Landlord Fees

Choose the level of service that meets your individual circumstances...

Whether you are a hands on landlord who just wants to find a tenant, or you want to relax and let us take care of everything, we have a service just for you.

TENANT FIND: 8.4% of rent (inc VAT)

INCLUDES:

• Collect and remit initial month's rent received
• Agree collection of any shortfall and payment method
• Provide tenant with method of payment
• Deduct any pre-tenancy invoices
• Make any HMRC deductions and provide tenant with the NRL Scheme forms where applicable

RENT COLLECTION: 12% of rent (inc VAT)

INCLUDES:

• Collect and remit the monthly rent received
• Deduct commission and other works
• Pursue non-payment of rent and provide advice on rent arrears actions #
• Make any HMRC deductions and provide tenant with the NRL Scheme forms where applicable

FULLY MANAGED: 14.4% of rent (inc VAT)

INCLUDES:

• Collect and remit the monthly rent received
• Pursue non-payment of rent and provide advice on rent arrears actions
• Deduct commission and other works
• Advise all relevant utility providers of changes
• Undertake two inspection visits per annum and notify landlord of the outcome
• Arrange routine repairs and instruct approved contractors (providing two quotes)
• Hold keys throughout the tenancy term
• Make any HMRC deductions and provide tenant with the NRL Scheme forms where applicable
• Additional non-optional fees and charges (irrespective of level of service)

SETUP FEE: £500.00 (inc VAT)

• Agree the market rent and find a tenant in accordance with the landlord guidelines
• Advise on refurbishment
• Provide guidance on compliance with statutory provisions and letting consents
• Carry out accompanied viewings (as appropriate)
• Market the property and advertise on relevant portals
• Erect board outside property in accordance with Town and Country Planning Act 1990
• Advise on non-resident tax status and HMRC (if relevant)

INVENTORY FEES:

• Property and outbuildings : £95 to £350.00 (inc VAT),
• Subject to number of bedroom i.e. 1) Stuido £95, 2) 1 Bed £ 150.00, 2 Beds £ 190, 3 Beds £ 250.00, 4 Beds £ 300.00, 5 Beds £350.00

DEPOSIT REGISTRATION FEEE: £50.00 (inc VAT)

• Register landlord and tenant details and protect the security deposit with a Government-authorised Scheme
• Provide the tenant(s) with the Deposit Certificate and Prescribed Information within 30 days of start of tenancy

ADDITIONAL PROPERTY VISITS: £150.00 (inc VAT)

• To attend for specific requests such as neighbour disputes; more visits are required to monitor the tenancy; or any maintenance-linked visit

SUBMISSION OF NON-RESIDENT LANDLORDS RECEIPTS TO HMRC: £150.00 (inc VAT) quarterly

• 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

ARRANGEMENT FEE FOR WORKS OVER £100.00 X 10 % of net cost

• Arranging access and assessing costs with contractor;
• Ensuring work has been carried out in accordance with the specification of works
• Retaining any warranty or guarantee as a result of any works

ARRANGEMENT FEE FOR REFURBISHMENTS OVER £100.00 X 10 % of net cost

• Arranging access and assessing costs with contractor
• Ensuring work has been carried out in accordance with the specification of works
• Retaining any warranty or guarantee as a result of any works

OBTAINING MORE THAN TWO CONTRACTOR QUOTES

• £25.00(inc VAT) per quote

RENT REVIEW FEE: £ 150.00 (inc VAT)

• Review rent in accordance with current prevailing market condition and advise the landlord
• Negotiate with tenant
• Direct tenant to make payment change as appropriate
• Update the tenancy agreement
• Serve Section 13 Notice if tenancy is on a rolling monthly basis

RENEWAL FEE: £ 500.00 (inc VAT)

• Contract negotiation, amending and updating terms and arranging a further tenancynd agreement

CHECKOUT FEE (dependent on property size) £95 to £350.00 (inc VAT)

• Agree with tenant check out date and time appointment
• Instruct inventory provider to attend
• Negotiate with landlord and tenant any disbursement of the security deposit
• Return deposit as agreed with landlord and tenant to relevant parties
• Remit any disputed amount to Scheme for final adjudication Unprotect security deposit
• Instruct contractors; obtain quotes; organise repairs /replacement/cost of any broken or missing items

COURT ATTENDANCE: £150.00 (inc VAT) per hour

KEEPING YOUR MONEY SAFE

• Property Hub is member of the redress scheme ( The Property Ombudsman ) and the membership number is D 02415.
• Property Hub, holds a Client Money Protection (CMP) and membership number is CMP001384.

If you have any questions of queries regarding our landlord fees, or would like a personalise quote, please get in touch with our dedicated lettings team today.