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Landlord Fees

Lettings Service 9.6% of rent (Inc VAT) includes the following:

  • Agree the market rent and find a tenant in accordance with landlords’ guidelines.
  • Market the property and advertise on relevant portals.
  • Carry out accompanied viewings.
  • Agree the market rent and find a tenant in accordance with the landlords’ guidelines.
  • Advise on refurbishment.
  • Provide guidance on compliance with statutory provisions and letting consents.
  • Deduct any pre-tenancy invoices.
  • Collect and remit initial months’ rent.
  • Collect and hold Security Deposit in a nominated client account.
  • Provide tenant with method of payment.
  • Arrange and negotiate any subsequent renewals.

Rent collection 12% of rent (Inc VAT) includes the following:

  • Collect and remit the rent received.
  • Make any HMRC deduction until Inland Revenue Approval obtained (if applicable).

Fully managed: 14.4% of rent (Inc VAT) includes the following:

  • Pursue non-payment of rent and provide advice on rent arrears actions.
  • Deduct commission and other works.
  • Undertake regular inspection visits annually and notify landlord of the outcome.
  • Arrange routine repairs and instruct approved contractors.
  • Hold keys throughout the tenancy term.
  • Arrange check out report, advise on proposed deductions, mediate between landlord and tenant on Deposit disputes, submit unresolved disputes to The Dispute Service.

Additional Fees and Charges

  • Tenancy Set Up Fee (landlord's share). Drafting Tenancy Agreement, amending terms, arranging inventory and check out report: £225.00 (inc VAT).
  • Tenancy Deposit Scheme Fee. Register the Deposit with The Dispute Service (TDS) and provide Tenant and Landlord with certificate: £60.00 (inc VAT).
  • Inventory Fee (Landlord's share). Dependent on the number of bedrooms and/or size of the property and outbuildings and provider used: From £144 (inc VAT).

Renewal Fee

Tenant Find: 9.6% (inc VAT). Rent Collection: 12% (inc VAT). Fully Managed: 14.4% (inc VAT).

  • Review rent in accordance with current prevailing market condition and advise the landlord .
  • Negotiate with tenant.
  • Direct tenant to make payment change as appropriate.
  • Update the tenancy agreement.
  • Serve Section 13 Notice if tenancy is on a rolling monthly basis.
  • Contract negotiation, amending and updating terms and arranging a further tenancy and agreement.

Client Money Protection (CMP) is provided by the Association of Residential Letting Agents (A.R.L.A.)

Kubie Gold Estate Agents
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