Fees To Landlords

Adam Hayes is an ARLA Propertymark Protected Licensed Member

Independent Redness provided by The Property Ombudsman

Client Money Protection (CMP) provided by Propertymark Client Money Protection

Letting Services

Let Only 12% Including VAT

Rent Collection 14.4% Including VAT (This includes the Let Only Service)

Fully Managed 16.8% Including VAT (This includes the Let Only Service and Rent Collection Service)

Renewal Fees

Let Only 9% Including VAT

Rent Collection 12% Including VAT

Fully Managed 14.4% Including VAT

Professional Property Management for Landlords

Click below to view the Guide to our services and a Guide to finding the perfect tenant

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Renewal fees are payable by the landlord if the tenant extends, renews or just stays on under a new agreement irrespective of the level of service.

Service Let Only Rent Collection Full Management
Market your property
Accompany viewings
Reference the tenants
Prepare the tenancy agreement
Collect the first month's rent in advance and deposit
Arrange deposit protection (see costs below)
Negotiate tenancy renewals
Rent guarantee cover available (subject to terms and conditions)
Monthly rent collection
Ensure quick payments to landlords with a statement
Chase late payments of rent
Manage the transfer of utilities
Make any HMRC deductions
Deal with any maintenance issues
24 hour telephone number for tenants
Routine property inspections
Arrange gas inspections
Arrange an EPC Certificate
Check tenants into the property
Arrange inventory check out
Attend court if required
Resolve any deposit claims

Additional Non-Optional Fees and Charges

Deposit Registration Fee £100 (Including VAT)

Register landlord and tenant details and protect 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.

Inventory Check-In Fee (Landlords Share) £150 - £350 (Including VAT) depending on number of bedrooms and size of property.

Preparing an Inventory and Schedule of Condition of the property, explaining how appliances function and taking meter readings for utilities and services.

Inventory Check-Out Fee (Landlords Share)£150 - £350 (Including VAT) depending on number of bedrooms and size of property.

Agree with the tenant(s) check out date and time and appointment. Instruct an inventory provider to attend undertake an updated Schedule of Condition based on the original inventory.

Gas Safety Certificate and EPCs £90 (Including VAT) each

This is charged to the landlord if we are organising these.

Additional Property Visits £90 (Only available for Managed Poperties) each

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 £0 (If landlord is compliant)

To remit and balance the financial return to HMRC quarterly – and respond to any specific query relating to the return from the landlord HMRC.

Submission of non-resident landlords receipts to HMRC £180 (Including VAT) every three months (If the landlord is not compliant and we do not receive an NRL certificate)

If we manage or collect the rent we will charge the above fee to remit and balance the financial return to HMRC quarterly – and respond to any specific query relating to the return from the landlord HMRC.

Arrangement fee for works and refurbishments 10% of net costs

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.

Rent Review Fee £0

Review rent in accordance with current prevailing market condition and advise the landlord, negotiate with tenant, direct tenant to make payment changes as appropriate, update the tenancy agreement, serve section 13 Notice if tenancy is on a rolling monthly basis.

Fee for Organising End of Tenancy Deposit disputes (Landlords Share) £0

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 £450 (Including VAT)

If you require a member of our staff to attend any tribunals, court proceedings or arbitrations.

Rent Guarantee Cover £354 (Including VAT) of the annual rent *Subject to providers T&Cs

This is charged to the landlord if rent guarantee has been requested. Agent guarantees rent, should the tenant miss a rental payment.

Landlord withdrawal fee after offer has been accepted £300 including VAT or a week’s rent whichever is greater.

If the landlord agrees to proceed with the proposed Tenancy and subsequently withdraws such instructions for any reason other than unsatisfactory references, the Landlord agrees this is payable to contribute towards advertising and administration costs.

Fees are quoted as a % of the annual rent. Please see our Terms of Business for full details of what is included in our Lettings Services.

For further information about our Client Money Handling Procedure, please visit: https://www.propertymark.co.uk/working-in-the-industry/member-requirements.aspx

Please click here to view an electronic version of the CMP certificate provided by Propertymark.

If you have any questions on our fees, please ask a member of staff.