Provide guidance on compliance
with statutory provisions and
letting consents
Advise on refurbishment
requirements
Elect board outside property in
accordance with Town and
Country Planning Act 1990
(where possible)
Market the property and advertise
on relevant portals
Carry out accompanied viewings
(as appropriate)
Find tenants
Advise on non-resident tax status
and HMRC (if relevant)
Collect and remit initial
months’ rent
Provide tenants with method
of payment
Deduct any pre-tenancy invoices
Make any HMRC deduction and
provide tenant with the NRL8
Advise all relevant utility providers
of any changes
Agree collection of any shortfall
and payment method
Demand, collect and remit the
monthly rent
Arrangement payments for
statutory requirements
Pursue non-payment of rent and
provide advice on rent arrears actions
Undertake two routine visits per annum
and notify the outcome to the landlord
Arrange routine repairs and instruct
approved contractors
(providing three quotes)
Security Deposit dilapidation
negotiations
Hold keys throughout
the tenancy term
Additional Non-Optional Fees and Charges
Pre-Tenancy Fees (All Service Levels)
Energy Performance Certificate (EPC): £50 per tenancy
Gas Safety Certificate (GSC): £60 per tenancy
Electrical Installation Condition Report (EICR): £100 per tenancy
Portable Appliance Testing (PAT): £100 per tenancy
Installing Smoke alarms and Carbon Monoxide: £60 per tenancy
Fire Risk Assessment (FRA): £150 per tenancy
Testing Smoke alarms and Carbon Monoxide detectors on the first day of the tenancy: £Nil per tenancy
Handling local authority licensing application: £175 per tenancy
Visual check in compliance with the Homes Act 2018 on the first day of the tenancy: £Nil per tenancy
Start of Tenancy Fees
Set-up Fees: £0 per tenancy. Referencing for up to two tenants (ID checks, Right-to-Rent check, financial credit checks, obtaining references from current or previous employers/landlords and any other relevant information to assess affordability) as well as contract negotiation (amending and agreeing terms) and arranging the signing of the tenancy agreement.
Deposit Registration Fees (where collected): £Nil per tenancy. 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 the tenancy start date.
Inventory Fees: Dependant on the number of bedrooms and/or size of the property and any outbuildings. Landlord Withdrawal Fees (before move-in): £500 per tenancy. To cover the costs associated with the marketing, advertising and tenancy set-up should the landlord withdraw from the tenancy before it has started.
During Tenancy Fees
Additional Property Visits: £50 per visit. Should the landlord request property visits in addition to those within their existing Terms of Business, this covers the costs of attending the property.
Renewal Fees: £50 per tenancy. Contract negotiation, amending and updating terms and arranging for the signing of a further tenancy agreement.
Landlord Withdrawal Fees (during tenancy): 2 weeks rent per tenancy. To cover the costs associated with advising the tenant on the change and the position of the security deposit, transferring the security deposit to the landlord or new agent, notifying all utility providers and local authority (where necessary) and returning all relevant documents held by the agent to the landlord. This does not apply to a Tenant-Find service.
End of Tenancy Fees
Check-out Fees: £NIL per tenancy. Attending the property to undertake an updated Schedule of Condition based on the original inventory and negotiating the repayment of the security deposit.
Fees for the service of Legal Notices (Section 8 or Section 21): £150 per Notice.
End of Tenancy Fees
Interest on Unpaid Commission: 3% above the Bank of England Base Rate from Due Date until paid.
Other Fees and Charges
Management Take-over Fees: 2 weeks rent per tenancy. To cover the costs associated with taking over the management of an ongoing tenancy, ensuring all statutory compliance has been undertaken, confirming everything under “Set-up Fees” above, receiving and protecting the security deposit and providing all necessary legal documentation to the tenant.
CLIENT MONEY PROTECTION
You can view the Propertymark CMP Security Certificate
