managed Service 10% +VAT (12% including VAT)
• Collect and remit the monthly rent received
• Pursue non- payment of rent and provide advice on
rent arrears action
• Deduct commission and other works
• Advise relevant utility providers of change
• Undertake quarterly inspection visits and update the
landlord
• Arrange routine repairs and instruct approved
contractors
• Hold Keys throughout tenancy term
• Make relevant HMRC deduction and provide NRL8 (if
relevant)
• Reference tenants
• Provide inventory via ipad
• Take and register deposit

Let Only Service £450 including VAT
• Collect and remit initial months rent received
• Deduct any pre tenancy invoices
• Advise relevant utility providers of change
• Hold keys throughout tenancy term
• Make relevant HMRC deduction and provide NRL8 (if
relevant)
• Reference tenants
• Provide inventory via ipad
• Take and register deposit

Tenant Fees

Tenant Charges

In addition to paying the rent, you may also be required to make the following payments permitted under the Tenant Fees Act 2019.

Before the tenancy starts (payable to Belvoir ‘the Agent’):
Holding Deposit: 1 week’s rent
Deposit: Equivalent to 5 week’s rent

During the tenancy if permitted and applicable:
Utilities – gas, electricity, water and sewerage
Communications – telephone and broadband
Installation of cable/satellite
Subscription to cable/satellite supplier
Television licence
Council Tax

Other permitted payments:
Any other permitted payments, not included above, for breaches of contract or under the relevant legislation including contractual damages. These may include reasonable costs or losses incurred for loss of keys, security devices and changes to the tenancy agreement or early termination, if the Landlord agrees they can be made, up to the permitted limits.

Late Rental Payment:
Will incur a 3% charge above the base rate of Bank of England per day on the outstanding amount after 14 days

Lost Keys or Security Devices:
-Standard Door Key £12 Inclusive Of VAT per Key
-Specialist Door Key £30 Inclusive Of VAT per Key
-Key Fob £60 Inclusive Of VAT per Fob
-Hourly Rate to arrange new Keys or Security Devices £30 inclusive of VAT per hour

Changes To A Tenancy:
Any changes to a tenancy while in tenancy will be charged at £50 Inclusive of VAT.
Changes include, but not limited to the below:
-Pets to be kept in the property
-Change of Sharer
-Permission to sub-let
-A business runs from the property
-Any other amendments that alter the obligations of the agreement

Early Termination:
When an early termination is required from an agreement the cost of this to the tenant will be £350 inclusive of VAT

Tenant Fees for pre 1st June 2019 tenancies

Explanation of our tenant fees permitted under the Tenant Fees Act 2019 transitional provisions, where fees are written into existing tenancy agreements. These apply to all tenancy agreements granted or signed and executed before 31st May 2019, and can be charged up until 31st May 2020, these fees are listed below:
Check out inventory:

Unfurnished Furnished
1-2 Bed £60 inc VAT £84 inc VAT
3-4 Bed £72 inc VAT £96 inc VAT
5+ Bed £84 inc VAT £108 inc VAT

New landlord reference £30.00 (inc VAT)
Late Payment Fee £12.00 (inc VAT)
Extra copies of tenancy agreement £30.00 (inc VAT)
Cash Handling Fee £12.00 (inc VAT)
Pet Licence Fee £50.00 (inc VAT)
Refund of overpaid rent £30.00 (inc VAT

Tenant Protection

Braich Investments Ltd Trading as Belvoir is a member of NALS (The National Approved Letting Scheme) which is a client money protection scheme, and also a member of The Property Ombudsman, which is a redress scheme. You can find out more details on our website or by contacting us directly. Last updated at 06/06/2019, 3:14 PM by Bobby Singh