Our Expert Landlord Services And Fees in Colchester
Full management
Initial set up fee – 84% of the first month’s rent, inclusive of VAT
Monthly management commission 12% inclusive of VAT of each month’s rent, deducted from the rent as received. Tenancy Agreement and Referencing charges listed under Other Charges.
Inventory service and check out report service £125 to £250 inclusive of VAT depending on the size of the property
Tenant find only
102% inclusive of VAT of one month’s rent payable for each letting to a tenant introduced by The Agent. £50 (inclusive of VAT) Deposit Registration. 30% of one month’s rent (inclusive of VAT) Tenancy Renewal fee. Payable on commencement of tenancy and deducted from the rent collected at the commencement of tenancy.
Tenant find plus
120% inclusive of VAT of one month’s rent payable for each letting to a tenant introduced by The Agent. Payable on commencement of tenancy and deducted from the rent collected at the commencement of tenancy, plus £150.00 inclusive of VAT paid upfront for the arrangement of the inventory and schedule of condition and pre-tenancy checks (Electrical Installation Condition Certificate (EICR), Landlord’s Gas Safety Record, Energy Performance Certificate (EPC), PAT test if required); Tenancy Agreement. This fee does not include the cost of the certificates, which require payment in advance.
Letting and rent collection
Initial set up fee one month’s rent inclusive of VAT
Monthly commission 5% inclusive of VAT of the rent, deducted from the rent as received
Introduction only service
£300 inclusive of VAT payable for each letting where the tenant is introduced through the Agent
In the event of cancellation during a tenancy the minimum fee that would be payable is the agreed Let Only fee listed above, plus other costs incurred, including a reasonable fee for the time management which has been provided. These costs might include the number of months of management service that has been provided and any disbursements such as arranging the EPC, the Gas Safety Record or other works.
Only required where the fee is to be a percentage of the rent
Other charges
Referencing £40 inclusive of VAT per applicant
Tenancy Agreement Managed / Non Managed £225 / £275 inclusive of VAT
Politically Exposed Persons (PEP) and other Anti Money Laundering checks £36 inclusive of VAT
Land Registry checks £25 inclusive of VAT
Annual inflation adjustment fee £100 inclusive of VAT
Mid-Term Tenancy Alterations Managed / Non Managed £225 / £275 inclusive of VAT
Tenancy Renewal Fee Managed / Non Managed £225 / 30% of one month’s rent, inclusive of VAT
New Tenancy Administration (without marketing) £500 inclusive of VAT payable up front
Property inspections / Empty Property Visits: £84.40 inclusive of VAT
Inventory service – prices vary depending on the property size and contents
Section 13 Notice Managed / Non Managed £120 / £175 inclusive of VAT
Rent Tribunal Representation £225 inclusive of VAT
Duplicate Statements: £5.00 inclusive of VAT per copy provided
Refurbishment handling fee: 12% inclusive VAT of cost of works before VAT
Furnishing administration fee: 12% of the cost of the furniture inclusive of VAT
Insurance Claim Handling Fee 12% inclusive VAT of the claim
Bailiff paperwork handling fee: £84.40 inclusive of VAT
Professional hourly rate: £72 inclusive of VAT per hour
Deposit release administration charge for non-managed clients £180 inclusive of VAT
Tenancy Deposit Dispute Fee Managed Clients Only: £150 Inclusive of VAT
Landlord Withdrawal Fee £400 inclusive of VAT to cover marketing and tenancy set up should the landlord withdraw from the tenancy before it has started.
Short Term Property Management service 15% inclusive of VAT of the monthly rent paid up front + £150 float held on account for call outs / emergencies
Key cutting administration fee £36 inclusive of VAT
Gas Safety Certificate £120 inclusive of VAT
Electrical Installation Condition Report (EICR) £192 inclusive of VAT
Energy Performance Certificate (EPC) £120 inclusive of VAT
Portable Appliance Testing (PAT) please ask a staff member for current costs dependant on number of appliances to be tested. £20 per appliance
Legionella Check £100 inclusive of VAT
White Goods Manuals £20 inclusive of VAT Per manual
Section 21 Notice for Managed / Non-Managed clients £150 / £180 inclusive of VAT
Court attendance fee £420 (inclusive of VAT) per day or part thereof
Statutory Declaration (solicitor’s fee; DPS completion of forms; DPS postage £72 inclusive of VAT
Rent Guarantee and Legal Expenses Insurance 4% of the rent inclusive of VAT
Overseas Landlord’s HMRC Quarterly Administration Fee £25 inclusive of VAT
Negotiating Deposit deductions for non-managed client £300 inclusive of VAT
Solicitor / bailiffs administration fee £250 inclusive of VAT
Bespoke management service available upon request, a service tailored to a client’s needs.
Other services
Rent Guarantee & Legal Insurance. For more information on our Rent Guarantee and Legal Insurance, please contact the office on 01206 364444 or email [email protected]
We are a member of The Property Ombudsman redress scheme and we hold Client Money Protection through Propertymark Accreditation Number A2693.
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Market Appraisal
If you’re a landlord, looking to let or you’re just interested in how much your property might be worth, the best way to get an accurate and detailed understanding is through a free one-to-one appraisal with one of our experienced local agents. Request an appraisal with us using the form below.