Netley Abbey 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
30% of the first months rent upfront
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
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
6% 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
90% of the first month’s rent upfront
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
£30.00 per extension (Landlord share)
Service
Renewal Fee
Contract negotiation, amending & updating terms & arranging a further tenancy & agreements if both parties agree.
Charge
£60.00
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
EPC
To arrange access and retain certificate.
Charge
£80.00
Service
Gas Safety Cert/Check
To arrange access and retain certificate.
Charge
£66.00
Service
Portable Appliance Test (PAT)
To arrange access and retain certificate.
Charge
£54.00
Service
Legionnaires Risk Assessment
To arrange access and retain certificate.
Charge
£120.00
Service
EICR (electrical installation condition report)
To arrange access and retain certificate.
Charge
£150.00
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
£27.60 plus cost of key
Service
Photocopies of Inventory/Tenancy Agreement, per document
Charge
£21.60
Service
Letter for mortgage purposes
Charge
£30.00
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
