Landlord Fees
Landlord Information
Here at Brightestmove we always have your best interest at heart so choose us to manage your property and relax knowing you are in safe hands.
We offer a number of packages which can be adapted to suit your needs.
1. Fully Managed
New Tenancy Pack £360 including VAT and 13.2% including VAT of the month’s rent to include:
• Advise of current market and agree marketing price
• Market your property on Rightmove, Zoopla and our website
• Accompany all viewings
• Source a tenant and referencing which includes credit checks
• Offer negotiation and prepare tenancy
• Free inventory
• Quarterly inspections
• Monthly rent collection and monthly statements
• Rent arrears chasing
• Organise repairs and maintenance and provide a 24 hour emergency helpline
2. Let Only
90% including VAT (subject to a minimum fee of £540 including VAT) of the first month’s rent to include:
• Advise of current market and agree marketing price
• Market your property on Rightmove, Zoopla and our website
• Accompany all viewings
• Source a tenant and referencing which includes credit checks
• Offer negotiation and prepare tenancy
• Free inventory
• First month rent collection
The Landlord then manages the property during the tenancy collecting rent and dealing with repairs and maintenance issues.
3. Tenancy Preparation and Holding Deposit
If you already have a tenant for your property we can still write up an agreement and hold the deposit - £240 including VAT
4. Monthly Rent Collection
Collect and chase rent from tenant and transfer to you - Up to £90 including VAT (taken out of monthly rent)
5. HMO Landlord Fees
New Tenancy Pack £360 including VAT and 13.8% including VAT of the month’s rent to include:
• Advise of current market and agree marketing price
• Market your property on Rightmove, Zoopla and our website
• Accompany all viewings
• Source a tenant and referencing which includes credit checks
• Offer negotiation and prepare tenancy
• Free inventory
• Quarterly inspections
• Monthly rent collection and monthly statements
• Rent arrears chasing
• Organise repairs and maintenance and provide a 24 hour emergency helpline
Optional Fees:
• Referencing - £60 including VAT per person
• Inventory- £90 including VAT for a room
£120 including VAT for a two bedroom house
£140 including VAT for a three bedroom house
£160 including VAT for a four bedroom house
• Contract Renewal Fee (Requested by landlord) - £120 including VAT
• Gas Safety Check - £108 including VAT
• Energy Performance Certificate - £120 including VAT
• Holding & Administering Deposit - £60 including VAT
• Supplying Co2 Alarm - £50 including VAT
• Supplying and Fitting Smoke Alarm - £75 including VAT
We are members of money shield, client money protection scheme and the property ombudsman scheme and follow their code of practice which is available at www.tpos.co.uk.
Tenant Fees
Tenant Fees
AST Contract Fees Signed on or after 01 June 2019
Holding Deposit A charge equal to one weeks rent
Security/Damage Deposit A charge equal to four or five weeks rent
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 Keys or other Security Devices 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 (including VAT) for the time taken replacing lost key(s) or other security device(s).
Variation of Contract A charge of £50 including VAT
Early Release Charge A charge to cover the landlord’s fees of reletting the property and the rent due until the tenancy start date of the replacement tenancy.
Non AST Contract Fees
Company Referencing Fee £500 (No VAT)
Renewal Fee A charge of £100 including VAT
Change of Tenant Fee A charge of £100 including VAT
Tenancy Amendment Fee A charge of £100 including VAT
Check Out Fee A charge of £120 including VAT
Early Release Charge A charge to cover the landlord’s fees of reletting the property and the rent due until the tenancy start date of the replacement tenancy.
Holding Deposit A charge equal to one weeks rent
Security/Damage Deposit A charge equal to four or five weeks rent
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 Keys or other Security Devices 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 (including VAT) for the time taken replacing lost key(s) or other security device(s).
Last updated at 13/02/2023, 2:36 PM by Emily