Information regarding landlord fees in Basingstoke

Belvoir Basingstoke is pleased to offer three levels of service to suit a landlord’s requirements.

Please find details below of the landlord services on offer:

Fully Managed Property Letting Service for Landlords in Basingstoke

  • Initial fee: £474 including VAT

Includes photographing the property and updating photographs as applicable, measuring up and preparing a floorplan of the property, marketing of the property, arranging and conducting viewings, share of cost of preparation of conveyancing and accompanying documentation.

  • Monthly charge: 14.4% including VAT

Includes Belvoir services as detailed and specified in Landlord Terms of Business: receiving and processing rent payments, providing monthly statement of income and expenditure, conducting interim property visits and preparing and issuing visit report, arranging Landlord’s Gas Safety Check if applicable, arranging for maintenance, repairs and renewals as applicable, serving and receiving of legal notices, dealing with general tenancy issues, dealing with DPS regarding any end-of-tenancy issues.

  • Re-signing Fee: £120 including VAT

Payable only if Landlord specifically requests a new fixed term contract.  Fee is to cover cost of referencing tenant and drawing up new contract.

Let & Rent-Collection

  • Initial fee £474 including VAT

Covers services as outlined in fully managed service above.

  • Monthly charge: 12% including VAT

Includes Belvoir services as detailed and specified in Landlord Terms of Business: receiving and processing rent payments, chasing late rent when appropriate and providing monthly statement of income.

  • Re-signing Fee £120 including VAT

Payable only if Landlord specifically requests a new fixed term contract.  Fee is to cover cost of referencing tenant and drawing up new contract.

Introduce Only Service Fee

90% including VAT of the first month’s rent as collected, subject to a minimum £720 including VAT.

Includes Belvoir services as detailed and specified in Landlord Terms of Business: photographing the property and updating photographs as applicable, measuring up and preparing a floorplan of the property, marketing of the property, arranging and conducting viewings, share of cost of preparation of conveyancing and accompanying documentation, collection of the first month’s rent and deposit and lodging the deposit.

Sundry Items

  • Belvoir Rent Guarantee £240 including VAT
  • Energy Performance Certificate (EPC) £90 (no VAT)
  • Landlord Gas Safety Check £88 (no VAT)
  • Landlord Gas Safety Check including boiler service £110 (no VAT)
  • Legionella Risk Assessment £90 (no VAT)
  • Check-in (if requested) from £60 including VAT
  • Check-out (if requested) from £120 including VAT dependent on property size and furnishings
  • Electrical safety check £PoA
  • Portable Appliance Test (PAT) £PoA
  • Inventory from £120 including VAT (dependant on size of property and furnishings)

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.

If you cancel prior to a tenancy starting, fees due for work already undertaken will remain payable. If a tenant has already been found and the work for the check-in has been completed, this will be equivalent to a Let-Only fee (minimum of £600 including VAT. A proportion of the Let-Only fee will be payable if work for the check-in has not been fully completed.

Once a tenancy has started, fees due for work already undertaken will remain payable. A fee equivalent to the originally agreed monthly charge including VAT, multiplied by the number of months left in the agreement will become payable immediately (subject to a minimum 2 months’ fee). If the tenancy has become periodic, then 2 months’ charge will become payable immediately.

If you cancel the agreement within 12 months from the start of a tenancy then any discounts agreed for our services will immediately become payable.

Discounts might be available but are dependent upon specific service levels required, rental expectations and the condition of the property.

Belvoir Basingstoke is a member of the Property Ombudsman (TPO) for Lettings Redress Scheme under membership number D03414. For detail of the scheme please visit the TPO website: www.tpos.co.uk

Belvoir Basingstoke has Client Money Protection and is a Propertymark member

Whatever lettings service you may need, Belvoir Basingstoke is here to help every step of the way. Belvoir always has tenants waiting for property to rent in the Basingstoke area, so contact us today in order to discuss your requirements.

Belvoir Basingstoke has Client Money Protection through Propertymark. Our certificate can be viewed below.

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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