Sherborne Landlord Fees
Service
Charge
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
£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
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
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
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
£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
£40 (£48 INC VAT)
Service
Renewal Fee
Contract negotiation, amending & updating terms & arranging a further tenancy & agreements if both parties agree.
Charge
£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
£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
£100 (£120 INC VAT) + expenses detailed by receipts
Service
EPC
To arrange access and retain certificate.
Charge
£90 (£108 INC VAT)
Service
Gas Safety Cert/Check
To arrange access and retain certificate.
Charge
£90 (£108 INC VAT)
Service
Portable Appliance Test (PAT)
To arrange access and retain certificate.
Charge
£100 (£120 + VAT)
Service
EICR (electrical installation condition report)
To arrange access and retain certificate.
Charge
£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
£10 + Cost of Parts (£12 INC VAT)
