Landlords Fees

APPENDIX C - SCALE OF CHARGES – March 2023

1) Tenant Find Service - 60% of the first month's rent (50% + VAT) payable for each letting where the tenant is introduced through the Agent, subject to a minimum charge of £690 (£575 + VAT), which includes right to rent checks

2) Managed Service - 13.5% (11.25% + VAT) of the rent received, deducted by the Agent + new tenancy set up fee of £450 (£375 + VAT), which includes your interest in our nil excess rent protection for 12 months (subject to terms and conditions), right to rent checks, check in inventory and check out fees, professional referencing, protecting deposit, serving legal notices, legal updates

The fees under the above service are payable when any individual or organisation enters into an agreement to rent the Property as a result of promotion, introduction, or viewing by the Agent.

Additional Charges (Prices are inclusive of VAT)

Right to Rent check                                                                                Free of Charge

Tenancy Agreement Renewal / Update                                                  £120 (Managed service only)

Duplicate Statements                                                                              Free of Charge

Annual Tax Statements                                                                          Free of Charge

Overseas Landlord Tax Administration                                                   £90 per annum per landlord

Professional Hourly Rate i.e insurance claims, major works, attending court                                 £36

Check In                                                                                                 Free of Charge

Additional furnished inventory charge                                                     £48

Check Out Report (excludes negotiations)                                             £120 (Tenant Find)

Void Property Inspections                                                                       £60

Major Works Fee                                                                                    Terms to be agreed at outset

Rent Protection Renewal (12 Months, nil excess)                                  £330

Legal Expenses Protection Renewal                                                      £50

Additional Property Visit With Report                                                      £102

Serving Legal Notice                                                                              Free of Charge (Managed); £90 (Tenant Find)

Emergency Heater Provision                                                                  £12 per delivery/collection

Energy Performance Certificate                                                             £66

Legionella Risk Assessment                                                                   £75

Use of alternative Tenancy Deposit Scheme                                          £60

(other than Deposit Protection Service Custodial Scheme)

Novation fee (Landlord contribution)                                                       £160 maximum

 

TENANT DEFAULT FEES/CHARGES

1)             Replacement key or security device to be charged at cost.

2)             Late or non-payment of rent of no more than 3% above the Bank of England base rate for each day the payment has been outstanding for 14 days or more.

3)             Any other permitted default fee.

4)             Novation Fee Tenant Contribution                                          £ 50

5)             Permitted Occupier addendum incl Right To Rent                  £ 36

6)             Permitted Pet addendum                                                        £ 18

Members Of