Landlords Fees

SCHEDULE 1 - SERVICES & FEES

This Schedule forms part of the Agreement. Fees are exclusive of VAT, which will be applied at the prevailing rate.

The Agent may update this Schedule in accordance with clause 51.

A. GENERAL

No upfront fees are required unless expressly stated. Fees may be deducted from rent or Client Money where sufficient funds are held; otherwise, invoices are payable when due.

B. TENANT FIND / LET ONLY SERVICE

• Fixed Fee: £496.00. This applies regardless of rental value.
• Market Appraisal – rental valuation in line with current market conditions.
• Marketing & Advertising – professional photography, property description, major portals, website, social media, board erection and accompanied viewings.
• Tenant Due Diligence – credit checks, ID verification, Right to Rent checks, landlord/employer references and affordability assessment.
• Tenancy Documentation – negotiation, preparation and execution.
• Check-In & Key Handover – appointment, legal paperwork, inventory where applicable, meter readings and keys.
• Deposit Registration – collection, protection, registration and prescribed information.

C. FULLY MANAGED SERVICE

• Initial Set-Up Fee: £416.00
• Management Fee: the agreed percentage of the monthly rent payable under the tenancy agreement.
• Initial Set-Up Includes:
• Market appraisal.
• Full marketing and advertising.
• Tenant sourcing and referencing.
• Tenancy agreement preparation and execution.
• Deposit registration.
• Utility and council tax notification as outlined in the Agreement.
• Check-in including documentation, inventory where applicable and key handover.
• Ongoing Management Includes:
• Rent collection and financial management.
• Maintenance coordination as agent only.
• Periodic inspections at the Agent’s discretion and in line with compliance requirements.
• Tenant liaison and day-to-day management.
• Annual rent reviews in line with market conditions and legislation.
• Service of statutory notices, including Section 13 where applicable.
• Check-out management, including deposit negotiation and release. 

D. ADDITIONAL FEES

• Additional Tenant / Guarantor Referencing – £130.00
• Photographic Inventory – £180.00
• Inspections and Additional Property Visits – £55.00
• Annual Rent Review & Increase including serving legal documents and record keeping – £130.00
• Notice of Possession (Section 8) – £150.00
• Deposit Dispute Handling – £200.00
• Check-Out Service (Let Only) – £180.00
• Annual Tax and Expenses Analysis Reports – £10.00
• Maintenance Arrangement Fee – 10%, minimum £40.00
• Additional Quotation – £40.00 per additional quotation.
• Legal/Tribunal Attendance – £300.00 per attendance per day.
• Rent Arrears / Debt Recovery – 10% of amounts recovered.
• Withdrawal before tenancy – £300.00 plus reimbursable third-party costs.
• Termination after tenancy commencement – £550.00 subject to the Agreement.
• Sale to Tenant – 1.5% of agreed purchase price where applicable.