ADDITIONAL NON-OPTIONAL FEES AND CHARGES (IRRESPECTIVE OF LEVEL OF SERVICE): 

Setup Fee (Landlords Share): £360 (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) See attached Schedule Dependent on the number of bedrooms and/or size of the property and outbuildings

Deposit Registration Fee: £36 (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: £60 (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 £36 (inc VAT) per annum
• 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
• Providing an Annual Statement of Account for each tax year £7.20 (inc VAT) Collating monthly statements, printing and posting
• Sending Monthly/Annual Statements to Landlord's accountant £36 (inc VAT)
• Landlord's on-line facility for 24hr access to account statements £6 (inc VAT) per month
• Checking a Tenant out of a property at the end of the Tenancy £90 (inc VAT)
   

Arrangement Fee for works over £500: 7.5% of net cost

• Arranging access and assessing costs with contractor;
• Ensuring work has been carried out in accordance with the specification of works
• Arrangement fee for refurbishments over £2000 10% of net cost
• Arranging access and assessing costs with contractor;
• Ensuring work has been carried out in accordance with the specification of works

Rent Review Fee: £30 (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): £90 (inc VAT)

• Contract negotiation, amending and updating terms and arranging a further tenancy and agreement
• Consultancy Fee £60 (inc VAT per hour
• Court Attendance £60 (inc VAT) per hour
• Preparation of documentation for County Court proceedings £60 (inc VAT) per hour
• Amending a Tenancy Agreement as requested by your Solicitor £60 (inc VAT) per hour
•  Instructing contractors where we do not manage a property £6 (inc VAT) per hour
• Providing duplicate statements £6 (inc VAT) per statement
• Providing Rent and Legal protection cover (FM service only) 3% of the monthly rent
   

IF YOU HAVE ANY QUESTIONS ON OUR FEES, PLEASE ASK A MEMBER OF STAFF

Client money protection (cmp) provided by: arla

Independent redress provided by: tpos

Additional Fees:

LANDLORD FEES

ALL PRICES INC VAT

• IN ADDITION MOTOR MILEAGE FEES MAYBE APPLICABLE
   
• PROPERTIES IN EXCESS OF £2,000PCM RENT. INVENTORY FEE – 10% OF MONTHLY RENT. UPDATE FEE – 7.5% OF MONTHLY RENTAL