Letting Fees

LANDLORD FEES

RENT COLLECTION

Initial set up fee per Tenancy of £420 (£350 plus VAT) then 10.2% of the monthly rent (8.5% plus VAT)

  • Full Property Marketing including all three major property portals - Rightmove, Zoopla and OnTheMarket
  • Accompanied viewings
  • Fully referencing the tenants (using Let Alliance)
  • Completion of Tenancy Agreement
  • Protection of the Tenants Deposit with the Deposit Protection Service
  • Processing the 1st month's rent
  • Collection of ongoing monthly rents and issuing landlord statements

FULL MANAGEMENT

Initial set up fee per Tenancy of £420 (£350 plus VAT) then 15.0% of rent (12.5% plus VAT)

  • Full Property marketing including all three major property portals - Rightmove, Zoopla and OnTheMarket
  • Accompanied viewings
  • Fully referencing the tenants (using Let Alliance) 
  • Completion of Tenancy Agreement
  • Processing the Tenants Deposit with the Deposit Protection Service
  • Processing the 1st month’s rent for Landlord
  • Collect on-going monthly rents & generate rent statements
  • Management of Property repairs
  • Regular periodic visits to property with a written report
  • Ensuring Legal compliance for required safety certificates
  • Ensuring correct Notices served when possession is required
  • Accompanied Check-outs

LET ONLY

Initial set up fee of 1 months rent.  Minimum Charge £420 (£350 plus VAT),

  • Full Property marketing including all three major property portals - Rightmove, Zoopla and OnTheMarket
  • Accompanied viewings
  • Fully referencing the tenants (using Let Alliance) 
  • Completion of Tenancy Agreement
  • Processing the Tenants Deposit into the Deposit Protection Service & then transfer to Landlords DPS account.
  • Processing the 1st month’s rent for Landlord

ADDITIONAL FEES

  • Inventory Preparation £120 (£100 plus VAT)
  • Annual Deposit Dispute Service Charge £36 (£30 plus VAT)
  • Additional Property Visits £25 (£21.67 plus VAT)
  • Insurance claim handling fee: 10% plus VAT (12% Inclusive of VAT) of cost of works before VAT
  • Professional hourly rate £60 (£50 plus VAT) per hour
  • Re-signing fee: £60 (£50 plus VAT) payable where The Agent, with your agreement, arranges a renewal of tenancy to an existing tenant.

Cancellation

Where Full Management or Rent Collection service is cancelled during the tenancy (including any fixed extensions, or periodic stages) a fee of £300 (£250 plus VAT) will be payable. We will require at least one tenancy months notice.

A withdrawal fee of £90 (£75 plus VAT) will be charged in the event of a let being agreed verbally but prior to the tenancy agreement being signed. The withdrawal fee is to cover the costs incurred by the agent in obtaining references, attending viewings and travel expenses.

 

TENANT FEES

Tenant Charges for Tenancies that commence from 1 June 2019

In addition to paying the rent, you may also be required to make the following payments permitted under the Tenant Fees Act 2019.

If the Tenant wishes to have a Pet at the property and the Landlord agrees to accept a Pet at the property then the Landlord may wish to receive additional rent of £20 pcm

Before the tenancy starts (payable to Belvoir  ‘the Agent’)

Holding Deposit: 1 week’s rent
Deposit: 5 week’s rent

During the tenancy (payable to the Agent)

Payment of interest for the late payment of rent at a rate of 3% above the Bank of England Base Rate

During the tenancy if permitted and applicable

  • Utilities – gas, electricity, water and sewerage
  • Communications – telephone and broadband
  • Installation of cable/satellite
  • Subscription to cable/satellite supplier
  • Television licence
  • Council Tax

Other permitted payments

Any other permitted payments, not included above, for breaches of contract or under the relevant legislation including contractual damages. These may include reasonable costs or losses incurred for loss of keys, security devices and changes to the tenancy agreement or early termination, if the Landlord agrees they can be made, up to the permitted limits.

We are also a member of The Property Ombudsman (TPO) which is a redress scheme.

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