Services Offer Tenant Find:
80% of Rent 1st Month
(Excl. VAT)
Fully Managed Service:
10% of Rent
(Excl. VAT)
Ultimate Landlord Protect; Fully Managed:
12% of Rent
(Excl. VAT)
Understand your requirements and advise current rental market; Agree marketing strategy and rental value
Provide guidance on compliance with statutory provisions and letting consents incl Gas Safety/EPC/Electrical/Fire/legionnares
Carry out property appraisal & advise on refurbishment works
Market the property on leading Property Portals to include; Rightmove/On the Market/Zoopla/Prime Location/National Press
Understand your requirements and advise current rental market; Agree marketing strategy and rental value
Market the property in all Branches/Website/Facebook Property
Carry out accompanied viewings with a qualified member of mlettings staff.
Identify tenants & progress application. Negotiate tenancy on landlord's behalf.
Carry out full diligence checks to include; Right to rent/credit/affordability/employment references.
Collect holding deposit in accordance with Tenant Fee Act 2019
Prepare legal documents; Assured Short-hold tenancy Agreement (AST) & other agreements eg. Pet
Advise all relevant utility providers & local authoritites change of tenancy. Transfer into new tenants name.
Respond to HMRC requests
24 hour maintenance (out of hours) telephone emergency service.
Conflict resolution through the tenancy period to include Security Deposit dilapidation negotiations at check out.
Demand, collect and remit the monthly rent.Provide full itemised monthly property statement.
Pursue non-payment of rent and provide advice on rent arrears. Impliment and agree remedial action plans with tenants.
Undertake two routine visits per annum and notify the outcome to the landlord & provide full written report with photos
Arrange routine repairs and instruct approved contractors; Project manage through to completion.
Court Attendence and preparation of supporting written and suplimentary evidence.
Access to Free legal support from qualified specialist legal professionals trained in landlord and tenant law.
Rent Guarentee & legal protection. Covers non payment of rents & 100k legal cover to repossess property through courts.


Additional Non-Optional Fees and Charges

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:
  • Energy Performance Certificate (EPC) £90.00 (inc. VAT) per tenancy
  • Gas Safety Certificate (GSR) £90.00 (inc. VAT) per tenancy
  • Electrical Installation Condition Report (EICR) starts £150.00 (inc. VAT) per tenancy (Dependent on property size) See additional Fees listing.
  • Legionella Risk Assessment £90.00 (inc. VAT) per tenancy
  • Installing Smoke alarms and Carbon Monoxide £65.00 (inc. VAT) per tenancy
  • Testing Smoke alarms and Carbon Monoxide detectors on the first day of the tenancy £0.00 (inc. VAT) per tenancy

This service is included as standard on all service levels.

  • Handling local authority licensing application (£0.00 inc. VAT) per tenancy
  • Visual check in compliance with the Homes Act 2018 on the first day of the tenancy £0.00 (inc. VAT) per tenancy

This service is included as standard on all service levels.

Electrical Safety Certificates

Visual inspection with no testing    £45.00
2 Bed House£165 incl Vat
3 Bed House£195.00 incl Vat
4 Bed House£220.00 incl Vat

START OF TENANCY FEES

Set-up Fees: £210.00 (inc. VAT) per tenancy. Referencing for up to two tenants (ID checks, Right-to-Rent check, financial credit checks, obtaining references from current or previous employers / landlords and any other relevant information to assess affordability) as well as contract negotiation (amending and agreeing terms) and arranging the signing of the tenancy agreement.

Additional Tenant Referencing Fees: £0.00 (inc. VAT) per tenant. As Set-up Fees above for additional tenants.

Guarantor Fees: £0.00 (inc. VAT) per guarantor.

Covering credit referencing and preparing a Deed of Guarantee (or as part of the Tenancy Agreement).

Permitted Occupier Fees: £0.00 (inc. VAT) per permitted occupier. Explaining to any permitted occupier their rights and responsibilities towards the named tenant(s) and landlord.

Deposit Registration Fees (where collected):£90.00 (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.

Inventory Fees:

1-2 Bed Properties    £150.00 incl Vat
3 Bed Property£210.00 incl Vat
4 Bed Property£240.00 incl Vat
Updates;
1-2 Bed Properties£145.00 incl Vat
3 Bed + Properties£180.00 incl Vat

Accompanied Check-in Fees: £60.00 (inc. VAT) per tenancy.

Attending the property to welcome the tenant(s), confirm the Inventory and Schedule of Condition, explain the operation of appliances, highlight the location of utility meters, stop-cocks etc. and test that all smoke alarms and carbon monoxide detectors are present and in working order. This is subject to an approved Inventory as above.

This service is included with Fully managed and Ultimate Landlord Protect service levels.

Landlord Withdrawal Fees (before move-in): £210.00 (inc. VAT) per tenancy. To cover the costs associated with the marketing, advertising and tenancy set-up should the landlord withdraw from the tenancy before it has started.



DURING TENANCY FEES

Additional Property Visits: £30.00 (inc. VAT) per visit.

Should the landlord request property visits in addition to those within their existing Terms of Business, this covers the costs of attending the property.

Rent Review Fees: £30.00 (inc. VAT) per tenancy.

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.

Renewal Fees: £90.00 (inc. VAT) per tenancy.

Contract negotiation, amending and updating terms and arranging for the signing of a further tenancy agreement.

Right-to-Rent Follow-Up Check: £90.00 (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.

Landlord Withdrawal Fees (during tenancy) in accordance with Terms of Business agreement. To cover the costs associated with advising the tenant on the change and the position of the security deposit, transferring the security deposit to the landlord or new agent. Returning all relevant documents held by the agent to the landlord.

This does not apply to a Tenant-Find service.

Arrangement Fees for maintenance works;

* over £100: 10% of net cost (inc. VAT).
* under £100 fixed fee £12.00 (inc. VAT)

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 & Ultimate Landlord Protect service only.

END OF TENANCY FEES

Check-out Fees: £300.00 (inc. VAT) per tenancy.
Attending the property to undertake an updated Schedule of Condition based on the original inventory and negotiating the repayment of the security deposit.
This service is included for Fully managed & Ultimate landlord protect service levels.

Tenancy Dispute Fee: £125 per hour (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.
This service is included for Fully managed & Ultimate landlord protect service levels.

Fees for the service of Legal Notices (Section 8 or Section 21): £75.00 (inc. VAT) per Notice.
This service is included for Fully managed & Ultimate landlord protect service levels.

Court Attendance Fees: £125 per hour (inc. VAT) per hour.
This service is included for Ultimate landlord protect service levels.



FINANCIAL CHARGES

Interest on Unpaid Commission: 0 % above the Bank of England Base Rate from Due Date until paid.

Contractor Commission: 0 % of contractors invoice (inc. VAT).
To cover the costs associated with arranging and facilitating the visit of a vetted professional tradesperson.

Submission of Non-Resident Landlords receipts to HMRC £0.00 (inc. VAT) quarterly. To remit and balance the financial Return to HMRC on both a quarterly and annual basis.

Additional HMRC Reporting Fees: £0.00 (inc. VAT) per request. Responding to any specific queries relating to either the quarterly or annual Return from either the landlord or HMRC.

Fees for providing an Annual Income and Expenditure Schedule: £30.00 (inc. VAT) annually.

Same-Day Payment Fees: £30.00 (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.

OTHER FEES AND CHARGES

Arrangement Fees for refurbishments over £0.00: 0% of net cost (inc. VAT).
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.

Obtaining more than three contractor quotes: £30.00 (inc. VAT) per quote.
Fully Managed service only.

Vacant Property Management Fees: £30.00 (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.

Management Take-over Fees: £0.00 (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.

Deposit Transfer Fees: £30.00 (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.