Speak to us today to enquire about letting your property in Sutton and surrounding areas. We are experts in the area and offer a thorough managed service as well as let only at fantastic rates.We are completely transparent when it comes to our fees. They are fair, reasonable, competitive and great value.
Information regarding landlord fees in Sutton
Level of Service Offered:
Let Only Service:
- To visit the property and give initial rent appraisal.
- Promotion and marketing of the property, via our website, property portals and window displays.
- Finding and Screening of tenants.
- Comprehensive referencing of tenants.
- Preparation of Tenancy Agreement.
- To arrange for the inventory and statement of condition of the property (if the Landlord requires).
- To collect the 1st month’s rent and remit into Landlord’s bank account after deducting the fees for the service.
- To notify the utility companies (except telephone providers) including the local authority.
- To protect the deposit in the custodial Deposit Protection Scheme.
Letting & Rent Collection Service:
- To visit the property and give initial rent appraisal.
- Promotion and marketing of the property, via our website, property portals and window displays.
- Finding and Screening of tenants.
- Comprehensive referencing of tenants.
- Preparation of Tenancy Agreement.
- To arrange for the inventory and statement of condition of the property.
- To notify the utility companies (except telephone providers) including the local authority.
- To protect the deposit in the custodial Deposit Protection Scheme.
- To collect monthly rent from the tenant and transfer to Landlord’s bank account after deduction of appropriate fees throughout the term of the tenancy.
- In the event of the tenant going into rent arrears, to take necessary steps for tenant eviction in order to get the property vacated and find a new tenant.
Full Management (The Essential Service):
- To visit the property and give initial rent appraisal.
- Promotion and marketing of the property, via our website, property portals and window displays.
- Finding and Screening of tenants.
- Comprehensive referencing of tenants.
- Preparation of Tenancy Agreement.
- To arrange for the inventory and statement of condition of the property.
- To notify the utility companies (except telephone providers) including the local authority.
- To protect the deposit in the custodial Deposit Protection Scheme.
- To collect monthly rent from the tenant and transfer to Landlord’s bank account after deduction of appropriate fees throughout the term of the tenancy.
- Periodic property inspections carried out every 6 months and inspection report sent to landlord.
- Manage property repairs and maintenance.
- Manage insurance claims.
- Arranging a new tenancy agreement and negotiate rent increases.
- Full check service at the end of the tenancy agreement and deposit reconciliation.
What does our Rent Guarantee service cover?
- Nil excess on claims made within the first 45 days: you’ll receive: you’ll receive 100% of the monthly rent until vacant possession, there is no cap on the number of months covered
- Up to £100,000 legal expenses cover, including appeals and legal representation
- Rent recovery
- Property damage cover, for civil dispute expenses on damages over £1,000
- 90% of rent after vacant possession for up to six weeks
- Eviction of squatters and assistance with the costs involved
- Contract dispute protection, covering costs in disputes of over £100
- 90-day claim window, from the date of first missed rental payment
- Auto renewal process, so you have continuous coverage
Property Set up Fee: (Irrespective of level of Service):
- 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)
Scale of Charges are at below
| SERVICE | FEE |
| Self-Managing Option – Let Only (A) | Set-up fee of £360 plus 8% + VAT of the annual rent for the 1st year, then 4% + VAT of the annual rent from the 2nd year onwards until the same tenant is in the property payable for each letting where the tenant is introduced through the Agent. |
| Set Up and Monitor (The DIY Package) (B) The Halfway House Between Self-Managing and Essentials Package the Semi DIY Option | Set-up fee of £300 plus 10% + VAT of the rent due per month, deducted from the rent as received on a monthly basis. Set-up fee is a one-off charge each time the property is remarketed. |
| The Essential Service (C) Standard Letting & Tenancy Management Service | Set-up fee of £240 plus 12% + VAT of the rent due per month, deducted from the rent as received on a monthly basis. Set-up fee is a one-off charge each time the property is remarketed. |
| Tenant Referencing | £50 + VAT per tenant/property |
| Guarantor Referencing | £50 + VAT per tenant/property |
| Inventory + Check-in | Price as per Property Size |
| Inventory + Check-out | Price as per Property Size |
| Tenancy Agreement Renewal Fee | £80 + VAT |
| Deposit Registration Administration Fee | £40 + VAT per annum |
| Deposit Dispute Fee | £100 + VAT |
| Statutory Declaration Fee | £40 + VAT |
| Gas Safety Certificate | £85 + VAT |
| Boiler Service | £90 + VAT |
| Gas Safety Certificate & Boiler Service | £135 + VAT |
| Gas Safety Certificate plus Smoke & CO Alarm Test & Record | £90 + VAT |
| Legionella Risk Assessment | £90 + VAT |
| EICR | Price as per Property Size |
| Annual Electrical Inspection & PAT Tests | £110 + VAT |
| EPC | £100 + VAT |
| Mid Term Inspections for Managed Properties | £100 + VAT |
| Mid Term Inspections for Non-Managed Properties | £150 + VAT |
| Serving Notices to Tenants | £100 + VAT per notice (Applicable only to A & B Services) |
| Re-Service of Notices to Tenants | £75 + VAT per notice (Applicable only to A & B Services) |
| Court Attendance | £250 + VAT per visit |
| Bailiff Attendance | £200 + VAT per visit |
| Rent Guarantee/Legal Protection | £360 Annually |
| Submission of Rent Guarantee Claim | £60 + VAT (Applicable only to A & B Services) |
| Cancellation of Management Admin Fee | One and half month’s rent plus VAT |
| Void Property Management | £100 + VAT per calendar month plus £300 float |
| HMO Property Management | 14% + VAT of the rent due per month |
| Buy to Let Advisory Service | £200 + VAT |
| Property Acquisition Service | 1.5% + VAT of Purchase Price |
| Landlord Withdrawal from Offer | Expenses to a max of £300 + VAT dependent on case |
| Hourly Rate | £60 + VAT per hour |
| Inventory Fee (landlords share) | Dependent on the number of bedrooms and/or size of the property and outbuildings. Please note these figures include VAT |
| Type of Property | Inventory | Inventory | Check In | Check In |
| Furnished | Unfurnished | Furnished | Unfurnished | |
| Studio | £110 | £90 | £100 | £80 |
| 1 Bedroom | £115 | £100 | £110 | £90 |
| 2 Bedrooms | £120 | £105 | £115 | £100 |
| 3 Bedrooms | £130 | £115 | £125 | £110 |
| 4 Bedrooms | £145 | £125 | £135 | £120 |
| 5 Bedrooms | £160 | £135 | £145 | £130 |
| 6 Bedrooms | £175 | £150 | £160 | £140 |
Belvoir Sutton’s Client Protection Insurance is covered by Propertymark (Propertymark SCHEME).
CMP Certificate
Client Money Protection Certificate
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