Shoreditch 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
9.6% of the agreed rental term
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
4.8% of the rent pcm
Service
Rent Collection Fee %
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).
Charge
12% of the rent pcm
Service
Set Up Fee - Tenant Find/Let Only
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).
Charge
9.6% based on 12 months rent
Service
Renewal Fee
Contract negotiation, amending & updating terms & arranging a further tenancy & agreements if both parties agree.
Charge
60% of the original set up fee
Service
Withdrawal Fee
If you instruct us to proceed with a proposed Tenancy and subsequently withdraw your instructions, before the completion of the Tenancy documentation you agree to meet the reasonable costs and expenses incurred by us and pay a contribution towards our advertising costs.
Charge
50% based on a % of the agreed rental term
Service
EPC
To arrange access and retain certificate.
Charge
£90.00
Service
Gas Safety Cert/Check
To arrange access and retain certificate.
Charge
£90.00
Service
Legionnaires Risk Assessment
To arrange access and retain certificate.
Charge
£118.80
Service
EICR (electrical installation condition report)
To arrange access and retain certificate.
Charge
£180.00
Service
Changing light bulbs
This fee covers the cost for time taken to arrange for light bulbs to be installed/replaced through no fault of any tenants, where not supplied by landlord or at additional request.
Charge
£30.00 plus cost of bulbs
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
£12.00 plus cost of key
Service
Photocopies of Inventory/Tenancy Agreement, per document
Charge
£12.00
Service
Letter for mortgage purposes
Charge
£36.00
Service
Work supervision and arrangement fees
For cost of repairs & maintenance work for work carried out in excess of £500.00.
Charge
12% of work value
Service
Pre or Post Tenancy Work Arrangement
Fee for time spent in arranging quotes & organising repairs, prior to the letting of the Premises should a let not proceed, or during vacant periods.
Charge
£24.00 per quote
Service
Care-Taking Service
Per visit for visiting and checking the Premises during void periods
Charge
£30.00 per visit
Service
Transparency with Referral Fee Disclosure
The 3rd Party Supplier List and/or the Landlord Price List is not an exhaustive list. If you use one of our designated contractors or 3rd party suppliers or we arrange a service with a contractor or 3rd party supplier for you we may charge a fee that is included in the price (this can range from 1% - 50% on top of the contractors price) details of which are available upon request before proceeding.
Charge
