Landlord fees

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
Additional Fees
Renewal Fee (landlords share)

  • Contract negotiation, amending and updating terms and arranging a further tenancy and agreement
50% (inc VAT) of the quoted finders fee
Arbitration Fee

  • Charged in the event of a deposit dispute negotiation
£90 (inc VAT)
Court Attendance£120 (inc VAT) per hour
Fee in case of early termination of managed service12% (inc VAT) of six months rent
HMO Applications

  • Processing applications, assessment of the property, liaising with the local authority
£250 (inc VAT)
Interest on Unpaid Invoices

  • Invoice payments outstanding after our 30 day payment terms, plus 10% above the Bank of England Base Rate from due date until paid
£25 (inc VAT)
Same Day Payment Fees

  • Should the landlord request a payment faster than the agreed timescales within their existing terms of business, this covers the cost of providing a same-day payment
£30 (inc VAT)
Vacant Property Management Fee

  • To cover the costs associated with visiting the property to undertake visual checks on the inside and outside of the property at a mutually agreed frequency with the landlord
£60 (inc VAT) per visit
Deposit Transfer Fee

  • Should the landlord request any changes to a protected deposit during a tenancy, this covers the costs associated with legal compliance for said request
£60 (inc VAT)
Formal Mortgage Valuation Fee

  • To cover the costs of undertaking a formal written valuation for mortgaging, probation or tax purposes
£72 (inc VAT)

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.

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