Our experience , legal knowledge and innovative marketing help ensure that we find a thoroughly referenced tenant for your property with the minimal fuss and delay. We can also tailor our comprehensive tenancy agreement to meet your own requirements.
Landlords’ Guide to Services and Fees
LEVEL OF SERVICE OFFERED
Tenant Find Service
INCLUDES:
• Collect and transfer your initial monthly rent
• Deduct any pre-tenancy invoices and where appropriate arrange collection of any shortfall
• Provide tenant with method of payment
90% OF 1st MONTHS RENT INC. VAT
Rent Collection Service
INCLUDES:
• Collect your Rental Payments & provide statements
• Deduct commission, fees and cost of any works if appropriate
• Arrange payments from rent for statutory requirements
• Deal with HMRC returns for Non-Resident Landlords
10% OF MONTHLY RENT INC. VAT
Fully Managed Service
INCLUDES:
• Collect your Rental Payments & provide statements
• Deduct commission, fees and cost of any works if appropriate
• Arrange payments from rent for statutory requirements
• Carry out two property inspections per annum and provide you with a detailed condition report including photographs
• Hold a set of ‘Management Keys’ securely throughout the Tenancy
• Obtain Signatures for Keys & any Manuals issued on move-in day
12% OF MONTHLY RENT INC. VAT
ADDITIONAL NON-OPTIONAL FEES AND CHARGES (IRRESPECTIVE OF LEVEL OF SERVICE)
All Fees stated are inclusive of VAT
Tenancy Setup Fee: £600 (only applicable on our fully managed service and rent collection service)
• Attend your property to give you our rental valuation which will include a complete market research report
• Prepare Colour Details of the property including floorplans and advertise your property in Bond Living magazine
• Market the property on relevant property portals including Rightmove, Zoopla, OnTheMarket and our own website
• Advise you of your Legal & Safety requirements
• Carry out Accompanied Viewings
• Erect a To Let board outside your property
• Obtain Tenant Credit, ID & Immigration Checks, Tenant Employment & Landlord References
• Produce a suitable Tenancy Agreement and obtain signatures
Inventory Fee:
1 bedroom £120
3 bedrooms £150
5+ bedrooms Request Quotation
2 bedrooms £135
4 bedrooms £175
For a furnished property please add an additional £30 to the above prices.
Deposit Registration Fee: Included
• Register landlord and tenant details and protect the security deposit with government-approved scheme
• Provide tenant(s) with the Deposit Certificate and Prescribed Information within 30 days of the start of the tenancy
Additional Property Visits: £60
• To attend for specific requests such as neighbour disputes, more visits are required to monitor the tenancy, or any maintenance linked visits
Quarterly submissions of non-resident landlords’ receipts to HMRC: £60
• To remit and balance the financial return to HMRC quarterly – and respond to any specific query relating to the return from the landlord or HMRC
Rent Review Fee: Included
• Review rent in accordance with market conditions and advise landlord accordingly
• Negotiate with tenant
• Instruct tenant to amend payment details as appropriate
• Update tenancy agreement to reflect any amendments
• Serve Section 13 Notice if appropriate to tenancy
Renewal Fee:
£180 for Rent Collection/Fully Managed or £240 for Let Only Service
• Contract negotiation, amending and updating terms and producing revised tenancy agreement
Checkout Fee: £100
• Liaise with tenant and arrange appointment date and time for check out
• Attending the property to undertake an updated Schedule of Condition based on the original inventory and negotiating the repayment of the security deposit
• Arrange return of deposit to relevant parties in accordance with agreement made
• Remit any disputed amount to Deposit Scheme Provider for final assessment and adjudication
• Unprotect security deposit
• Instruct contractors, obtain quotes, organise any relevant repairs
Electrical Safety Certificate Fee:
1 bedroom £192
3 bedrooms £216
5+ bedrooms Request Quotation
2 bedrooms £192
4 bedrooms £228
Landlord Rent Guarantee Insurance: £30 per month
Court Attendance: £60 per hour
Gas Safety Certificate: £120
Energy Performance Certificate: £80
Annual Financial Income and Expenditure Statement (where requested): £120
IF YOU HAVE ANY QUESTIONS REGARDING OUR FEES, PLEASE GIVE US A CALL TODAY.
Redress Scheme - This firm is a member of The Property Ombudsman - www.tpos.co.uk
Client Money Protection - Bond Residential is a member of The Deposit Protection Scheme
danbury@bondresidential.co.uk
bondresidential.co.uk
