Landlords Fees & Terms
LETTING FEES are due and payable in full at the beginning of the Term in respect of any Tenant introduced by the Agent. They will be deducted from the rent received from the Tenant. The Letting fee is 10% plus VAT (12% inclusive of vat) of the first 6-month's rent
MANAGEMENT SERVICE FEES (where this additional service has been requested) are deducted from gross rent received for each rental period (usually monthly) at a rate of 10% plus VAT (12% inclusive of VAT). Management fees are payable for the entire term of the managed tenancy and are in addition to Letting Fees.
RENT COLLECTION SERVICE FEES (if requested as an alternative to full management) are deducted from gross rent received for each rental period at a rate of 5% plus VAT (6% inclusive of VAT) and are in addition to Letting Fees. There is minimum rent collection fee of £36.00 + VAT (£43.20 inclusive of vat).
A TENANCY DEPOSIT SCHEME ADMINISTRATION FEE will apply where the Agent is requested to arrange Deposit protection. The fee is £50 + VAT (£60 inclusive of VAT).
ADDITIONAL FEES THAT MAY BE APPLIED
RENT REVIEW. Included in Fully Managed Service. For Rent Collect and Let Only a fee from £100 plus VAT (£120 inclusive of VAT) will apply.. The fee may vary depending on the complexity of negotiations & number of parties involved.
INVENTORY FEES. A charge from £100 plus VAT (£120 inclusive of VAT) will apply.
AD-HOC INSPECTIONS are available upon request. A fee from £100 plus VAT (£120 inclusive of VAT) will apply.
SERVICE OF SECTION NOTICE. Included in Fully Managed Service. For Rent Collect and Let Only a fee from £100 plus VAT (£120 inclusive of VAT) will apply. Additional charges may apply where legal advice, multiple notices, or court preparation re required.
EICR (ENERGY INSTALLATION CONDITION REPORT). Legal requirement. Valid for 5 years. Costs range from £160 to £295 plus VAT (£192 to £354 inclusive of VAT).
GAS SAFETY CERTIFICATE. Legal requirement. Valid for 1 year. A fee from £60 plus VAT (£72 inclusive of VAT) will apply. A 'with service' is offered from £65 plus VAT (£78 inclusive of VAT).
EPC (ENERGY PERFORMANCE CERTIFICATE). Legal requirement. Valid for 10 years. A fee from £100 plus VAT (£120 inclusive of VAT) will apply.
YEAR END STATEMENTS are available upon request. A fee from £10 plus VAT (£12 inclusive of VAT) will apply.
DEPOSIT DISPUTE. Included in Fully Managed Service. For Rent Collect and Let Only a fee from £150 plus VAT (£180 inclusive of VAT) will apply. The final fee will depend on the complexity of the dispute and the amount of evidence required.
COURT ATTENDANCE. Available upon request. A fee from £250 plus VAT (£300 inclusive of VAT) will apply. Additional charges may apply for the preparation time, travel and multiple hearings.
RENT GUARANTEE INSURANCE (RGI). Optional. Covers up to 15 months' rent and legal eviction costs. A fee from £300 plus VAT (£360 inclusive of VAT) will apply. Monthly repayment options are available.
For tax administration work and other exceptional duties carried out on behalf of the landlord, fees will be charged £100 per hour (or part thereof). The landlord's approval will be obtained before such work is undertaken.
Please call to discuss our fees as all our services can be tailored to suit your individual needs
Get in touch
Call us on Benfleet: 01268 755252 / Hockley: 01702 200666 or send us a message...