Landlord fees

Tenant Find

  • Collect and remit initial months’ rent received
  • Provide tenant with method of payment
  • Deduct any pre-tenancy invoices
  • Make any HMRC deduction and provide tenant with the NRL8 (if relevant)
100% of one months rent (inc VAT)
Rent Collection

  • Collect and remit the monthly rent received
  • Deduct commission and other works
  • Pursue non-payment of rent and provide advice on rent arrears actions
  • Make any HMRC deduction and provide tenant with the NRL8 (if relevant)
10% of rent (inc VAT)
Fully Managed

  • Collect and remit the monthly rent received
  • Pursue non-payment of rent and provide advice on rent arrears actions
  • Deduct commission and other works
  • Advise all relevant utility providers of changes
  • Undertake two inspection visits per annum and notify landlord of the outcome
  • Arrange routine repairs and instruct approved contractors (providing two quotes)
  • Hold keys throughout the tenancy term
  • Make any HMRC deduction and provide tenant with the NRL8 (if relevant)
14.4% of rent (inc VAT) – subject to property valuation.
Setup Fee (Landlords Share)

  • 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)
60% of one months rent (inc VAT)
£60 Marketing Fee
Inventory Fee (landlords share)

  • Dependent on the number of bedrooms and/or the size of the property and outbuildings
Ranges from £100 – £200 (inc VAT)
Submission of non-resident landlords receipts to HMRC

  • To remit and balance the financial return to HMRC quarterly – and respond to any specific query relating to the return from the landlord or HMRC
£120 (inc VAT) annual charge
Arbitration Fee (in case of deposit disputes)£90 (inc VAT)
Renewal Fee (landlords share)

  • Contract negotiation, amending and updating terms and arranging a further tenancy and agreement
£120(inc VAT)
Court Attendance£125 (inc VAT) per hour
Fee in case of early termination of managed service14.4% of six months rent (inc VAT)

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.

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