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Enfield | Landlord Fees

Landlord Fees

Below is the full scale of charges for Landlords.

  1. Tenant Find Service: £360 (inc VAT) payable for each letting where the tenant is introduced through the Agent
  2. Let Only Service: 8.4% (incl VAT) of the annual rent received, deducted by the Agent at the commencement of the tenancy.
  3. Letting and Rent Collection Service: 9.6% (incl VAT) of the rent received, deducted by the Agent on a monthly basis from the rent collected.
  4. Full Management Service: 12% (incl VAT) of the rent received, deducted by the Agent on a monthly basis from the rent collected.

The fees under the above services are payable when any individual or organisation enters into an agreement to rent the Property as a result of our promotion, introduction, or viewing by the Agent.

Additional Charges

Set-up fee: £300 (incl VAT)

  • Agree market rent and find a tenant
  • Advise on refurbishment
  • Provide guidance on compliance with statutory provisions and letting consents
  • Carry out accompanied viewings
  • Market the property
  • Erect board outside property in accordance with Town and Country Planning Act 1990
  • Advise of non-resident tax status and HMRC

Inventory Service: from £108 (incl VAT)

  • Price dependent on number of rooms, size of property and furnishings

Deposit Registration fee: £0

Additional property visits: £60 (incl VAT) per visit

  • To attend for specific requests e.g. neighbour disputes (4 visits included as standard per annum)

Submission of non-resident landlords receipts to HMRC: £0

Arrangement fee for works over £500, 6% (incl VAT) of net cost.

  • Arranging access and assessing costs with contractor
  • Ensuring work has been carried out in accordance with the specific works
  • Retaining warranty and guarantee for works completed

Arrangement fee for refurbishments over £500, 6% (incl VAT) of net cost.

  • Arranging access and assessing costs with contractor
  • Ensuring work has been carried out in accordance with the specific works
  • Retaining warranty and guarantee for works completed

Rent review fee: £0

Renewal fee: £240 (incl VAT)

  • Payable where renewal is requested by the landlord

Check In: £0

Check Out: £0

Duplicate Statements: £0

Professional Hourly Rate: £60 (incl VAT)

  • Charged when required to carry out any additional services