Landlords Guide and Fees
Landlords Property Management Fees
You will find
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Expertise in the financial and property market in UK – over 15 years experience;
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Personalised service and one point of contact person who will bring the right contractor in based on your needs, from property management, certification, development;
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Efficient, professional and vetted merchants, available at short notice to resolve your problems;
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Guidance and Compliance with latest statutory requirements;
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Good communication and advice for your tenants;
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Help in property maintenance and procedures, also available for empty properties;
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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
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Tenancy renewals management;
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Managing good quality repairs using approved local contractors;
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Periodic property inspections;
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Accounts handling to manage costs of repairs;
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Informing utility companies of tenancy changes;
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Advising over dilapidations at the end of tenancy;
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Full referencing and credit checks on your prospective tenants;
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Drawing up the tenancy agreement, including managing the inventory;
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Organising gas and electrical checks and Energy Performance Certificates;
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Holding the tenant’s deposit in an approved Tenancy Deposit Scheme;
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Collecting rent on a monthly basis and paying this into your bank account by BACS within 10 working days, on an agreed date;
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Negotiating tenancy renewals on your behalf;
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Managing checkout procedures and inspections when tenants leave.
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Rent collection and Lettings Only Service 15% (incl. VAT)
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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;
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Full referencing and credit checks on your prospective tenants;
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Drawing up the tenancy agreement using NRLA standards, including managing the inventory;
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Organising gas and electrical checks and Energy Performance Certificates;
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Holding the tenant’s deposit in an approved Tenancy Deposit Scheme;
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Collecting rent on a monthly basis and paying this into your bank account by BACS within 10 working days, on an agreed date;
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Negotiating tenancy renewals on your behalf;
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Managing checkout procedures and inspections when tenants leave.
Lettings Only 10% (incl. VAT)
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Pre-letting services, rental advice, arrangement of photographic reportage & floor plans, market the property in leading UK’s portals and third party referrals;
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Full referencing and credit checks on your prospective tenants;
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Drawing up the tenancy agreement using NRLA standards, including managing the inventory;
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Organising gas and electrical checks and Energy Performance Certificates;
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Holding the tenant’s deposit in an approved Tenancy Deposit Scheme;
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Negotiating tenancy renewals on your behalf;
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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%