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Sunderland | Landlord Fees

We're open and transparent with our Landlord Fees, which we feel represents good value for the excellent service we provide.

We're not the cheapest agent in Sunderland and we never will be but we strongly believe that you won't get a better service from any agent in Sunderland

Click here to read a selection of testimonials from some of our satisfied Landlords & Tenants from 2008 to-date.

Our Service Levels & Fees are as follows:

Let only:

To market your property we will:

  • Ensure we note full details of your wishes with respect to the letting
  • Provide you with advice and assistance on protecting your property
  • Search our database to find a tenant match
  • Place your property details on our national website, Rightmove & Zoopla
  • Conduct accompanied tenant viewings at your property
  • On finding a potentially suitable tenant we will carry out thorough credit and reference checks
  • We will keep you advised of progress throughout all processes

If an applicant passes our checks we will:

  • Seek your authority to proceed to offer the tenancy to the applicant
  • Carry out a full, detailed Inventory & Statement of Condition
  • Issue all the required advance legal notices
  • Draw up and agree with you the Tenancy Agreement
  • Ensure the property is ready for occupation & arrange all legally required safety checks
  • Collect all advance monies from the tenant
  • Receive a completed standing order form from the tenant for future rent payments to your nominated bank account
  • Move in the tenant
  • Inform all the Council & utility companies of the change of occupant, together with meter readings
  • Ensure the dilapidation deposit is transferred to the Deposit Protection Service and ensure the Tenant receives the required Prescribed Information within 14 days of the tenancy commencing
  • Forward the balance of rental monies to you, having deducted our fees/charges as agreed,together with copies of all relevant documentation

We have a flat Let Only fee plus a small charge to cover the additional administration required to comply with the Tenancy Deposit Scheme rules:

  • Let Only Fee: £540.00 inc VAT (£450.00+VAT)
  • Tenancy Deposit Scheme Administration fee: £60.00 inc VAT (£50.00+VAT)
  • Legionella Risk Assessment Report 1st Inspection: £54.00 inc VAT (£45.00 + VAT) Subsequent Reports: £30.00 inc VAT (£25.00 + VAT)
  • Alternative Dispute Resolution Admin: £54.00 per hour inc VAT (£45.00 + VAT)
  • Tenancy Renewal Fee: £120.00 inc VAT (£100.00 + VAT)
  • CP12 Gas Safety Certificate: £55.00 inc VAT (£45.83 + VAT)
  • Tenant Check Out Report:£90.00 inc VAT (£75.00 + VAT)

No fees are payable until we find a suitable tenant - fees will then be deducted, wherever possible, from the first month’s rent

Let & Rent Collection: (As above Let Only service plus)

  • Arrangement of rent guarantee and legal protection insurance, if appropriate
  • Monitoring and collection of all ongoing monthly rents
  • Payment of all monies received to your nominated bank account by direct transfer and issue of a monthly statement

Charges consist of an initial start up fee at the start of each tenancy plus a small charge to cover the additional administration required to comply with the Tenancy Deposit Scheme rules:

  • Tenancy Start Up Fee: £540.00 inc VAT (£450.00+VAT)
  • Tenancy Deposit Scheme Administration fee: £60.00 inc VAT (£50.00+VAT)
  • Legionella Risk Assessment Report 1st Inspection: £54.00 inc VAT (£45.00 + VAT) Subsequent Reports: £30.00 inc VAT (£25.00 + VAT)

There is an ongoing rent collection fee of 7.2% inc VAT (6.0%+VAT) of the gross monthly rent throughout the period of tenancy

Full Management : (As above Let Only service plus)

  • Carrying out regular visits to your property and issue of a full report following each visit (visits take place after 1 month then every 3 months thereafter)
  • Ensuring maintenance problems are dealt with swiftly and as per your instructions, using reputable tradesmen
  • Payment for all repairs and liabilities up to authorised limits direct form monthly rental income

At the end of the tenancy we will:

  • Issue the advance legal notices as required
  • Advise the tenant of the required Move Out procedures
  • Carry out the ‘Move Out’ inspection checking the property against the Inventory/Statement of Condition and inform you of any dilapidations
  • Repay the held deposit or negotiate with the Tenant for any necessary dilapidation charges
  • Take all meter readings and inform the utility providers as necessary
  • Hand over the property to you or seek a new tenant as instructed

There is an initial start up fee at the start of each tenancy to a new tenant plus a small charge to cover the additional administration required to comply with tenancy.

Deposit Scheme rules:

  • Tenancy Start Up fee: £354.00 inc VAT (£295.00+VAT)
  • Tenancy Deposit Scheme Administration fee: £60.00 inc VAT (£50.00+VAT)

Our ongoing Full Management fee is 14.4% inc VAT (12.0%+VAT) of the gross monthly rent throughout the tenancy.

No fees are payable until we find a suitable tenant.

All fees will, wherever possible, be deducted from rental income received.