Torquay 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)

£295 + 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)

10% + VAT of the rent pcm


Service

Fully Managed - Inspire Pro

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) with Hunters Inspire Pro Rent Guarantee.

Charge (including VAT)

12.5% + VAT 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 (including VAT)

8% + VAT of the rent pcm


Service

Rent Collection - Inspire Pro

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 Hunters Inspire Pro Rent Guarantee.

Charge (including VAT)

10% + VAT 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 (including VAT)

£345 + VAT


Service

Tenant Find/Let Only - Hunters Inspire Pro

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 Hunters Inspire Pro-Rent Guarantee.

Charge (including VAT)

£216.00 additional to above set up fee


Service

Change of Occupancy/Amendment of Agreement

Where the landlord requests a change in agreement.

Charge (including VAT)

£300 or £360 if referencing is required


Service

Deposit Registration Fee, per Annum - Based on a fixed fee

All Tenants deposits must be registered by law. This fee is for Registering landlord & tenant details & protect the security deposit with a Government-authorised Scheme, provide the tenant(s) with the Deposit Certificate & Prescribed Information within 30 days of start of tenancy

Charge (including VAT)

£36.00


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)

£100 + VAT per person


Service

Renewal Fee

Contract negotiation, amending & updating terms & arranging a further tenancy & agreements if both parties agree.

Charge (including VAT)

£99 + VAT


Service

Rent Protection

To cover rent arrears and legal expenses in the event the tenant does not pay rent. Where the service you have chosen does not include any cover, this cover is recommended. Subject to acceptable references and terms & conditions. Cover supplied by a 3rd party.

Charge (including VAT)

£216.00


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 (including VAT)

£300 + VAT


Service

Property Inspection where the property is not managed by Hunters

Visit to the property and report to Landlord, per visit

Charge (including VAT)

£100 + VAT per visit


Service

Quarterly Submission of Non-Resident to HMRC

This fee is charged to remit and balance the financial return to HMRC quarterly and respond to any specific query relating to the return from the landlord or HMRC. An Annual submission is also required.

Charge (including VAT)

£30.00 quarterly


Service

Annual Submission of Non-Resident Landlords to HMRC

Charge (including VAT)

£60.00 annually


Service

Annual Summary Statement

This fee is charged to produce a single summary statement of those monthly statements already sent.

Charge (including VAT)

£60.00 annually


Service

Preparation of Section 13 on a Tenant Find/Let Only

This fee is charged for the agent to create and produce the Section 13 Notice on the landlord’s behalf.

Charge (including VAT)

£60.00


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)

£80.00


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)

£120.00 plus expenses


Service

Pre-Move Out Visit/Check

Where you have a Let Only/Tenant Find or Rent Collection Service this fee would be chargeable should you engage the Agent to carry out this appointment on your behalf with access via your Tenant. A written report will be supplied.

Charge (including VAT)

£90.00


Service

Check Out attendance and Report

Where you have a Let Only/Tenant Find or Rent Collection Service this fee would be chargeable should you engage the Agent to carry out this appointment on your behalf with access via your Tenant. A written report will be supplied to the Landlord and all deposit return negotiations would be carried out by the landlord and tenant(s) direct.

Charge (including VAT)

£120.00


Service

Legionnaires Risk Assessment

To arrange access and retain certificate.

Charge (including VAT)

£99 + VAT


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 (including VAT)

£35 + VAT plus cost of bulb(s)


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)

£20 + VAT plus cost of key(s)


Service

Photocopies of Inventory/Tenancy Agreement, per document

Charge (including VAT)

£20 + VAT per document


Service

Letter for mortgage purposes

Charge (including VAT)

£25 + VAT


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 (including VAT)

£24.00 per quote


Service

Work arrangement fees | Tenant Find/Rent Collection

For arranging repairs & maintenance work carried on behalf of the Landlord

Charge (including VAT)

10% of work value


Service

Care-Taking Service

Per visit for visiting and checking the Premises during void periods

Charge (including VAT)

£30.00 per visit