Additional Landlord Fees and Charges

Managed Setup Fee £354 (£295+vat):

  • Agree the market rent and find a tenant in accordance with landlord guidelines.
  • Advise on refurbishment.
  • Provide guidance on compliance with statutory provisions and letting consents
  • Carry out accompanied viewings (as appropriate)
  • Market the property and advertise on relevant portals
  • Erect board outside property in accordance with Town and Country Planning Act 1990
  • Advise on non-resident tax status and HMRC (if relevant)
  • Compile inventory
  • Register deposit with appropriate scheme

Inventory Fee - dependant on property size, furnishing and outbuildings (charged on non-managed properties only)

Deposit Registration Fee - £30 (£25 plus VAT) charged on non-managed properties

  • Register landlord and tenant details and protect the security deposit with a Government authorised Scheme.
  • Provide the tenant(s) with the Deposit Certificate and Prescribed Information within 30 days of the start of tenancy.

Arrangement fee for works over £500: 10% of net cost

  • Arranging access and assessing costs with contractor(s)
  • Ensuring works have been carried out in accordance with specification of works
  • Retaining any warranty or guarantee as a result of the works

Renewal fee £66 (£55 plus VAT) charged on non-managed properties only

  • Contract negotiation, amending and updating term and arranging a further tenancy and agreement

Checkout fee £60 (£50 plus VAT) charged on non-managed properties only

  • Agree with tenant check out date and time appointment
  • Instruct inventory provider to attend
  • Negotiate with landlord and tenant any disbursement of the security deposit
  • Return deposit as agreed with landlord and tenant to relevant parties
  • Remit any disputed amount to Scheme for final adjudication
  • Unprotect security deposit
  • Instruct contractors; obtain quotes; organise repairs/replacements/cost of any broken or missing items

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