| Description of Fee |
Net (exclusive VAT) |
Gross (inclusive VAT) |
|
Full Management Service (FM)
Subject to a £600 (£720 Inc VAT) minimum fee per tenancy per year
|
13% of monthly rent
|
15.6% of monthly rent |
|
Let and Rent Collection Service (LRC)
Subject to a £600 (£720 Inc VAT) minimum fee per tenancy per year
|
10% of monthly rent |
12% of monthly rent |
Let Only Service (LOS)
Payable upfront prior to commencement of the Services and subject to a £600 (£720 Inc. VAT) minimum fee per tenancy. |
10% of the rent for the term |
12% of the rent for the term |
| Marketing Only Service (MOS) |
£199 |
£238.80 |
Rent and Legal Protection Insurance (FM/LRC)
Subject to availability |
3.5% exc. IPT of monthly rental |
3.92% inc. IPT of monthly rental |
| Deposit/Deposit Replacement Service (LOS) |
£72 |
£86 |
Referencing Fee
(inc. verification of income, employment, previous landlords (if applicable) and search for bankruptcy, insolvency, CCJs, Orders and Arrangements) |
£50 per tenant (inc. students/guarantor) |
£60 per tenant (inc. students/guarantor) |
|
Tenancy Agreement
(drafting and execution of document if supplied by us)
|
£250 |
£300 |
Tenancy Extension or Rent Review Service Fee
(Inc. Service of Section 13 Notice)
(Including negotiating the terms of renewal and documentation where required) |
£250 |
£300 |
| Change of Sharer fee |
£190 |
£228 |
| Annual statement of income and expenditure |
£85 |
£102 |
| Annual statutory landlord rental income declaration to HMRC |
£15 |
£18 |
|
Quarterly tax submission to HMRC for non-UK residents with no HMRC approval
|
£100 |
£120 |
|
Third-party Tenancy Agreement supervision fee
|
£325 |
£390 |
| Property Preparation Service |
Subject to Quotation
|
Attending Legal Proceedings
(Per Hour plus travel) |
£200 |
£240 |
Arranging non-routine maintenance as required
(management and instruction of contractor works) |
10% of the net invoice |
12% of the net invoice |
| Additional Property Visits |
£55 per visit |
£66 per visit |
| Deposit Transfer/Mid Term Transfer |
£100 |
£120 |
Landlord Regulation Checks
Includes; HMO Licence monitoring, the ongoing management of Deposit/Deposit Replacement Service, Legislative Horizon, Checking Smoke and CO Alarms at commencement of tenancy *annual upfront applies to Let Only service |
£9.50pcm |
£11.40pcm |
Tenancy Administration Fee
includes, but is not limited to: marketing of the property, arranging and conducting viewings, negotiating tenancy terms, arranging completion of tenancy documents, utility and services management |
£100 min / £120 max |
£400 min / £480 max |
HMO Licence Application
(excludes cost of licence and any risk assessment or other documentation required to grant the licence) |
£250 |
£300 |
Agent as Licence Holder for Landlord Fee
(excludes cost of licence and any risk assessment or other documentation required to grant the licence) |
£250 |
£300 |
| Right to Rent Re-Checks per tenant/student or occupant (aged 18 or over) |
£10 |
£12 |
| Formulating Deposit Adjudication Claim (LRC/LOS) |
£200 |
£240 |
| Formulating Deposit Adjudication Claim (FM)
|
£25 |
£30 |
Inventory Preparation
Unique or unusual houses and those exceeding 5 bedrooms with 2 reception rooms will be subject to quotation. |
£83.33 min / £500 max |
£100 min / £600 max |
Inventory Check-In
Unique or unusual houses and those exceeding 5 bedrooms with 2 reception rooms will be subject to quotation. |
£83.33 min / £500 max |
£100 min / £600 max |
Inventory Check Out
Unique or unusual houses and those exceeding 5 bedrooms with 2 reception rooms will be subject to quotation. |
£83.33 min / £500 max |
£100 min / £600 max |
| Energy Performance Certificate fee |
£79 |
£94.80 |
| Gas Safety Record fee |
Subject to Quotation |
| Portable Appliance Test fee |
Subject to Quotation |
| Electrical Condition Inspection Report Fee |
Subject to Quotation |
| Legionella Risk Assessment fee |
Subject to Quotation |
| Negotiating and preparing Addenda
|
£50 |
£60 |
| Section 21 Possession Notice
|
£175 |
£210 |
| Section 8 Possession Notice
|
£175 |
£210 |
Deposit/Deposit Replacement Service (FM/LRC)
(only available where Landlord Regulation Check fee not selected) |
£6pcm |
£7.20pcm |
