Landlord Fees
Transparent pricing with no hidden costs. All fees shown are subject to the Tenant Fees Act 2019.
Tenant Fees Act 2019
From 1 June 2019, the fees landlords and lettings agents are able to charge tenants was amended under the Tenant Fees Act 2019. The following tables set out our service options and fees.
Management Packages
Full Management
| Service | Fee | VAT |
|---|---|---|
| Setup Fee | 50% of first month's rent | +VAT |
| Monthly Management Fee | 10% | 12% inc VAT |
Let with Rent Collection
| Service | Fee | VAT |
|---|---|---|
| Setup Fee | From £395 | +VAT |
| Monthly Rent Collection Fee | 5% | 6% inc VAT |
Let Only
| Service | Fee | VAT |
|---|---|---|
| One-off Fee | From £600 | +VAT |
What's Included in the Setup Fee
Our setup fee covers everything you need to get your property let quickly and to the right tenant.
- Initial rent appraisal and advice
- Preparation of the property advert including photographs
- Accompanied viewings
- Tenant referencing
- Contract creation and rent and deposit collection
- Moving the tenant into the property
Other Fees
| Service | Fee | VAT |
|---|---|---|
| Inventory Fee | From £120 | +VAT |
| Deposit Registration Fee | From £75 | +VAT |
| Renewal Fee | From £100 | +VAT |
| Checkout Fee | From £75 | +VAT |
| Gas Safety Certificate | From £75 | +VAT |
| Energy Performance Certificate | From £75 | +VAT |
| Arrangement Fee for works | 10% | +VAT |
Important Information
Deposits are capped by law at 5 weeks rent.
Holding Deposit:On application, a holding deposit of 1 week's rent may be taken.
Card Payments: A processing fee may be deducted for payments taken by card.
For more information about the Tenant Fees Act 2019 and what it means for you and your tenants, please get in touch.