Information regarding landlord fees in Devizes

Service Options

Full Tenancy Management: Start-up fee of £360 (inc VAT) plus ongoing 15% (18% inc VAT) of the rent payable.

Tenant Find/Let Only: An amount equal to one month’s rent (plus VAT, minimum £900) payable per letting.

Other Charges

Inventory & Schedule of Condition Report:

BedroomsUnfurnishedFurnished
1£140£160
2£170£190
3£200£230
4£220£250
5+£240+£270+

 

Fees for Additional & Optional Services

Rent Guarantee & Legal Protection:3.9% (inc VAT) of Rent Due
Professional Hourly Rate:£120 Per Hour (inc VAT)
Property Waiting Time Hourly Rate£60 Per Hour (inc VAT) where Agent has a staff member attend property with and/or wait for contractor, or other similar purpose by prior arrangement or in event of emergency
Applicant/Guarantor References
(Up to 2 Included in Start-Up Fee):
£60 Per Person (inc VAT)
Deposit ComplianceFor deposit collection; registration in approved protection scheme; submitting initial deposit deduction claims only (where applicable) on behalf of landlord
* £12 (inc VAT) per quarter per tenancy – Full Management
* £72 (inc VAT) one-time charge per tenancy – Tenant Find/Let Only
Preparation of Statutory
Declaration
£60 (inc VAT) including solicitors’ swear fee
& postage costs
Alternative Dispute
Resolution (ADR)
£180 (inc VAT) for preparation of
paperwork for ADR Claims
Non-resident landlord HMRC reporting & Tax Payment
(No HMRC Approval)
£60 (inc VAT) per quarter to include tax collection, onward payment to HMRC & required quarterly reporting & reconciliation
Non-resident landlord HMRC reporting (With HMRC Approval)£12 (inc VAT) per quarter to include required reporting & reconciliation
Landlord declines proceedable Tenant£60 (inc VAT) where a Landlord initially authorises Agent to process an applicant but subsequently declines to enter tenancy agreement with proceedable tenant
Duplicate statements£12 (inc VAT) per copy provided
Annual statement£24 (inc VAT) per annual statement produced
Duplicate Agreements£36 (inc VAT) per document
Insurance claim handling12% (inc VAT) of cost of works before VAT
Property worksAn arrangement fee of 12% (inc VAT) of the total cost of any works required at a property in excess of £250
Re-signing£240 (inc VAT) payable where The Agent, with your agreement, arranges a renewal of tenancy to an existing tenant
Void management£60 (inc VAT) per week payable four weekly in advance
Tenancy addenda£60 (inc VAT) per addendum prepared for inclusion with tenancy agreement
Additional Property Visits£60 (inc VAT) where additional property visits are required or are requested by Landlord
Introduction of purchaser1.5% of the sale price (inc VAT) where we have negotiated the sale to your tenant or other party

Post Letting Service
Inventory Check (Including report)
* Full Management:  £180 (inc VAT)
* Tenant Find/Let Only:  £330 (inc VAT) per report

Commissions

We may also receive commissions or administrative fees from insurance companies, referencing companies, utility providers and contractors. Where we do, these do not constitute additional fees to our customers but rather are amounts paid to us by those third parties.

Cancellation

Where Full Management service is cancelled by the Landlord during the tenancy and the tenant remains in occupation (including any extensions) two months’ notice is required and a fee equivalent to one month’s rent (inc VAT) is payable to the Agent.

Client Money Protection

We hold Client Money Protection Insurance through Propertymark.

* All prices subject to change upon written notice

* Where applicable, charges are subject to the current rate of VAT

CMP Certificate
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Arrange a free 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.

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