Landlord Fees

Scale of Charges 

 

 
Introductory Letting Service and Tenancy Set Up

12% including VAT payable at the beginning of a tenancy where the Tenant is introduced through the Agent. Reducing to 6% including VAT after 12 months if the same Tenant renews the tenancy.

 

Example; if the monthly rent was a £1000 for a 6 month tenancy the fee payable will be £720 including VAT

 

The commission will be higher or lower depending on the agreed rent.

 

 

 

Letting and Rent Collection Service

14.4% including VAT of the rent received, deducted by the Agent on a monthly basis.

 

Example; if the monthly rent was £1000 the fee will be £144 including VAT paid monthly

 

The commission will be higher or lower depending on the agreed rent.

 

 

 

Full Management Service 
18% including VAT of the rent received, deducted by the Agent on a monthly basis.

 

Example; if the monthly rental was £1000 the fee will be £180 paid monthly

 

Where the Landlord Cancels the Agents Instruction to provide a fully a managed service. The introductory lettings fees will apply.

 

The commission will be higher or lower depending on the agreed rent.

 

 

 

Fees as above unless otherwise agreed…

 

 

 

Additional Charges Which May Be Incurred all fees are including VAT

                                                                                                                   

Energy Performance Certificate (Including Floor Plan)                        £100

Floor Plan Only                                                                                      £45

 

Deposit Registration Fee at the DPS                                                     £42

Tenancy Agreement                                                                              £126

 

Redrafting Agreement after Paperwork issued                                      £50

 

Submission of non-resident Landlords                                                   £60
Receipts to HMRC per quarter 


Duplicate Single Statements                                                                  £12

 

Duplicate Multiple Statements                                                                £42

           

Professional hourly rate                                                                            £60

 

Independent Inventory and Schedule of Condition.  This will depend on the size of the property.

 

Unfurnished inventory/ Schedule of Condition                                          £105 to £240

(Furnished Properties will be quoted for on an individual basis)     

                      

Inventory Clerk Check Out Fee                                                                  £112 to £225 

(This fee will vary depending on the size of the property)

Void Property inspections/Additional visits requested (per visit)                £60

 

Tenancy Renewal fee                                                                                   £66

 

Supervision of Major works (in excess of £5000 including VAT) will be charged at 12% of the total invoice

 

Submitting an Insurance claims                                                               £120 + 12% of the total cost of the works  

 

Preparing and Serving Legal Notices                                                      £80

 

Court Attendance (per hour)                                                                    £80

 

Redirection of Mail (plus postage)                                                          £12

 

Duplication of keys & testing of extra keys (plus cost of keys)             £12

We may receive commissions from Insurance companies, reference companies, utility providers and others..

 

 

Client Money Protection

 

Hydegate Estates is a a member of the ARLA Propertymark Client Money Protection Scheme

scheme number CO122822 ensuring that your money is protected to give you peace of mind.

 

www.propertymark.co.uk 

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