Lettings Fee Guide

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LETTINGS FEE GUIDE

OUR LETTINGS FEES 2023

FULL MANAGEMENT RENT COLLECTION LET ONLY

Marketing and advertising via web portals, media, To Let board and in branch

Organising EPC if required

Registration and qualification of interested potential tenants

Accompanied viewings

Credit check and referencing of accepted potential tenant(s) including Right to Rent check

Arrangement of any necessary safety checks/ certificates prior to tenancy commencement

Preparation and signing of tenancy agreement

Ensuring landlord complies with statutory obligations

Protection of tenant’s deposit

Advise utility providers

Collecting rent and providing monthly statements

Chasing rent arrears and providing advice on necessary actions

Undertaking minimum of two property visits annually and providing a report to the landlord

Arranging and managing maintenance and repairs using approved contractors

Offering advice on market rents and completing rent reviews

Preparing and serving notice requiring possession when required

Arranging deposit return and handling any necessary deductions

Set-up fee (inclusive of VAT): 60% of the first month’s rent with a minimum charge of £540

Monthly management fee:

14.4% of the monthly rent

Marketing and advertising via web portals, media, To Let board and in branch

Organising EPC if required

Registration and qualification of interested potential tenants

Accompanied viewings

Credit check and referencing of accepted potential tenant(s) including Right to Rent check

Arrangement of any necessary safety checks/ certificates prior to tenancy commencement

Preparation and signing of tenancy agreement

Ensuring landlord complies with statutory obligations

Protection of tenant’s deposit

Advise utility providers

Collecting rent and providing monthly statements

Chasing rent arrears and providing advice on necessary actions

Arranging deposit return

Marketing and advertising via web portals, media, To Let board and in branch

Organising EPC if required

Registration and qualification of interested potential tenants

Accompanied viewings

Credit check and referencing of accepted potential tenant(s) including Right to Rent check

Arrangement of any necessary safety checks/ certificates prior to tenancy commencement

Preparation and signing of tenancy agreement

Ensuring landlord complies with statutory obligations

Protection of tenant’s deposit

Advise utility providers

Set-up fee (inclusive of VAT): 60% of the first months’ rent with a minimum charge of £540

Monthly management fee: 8.4% of the monthly rent

Set-up fee (inclusive of VAT): 120% of the first month’s rent

This branch is part of a Client Money Protection Scheme This branch is part of The Property Ombudsman Redress Scheme Regulated by ® Regulated by ®
To help you decide which of our three services is right for you, we have put together a simple checklist for you to see at a glance what is included in each of our service levels.

OUR FEES CONTINUED

CHARGEABLE ADDITIONS (all incl VAT)

Tenancy renewal fee (£120)

Rent review and S13 (£90)

Notice requiring possession (Included)

Check out (Included)

Overseas landlord premium (plus 1.2%)

Arrangements for works over £750 (12% of total costs)

Annual tax return statement (£60)

ADDITIONAL CHARGES (IRRESPECTIVE OF SERVICE) (all incl VAT)

Regulated tenancy renewal fee (set by rent officer) £144

Additional property visits £114 per visit

Taking over the management of a property from another agent £300

Administration of non-resident landlord tax returns £144 per anum

Professional hourly rate (ie court attendance) £96

Standalone letter £14.40 per letter

Sale of property to tenant 1.8% of sale price

Landlord withdrawal fee (during tenancy) One month’s rent +VAT

CHARGEABLE ADDITIONS (all incl VAT)

Tenancy renewal fee (£120)

Rent review and S13 (£90)

Notice requiring possession (£180)

Check out (£300)

Overseas landlord premium (plus 1.2%)

Annual tax return statement (£60)

THIRD PARTY ARRANGEMENT SERVICES (all incl VAT)

Energy performance certificate prep fee £120

Inventory prep fee – one and two beds £150

Inventory prep fee – three beds £180

Inventory prep fee – four+ beds £240

Legionella risk assessment, price on application

Landlord gas safety certificate, price on application

Portable Appliance Testing (PAT), price on application

Electrical Installation Condition Report (EICR), price on application

Exclusive landlord building insurance, quote on application

Rent guarantee insurance, quote on application

Buy to let mortgage advice, initial consultation free

CHARGEABLE ADDITIONS (all incl VAT)

Tenancy renewal fee (£150)

Rent review and S13 (£120)

Notice requiring possession (£240)

Check out (£300)

Overseas landlord premium (N/A)

TENANTS (all incl VAT)

Refundable holding deposit equal to one week’s rent

Variation to tenancy agreement (tenants request) £50

Replacement key due to loss or damage, reasonable costs incurred by the agent

Failure to pay rent in full within 14 days of due date interest at 3% above Bank of England base rate

Company let (contract that is not an assured tenant under Housing Act 1988) £720

Tenant contents insurance, quote on application

If you require anymore information or wish to discuss our fees further, please visit our office and we will be more than happy to help.

Your multi-award-winning agent

For more information about our services please scan the QR code to visit our website or see our social media channels

www.sheldonbosleyknight.co.uk

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