<h1>Fees to Landlords</h1>
<h2>Levels of service offered</h2>
Tenant find: 65% + VAT of the rent (78%)
Rent collection: 5% of the rent +VAT (6%)
INCLUDES:
<ul>
<li>Collect and remit the monthly rent received</li>
<li>Deduct commission and other works</li>
<li>Pursue non-payment of rent and provide advice on rent arrears actions</li>
<li>Make any HMRC deduction and provide tenant with the NRL8 (if relevant)</li>
</ul>
Fully managed: 10% of rent + VAT (12%)
INCLUDES:
<ul>
<li>Collect and remit the monthly rent received</li>
<li>Pursue non-payment of rent and provide advice on rent arrears actions</li>
<li>Deduct commission and other works</li>
<li>Advise all relevant utility providers of changes</li>
<li>Undertake two inspection visits per annum and notify landlord of the outcome</li>
<li>Arrange routine repairs and instruct approved contractors (providing two quotes)</li>
<li>Hold keys throughout the tenancy term</li>
<li>Make any HMRC deduction and provide tenant with the NRL8 (if relevant)</li>
</ul>
<h2></h2>
<h2>Additional non-optional fees and charges (irrespective of level of service):</h2>
Setup Fee (Landlords Share): 50% +VAT of the rent (60%)
<ul>
<li>Agree the market rent and find a tenant in accordance with the landlord guidelines;</li>
<li>Advise on refurbishment</li>
<li>Provide guidance on compliance with statutory provisions and letting consents</li>
<li>Carry out accompanied viewings (as appropriate)</li>
<li>Market the property and advertise on relevant portals</li>
<li>Erect board outside property in accordance with Town and Country Planning Act 1990</li>
<li>Advise on non-resident tax status and HMRC (if relevant)</li>
</ul>
Inventory Fee (landlords share) See attached Schedule 
Dependent on the number of bedrooms and/or size of the property and outbuildings
Deposit Registration Fee: 
£0 for managed landlords / £41.67 +VAT (£50) for let only landlords
<ul>
<li>Register landlord and tenant details and protect the security deposit with a Government-authorised Scheme</li>
<li>Provide the tenant(s) with the Deposit Certificate and Prescribed Information within 30 days of start of tenancy</li>
</ul>
Additional property visits: 
£0
<ul>
<li>To attend for specific requests such as neighbour disputes; more visits are required to monitor the tenancy; or any maintenance-linked visit</li>
</ul>
Submission of non-resident landlords receipts to HMRC 
£0
<ul>
<li>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</li>
</ul>
Arrangement Fee for works 
£0
<ul>
<li>Arranging access and assessing costs with contractor;</li>
<li>Ensuring work has been carried out in accordance with the specification of works</li>
<li>Retaining any warranty or guarantee as a result of any works</li>
</ul>
Arrangement fee for refurbishments over 
£0
<ul>
<li>Arranging access and assessing costs with contractor;</li>
<li>Ensuring work has been carried out in accordance with the specification of works</li>
<li>Retaining any warranty or guarantee as a result of any works</li>
</ul>
Obtaining more than two contractors quotes 
£0
Rent Review Fee 
£0
<ul>
<li>Review rent in accordance with current prevailing market condition and advise the landlord</li>
<li>Negotiate with tenant</li>
<li>Direct tenant to make payment change as appropriate</li>
<li>Update the tenancy agreement</li>
<li>Serve Section 13 Notice if tenancy is on a rolling monthly basis</li>
</ul>
Renewal Fee (landlords share) 
£75 +VAT (£90)
<ul>
<li>Contract negotiation, amending and updating terms and arranging a further tenancy and agreement</li>
</ul>
Checkout Fee (landlords share) 
£0 on managed / £100 +VAT (£120) for let only
<ul>
<li>Agree with tenant check out date and time appointment</li>
<li>Instruct inventory provider to attend</li>
<li>Negotiate with landlord and tenant any disbursement of the security deposit</li>
<li>Return deposit as agreed with landlord and tenant to relevant parties</li>
<li>Remit any disputed amount to Scheme for final adjudication</li>
<li>Unprotect security deposit</li>
<li>Instruct contractors; obtain quotes; organise repairs /replacement/cost of any broken or missing items</li>
</ul>
If you have any questions regarding our fees, please contact us