Fees & charges

Landlord fees

For a let only service equivalent to 8.5% of the gross yearly rental for the preparation of the Tenancy Agreement and taking up references prior to the commencement of the Tenancy.
Letting with management 4% initial letting fee.
For full management 12% of the gross monthly rental for the duration of the letting.
If tenant withdraws or fails referencing. the referencing fee will be charged to the Landlord from £35.00.
£40 for carrying out any periodical inspection of the property when it is empty between lettings.
To oversee or project manage large works or structural improvements/refurbishment will incur a 10% uplift on all bills minimum charge £500.00.
EPC £45.00. Normal floor plan charge ranges between £30.00-£60.00, depending on the size of the property. However, floor plan is optional and if done with EPC is discounted.
Preparation of a Section 21 Notice £75.00.
£175 fee for annual renewal of tenancy.
Rent increase notice Section 13(2) £95 fee.
Rent Guarantee Warranty (12 months cover) from £209.00.
1. Full reference check from £25.00 per person checked. Credit check ONLY £20.00
2. 'Right to Rent' check, which checks prospective tenants right to live in the UK, via their passports, visas and other legal travelling documentation £10.00.
SMART Inventory check-out fee from £109.00. Fee varies upon the size of the property.
Fee to protect tenant deposit (with MY DEPOSITS) £24.00.
To re-protect the tenant deposit as SPT (with no rent increase) £25.00.
Key cutting £10.00 plus cost of keys.
Supply of smoke alarm, £40.00.
Supply of CO2 alarm, £50.00
Pre-tenancy smoke alarm test (if not carried out by inventory clerk) £35.00.
We will charge £2.50 for every copy statement requested by the landlord.
Virtual Tour Package from £125.00.

Example:

Rent Value = £1000.00 x 12 = £12,000.00
- Less Let Only Fee 8.5% = £1020.00.
- Total net income = £10,980.00 per annum

Rent Value = £1000.00 x 12 = £12,000.00
- Less initial management fee 4% = £480.00

Rent Value = £1,000.00
- Less Management fee 12% = £120.00
- Total net income = £880.00 per calendar month