Bishops Stortford 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

£240.00


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

15% of agreed 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

16.8% of the agreed rent pcm


Service

Fully Managed - Innovate

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 Innovate Eviction Cover.

Charge

15.6% of the agreed 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 agreed 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

14.4% of the agreed rent pcm


Service

Rent Collection - Innovate

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 Innovate Eviction Cover.

Charge

13.2% of the agreed 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

10.8% of agreed rental term subject a minimum fee of £600


Service

Tenant Find/Let Only - Hunters Innovate

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 Innovate Eviction Cover.

Charge

12% of agreed rental term subject to a minimum fee of £720.00


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

13.2% of agreed rent pcm


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

Fully Managed & Rent Collection £30.00 per let Tenant Find £48 per annum


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

£60 per applicant


Service

Renewal Fee

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

Charge

£120.00


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

£240.00


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

£30.00 quarterly


Service

Annual Submission of Non-Resident Landlords to HMRC

Charge

£60.00 annually


Service

Annual Summary Statement

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

Charge

£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

£60.00


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

£120.00 plus expenses


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

£120


Service

EPC

To arrange access and retain certificate.

Charge

£120.00


Service

Gas Safety Cert/Check

To arrange access and retain certificate.

Charge

£100


Service

Smoke/Carbon Monoxide alarm installation

Arranging the installation of the smoke and carbon monoxide alarms.

Charge

£45.00 plus cost of parts


Service

Smoke/Carbon Monoxide alarm checks

To check alarms on the first day of the Tenancy.

Charge

£30.00


Service

Portable Appliance Test (PAT)

To arrange access and retain certificate.

Charge

£50.00


Service

Legionnaires Risk Assessment

To arrange access and retain certificate.

Charge

£70.00


Service

EICR (electrical installation condition report)

To arrange access and retain certificate.

Charge

£100.00


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

£25.00 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

£25.00 plus cost of key


Service

Photocopies of Inventory/Tenancy Agreement, per document

Charge

£12


Service

Letter for mortgage purposes

Charge

£24.00


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

£60.00 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