We are pleased to offer the following level of services. If you have a specific service
that you require then we will be pleased to discuss this with you in greater detail.
TENANT FIND: 12% OF RENT (INC VAT)
• Collect and remit initial months’ rent received
• Agree collection of any shortfall and payment method
• Provide tenant with method of payment
• Deduct any pre-tenancy invoices
• Make any HMRC deduction and provide tenant with the NRL8 (if relevant)
RENT COLLECTION: 12% OF RENT (INC VAT)
• Collect and remit the monthly rent received
• Deduct commission and other works
• Pursue non-payment of rent and provide advice on rent arrears actions
• Make any HMRC deduction and provide tenant with the NRL8 (if relevant)
FULLY MANAGED: 12% OF RENT (INC VAT)
• Collect and remit the monthly rent receive
• Pursue non-payment of rent and provide advice on rent arrears actions
• Deduct commission and other works
• Advise all relevant utility providers of changes
• Undertake two inspection visits per annum and notify landlord of the outcome
• Arrange routine repairs and instruct approved contractors (providing two quotes)
• Hold keys throughout the tenancy term
• Make any HMRC deduction and provide tenant with the NRL8 (if relevant)
ADDITIONAL NON-OPTIONAL FEES AND CHARGES (IRRESPECTIVE OF LEVEL OF SERVICE):
SET UP FEE £120.00 (INC VAT)
Agree the market rent and find a tenant in accordance with the landlord guidelines;
• Advise on refurbishment
• Provide guidance on compliance with statutory provisions and letting consents
• Carry out accompanied viewings (as appropriate)
• Market the property and advertise on relevant portals
• Erect board outside property in accordance with Town and Country Planning Act 1990
• Advise on non-resident tax status and HMRC (if relevant)
INVENTORY FEE (LANDLORDS SHARE)
Dependent on the number of bedrooms and/or size of the property and outbuildings
DEPOSIT REGISTRATION FEE: £30.00 (inc VAT)
• 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 start of tenancy
ADDITIONAL PROPERTY VISITS: £30.00 (inc VAT)
• To attend for specific requests such as neighbour disputes; more visits are required to monitor the tenancy; or any maintenance-linked visit
SUBMISSION OF NON-RESIDENT LANDLORDS RECEIPTS TO HMRC £30.00 (inc VAT) quarterly
• To remit and balance the financial return to HMRC quarterly – and respond to any specific query relating to the return from the landlord or HMRC
ARRANGEMENT FEE FOR WORKS OVER £500.00: 5% of net cost
• Arranging access and assessing costs with contractor;
• Ensuring work has been carried out in accordance with the specification of works
• Retaining any warranty or guarantee as a result of any works
ARRANGEMENT FEE FOR REFURBISHMENTS OVER £5,000 10% of net cost
• Arranging access and assessing costs with contractor;
• Ensuring work has been carried out in accordance with the specification of works
• Retaining any warranty or guarantee as a result of any works
OBTAINING MORE THAN TWO CONTRACTORS QUOTES £30.00 (inc VAT) per quote
RENT REVIEW FEE £30.00 (inc VAT)
• Review rent in accordance with current prevailing market condition and advise the landlord
• Negotiate with tenant
• Direct tenant to make payment change as appropriate
• Update the tenancy agreement
• Serve Section 13 Notice if tenancy is on a rolling monthly basis
RENEWAL FEE (LANDLORDS SHARE) £60.00 (inc VAT)
• Contract negotiation, amending and updating terms and arranging a further tenancy and agreement
CHECKOUT FEE (LANDLORDS SHARE) £100.00 (inc VAT)
Agree with tenant check out date and time appointment
• Instruct inventory provider to attend
• Negotiate with landlord and tenant any disbursement of the security deposit
• Return deposit as agreed with landlord and tenant to relevant parties
• Remit any disputed amount to Scheme for final adjudication
• Unprotect security deposit
• Instruct contractors; obtain quotes; organise repairs /replacement/cost of any broken or missing items
COURT ATTENDANCE £100.00 (inc VAT) per hour
