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Manchester Chorlton | Landlord Fees

Landlord Fees

Level of Service Offered:


Tenant find: 0% of rent (Inc VAT), INCLUDES;

  • Collect and remit initial months’ rent received
  • Agree collection of any shortfall and payment method
  • Provide tenant with method of payment
  • Deduct any pre-tenancy invoices
  • Make any HMRC deduction and provide tenant with the NRL8 (if relevant)


Rent collection: 7% of rent (Inc VAT), INCLUDES:

 

  • Collect and remit the monthly rent received
  • Deduct commission and other works
  • Pursue non-payment of rent and provide advice on rent arrears actions
  • Make any HMRC deduction and provide tenant with the NRL8 (if relevant)


Fully managed: 10% of rent (Inc VAT), INCLUDES:

 

  • Collect and remit the monthly rent received
  • Pursue non-payment of rent and provide advice on rent arrears actions
  • Deduct commission and other works
  • Advise all relevant utility providers of changes
  • Undertake four inspection visits per annum and notify landlord of the outcome
  • Arrange routine repairs and instruct approved contractors (providing two quotes)
  • Hold keys throughout the tenancy term
  • Make any HMRC deduction and provide tenant with the NRL8 (if relevant)

Setup Fee (Landlords Share): £478.98 (inc VAT)

 

  • Agree the market rent and find a tenant in accordance with the landlord guidelines;
  • Advise on refurbishment
  • Provide guidance on compliance with statutory provisions and letting consents
  • Carry out accompanied viewings (as appropriate)
  • Market the property and advertise on relevant portals
  • Erect board outside property in accordance with Town and Country Planning Act 1990
  • Advise on non-resident tax status and HMRC (if relevant)


Inventory Fee - £60.00 (inc VAT):

Deposit Registration Fee: £30.00 (inc VAT):

 

  • Register landlord and tenant details and protect the security deposit with a Government authorised scheme
  • Provide the tenant(s) with the Deposit Certificate and Prescribed Information within 30 days of start of tenancy


 

Renewal Fee (landlords share) £90.00 (inc VAT)

 

  • Contract negotiation, amending and updating terms and arranging a further tenancy and agreement
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