Landlord Fees - Stoke on Trent
If you are an experienced or new landlord with a property that you wish to market in the professional sector in Stoke on Trent or Newcastle under Lyme and would like to take advantage of our specialist knowledge, competitive prices and fast-paced letting please contact us.
Our Professional Lettings methods have been refined from a thoroughly researched, tried and tested model to ensure that we have a constant stream of quality working tenants looking for properties with us. We use a blend of traditional marketing approaches such as our own website, rightmove and other portals but also push our social media and marketing presence through interactions on facebook and twitter encouraging communications with professional tenants to increase the viewings on your property.
We look forward to hearing from you and please do not hesitate to contact us should you require further information.
Nicholas Humphreys is an award-winning Professional Letting Agent with an extensive presence across the UK and has recently launched in Stoke on Trent! We are proud to provide quality accommodation for families and young professionals and we are looking to develop our portfolio of properties to comprise of a wide selection of housing across Stoke on Trent and Newcastle Lyme to cater for all budgets and requirements.
Should you be a landlord with a property that you wish to market in the professional sector in Stoke on Trent and would like to take advantage of our specialist knowledge, competitive prices and fast-paced letting please do not hesitate to contact us.
Landlords with larger portfolios of properties are able to benefit as we are able to offer a special discounted introductory offer for our larger landlords. Should you wish to book free no obligation market appraisals or a portfolio review please contact our Lettings Director Rob Butters.
| Service | Fee |
|---|---|
|
Fully Managed Services |
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Tenant Set Up Fee |
60% of a month’s rent (Minimum fee of £720 inc of VAT) |
|
Fully Managed Service |
15% |
|
Tenancy Administration Fee |
£7.20T per tenant per month |
|
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 |
*Please note, a minimum fee of £420 (£350 plus VAT) applies to each individual tenancy.
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 (CMP0 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.
We’re partnered with deposit replacement company Reposit.
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
| Service | Tenant Find Only | Fully Managed |
|---|---|---|
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Advise and agree on market rent |
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Provide guidance on compliance with statutory provisions and letting consent |
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Complete Right To Rent checks |
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Erect board outside property in accordance with Town and Country Planning Act 1990 (where possible) |
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Market the property and advertise on relevant portals |
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Carry out accompanied viewings (as appropriate) |
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Advise on any possible improvement works |
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Deposit Registration |
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Full detailed and photographic inventory |
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Social media advertising |
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Issue any relevant notices required to legally end a fixed term tenancy |
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Oversee any necessary maintenance |
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Co-ordinate and oversee any safety checks which are legally required |
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Dress to impress photography service |
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Demand, collect and remit the monthly or quarterly rent for the property |
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Undertake routine inspections per annum notify the landlord of the outcome |
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Undertake a pre final inspection of the property and prior to the expiry of the tenancy |
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Pursue nonpayment of rent and provide advice on rent arrears action |
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Security deposit dilapidation negotiations |
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Hold keys throughout the tenancy |
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What we can do for you
Market Appraisal