Landlords
FEES FOR LANDLORDS
Tenant Finder Service – One Months Rent (inc VAT) (Subject to a Minimum fee of £675 (inc VAT))
Includes:
- Rental Valuation
- Advertising via Internet – Brooke Steel Estates Website, Property Portals & Social Media
- Supply “To Let” board to property
- Circulation of details to prospective tenants
- Accompanied viewings with prospective tenants
- Implement full credit and referencing services
- Draw up tenancy agreements in line with the current Housing Act
- Collect one month’s rent in advance together with dilapidation’s deposit equal to five weeks rent
- Provide tenant with method of payment
Fully Managed Service – £600 (inc VAT) Finder’s Fee plus 10% (inc Vat) of the monthly Income
Includes, the above plus:
- Collect rent per calendar month and credit your bank account directly – issue monthly statements. All rents transferred by bank transfer unless otherwise specified
- Deduct commission and other works
- Arrange for the transfer of the utilities & local council tax in to the tenant’s name
- Undertake inspection visits and notify Landlord of the outcome
- Arrange quotes for necessary repairs – except in the case of an emergency. Estimates will be obtained and submitted for your approval in respect of works or redecoration, renewal, or repair. In the case of an emergency where we are unable to contact you we will act in your best interest
- Purse non-payment of rent and provide advice on rent arrears actions
- Check out inspection and negotiation of any works needed at the end of the tenancy
- Advise on non-resident tax status and HMRC (if required)
Additional Fee’s For Tenant Finder Service
Inventory Fee – Preparation of and photographs can be carried out based on property size price range from £100 (inc VAT)
Renewal Fee – £50 (inc VAT) – Contract negotiation, amending and updating terms and arranging a further tenancy and agreement
Deposit Register Fee – £40 (inc VAT) – Arrange for the deposit to be hold with the Deposit Protection Scheme (DPS)