Landlord Fees

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From
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Landlord Fees

Roberts Residential Ltd Landlord Fees

SCALE OF CHARGES

1) Let Only Service 50% of First Month’s Rent or £300 (plus VAT) whichever is the greater
2) Full Management Service 12% (plus VAT) of the rent received, deducted by the Agent on a monthly basis
3) HMO Management 2% (plus VAT) of the rent received, deducted by the Agent on a monthly basis (In addition to the normal management fee)

The fees under the above services are payable when any individual or organisation enters into an agreement to rent the Property as a result of our promotion, introduction, or viewing by the Agent.

Additional Charges
Admin Set Up Fee (Managed Only) 50% of First Month’s Rent (plus VAT)
Duplicate Statements £15 (plus VAT)
Professional hourly rate £80 (plus VAT) Charged by the Agent when required to carry out any additional services
Periodic Property Inspections £15 (plus VAT) (per visit)
Void Property inspections £15 (plus VAT) (per visit)
12 Month Tenancy Renewal fee £75 (plus VAT)
6 Month Tenancy Renewal fee £50 (plus VAT)
Periodic Tenancy Renewal fee £100 (plus VAT)
Major works fee £POA

Minimum Fee
Where the Landlord cancels the Agent’s instruction to provide a management service the Agent will charge, and the Landlord will pay, a fee based upon where the Landlord cancels the Agent’s instruction to provide a management service the Agent will charge, and the Landlord will pay, a fee based upon the agreed Fee % (plus VAT) of the agreed rent for the period, not exceeding six months from the commencement date of the tenancy, or 3 months after the expiry of the initial term. agreed fee % (plus VAT) of the agreed rent for the period, not exceeding six months from the commencement date of the tenancy.

VAT is payable at the prevailing rate on all our fees.

SCALE OF CHARGES OTHER SERVICES
(All fees are per property unless otherwise stated)

1. Service of Section 21 £25 (plus VAT)
2. Service of Section 8 Notice £75 (plus VAT)
3. Court Proceedings Accelerated £965 (Inc VAT)
4. Court Proceedings Rent Arrears* £1,035 (Inc VAT)
5. Service of Section 13 £45 (plus VAT)
6. Service of Section 48 including prescribed information £75 (plus VAT)
7. HMO Inspections £15 (plus VAT) per month
8. HMO Application £250 (plus VAT)
9. Annual HMRC Tax Statements £15 (plus VAT)
10. Overseas Landlord Tax Summary £20 (plus VAT)
11. Deposit Disputes £150 (plus VAT)
12. Professional Hourly Rate £80 (plus VAT)
13. Rent Guarantee Insurance £60 per six months
14. Inventory various - see attached
15. Checkout Fee £75 (plus VAT)

(* These charges only apply to properties not covered by Rent Guarantee insurance)

The fees charged may change and we will endeavour to inform you of such a change at the earliest opportunity.

We may also receive commissions from Contractors, Insurance companies, Referencing companies, Utility providers and others.

These commissions will be included in the contractor invoice (including VAT)


Roberts Residential is members of the:

National Approved Letting Scheme:
www.nalscheme.co.uk

The Property Ombudsman redress scheme:
www.tpos.co.uk

Roberts is also members of:
• The Dispute Service
• The Deposit Protection Service
• My Deposits for tenant’s dilapidation deposits.

 

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