All our fees are shown inclusive of VAT where applicable.
Derby Office 01332851570
Derby Landlord Fees
Guaranteed Rent
If you are renting your property to us on the Guaranteed Rent Service, we will not charge you any fees at all.
Charges will apply for our other services, please see the table below for details of these.
Set Up Fee for Fully Managed and Rent Collection
When you first instruct us on either of these schemes you will have to pay a Set Up Fee. This fee covers all the cost of advertising, finding a tenant, compiling the inventory and drawing up agreements etc. The Set Up Fee is payable each time you instruct us to find a new tenant for your property.
A fee for protecting the tenant’s deposit may be charged separately to cover our costs.
Commission for Fully Managed and Rent Collection
We charge a monthly commission for the ongoing management of your property, which will depend on the level of service you require.
Renewal Fee for Fully Managed and Rent Collection
If you are happy to renew the tenancy we may charge you a Renewal Fee, payable prior to the tenant signing a new agreement.
Tenant Find Charges
If you simply want us to find a tenant for your property, we will charge you a one off fee. This fee covers all the cost of advertising, finding a tenant, compiling the inventory and drawing up agreements etc.
Renewal Fee
If you are happy to renew the tenancy we may charge you a Renewal Fee, payable prior to the tenant signing a new agreement.
Maximum Inventory Charge – Tenant Find
This is a charge in addition to the Tenant Find Charges for organising an inventory of the property. The cost will depend on the size of the property and whether furnished or unfurnished.
Maximum Deposit Protection Fee
This fee is payable when we register the tenancy deposit with TDS (The Dispute Service). The charge for managed tenancies is £24 inc VAT per tenancy and for Tenant Find £72 inc VAT per tenancy.
Annual Statement
A charge to prepare an annual statement
Legal Property Notices
Cost for issuing legal notices on behalf of the Landlord.
Section 13 Notices
A charge made for negotiating rent increases on periodic tenancies and issuing the relevant legal notice
Hourly Charge for Additional Work
A hourly charge for additional work including Tenancy disputes.
Our Fees
| Charge (inclusive of VAT where applicable) | |
|---|---|
| Standard Set Up Fee – Fully Managed & Rent Collection | £360.00 |
| Standard Monthly Commission – Fully Managed | 13.2% |
| Renewal Fee | £120.00 |
| Standard Monthly Commission – Rent Collection | 10.8% |
| Standard Tenant Find Charges | £540.00 |
| Maximum Inventory Charge | £180.00 |
| Maximum Deposit Protection Fee | £72.00 |
| Annual Rent Statement | £25.00 |
| Legal Property Notices | £60.00 |
| Section 13 Notices | £25.00 |
| Hourly Charge for Additional Work | £60.00 |
| Hourly Rate for Tenancy Dispute Work | £60.00 |
Any percentage fees shown are calculated based on the monthly rent.
Client Money Protection Certificate
Client Money Protection Certificate
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