Additional Non-Optional Fees and Charges Pre-Tenancy Fees (All Service Levels)
Arranging and facilitating statutory compliance (this is in addition to the costs of the item itself) if not provided on instruction or undertaken by the landlord:
Energy Performance Certificate (EPC) £95 (inc. VAT) per tenancy
Gas Safety Certificate (GSR) £100 (inc.VAT) per tenancy
Portable Appliance Testing (PAT) £95 (inc. VAT) per tenancy
Legionella Risk Assessment £120 (inc. VAT) per tenancy
Installing Smoke alarms and or Carbon Monoxide (Single Lithium Battery operated) £140 (inc. VAT) per tenancy
Testing Smoke alarms and Carbon Monoxide detectors on the first day of the tenancy £60 (inc. VAT) per tenancy
Handling local authority licensing application £200 (inc. VAT) per tenancy
Visual check in compliance with the Homes Act 2018 on the first day of the tenancy £120 (inc. VAT) per tenancy
Set-up Fees: £200 (inc. VAT) per tenancy
Referencing for up to two tenants (ID checks, Right-to-Rent check, financial credit checks, obtaining references from current or previous employers / landlords and any other relevant information to assess affordability) as well as contract negotiation (amending and agreeing terms) and arranging the signing of the tenancy agreement.
Additional Tenant Referencing Fees: £50 (inc. VAT) per tenant
Guarantor Fees: £100 (inc. VAT) per guarantor
Covering credit referencing and preparing a Deed of Guarantee (or as part of the Tenancy Agreement).
Permitted Occupier Fees: £60 (inc. VAT) per permitted occupier
Explaining to any permitted occupier their rights and responsibilities towards the named tenant(s) and landlord.
Deposit Registration Fees (where collected): £80 (inc. VAT) per tenancy
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 the tenancy start date.
Inventory Fees: Dependant on the number of bedrooms and/or size of the property and any outbuildings.
Agent accompanied Check-in Fees: £120 (inc. VAT) per tenancy
Attending the property to welcome the tenant(s), confirm the Inventory and Schedule of Condition, explain the operation of appliances, highlight the location of utility meters, stop-cocks etc. and test that all smoke alarms and carbon monoxide detectors are present and in working order. This is subject to an approved Inventory as above.
Landlord Withdrawal Fees (before move-in): £350 (inc. VAT) per tenancy
To cover the costs associated with the marketing, advertising and tenancy set-up should the landlord withdraw from the tenancy before it has started.
Additional Property Visits: £100 (inc. VAT) per visit
Should the landlord request property visits in addition to those within their existing Terms of Business, this covers the costs of attending the property.
Rent Review Fees: £80 (inc. VAT) per tenancy
Review rent in accordance with current prevailing market conditions and advise the landlord, negotiate with the tenant(s), direct tenant(s) to make payment change as appropriate, update the tenancy agreement and serve a Section 13 Notice if the tenancy is on a periodic basis.
Renewal Fees: £120 (inc. VAT) per tenancy
Contract negotiation, amending and updating terms and arranging for the signing of a further tenancy agreement.
Right-to-Rent Follow-Up Check: £120 (inc. VAT) per check
Undertaking a repeat check in person on a time-limited visa in accordance with the Immigration Acts 2014 and 2016. Notifying the Home Office should an illegal overstayer be identified. This does not apply to a Tenant-Find service.
Landlord Withdrawal Fees (during tenancy): £350 (inc. VAT) per tenancy
To cover the costs associated with advising the tenant on the change and the position of the security deposit, transferring the security deposit to the landlord or new agent, notifying all utility providers and local authority (where necessary) and returning all relevant documents held by the agent to the landlord. This does not apply to a Tenant-Find service.
Arrangement Fees for works over £100: 15% of net cost (inc. VAT)
Arranging access and assessing the costs with any contractors, ensuring work has been carried out.
Check-out Fees:Dependant on the number of bedrooms and/or size of the property and any outbuildings. Attending the property to undertake an updated Schedule of Condition based on the original inventory and negotiating the repayment of the security deposit.
Tenancy Dispute Fee: £150 (inc. VAT) per tenancy
The costs associated with the preparation of all evidence and submitting the case to the tenancy deposit scheme as well as dealing with all correspondence relating to the dispute. This only applies where the agent has protected the deposit.
Fees for the service of Legal Notices (Section 8 or Section 21): £120 (inc. VAT) per Notice
Court Attendance Fees: £100 (inc. VAT) per hour.
Financial Charges
Interest on Unpaid Commission: 4% above the Bank of England Base Rate from Due Date until paid.
Contractor Commission: 15% of contractors invoice (inc. VAT)
To cover the costs associated with arranging and facilitating the visit of a vetted professional tradesperson.
Submission of Non-Resident Landlords receipts to HMRC £120 (inc. VAT) quarterly
To remit and balance the financial Return to HMRC on both a quarterly and annual basis.
Additional HMRC Reporting Fees: £120 (inc. VAT) per request
Responding to any specific queries relating to either the quarterly or annual Return from either the landlord or HMRC.
Fees for providing an Annual Income and Expenditure Schedule: £80 (inc. VAT) annually.
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