Landlord Rental Fees and Information
Tenant Introduction Service
- Advise on current market conditions and advise on property preparation
- Agree the market rent and find a tenant in accordance with client wishes
- Provide guidance on compliance and statutory provisions and letting consents
- Erect board with client permission
- Provide advice on non-resident tax status implications and compliance
- Collate relevant property information to market the property on portals
- Conduct viewings as per client wishes
- Negotiate offers to client satisfaction
- Obtain references and Right to Rent check
- Prepare and submit tenancy agreement
- Arrange Check-in and Inventory service and (cost as per additional services/fees)
- Receive and remit first month’s rent minus commission, finders fee (if not paid before) and any pre tenancy invoices
- Arrange payment of deposit to landlord (unless instructed as per additional services)
Fees: One calendar month’s rent, plus VAT
Full Management Service
In addition to the points above for tenant introduction service:
- Collect and remit rent, email monthly statement
- Operate rent arrears procedure should rent not be received
- Provide advice on rent arrears action
- Arrange repairs and instruct approved contractors
- Arrange 3 monthly inspection after tenancy commencement, thereafter 6 monthly. Prepare inspection report and email to client.
- Advise on appropriate rent increase and serve Section 13
- Contact landlord and tenant prior to end of tenancy to discuss renewal or termination
- Advise Check Out procedure to tenant
- Arrange Check Out and Inventory Service (cost as per additional service/fee)
- Negotiate with landlord and tenant and disbursements from the deposit
- Provide annual income summary statement
Fees: Tenant finder fee £480 inclusive of VAT, payable on instruction, thereafter 12% - 18% inclusive of VAT of the monthly rent
Additional optional and non-optional services/fees (all incl. of VAT):
EPC - Energy Performance Certificate £ 72
EPC – Energy Performance Certificate and floorplan £ 90
Check In and Inventory Service £132-£216
Check Out and Inventory Service £ 90-£126
Placement of deposit into deposit scheme £ 30
Produce new tenancy agreement at renewal £150
Submit case to deposit scheme adjudication £150
Serving Section 21 notice £ 60
Key cutting service (plus cost of key cutting) £ 25