Tower Bridge Landlord Fees

55 Royal Mint Street
London
E1 8LG

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)

12% per calendar month


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% per calendar month


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)

12% per calendar month


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)

10% of the agreed rental term


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)

£60.00 annually


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)

£75 Per Tenant


Service

Renewal Fee

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

Charge (including VAT)

60% of the original set up/let 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 (including VAT)

50% based on a % of of the agreed rental term


Service

Property Inspection where the property is not managed by Hunters

Visit to the property and report to Landlord, per visit

Charge (including VAT)

£100.00 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)

£50 Quarterly


Service

Annual Submission of Non-Resident Landlords to HMRC

Charge (including VAT)

£80.00 annually


Service

Annual Summary Statement

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

Charge (including VAT)

£80.00 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)

£80.00


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)

£800 per day


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)

£200


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)

£300


Service

Dispute Fee

In the event that a settlement cannot be made as us acting as Stakeholder. This fee covers compiling the relevant documentation to support the landlords position.

Charge (including VAT)

£300


Service

EPC

To arrange access and retain certificate.

Charge (including VAT)

£100.00


Service

Gas Safety Cert/Check

To arrange access and retain certificate.

Charge (including VAT)

£100.00


Service

Smoke/Carbon Monoxide alarm installation

Arranging the installation of the smoke and carbon monoxide alarms.

Charge (including VAT)

£100.00


Service

Smoke/Carbon Monoxide alarm checks

To check alarms on the first day of the Tenancy.

Charge (including VAT)

£100.00


Service

Portable Appliance Test (PAT)

To arrange access and retain certificate.

Charge (including VAT)

£100.00


Service

Legionnaires Risk Assessment

To arrange access and retain certificate.

Charge (including VAT)

£120.00


Service

EICR (electrical installation condition report)

To arrange access and retain certificate.

Charge (including VAT)

£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 (including VAT)

£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 (including VAT)

£10.00 plus cost of key(s)


Service

Photocopies of Inventory/Tenancy Agreement, per document

Charge (including VAT)

£12.00


Service

Letter for mortgage purposes

Charge (including VAT)

£30.00


Service

Work supervision and arrangement fees

For cost of repairs & maintenance work for work carried out in excess of £500.00.

Charge (including VAT)

15% 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

Service

Furnished, Inc VAT

Unfurnished, Inc VAT


Studio Inventory

Furnished, Inc VAT

166

Unfurnished, Inc VAT

138


Studio Check In

Furnished, Inc VAT

174

Unfurnished, Inc VAT

144


Studio Check Out

Furnished, Inc VAT

114

Unfurnished, Inc VAT

114


One Bed Inventory

Furnished, Inc VAT

138

Unfurnished, Inc VAT

138


One Bed Check In

Furnished, Inc VAT

174

Unfurnished, Inc VAT

174


One Bed Check Out

Furnished, Inc VAT

114

Unfurnished, Inc VAT

114


Two Bed Inventory

Furnished, Inc VAT

156

Unfurnished, Inc VAT

156


Two Bed Check In

Furnished, Inc VAT

210

Unfurnished, Inc VAT

210


Two Bed Check Out

Furnished, Inc VAT

126

Unfurnished, Inc VAT

126


Three Bed Inventory

Furnished, Inc VAT

228

Unfurnished, Inc VAT

228


Three Bed Check In

Furnished, Inc VAT

312

Unfurnished, Inc VAT

312


Three Bed Check Out

Furnished, Inc VAT

156

Unfurnished, Inc VAT

156


Four Bed Inventory

Furnished, Inc VAT

300

Unfurnished, Inc VAT

300


Four Bed Check In

Furnished, Inc VAT

360

Unfurnished, Inc VAT

360


Four Bed Check Out

Furnished, Inc VAT

180

Unfurnished, Inc VAT

180