PRE-TENANCY FEES (ALL SERVICE LEVELS)
Arranging and facilitating statutory compliance (this is in addition to the costs of the item itself) if not provided on instruction or undertaken by the landlord (please note these are guide figures and subject to variation)
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| Energy Performance Certificate (EPC)
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From £156 (inc. VAT)
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| Gas Safety Certificate (GSR)
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From £180 (inc. VAT)
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| Electrical Installation Condition Report (EICR)
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From £300 (inc. VAT)
Dependent on size. Remedial works for compliance are not included in this
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| Handling local authority Selective Licensing application
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£300 (inc. VAT) per tenancy
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STARTING OF TENANCY FEES
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| Referencing Fees
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£84 (inc. VAT) per Tenant
ID checks, Right-to-Rent check, Financial credit checks, Sanctions Check, obtaining references from current or previous employers / landlords and any other relevant information to assess affordability
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| Tenancy Agreement Fee
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£480 (inc.VAT)
NB In the event of a Non Housing Act Tenancy the above costs can be shared with the Tenant
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| Deposit Registration Fees (where collected)
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£144 (inc. VAT) per tenancy.
Register landlord and tenant details and protect the security deposit with a Government-authorised Scheme. Provide the tenant(s) with the Deposit Certificate and Prescribed Information within 30 days of the tenancy start date.
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| Inventory Fees
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From £216 (inc. VAT)
Dependant on the number of bedrooms and/or size of the property and any outbuildings.
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DURING TENANCY FEES
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| Section 13 Notice Fee
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£240 (inc. VAT)
Review rent in accordance with current prevailing market conditions and advise the landlord, negotiate with the tenant(s), direct tenant(s) to make payment change as appropriate, update the tenancy agreement and serve a Section 13 Notice if the tenancy is on a periodic basis.
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| Renewal Fees
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£240 (inc. VAT) per tenancy
Contract negotiation, amending and updating terms and arranging for the signing of a further tenancy agreement.
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| Right-to-Rent Follow-Up Check
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£30 (inc. VAT) per check
Undertaking a repeat check in person on a time-limited visa in accordance with the Immigration Acts 2014 and 2016. Notifying the Home Office should an illegal overstayer be identified. This does not apply to a Tenant-Find service.
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| Arrangement Fees for works over £5000
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12% of net cost
Arranging access and assessing the costs with any contractors’, ensuring work has been carried out in accordance with the Specification of Works and retaining any resulting warranty or guarantee. Fully Managed service only.
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END OF TENANCY FEES
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| Check-out Fees
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Starting from £216 (inc.VAT) per tenancy
Depending on size.
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| Tenancy Dispute Fee
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£300 (inc. VAT) per tenancy
The costs associated with the preparation of all evidence and submitting the case to the tenancy deposit scheme as well as dealing with all correspondence relating to the dispute. This only applies where the agent has protected the deposit.
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| Fees for the service of Legal Notices
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£240 (inc. VAT) per Notice
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FINANCIAL CHARGES
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| Interest on Unpaid Commission
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4% above the Bank of England Base Rate from Due Date until paid
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| Submission of Non-Resident Landlords receipts to HMRC
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£240 (inc. VAT) quarterly
To remit and balance the financial Return to HMRC on both a quarterly and annual basis.
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| Additional HMRC Reporting Fees
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£120 (inc. VAT) per request
Responding to any specific queries relating to either the quarterly or annual Return from either the landlord or HMRC.
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| Fees for providing an Annual Income and Expenditure Schedule
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£120 (inc. VAT) annually
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| Same-Day Payment Fees
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£30 (inc. VAT) per payment
Should the landlord request a payment faster than the agreed timescales within their existing Terms of Business, this covers the costs of providing a same-day payment service.
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| Copy Statements
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£30 (inc VAT) per statement
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OTHER FEES AND CHARGES
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| Obtaining more than three contractor quotes
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£120 (inc. VAT) per quote
Fully Managed service only.
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| Vacant Property Management Fees
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£120 (inc. VAT) per visit.
To cover the costs associated with visiting the property to undertake visuals checks on the inside and outside at a frequency mutually agreed with the landlord.
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| Management Take-over Fees
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£240 (inc. VAT) per tenancy
To cover the costs associated with taking over the management of an ongoing tenancy, ensuring all statutory compliance has been undertaken, confirming everything under “Set-up Fees” above, receiving and protecting the security deposit and providing all necessary legal documentation to the tenant.
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| Deposit Transfer Fees
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£60 (inc. VAT) per deposit
Should the landlord request any changes to a protected deposit during a tenancy, this covers the costs associated with legal compliance for said request.
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