Landlord Fees - Manchester
| Tenant Find Only | |
|---|---|
|
Market appraisal, full marketing, full referencing (where applicable), drafting and signing of contracts, deposit collection
Photographic inventory fee (for tenant find only) |
7.2% (inc VAT) – subject to property valuation (Min £660 inc vat)
£120 (inc VAT) |
| Fully Managed | |
|---|---|
|
All of the above plus registration of deposits with the TDS rent collection check in/out appointments, inventory, inspections, full access to maintenance service, allocated property managers, serving appropriate legal notices, re-advertising of property |
15% (inc VAT) + 60% standard month’s rent – subject to property valuation
£7.20 (inc VAT) per tenant per calander month tenancy administration fee |
| Fee | Charge |
|---|---|
|
Fully Managed Services |
|
|
Tenant Set Up Fee |
60% of a month’s rent (Minimum fee of £720 inc of VAT) |
|
Fully Managed Service |
15% |
|
Licensing Applications (including inspections & liaising with council) |
£250.00 |
|
Landlord Withdrawal Fee (Fully Managed) |
14.4% of 6 months’ rent (12% plus VAT) |
|
Deposit Arbitration (in case of disputes) |
£120 (£100 plus VAT) |
|
Professionally Hourly Rate |
£36 (Minimum of 1 hour) |
|
Court Attendance Fee |
Professionally Hourly Rate + costs incurred (Including travel) |
|
Tenancy Renewal Fee |
50% of the Tenant Set Up Fee |
|
Annual Statement for Tax Returns |
£24 per Owner Statement |
|
Valuation for Non-Selling Purposes |
£72 per property |
|
Same day payment (payments are processed and sent every Thursday) |
£24 |
|
Additional property visit (ie to meet a surveyor up to 30 minutes) |
£36 |
|
Additional property visit (ie to meet a surveyor or take delivery of packages) up to 30 minutes |
£30 |
|
Let Only Services |
|
|
Let Only Service |
£264 per lettable bedroom (Minimum fee of £720 inc of VAT) |
|
Change of tenant/Variation of contract |
£264.00 per tenancy agreement (£220.00 plus VAT) |
|
Tenancy Renewal Fee |
50% of the Let Only Fee |
Referral Fee – We may also receive commissions from: Contractors, Insurance companies, Referencing companies, Utility providers and others. These commissions will not be included in the contractor invoice and can be up to 20% (inc VAT) of the total invoice.
CLIENT MONEY PROTECTION (CMP) PROVIDED BY ARLA.
INDEPENDENT REDRESS PROVIDED BY THE PROPERTY OMBUDSMAN (TPO).
IF YOU HAVE ANY QUESTIONS ON OUR FEES PLEASE ASK A MEMBER OF STAFF.
As a landlord, this means you will be provided with insurance cover for up to eight weeks’ rent – three weeks’ more cover than a traditional cash deposit.
There are numerous benefits of using Reposit for deposit replacements as a landlord:
- Free of charge
- Attractive for tenants, who pay a one-week service charge, rather than a traditional deposit of five weeks’ rent up front
- Provides up to eight weeks’ rent to cover your property, protecting landlords from unreasonable damage and rent arrears
- Tenants are still liable for any damages, cleaning and arrears. If any payments are required at the end of the tenancy, Reposit recovers payment from tenants. Responsible tenants are rewarded with a lower rate next time they use Reposit
For more information and advice on using Reposit’s deposit replacement scheme, please contact our Lettings team
What we can do for you
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