Full Management Service: set up fee £960 including VAT. A charge of 12% including VAT of monthly rent. This is the full cost of the service so no additional fees for Inventories, Check-In, Check-Out, Referencing and currently includes Professional Photography on all newly managed properties:
- Completing a market review and advising as to the best rental income
- Market the property on all the relevant portals to find good tenants
- Conduct a social media campaign
- Complete initial vetting of all applicants by phone
- Carry out accompanied viewings on those that pass vetting
- Provide an overview of successful applicants
- Conduct full referencing on tenants
- Contract negotiations and contract arrangement
- Check-in meeting with tenant
- Provide Tenant Handbook with relevant information covering the tenancy period
- Hold the tenancy deposit in the Deposit Protection Service
- Collect rent and pay over to landlord (normally sent within 7 working days of collection)
- Deal with any rent arrears
- Deal with day-to-day management - instruct contractors for routine repairs, arrange all safety checks
- Ensure all safety certificates are compliant including: Gas Safety, EICR, EPC
- Carry out property inspections on average every 3-4 months
- Annual mid-term inspection report including photos
- Provide an emergency out of hours service
- Complete a full inspection at end of tenancy and preparing and agreeing a schedule of costs relating to any damage or unfair wear and tear prior to releasing the deposit
- Conduct any deposit deduction negotiations if required
- Arranging HMO Licences if required (this can be subject to additional costs but will be discussed)
Professional Inventory = Free of Charge with the Management Service
Contract renewal at end of fixed term: £180 including VAT
Client Money Protection: Propertymark
Independent Redress: The Property Ombudsman
Tenant Find Only Service: Standard Fee 60% of one month’s rent including VAT. Minimum Fee £960 including VAT
- Completing a market review and advising as to the best rental income
- Market the property on all the relevant portals to find good tenants
- Conduct a social media campaign
- Complete initial vetting of all applicants by phone
- Carry out accompanied viewings on those that pass vetting
- Provide an overview of successful applicants
- Conduct full referencing on tenants
- Contract negotiations and contract arrangement
- Collect first month’s rent and deposit
- Check-in meeting with tenant
Additional Fees:
Check-Out Report Fee = £144 to £240 including VAT dependent on size of property
Professional Inventory = £144 to £240 including VAT dependent on size of property
Professional Photography= £168 including VAT
Contract renewal at end of fixed term: £180 including VAT
Register and hold deposit in Deposit Protection Service = £180 including VAT
Issue Section 21 – arranged by third party – costs dependent on service required
Arrange safety certificates – including: Gas Safety, EPC, Electrical Installation Condition Report - £60 inc VAT admin fee per certificate (this charge is additional to the contractor charge)
Client Money Protection: Propertymark
Independent Redress: The Property Ombudsman
How do we ensure our landlords are protected?
We are a registered member of the Propertymark Client Money Protection Scheme. This is a client money protection scheme to ensure your money is handled in the correct manner.
Download a copy of our Propertymark Client Money Protection Certificate here.
We comply with Propertymark's Conduct and Membership Rules.