| Service (If and when applicable) | All Price Exclude VAT |
|---|---|
| Full Management fee | 10% |
| Annual Rent Warranty / Insurance | £160 (EST) |
| Energy performance certificate | From £70 |
| Gas Safety Certificate | From £70 |
| Gas Safety Certificate and boiler service | From £150 |
| Electrical Safety Certificate | From £130 (EST) |
| Portable appliance testing (PAT) | From £50 |
| Office copy entries (proof of ownership of property from HM Land Registry) | £12 |
| Rent review service (review existing rent, review tenant credit check, review mortgage rate,an additional property visits and sales valuation) Tenant finding only | £200 |
| Special clauses in tenancy agreement (per clause) | £20 |
| Administration and preparation of documents for a tenancy dispute (DPS)* | £50 |
| Quotation arrangement fee | £65 |
| Preparation and service of a prescribed notice section 13 (rent increase in a periodic tenancy) | £150 |
| Agent Witness Statement | £150 |
| Preparation and service of a section 8 notice (notice to terminate AST when a tenant has breached the agreement i.e. fallen into rent arrears) | POA |
| Preparation and service of section 47 and 48 notices (providing address for service of notices and rent Demands. This address must be in England or Wales and can be the name and address of the managing agent) * | £90 |
| Inventory "scheduled of condition" - dependant on size of property and whether furnished or Unfurnished* | POA |
| Arrange professional clean and/or garden maintenance | POA |
| Accounting and administration fee for holding tax for overseas landlords (monthly) | £350 |
| Supervision service (supervising maintenance work to the property over £600) (per visit) | £120 |
| Void period service (weekly visit to your property during void periods) (per visit) | £60 |
| Contractor waiting service (per hour) | £60 |
| Arrangement fee for contractor work during void periods (percentage of total work invoiced) | POA |
| Cancellation of tenancy check-in (after tenants have been approved and terms agreed to proceed)** | £240 |
| CHAPS bank transfer | £30 |
| Attending court on your behalf with written consent (per visit) | £150 |
| Prepare and administer a household insurance claim on your behalf (per claim) | £150 |
| Replace property keys (per set) | POA |
| Sales commission if tenant purchases your property | 1.40% |
| Preparation of duplicate documents and postage by royal mail | POA |
Tenant Obligations
For properties in England, the Tenant Fees Act 2019 means that in addition to rent, lettings agents can only charge tenants (or anyone acting on the tenant's behalf) the following permitted payments:
- Holding deposits (a maximum of 1 week's rent);
- Deposits (a maximum deposit of 5 weeks' rent for annual rent below £50,000, or 6 weeks' rent for annual rental of £50,000 and above);
- Payments to change a tenancy agreement eg. change of sharer (capped at £50 or, if higher, any reasonable costs);
- Payments associated with early termination of a tenancy (capped at the landlord's loss or the agent's reasonably incurred costs);
- Exit Fee will be based on one calendar month multiplied by 10% + vat multiplied by number of full remaining months of the tenancy agreement. This will not be prorated on a daily calculation.
Example:
If you rent a property for £500.00 pcm and wish to leave the Property with 12 months remaining on the Fixed Term and as per tenancy, Tenant will have to give 2 Months' notice an amount equivalent to 4 months' commission, calculated as original commission paid (£500.00 x 10% = £50 + vat = £60.00) x 4 remaining full months = £240.00 Exit Fee. - Interest payments for the late payment of rent (up to 6% above Bank of England's annual percentage rate);
- A charge of £25 to the Landlord's Agent for any payment presented to the Landlord's Agent's bank but returned, refused, or re-presented by the bank for any reason. This fee will be payable for each presentation which fails.
- Reasonable costs for replacement of lost keys or other security devices;
- Contractual damages in the event of the tenant's default of a tenancy agreement;
- Any other permitted payments under the Tenant Fees Act 2019.
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