Landlord Fees
Scale of charges (all fees are subject to VAT)
Management Fee |
8.5% of rent received |
Letting FeeTenancy (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) |
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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) |