Landlord Fees - Norwich

Setup Fee

Fee for Introduction Only- 75% of first month’s rent (90% inc. VAT)

Fee for Full Management Service- 50% of first month’s rent (60% inc. VAT)

• Agree the market rent and find a tenant in accordance with the landlord guidelines
• Advise on refurbishment
• Provide guidance on compliance with statutory provisions and letting consents
• Carry out accompanied viewings (as appropriate)
• Market the property and advertise on relevant portals
• Erect board outside property in accordance with Town and Country planning Act 1990
• Advise on non-resident tax status and HMRC (if relevant)

Management of property

Fee for Full Management Service- 10% of month’s rent (12% inc. VAT)

• Ensure compliance of property and organise engineers as necessary
• Arrange required maintenance as necessary (no commission added – landlord only pays for the required works and is provided with invoices from contractors)
• Deposit registration and dispute negotiation included for every tenancy
• Collection of rent from tenants and chasing any arrears
• Six to twelve month property inspections
• Arranging of check out and inventory between tenancies

Deposit Registration Fee – £60 (inc VAT)

Fee for Introduction Only- £100 (inc. VAT)

Fee for Full Management Service- Included in management package

• Register landlord and tenant details and protect the security deposit with a Government-authorised Scheme
• Provide the tenant(s) with the Deposit Certificate and Prescribed Information within 30 days of start of tenancy

Renewal Fee (landlords share) – £250 (inc VAT)

• Contract negotiation, amending and updating terms and arranging a further tenancy and agreement

Fee for Introduction Only- £250 (inc. VAT)

Fee for Full Management Service- Included in management package

• Charged in the event of a deposit dispute negotiation

Fee for Introduction Only- £125 (inc. VAT) per hour

Fee for Full Management Service- Included in management package