Landlord Fees

Scale of charges (all fees are subject to VAT)

Management Fee

8.5% of rent received

  

Letting Fee

Tenancy (if Strettons are appointed agent)

8.5% of annualised rent at the commencement of the tenancy

Rent review report

£350

Serving of Section 13 notice

£200

Referencing per tenant (including AML checks)

£75

Attendance at court of tribunal hearing

Based on an hourly rate of attendee

Additional inspections

£75 per hour

Instructing/project managing repairs or insurance claims

12.5% of costs £2,000-£4,999, 10% of costs £5,000-£19,999, 7.5% of costs above £20,000

Application for Local Authority Private Property Licence (where applicable)

£200

Dealing with TDS dispute

£250

Registering deposit with TDS

£60

Dealing with HMRC return for non-registered overseas landlords

£70 per month

Right to rent recheck fee

£150 (per check)

  


Other third-party charges

 

Inventory report (carried out by independent inventory company)

To be agreed (for example £156 - 2 bed flat)

Energy Performance Certificate

Approximately £60 (charged by independant contractor)

Gas Safety Inspection

Approximately £66 (charged by independant contractor)

Installation of freestanding smoke alarm/carbon monoxide detector

£30 (smoke alarm), £36 (carbon monoxide) (charged by independant contractor)

Portable applicance test (PAT)

To be agreed (charged by an independant contractor)

Check-out report (carried out by independent inventory company)

To be agreed (for example £156 - 2 bed flat)