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Southampton | Landlord Fees

Belvoir Southampton & Chandler's Ford provides three level of services to Landlords - Full Management, Let & Rent Collection and Tenant Find Only.
Please find brief details of each service and the relevant fees.   

All fees are inclusive of VAT @ 20% unless otherwise noted.

 

Full Management

Provision of the Belvoir services as detailed in the Landlord Terms of Business which includes:

  • Advertise the property on the Belvoir website & all the major property portals
  • Accompanied viewings
  • Referencing of prospective tenants
  • Prepare all tenancy agreements and documents
  • Personal check in at the property
  • Utility switch over including council tax
  • Receiving & processing of monthly rent & chasing late rent when required
  • Providing monthly statements of income & expenditure
  • Periodic property inspections with full report & photographs
  • Repairs & maintenance handling & co-ordination
  • Ensuring the Property remains compliant with relevant legislation e.g. Landlord Gas Safety Record
  • Re-letting process

Costs:

12% per month deducted from the rent as received, plus a start up fee of 42% of the first month’s rent subject to a minimum of £420 deducted from the first month’s rent as received.

Let & Rent Collection

Provision of the Belvoir services as detailed in the Landlord Terms of Business which includes:

  • Advertise the property on the Belvoir website & all the major property portals
  • Accompanied viewings
  • Referencing of prospective tenants
  • Prepare all tenancy agreements and documents
  • Personal check in at the property
  • Utility switch over including council tax
  • Receiving & processing of monthly rent & chasing late rent when required
  • Providing monthly statements of income & expenditure

Costs:

9% per month deducted from the rent as received, plus a start up fee of 42% of the first month’s rent subject to a minimum of £420 deducted from the first month’s rent as received.

Tenant Find Only

Provision of the Belvoir services as detailed in the Landlord Terms of Business which includes:

  • Advertise the property on the Belvoir website & all the major property portals
  • Accompanied viewings
  • Referencing of prospective tenants
  • Prepare all tenancy agreements and documents
  • Personal check in at the property
  • Utility switch over including council tax
  • Receiving & processing first month's rent
  • Providing first month statement of income & expenditure.

Costs:

6 month let - £600 including VAT
12 month let - £750 including VAT
HMO Properties - £1,000 including VAT
payable for each letting where The Tenant is introduced by The Agent
A non-refundable advance payment of £250 including VAT is payable on instructing Belvoir to market the property.  The balance is payable on commencement of the tenancy and deducted from the rent collected at the commencement of the tenancy.
Please note Belvoir Southampton provide their Tenant Find Service on a sole agency basis only.

 

SUNDRY ITEMS 

 

Inventory

Prices vary according to the size of the property and start at £90

Deposit Registration

£42 payable at the beginning of the tenancy
– this is not an annual fee

Tenant Check Out & Deposit Return

Full Management £150
Tenant Find & Let/Rent Collect £250
 

DPS Adjudication

Full Management £75
Tenant Find & Let/Rent Collect £150
 

Rent Warranty

2% of the monthly rent subject to a minimum of £18 per month

Tenancy Renewal

£150 – payable only were a new fixed term is agreed

Charges may apply for additional services provided and these are detailed in the Landlord's Terms of Business

       

Cancellation

If you cancel within the 14-day cancellation period then any fees paid will be reimbursed in full and you will not incur any fees as a result of the reimbursement. However, if you have asked Belvoir to begin the performance of services during the cancellation period, you remain liable for an amount which is in proportion to what has been performed until your cancellation notice was received.

Where Belvoir are instructed to let a property and marketing has begun, should the landlord cancel the service prior to a tenant being found there is a cancellation fee of £250.

Where Belvoir are instructed to let a property and a tenant is found, should the landlord cancel the service prior to the check in, a cancellation fee equal to the current Tenant Find Fee will be payable plus other costs incurred e.g. inventory.

Where Full Management or Letting and Rent Collection service is cancelled during the tenancy (including any extensions either a new fixed term or monthly periodic) a fee of £500 inclusive of VAT will be payable.

 

Belvoir Southampton & Chandler's Ford is a member of the Property Ombudsman (TPO) for Lettings Redress Scheme under membership number D8808.
For details of the scheme please visit the TPO website: www.tpos.co.uk

Belvoir Southampton & Chandler's Ford has Client Money Protection and is a SafeAgent member

Whatever lettings service you may need Belvoir Southampton & Chandler's Ford is here to help you every step of the way.