Landlord Fees - Manchester
| Tenant Find Only |
|---|
|
Market appraisal, full marketing, full referencing (where applicable), drafting and signing of contracts |
| 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 |
| Fee | Charge |
|---|---|
|
Fully Managed Services |
|
|
Tenant Set Up Fee |
£300 inc VAT per lettable bedroom, subject to property valuation (Minimum fee of £720 inc of VAT) |
|
Fully Managed Service |
12.6% Inc Vat |
|
Licensing Applications (including inspections & liaising with council) |
£250.00 Inc Vat |
|
Landlord Withdrawal Fee (Fully Managed) |
Placement fee of £300 inc. VAT per bedroom if the property has been let for the next academic year. 6 months’ notice. |
|
Deposit Arbitration (in case of disputes) |
£120 Inc. Vat (£100 plus VAT) |
|
Professional Hourly Rate |
£60 Inc.Vat (Minimum of 1 hour) |
|
Court Attendance Fee |
Professional Hourly Rate + costs incurred (Including travel) |
|
Tenancy Renewal Fee |
50% of the Tenant Set Up Fee |
|
Annual Statement for Tax Returns |
£24 Inc.Vat per Owner Statement |
|
Market appraisal for Non-Selling Purposes |
£72 Inc.Vat per property |
|
Same day payment (payments are processed and sent every Thursday) |
£24 Inc. Vat |
|
Additional property visit (ie to meet a surveyor up to 30 minutes) |
£36 Inc.Vat |
|
Let Only Services |
|
|
Let Only Service |
£300 Inc. Vat per lettable bedroom, subject to property valuation
Minimum fee £720 inc VAT |
|
Change of tenant/Variation of contract |
50% of the Let Only Fee |
Referral Fee – We may also receive commissions from: 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.
There are numerous benefits of using Reposit for deposit replacements as a landlord:
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.
- 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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