Information regarding landlord fees in Leamington Spa

Book Valuation

As of the 27th May 2015, ALL Letting Agents in England & Wales have a duty to publicise fees.

New legislation states that ALL fees MUST be listed as INCLUSIVE OF VAT

FULLY MANAGED SERVICE

  • Monthly Management Fee: 14.2% (inclusive of VAT)
  • Start-Up Fee: £380 (inclusive of VAT)
  • Inventory Fee: £150 (inclusive of VAT)
  • Legionella Risk Assessment Fee: £40 (inclusive of VAT)

This comprehensive service includes:

  • Marketing the property across major portals, virtual viewings, and promotion on our social media platforms.
  • Full tenant referencing, including home office checks.
  • Preparation of tenancy agreements and management of the move-in process.
  • Ongoing management of the property throughout the tenancy.
  • Registration and release of tenant deposits.
  • Arranging necessary documents, such as EICR, EPC, and gas safety certificates, when due.
  • Conducting six-monthly property inspections.
  • A full professional check-out at the end of the tenancy.

 

LET ONLY SERVICE

  • Fee: 75% of the first month’s rent (inclusive of VAT)
  • Legionella Risk Assessment Fee: £60 (inclusive of VAT)

This service includes:

  • Marketing the property across major portals, virtual viewings, and promotion on our social media platforms.
  • Full tenant referencing, including home office checks.
  • Preparation of the tenancy agreement and move-in process.
  • Tenants will contact you directly for any property-related matters during the tenancy.

 

RENT COLLECTION SERVICE

  • Monthly Management Fee: 8.4% (inclusive of VAT)
  • Start-Up Fee: £150 (inclusive of VAT)
  • Legionella Risk Assessment Fee: £50 (inclusive of VAT)

This service includes:

  • Marketing the property across major portals, virtual viewings, and promotion on our social media platforms.
  • Full tenant referencing and home office checks.
  • Preparation of tenancy agreements and management of the move-in process.
  • Full rental collection.
  • Tenants will contact you directly for maintenance requests, queries, and check-out procedures.

Required Documentation to Rent Your Property:

  • Valid EPCwith a rating of E or above.
  • EICR(Electrical Installation Condition Report) – We can arrange this if you choose the Fully Managed service.
  • Gas Safety Certificate(if applicable) – We can arrange this if you choose the Fully Managed service.
  • Oil Heating Certificate(if applicable).
  • CO2 Alarm– A legal requirement from 01/10/2022.
  • Smoke Alarmon each floor.
  • HETAS Certificate and Installation Report(if the property has a log burner).

 

RENT GUARANTEE INSURANCE (please see attached leaflets for more information, this insurance is highly recommend!)

  • £30.00 per month (inclusive of VAT) for properties with rent up to £2,000 per month..
  • £42.00 per month (inclusive of VAT) for properties with rent exceeding £2,000 per month

 

BUILDINGS AND CONTENTS INSURANCE: We are happy to provide a quote if required.

INVENTORY PREPARATION FEE: Included in FULL MANAGEMENT SET-UP FEE, FOR LET-ONLY/RENT COLLECTION ; £150.00 INCL VAT

ADMINISTRATION INVOLVED IN THE TENANCY DEPOSIT PROTECTION LEGISLATION: Included in all of our services

PREPARATION OF PAPERWORK FOR ALTERNATIVE DISPUTE RESOLUTION: £100.00 INCL VAT

TENANCY RENEWAL FEE: For our Fully-Managed service: £50.00 incl VAT For Let-Only & Letting & Rent collection: £100.00 INCL VAT

TENANT MOVE-OUT: Included within our Fully-Managed Service. For Let-Only & Letting & Rent Collection: £100.00 INCL VAT

INSURANCE CLAIM HANDLING FEE: 10% + VAT of cost of works before VAT

PROFESSIONAL HOURLY RATE (ie: Court attendance): £50.00 INCL VAT

VOID MANAGEMENT FEE: £50.00 INCL VAT per week payable four weekly in advance of requirement

ADDITIONAL PROPERTY VISITS: £50.00 INCL VAT ( ie: To attend for specific requests such as neighbour disputes/more visits required to monitor the tenancy/maintenance-linked visit)

POST LETTING SERVICE: (INCLUSIVE WITHIN OUR FULLY-MANAGED SERVICE)

TENANT MOVE OUT: £72.00 INCL VAT

 

All prices can be subject to change after two month’s written notice.

CMP Certificate

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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