Landlord Fees
What will it cost?
We have a range of services to suit all landlords, from simply securing you a tenant to our full tenancy management package.
Tenant Acquisition
This service includes:
- Free appraisal
- Marketing the property both online and by traditional methods
- Finding the tenant(s)
- Negiotiating tenancy terms
- Vetting the tenants
- Ensuring the property and you are compliant pre-tenancy
- Arranging the deposit registration and inventory compilation
- Handing over of keys to the tenant at the commencement of the tenancy
- Transferring the utilities into the tenant's name.
This service is charged at 60% of the first month’s rent agreed for the term of tenancy, subject to a minimum fee of £500.
Tenant Acquisition and Financial Management
This service includes all of the above plus:
- Collection of the rental due throughout the term of the tenancy
- Forwarding any payments received to a UK bank account of your choice
- Monthly accounting
- Dealing with any arrears should they arise.
This service is charged at 7.5% of the rent agreed for the term of tenancy, charged and deducted monthly.
Full Management Service
This service is recommended for anyone that is not qualified in the legal aspects of letting property.
This service includes all of the above for both Tenant Acquisition and Financial Management services plus:
- Regular inspections of the premises to ensure continued compliance for both yourself and the tenants
- 24/7 handling of maintenance issues
- Negotiating rental increases
- Updated legislation compliance
This service is charged at 10% of the rent agreed for the term of tenancy, charged and deducted monthly.
Additional Fees
Fee for tenancy agreement and references – £350
Service of Notices £150