Landlord Fees

SERVICE OPTIONS:

LET ONLY                                       

To market your property we will:

Ensure we note full details of your wishes with respect to the letting.

Provide you with advice and assistance on protecting your property and rental incomeSearch our database to find a tenant match

Place your property details on our national website and appropriate portal sites, all of which we will monitor and update daily

Effect appropriate advertising of your property through local newspaper media, by board erection, from our business premises and through direct mailing to local businesses

Conduct accompanied tenant viewings at your property, giving you full feedback on each occasion

On finding a potentially suitable tenant we will carry out credit and status checks

Keep you advised of progress throughout all processes

Gain your approval of the tenant and official consent to proceed

Draw up and agree with you the Tenancy Agreement and Conditions

Carry Out a Detailed Inventory/Statement of Condition on the property prior to the tenant moving in

Arrange buildings and contents and/or rent and legal insurance cover as requested

Collect all advance monies from the tenant

Inform all the utilities of the change of occupant, together with meter readings

Request deposit from tenant in form of bankers draft made payable to the landlords designated deposit scheme and send onto landlord to action appropriately

Forward your monies by direct electronic transfer to your nominated bank account without delay, providing you with a statement of account and copies of all relevant documentation

Fees Applicable: One months rent (inclusive of VAT) 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.

 

FULL MANAGEMENT:

All of the above +

Deposit will lodged with our designated Tenancy Deposit Scheme and held until the end of the tenancy

Carry out periodic property visits of your property and issue you with a full follow-up report

Payment for all repairs and liabilities up to authorised limits direct from monthly rental income   

At the end of the tenancy we will:

Issue the advance legal notices as required

Advise the tenant of the required Move Out procedures

Carry out the ‘Move Out’ procedures with the tenant in attendance

Check the property against the inventory/statement of condition and inform you of any dilapidations

Organise for the return of the deposit through our designated Tenancy Deposit Scheme and if necessary deduct for any dilapidation charges

Take all meter readings and inform the utility providers as necessary

Hand over the property to you or seek a new tenant as instructed

Fees Applicable: Start-up fee of £240 (inclusive of VAT) plus 12% (inclusive of VAT) of the rent, deducted from the rent as received (to be agreed on appraisal)

 

Other Charges

Admin involved in the Tenancy Deposit Protection legislation:  £72 (inclusive of VAT) – included in Full Management

Preparation of paperwork for Alternative Dispute Resolution:  £0 (inclusive of VAT)

Duplicate Statements:  £0 (inclusive of VAT) per copy provided

Insurance claim handling fee:  0% inclusive VAT of cost of works before VAT

Professional hourly rate:  £54 (inclusive of VAT) per hour

Re-signing fee:  £0 (inclusive of VAT) payable where The Agent, at your request, arranges a renewal of tenancy to an existing tenant

Void management fee:   £60 (inclusive of VAT) per week payable four weekly in advance of requirement

Post Letting Service

(Inclusive with our “Full Management” service)

Tenant move out and Inventory Check (including damage report)::  £240 (inclusive of VAT)

All prices subject to change after two months’ written notice

Cancellation

Where Full Management or Letting and Rent Collection service is cancelled during the tenancy (including any extensions) the full management fee must be paid to the end of the current tenancy agreement (minimum of three months management fee is payable). Three months management fees will be payable where the tenancy is periodic.
Where applicable charges are subject to the current rate of VAT

Where a Let Only service is cancelled when we have found a ready, willing and able tenant to move in, a cancellation fee of £150 (inclusive of VAT) is payable.

All prices subject to change after two months’ notice.

 

Belvoir Liverpool West Derby is a member of ARLA, Safe Agent and The Property Ombudsman Scheme.

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