Landlords' Fees

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Find a Tenant, Full Management and Rent Collection, from 10% (exc VAT),

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Find a Tenant only service, from 8% no Renewal Fees. No Admin Fees.

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Management only fees, from 3%. 

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Lettings only includes:

Find a tenant in line with landlord guidelines

Advise on preparation of the property for letting

Provide guidance on compliance and health & safety

Market the property and advertise on relevant portals

Carry out accompanied viewings

Collect and hold the deposit as stakeholder

Provide tenant with method of payment, remit rent as received

Prior to the end of tenancy, discuss renewal or termination

 

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Letting and property management includes:

Same as lettings plus:

Arrange routine repairs and instruct approved contractors

Liaise with utility suppliers

Hold keys throughout tenancy

Retain a working fund and deal with day to day management

Approve supplier invoices

Test smoke & carbon monoxide alarms

Carry out a property visit at least once per year

Provide an emergency out of hours service

Deposit negotiations

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Tenant Fees

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Tenant charges
(inc. VAT at 20% where applicable.)
 

AST Tenancies
Holding deposit, per tenancy* equal to one week’s rent
Initial rent, per tenancy not less than one month
 

Deposit, per tenancy:
– annual rent under £50,000 equivalent of 5 weeks’ rent
– annual rent over £50,000 equivalent to 6 weeks’ rent
 

Addendum to amend terms during a tenancy, requested by tenant** £50 or reasonable costs
 

Change of sharer during tenancy** £50 plus landlord’s reasonable costs
Early termination** a charge not exceeding the financial loss experienced by the landlord
Late rent payment payable once rent is 14 days or more overdue and levied 3% above Bank of England Base Rate from first day of rent arrears period
Lost keys or security device actual cost of replacement (lost keys or lock changes may incur a £15 per hour administration charge, depending on circumstances)
Lock change or repair locksmith’s charge

Non-AST Tenancies
Holding deposit, per tenancy* equal to one week’s rent
Referencing
charge per individual applicant (inc right to rent check), guarantor or company £ 66.00
Initial Right to Rent check, per permitted occupant (other than tenant) £ 6.00
Re-checking Right to Rent, per adult occupant £ 6.00
Initial tenancy agreement, per party £ 300.00
Renewal tenancy agreement, per party £ 300.00
Inventory check-in, per tenancy £ 130.00
Initial rent, per tenancy not less than one month
Deposit, per tenancy usually equivalent to 6 weeks’ rent
Addendum to amend terms during a tenancy, requested by tenant** £ 120.00

Change of sharer during tenancy**
– Tenancy agreement (to inc. referencing and Right to Rent checks) £ 450.00
– Inventory check-in (if requested by landlord) £ 130.00
– Tenancy deposit protection administration £ 60.00

Early termination** a charge to cover the landlord’s financial loss
Late rent payment payable once rent is 14 days or more overdue and levied 3% above Bank of England Base Rate from first day of rent arrears period

*Holding deposits will be offset against the initial rental payment if the application is successful. Please ask to see the
conditions of the holding deposit receipt form as to whether all or part of the above will be refunded should the tenancy
not proceed.
 

**Subject to landlord’s consent

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