You may or may not be aware that letting your property comes with some additional costs for certain services, some services of which are mandatory and some are optional. Below is a list of all services and their costs. Should have any questions at all please contact our Lettings team on 01932 500415 and the team would be delighted to assist you.
Fully Managed Service |
Fee |
Total Inc VAT |
Monthly fee |
15% + VAT |
18% |
Tenancy Set up Fee |
£185 + VAT |
£222 |
Deposit Registration |
£60+ VAT |
£72 |
Inventory |
See separate |
Schedule |
Renewal Fee (Landlord share) |
£100 + VAT |
£120 |
Check out Fee |
See Separate |
Schedule |
Gas Safety Inspection |
£90+ VAT |
£108 |
Annual Submission of Non-resident Landlords to HMRC |
£50 + VAT |
£60 |
Additional Property Visits |
£60 + VAT |
£72 |
Court attendance |
£30 + VAT per hour + Expenses |
£36 per hour + expenses |
Withdrawal fee before a tenancy has started |
£100 + VAT |
£120 |
Take over management fee |
£300 + VAT |
£360 |
Single Claim Deposit Dispute |
£125 + VAT |
£150 |
The following services are optional
EPC |
£90 + VAT |
£108 |
Replacing Smoke/Carbon Monoxide alarms |
£40 + VAT per alarm |
£48 per alarm |
Rent Collect Service |
FEE |
Total Inc VAT |
Monthly Fee |
12.5% + VAT |
15% |
Tenancy Set up Fee |
£185 + VAT |
£222 |
Deposit Registration |
£60+ VAT |
£72 |
Inventory Fee |
See separate |
Schedule |
Check Out Fee |
See Separate |
Schedule |
Gas safety Certificate |
£90 + VAT |
£108 |
Renewal Fee |
£100 + VAT |
£120 |
Annual Submission of Non-Resident Landlords to HMRC |
£50 + VAT |
£60 |
Withdrawal fee |
£100 + VAT |
£120 |
EPC |
£90 + VAT |
£108 |
PAT and electrical Testing |
|
|
Replacing Smoke/Carbon Monoxide Alarms |
£40 + VAT per alarm |
£48 per alarm |
Single Claim Deposit Disputes |
£125 + VAT |
£150 |
Deposit Negotiation Fee |
£300 + VAT |
£360 |
Let Only Service |
Fee + VAT |
Total Fee |
Up front fee |
10% + VAT |
12% |
Tenancy Set up fee |
£100 + VAT |
£120 |
Registration of the Deposit |
£60 + VAT |
£72 |
Gas Safety |
£90 + VAT |
£108 |
Renewal Fee As per original agreement on a sliding scale over 3 Years of total tenancy |
Year 2- 8% + VAT Year 3- 6 % + VAT |
Year 2 – 9.6% Year 3- 7.2% |
Renewal Tenancy Agreement |
£100 + VAT |
£120 |
Withdrawal Fee |
£100 + VAT |
£120 |
Deposit Negotiation Fee |
£300 + VAT |
£360 |
Optional Fees
EPC |
£90 + VAT |
£108 |
Replacing Smoke and Carbon Monoxide Alarms |
£40 + VAT Per Alarm |
£48 per alarm |
Inventory |
See separate schedule |
< |
Check Out |
See separate schedule |
< |
INVENTORY FEES |
||
UNFURNISHED |
FEE |
Total Inc VAT |
1 bedroom |
£120 + VAT |
£144 |
2 Bedroom |
£145 + VAT |
£174 |
3 Bedroom |
£170 + VAT |
£204 |
4 Bedroom |
£195 + VAT |
£234 |
5 + Bedrooms |
£220 + VAT |
£264 |
INVENTORY FEE |
||
FURNISHED |
FEE |
TOTA Inc VAT |
1 Bedroom |
£150 + VAT |
£180 |
2 Bedroom |
£180 + VAT |
£216 |
3 Bedroom |
£210 + VAT |
£252 |
4 Bedroom |
£240 + VAT |
£288 |
5 + Bedrooms |
£270 + VAT |
£324 |
CHECK OUT FEE |
||
UNFURNISHED |
FEE |
Total Inc VAT |
1 bedroom |
£85 + VAT |
£102 |
2 Bedroom |
£95 + VAT |
£114 |
3 Bedroom |
£110 + VAT |
£132 |
4 Bedroom |
£125 + VAT |
£150 |
5 + Bedrooms |
£140 + VAT |
£168 |
CHECK OUT FEE |
||
FURNISHED |
FEE |
TOTA Inc VAT |
1 Bedroom |
£105 + VAT |
£126 |
2 Bedroom |
£120 + VAT |
£144 |
3 Bedroom |
£135 + VAT |
£162 |
4 Bedroom |
£155 + VAT |
£186 |
5 + Bedrooms |
£175 + VAT |
£210 |