Sherborne Landlord Fees
Service
Charge (including VAT)
Service
Set-up fee - Fully Managed & Rent Collection
Agree the market rent and find a tenant in accordance with the landlord terms of business; Advise on refurbishment, provide guidance on compliance with statutory provisions & letting consents, carry out accompanied viewings (as appropriate), Market the property & advertise on relevant portals, Erect board outside property in accordance with Town & Country Planning Act 1990, Advise on non-resident tax status and HMRC (if relevant)
Charge (including VAT)
£200 (£240 INC VAT)
Service
Management Fee
Collect & remit the monthly rent received, pursue non-payment of rent & provide advice on rent arrears actions, deduct commission & other works, advise all relevant utility providers of changes, undertake management visits & notify landlord of the outcome, arrange routine repairs & instruct approved contractors, hold keys throughout the tenancy term, make any HMRC deduction & provide tenant with the NRL8 (if relevant).
Charge (including VAT)
12% of the rent PCM (14.4% INC VAT)
Service
Rent Collection Fee % with RRP
Collect & remit the monthly rent received, deduct commission & other works, pursue non-payment of rent & provide advice on rent arrears actions, make any HMRC deduction & provide tenant with the NRL8 (if relevant) with RRP Rent Protection.
Charge (including VAT)
8% of the rent PCM (9.6% INC VAT)
Service
Tenant Find/Let Only Fee - RRP Rent Protection
Agree the market rent & find a tenant in accordance with the landlord terms of business; advise on refurbishment, provide guidance on compliance with statutory provisions & letting consents, carry out accompanied viewings (as appropriate), Market the property & advertise on relevant portals, Erect board outside property in accordance with Town & Country Planning Act 1990, Advise on non-resident tax status & HMRC (if relevant). Collect & remit initial months’ rent received, agree collection of any shortfall and payment method, provide tenant with method of payment, deduct any pre-tenancy invoices, make any HMRC deduction & provide tenant with the NRL8 (if relevant) with RRP Rent Protection..
Charge (including VAT)
7% of the annual rent (8.4% INC VAT)
Service
Change of Occupancy/Amendment of Agreement
Where the landlord requests a change in agreement.
Charge (including VAT)
£80 (£96 INC VAT)
Service
Tenant Referencing Fee – Based on a fixed fee, per person
Referencing (identity, immigration and visa confirmation, financial credit checks, obtaining references from current or previous employers / landlords) & any other relevant information to assess affordability. Chargeable only when not taken as part of our standard services.
Charge (including VAT)
£40 (£48 INC VAT)
Service
Renewal Fee
Contract negotiation, amending & updating terms & arranging a further tenancy & agreements if both parties agree.
Charge (including VAT)
£70 (£84 INC VAT)
Service
Preparation of Section 21 on a Tenant Find/Let Only
This fee is charged for the agent to create and produce the Section 21 Notice on the landlord’s behalf
Charge (including VAT)
£100 (£120 INC VAT)
Service
Court Attendance
To attend with and/or represent you in Court – eg; eviction of tenant(s). Expenses would include travel, accommodation and parking where applicable.
Charge (including VAT)
£100 (£120 INC VAT) + expenses detailed by receipts
Service
EPC
To arrange access and retain certificate.
Charge (including VAT)
£90 (£108 INC VAT)
Service
Gas Safety Cert/Check
To arrange access and retain certificate.
Charge (including VAT)
£90 (£108 INC VAT)
Service
Portable Appliance Test (PAT)
To arrange access and retain certificate.
Charge (including VAT)
£100 (£120 + VAT)
Service
EICR (electrical installation condition report)
To arrange access and retain certificate.
Charge (including VAT)
£100 (120 + VAT)
Service
Key cutting
This fee covers the costs for time taken to cut keys or arrange replacement keys, permits, electronic door fobs where not supplied by the landlord.
Charge (including VAT)
£10 + Cost of Parts (£12 INC VAT)