Scale of Letting Fees
WE NEVER WANT THERE TO BE ANY SURPRISES FOR OUR TENANTS WHEN IT COMES TO FEES AND BELOW ARE THE SET FEES FOR TENANTS.
Lettings Fees
Fees apply to all tenancies
We may charge a tenant any or all of the following as applicable:
- The rent;
- A security deposit of 5 weeks' rent, or 6 weeks on a property where the rent is over £50,000 a year;
- A holding deposit of 1 week’s rent;
- If rent is more than 14 days late, default fees for late payment;
- Reasonable charges for lost keys or security fob;
- £50 or reasonable costs incurred if higher, associated with a variation to the contract when requested by the tenant;
- Payment of utility, communication services, council tax, TV licence, green deal and services.
Please ask for a copy of our Applicant Guidance Notes when enquiring about available properties.
Bonds are held in the Deposit Protection Service (DPS) Custodial Scheme.
Landlord Fees
Letting and Full Management Service (prices are inclusive of VAT):-
Set Up Fee: £450
Monthly Management Fee:
- 12% - 1st property
- 10.8% - 2nd property
- 9.9% - 3rd and subsequent properties
What's included:
- Market Rental Assessment
- Quality photos and floor plans
- Arrangement of Energy Performance Certificate (EPC)
- Marketing of property to registered applicants
- Internet Advertising
- Arranging and Accompanying viewings
- Erecting a “To Let” board
- Professional Tenant Referencing
- Right to rent checks of anyone who will be living at the property aged 18 or over
- Preparation and signing of the Tenancy Agreement
- Arrangement of safety certificates
- Arrangement of Legionella Risk Assessment
- Arrangement Professional Inventory and Schedule of Property Condition
- Testing of smoke and carbon monoxide alarms at check in
- Monthly collection of the rent and itemised statements with invoices for any works attached
- Collection of Bond, protect in a secure government scheme and issue prescribed information
- Quotes provided for Rent Warranty and Legal Expenses Cover
- Quotes provided for Landlords Buildings Insurance
- Tenant Check In at the commencement of the Tenancy
- Notifying the Utility Companies at the commencement and end of a Tenancy
- Pursuance of arrears, debt control and recovery
- Reporting of repairs/maintenance issues and arranging quotes
- Routine property inspections including report with photos
- Regular contact with the Tenants
- Retention of spare key in case of emergencies
- Tenant 24 hour emergency contact number
- Serving of notices
- Annual rent review
- Tenancy Renewal (additional charge)
- PropertyFile – online portal where can see viewing feedback, access all statements, view repairs
- Tenant Check Out at the end of Tenancy
- Deal with tenancy deposit scheme at the end of the tenancy to release the bond (additional charges apply in the event of a dispute that has to be referred to the arbitration service).
Other Fees:
Fee Description | Amount (inclusive of VAT) |
Inventory (unfurnished) | 1-2 bed £120 3-4 bed £150 4 bed £180 5 or more beds – quote upon request |
Inventory (furnished) | 1-2 bed £222 3-4 bed £252 4 bed £276 5 or more beds – quote upon request |
Re-let Set Up Fee | £330 |
Inventory update (subject to no major changes, i.e. full redecoration) | 1-2 bed £60 3-4 bed £75 4 bed £90 5 or more beds – quote upon request |
Take over an existing tenancy – set up fee | £240 |
Land Registry Search (proof of ownership) | £15 |
Duplicate Statements | £6 per statement |
Non-resident landlord charge | £36 per quarter |
Tenancy Renewal | £72 |
Rent Guarantee | £288 per annum or £24 a month |
End of tenancy dispute charge – Post checkout if the landlord and tenant can’t agree on deductions from the bond and the case is referred to the arbitration service. This fee covers the preparation of evidence and submitting the case. | £120 |
Gas safety certificate – approx. cost £60 | As charged by contractor |
Gas safety certificate with boiler service at the same time - approx. £102 | As charged by contractor |
Electrical Installation Certificate – approx. £160 | As charged by contractor |
Legionella Risk Assessment | £35 |
EPC | £110 |
Property Purchase – If a tenant makes an offer on their rental property and the Landlord wishes us to carry out negotiations and process the sale | 1% (Minimum fee £1000) |
Property visits outside routine inspections | £72 per visit |
Void Periods - inspecting the property (outside the usual course of marketing) | £72 per visit |
Attending Court | £150 per hour |
Obtaining additional contractor quotes (If more than 2 contractor quotes are required by the landlord for maintenance work). | £30 per quote |
Arrangement fee for refurbishments over £1,000 | 6% of total invoices |
Withdrawal fee – when a landlord terminates an agreement after a tenant has been found but before tenancy commences | Set up fee + referencing costs + inventory + Tenants out of pocket expenses |
Withdrawal fee (see T&Cs for details) When a landlord terminates an agreement and the tenant remains at the property. The fee includes transferring the bond and advising the tenant of its status | 2 months’ notice + £180 admin fee |