Updated February 2025
| Service | Description | Charge (including VAT) |
|---|---|---|
| Set-up Fee – Fully Managed & Rent Collection | Agree on market rent, find a tenant, advise on refurbishment, ensure compliance with statutory provisions, conduct accompanied viewings, market the property, advertise on relevant portals, erect board outside property, advise on non-resident tax status and HMRC (if relevant). Protect the deposit in a governed scheme. | £300 fixed fee |
| Management Fee | Same as above but without rent protection. | 12% of the rent per calendar month |
| Renewal contract fees | Including rent review, contract negotiations, amending and updating terms and arranging for the signing of a further tenancy agreement. | £150.00 |
| Rent Collection Fee | Collect and remit monthly rent, deduct commission and other works, pursue non-payment, provide advice on rent arrears actions, provide tenant with NRL8 (if relevant). | 9% of the agreed monthly rent |
| Property Inspections (tenant find service) | Completion with photographic report of property, check of maintenance, condition and any specific request from the landlord. | £75.00 |
| Vacant Property Management Fees | Additional checks requested by the owner, during vacant period. E.g. to satisfy insurance terms and conditions. | £25.00 |
| Legionnaires Risk Assessment | Arrange access and retain certificate. | Price upon request |
| Electrical Installation Condition Report (EICR) | Arrange access and retain certificate, cost vary subject to size of the property, Basic price for small 2 bedroom property is: | £260.00 |
| Changing Light Bulbs | Arrange for light bulbs to be installed/replaced where not supplied by landlord or at additional request. | £15.00 plus cost of bulbs |
| Key Cutting | Arrange replacement keys, permits, electronic door fobs where not supplied by the landlord. | £10.00 plus cost of key |
| Work Supervision and Arrangement Fees | For repairs and maintenance work exceeding £1000.00. | 10% of work value |
| Care-Taking Service | Visit and check the premises during void periods. | £35.00 per visit |
| Landlord Withdrawal Fees (before move-in): | Should you agree to a tenancy and withdraw prior to its commencement, you agree to cover the reasonable charges and costs such as marketing and tenant referencing etc.. | £250.00 |
| Submission of Non-Resident Landlords receipts to HMRC: | To remit and balance the financial Return to HMRC on both a quarterly and annual basis. | £50.00 per submission |
| Additional HMRC Reporting Fees | Responding to any specific queries relating to either the quarterly or annual Return from either the landlord or HMRC. | £50.00 per visit |