Landlords Guide and Fees

Landlords Property Management Fees

 

You will find 

 

  • Expertise in the financial and property market in UK – over 15 years  experience;

  • Personalised service and one point of contact person who will bring the right contractor in based on your needs, from property management, certification, development;

  • Efficient, professional and vetted merchants, available at short notice to resolve your problems;

  • Guidance and Compliance with latest statutory requirements;

  • Good communication and advice for your tenants;

  • Help in property maintenance and procedures, also available for empty properties;

  • Emergency contact for all sorts of maintenance problems.

 

All fees are charged monthly, so rent is paid from Month.

 

Fully Managed Service 20% (incl. VAT) includes periodic inspection and more extensive maintenance coverage

  • Tenancy renewals management;

  • Managing good quality repairs using approved local contractors;

  • Periodic property inspections;

  • Accounts handling to manage costs of repairs;

  • Informing utility companies of tenancy changes;

  • Advising over dilapidations at the end of tenancy;

  • Full referencing and credit checks on your prospective tenants;

  • Drawing up the tenancy agreement, including managing the inventory;

  • Organising gas and electrical checks and Energy Performance Certificates;

  • Holding the tenant’s deposit in an approved Tenancy Deposit Scheme;

  • Collecting rent on a monthly basis and paying this into your bank account by BACS within 10 working days, on an agreed date;

  • Negotiating tenancy renewals on your behalf;

  • Managing checkout procedures and inspections when tenants leave.



 

Rent collection and Lettings Only Service 15% (incl. VAT)

 

  • Pre-letting services, rental valuation & advice, consent to let, arrangement of photographic reportage & floor plans, market the property in leading UK’s portals and third party referrals;

  • Full referencing and credit checks on your prospective tenants;

  • Drawing up the tenancy agreement using NRLA standards, including managing the inventory;

  • Organising gas and electrical checks and Energy Performance Certificates;

  • Holding the tenant’s deposit in an approved Tenancy Deposit Scheme;

  • Collecting rent on a monthly basis and paying this into your bank account by BACS within 10 working days, on an agreed date;

  • Negotiating tenancy renewals on your behalf;

  • Managing checkout procedures and inspections when tenants leave.

 

Lettings Only 10% (incl. VAT)

 

  • Pre-letting services, rental advice, arrangement of photographic reportage & floor plans, market the property in leading UK’s portals and third party referrals;

  • Full referencing and credit checks on your prospective tenants;

  • Drawing up the tenancy agreement using NRLA standards, including managing the inventory;

  • Organising gas and electrical checks and Energy Performance Certificates;

  • Holding the tenant’s deposit in an approved Tenancy Deposit Scheme;

  • Negotiating tenancy renewals on your behalf;

  • Managing checkout procedures and inspections when tenants leave.

 

Property Handover £500 – rental advice, arrange photographic  reportage and floor plans, accompany tenants to viewings, feedback on viewings

Vacant Property Care £100/month upwards, depending upon requirements

Property Refurbishment or work over £2500 – arrangement fee 10% of net cost

Obtaining more than 2 quotes £50 per quote

Waiting at a property for deliveries or repair men £50 per hour subject to a 2 hour minimum

Insurance claims £50 per hour

 

Certification

Gas Safety £120

PAT Test £75

Electrical Installations (5-yearly) £275

EPC £75

HMO License Application handling £250

HMO License Holding £100 p.a.

 

Pre-Letting 

Consent to Let £50, if required

Tenancy Agreement £200

Right to Rent Checks £50

Creation of new Inventory £150 upwards – please ask for a quotation

Check-in £200 upwards – please ask for a quotation

Deposit Registration £25

 

Financial

HMRC Quarterly Returns (where no approval granted for NRLS) – £100

Payments outside of the UK £25 Subject to change by the bank

Same day payment £25 Subject to change by the bank

Annual Income & Expenditure Statement for Tax purposes £150

Copy Statements £25

 

Legal

Section 21 Notice £50

Court attendance  - quote on demand

Miscellaneous

Cancelling before a Tenant moves in, by no fault of the Tenant or Agent £500

A deposit of £500 will be collected before any marketing commences

Sale of property 1.5%