Landlord fees

Tenant Find Collect and remit initial months’ rent received Provide tenant with method of payment Deduct any pre-tenancy invoices Make any HMRC deduction and provide tenant with the NRL8 (if relevant)	100% of one months rent (inc VAT)
Rent Collection Collect and remit the monthly rent received Deduct commission and other works Pursue non-payment of rent and provide advice on rent arrears actions Make any HMRC deduction and provide tenant with the NRL8 (if relevant)	10% of rent (inc VAT)
Fully Managed Collect and remit the monthly rent received Pursue non-payment of rent and provide advice on rent arrears actions Deduct commission and other works Advise all relevant utility providers of changes Undertake two inspection visits per annum and notify landlord of the outcome Arrange routine repairs and instruct approved contractors (providing two quotes) Hold keys throughout the tenancy term Make any HMRC deduction and provide tenant with the NRL8 (if relevant)	14.4% of rent (inc VAT) – subject to property valuation.
Setup Fee (Landlords Share) Agree the market rent and find a tenant in accordance with the landlord guidelines Advise on refurbishment Provide guidance on compliance with statutory provisions and letting consents Carry out accompanied viewings (as appropriate) Market the property and advertise on relevant portals Erect board outside property in accordance with Town and Country Planning Act 1990 Advise on non-resident tax status and HMRC (if relevant)	60% of one months rent (inc VAT) £60 Marketing Fee
Inventory Fee (landlords share) Dependent on the number of bedrooms and/or the size of the property and outbuildings	Ranges from £100 – £200 (inc VAT)
Submission of non-resident landlords receipts to HMRC 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	£120 (inc VAT) annual charge
Arbitration Fee (in case of deposit disputes)	£90 (inc VAT)
Renewal Fee (landlords share) Contract negotiation, amending and updating terms and arranging a further tenancy and agreement	£120(inc VAT)
Court Attendance	£125 (inc VAT) per hour
Fee in case of early termination of managed service	14.4% of six months rent (inc VAT)

CLIENT MONEY PROTECTION (CMP) PROVIDED BY: Propertymark

INDEPENDENT REDRESS PROVIDED BY THE PROPERTY OMBUDSMAN (TPO).
IF YOU HAVE ANY QUESTIONS ON OUR FEES PLEASE ASK A MEMBER OF STAFF.

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