Landlord Fees

Effective 21st September 2023

Tenant Fees

This Permitted fees to tenants
Letting & Rent Collection
Rent
A refundable Tenancy Deposit (capped at five weeks rent for rent not exceeding £50,000 per annum or six week’s rent if greater)
A refundable Holding Deposit to reserve a property (capped at one week’s rent)
Novation, Variation of Assignment of Contract capped at up to £50 including VAT (or agents reasonable cost incurred if higher (which must be evidenced)
Surrender of Tenancy (covering the landlord’s costs in reletting the property, all rent outstanding until a new tenant is found (up to the maximum outstanding rent on the tenancy
Default Fees (lost keys or other respective security devices; late rent payment after 14 days rent was overdue capped at 3% above the Bank of England Base Rate (currently at 0.75%)
Utilities (water, gas or other fuel, electricity, sewerage); Communication Services (phones other than mobile phones, Internet, Satellite television); Council Tax; Green Deal charge (or any subsequent energy efficiency scheme)

Effective 1st June 2023

Commission

Service Commission
Letting & Rent Collection 9.6% inc VAT (8% + VAT)
subject to a minimum fee of £1000.00 inc VAT
Letting, Rent Collection & Property Management 15% inc VAT (12.5% + VAT)
Void Management £240.00 inc VAT

Additional Fees

ServiceFee
Tenancy Set-up Charge£240 inc VAT
to include; land registry search, preparation & signing of the tenancy agreement, right to rent check, providing all pre-tenancy legal documents 
Deposit Registration£48.00 inc VAT
Referencing of each tenant£42.00 inc VAT
Additional Property Visits£60.00 inc VAT
visits scheduled 4 monthly throughout the tenancy, any further at the request of the landlord would be at the shown cost 
Service of Section 13 Notice (included in Property Management Service)£72.00 inc VAT
Service of Section 21 Notice (included in Property Management Service)£72.00 inc VAt
Attending Court Tribunals£120.00 inc VAT per hour
Documentation for renewing tenancy£150 inc VAT
to include, re-registration of deposit, negotiating new terms, new tenancy agreement otherwise serving statutory period terms 
Cancelling a tenancy prior to its commencement£400 in VAT
Large works administration12% inc VAT of works in excess of £2000 inc VAT
Sale of premises to the Tenant0.6% inc VAT
EPC£90.00 inc VAT
Key cuttingthird party charge, charged at cost
Inventorythird party charge, charged at cost
Check inthird party charge, charged at cost
Check outthird party charge, charged at cost
Gas Safetythird party charge, charged at cost
Electrical Safety Certificatethird party charge, charged at cost
PAT testthird party charge, charged at cost
CO2 & Smoke Alarm Installation£25.00 inc VAT per alarm required