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Landlord Fees
Landlord Fees
A) INTRODUCTION ONLY
The equivalent of four weeks rent plus vat (Example: rent at £1,000.00 PCM - fee £1,107.69)
Includes;
- Property valuation
- Marketing your property including property portals and 'To Let' sign post
- Arranging viewings with potential tenants
- Obtaining references through a credit search agency
- Preparing the Tenancy Agreements and negotiating terms
- Arranging the Gas Safety Report and Check-In Report
- Collecting and holding a deposit, collecting first months rent and forwarding balance to you net of our fees and VAT
- Registering the deposit and issuing the Prescribed Information to the tenant/s
B) RENT COLLECTION SERVICE
8% plus vat of the rent collected (9.6% including vat)
Includes all the features of our Introduction only service and in addition;
- Monthly rental statements
- Assist with tax exemption certificate
- Negotiate tenancy renewals
- Negotiate rent reviews
C) FULL MANAGEMENT SERVICE
12.5% plus vat of the rent collected (15% including vat)
Includes all the features of both our Introduction only service and rent collection service but also in addition;
- Act as a point of contact between tenant and landlord
- Advise relevant utility and service providers of changes in occupancy
- Periodic inspections
- Obtain estimates from approved contractors
- Arrange routine repairs and instruct approved contractors
- Negotiate deductions from deposit at end of tenancy
- Management key service
Please note in services B and C there is a Tenancy Set Up Fee - Equivalent to one week’s rent (subject to a minimum fee of £300.00 plus VAT).
Additional fees and charges
- Deposit Registration - £35.00 + VAT (£42.00)
- Creation and issuing a Tenancy Agreement - £100.00 + VAT (£120.00 Inclusive of Vat)
- Service of section 8 – £150.00 + VAT (£180.00 Inclusive of Vat)
- Service of Section 13 (Rent Review) - £150.00 + VAT (£180.00 Inclusive of Vat)
- Court or Tribunal appearance – £100.00 + VAT Per hour (£120.00 Inclusive of Vat)
- Additional Inspection/Property visits made at the specific request of the Landlord - £100.00 + VAT (£120.00 Inclusive of Vat)
Should you require any further information and to find out which fees apply please contact our office and speak to a member of the team.
Independent redress provided by TPOs. We are part of a client money protection scheme provided by Client Money Protect Scheme.
Trading under Westmount Estates Limited.
Westmount Lettings Limited Registered Address: 124 Westmount Road, Eltham, London SE9 1UT. Registered in England Number: 10190320
