Landlords
Service Levels
Let Only
We will provide a rental valuation of your property confirming a current rental value you can expect to achieve
We will advertise your property using a professional photographer and arrange for prospective Tenant(s) to view the property
We will seek your approval and acceptance for any new tenancy once we have completed the referencing of the Tenant(s) and discussed the reports with you
We will prepare the appropriate tenancy agreement and arrange for it to be completed. Unless you instruct otherwise, we will sign the tenancy agreement on your behalf
Management
In addition to the services provided in a Let Only service:
We will collect the rent in accordance with the terms of the tenancy agreement and will inform you at the earliest opportunity if the rent is late
We will prepare statements of account each month showing rents collected and expenditure incurred
We will deduct income tax from the rent if you are a non-resident Landlord unless you provide us with an Inland Revenue exemption certificate
LANDLORD LETTING FEES
LET ONLY SERVICE 75% + Vat (90%) of the first months rental.
FULLY MANAGED SERVICE Initial tenant find fee is 75% + Vat (90%) of the first months rent.
*Monthly management fee is 10% + Vat (12%) of the agreed rental value.
Tenancy renewal fees £120 + Vat (£144) for both let only and managed listings.
To provide a Check in service £66.00
To provide a Check out service - Let Only £114.00
To provide a Check out service - Management £66.00
To provide property inspections - Let Only £66.00
To produce and serve a Form 6A *£54.00*
To attend court as requested - per half day £150.00
We can also offer the following additional services by independent providers some of which are not vat registered
Additional Fees
To provide an Inventory and Schedule of Condition report (Non Vat provider) One bed (£65) Two bed (£65) Three bed (£65) for larger properties a fee of £10 will be added for any extra rooms. *Arrangement Fee £66.00*
To provide a Gas Safety Certificate £68.00 *Arrangement Fee £66.00*
To provide Electrical Certificate £90.00 *Arrangement Fee £66.00*
To provide an Energy Performance Certificate (EPC) (Non vat provider) (EPC) £75 *Arrangement Fee £66.00*
To provide a Legionella assessment report (Non vat provider) £66.00 *Arrangement Fee £66.00*
To arrange and provide an asbestos assessment report £TBC *Arrangement Fee £66.00*
All fees quoted are inclusive of VAT (where applicable) at the prevailing rate.
Our fees become liable for payment upon the start of the tenancy that has been agreed. You agree that these fees can be deducted from the rent monies collected. Should a balance remain, this will be paid to you. If the rent monies received do not cover our fees, you agree to provide payment to us before the tenancy starts. Should a payment not be paid within 10 days after the due date, interest will be added to the amount due at 3% above the Bank of England's base rate.
We reserve the right to change this Terms of Business and will give you 28 days prior written notice of any changes.
For further information about our fees promotions or a free valuation please call our lettings team on 02920 789055