Milton Keynes Landlord Fees
All our fees are shown inclusive of VAT where applicable.
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 for Tenant Find
If you are happy to renew the tenancy we may charge you a Renewal Fee, payable prior to the tenant signing a new agreement.
Landlord Fees
| Service | Charge (inclusive of VAT where applicable) |
|---|---|
| Fully Managed Service | |
| Standard Set up Fee | £300.00 inclusive of VAT |
| Fully managed monthly commission | 14.4% inclusive of VAT of monthly rent |
| Rent Collection Service | |
| Standard Set up Fee | £300.00 inclusive of VAT |
| Rent collection monthly commission | 9.6% inclusive of VAT of monthly rent |
| Tenant Find Service | Tenant Find Service 90% inclusive of VAT of monthly rent |
All other fees applicable to all services
Inventory Service
| Bedrooms | Unfurnished | Furnished |
|---|---|---|
| 1 / Studio | £150 inclusive of VAT | £204 inclusive of VAT |
| 2 | £190 inclusive of VAT | £240 inclusive of VAT |
| 3 | £230 inclusive of VAT | £288 inclusive of VAT |
| 4 | £270 inclusive of VAT | £348 inclusive of VAT |
| 5 | POA – contact office | POA – contact office |
General Fees
| End of Year Tax Statement | £120 inclusive of VAT |
| EPC (Energy Performance Certificate) | £96 inclusive of VAT |
| Gas Safety Certificate | £120 inclusive of VAT |
| Gas Safety Certificate and Service | £165 inclusive of VAT |
| Legionella Inspection | £114 inclusive of VAT |
EICR (Electrical Installation Condition Report)
| Bedrooms | Charge |
|---|---|
| 1 | £180 inclusive of VAT |
| 2 | £205 inclusive of VAT |
| 3 | £240 inclusive of VAT |
| 4 | £295 inclusive of VAT |
| 5 | POA – contact office |
Professional Hourly Rate
| Professional hourly rate | £120 inclusive of VAT |
| Description | Charged by the Agent when required to carry out any additional services, including liaising with Environmental Health Officers, Local Authority, Trading Standards, Court Attendance or Rent Arrears (beyond one month). |
Check Out
| Bedrooms | Unfurnished | Furnished |
|---|---|---|
| 1 / Studio | £120 inclusive of VAT | £150 inclusive of VAT |
| 2 | £156 inclusive of VAT | £190 inclusive of VAT |
| 3 | £192 inclusive of VAT | £230 inclusive of VAT |
| 4 | £240 inclusive of VAT | £270 inclusive of VAT |
| 5 | POA – contact office | POA – contact office |
Additional Fees
| Tenancy set-up fee | £300 inclusive of VAT |
| Tenancy renewal fee | £90 inclusive of VAT |
| Deposit Protection Initial set-up | £90 inclusive of VAT (£75 + VAT) |
| Overseeing refurbishment of property | 12% inclusive of VAT of total cost of works |
| Issuing and service of legal documents | POA – Contact office |
| Issuing and service of S13 Notice | £114 inclusive of VAT |
| Completion of Statutory Declaration | £114 inclusive of VAT |
| Compiling evidence for deposit dispute | £120 inclusive of VAT per hour |
| Tenancy Transfer Fee | £750 inclusive of VAT |
| Provision of copy documents (AST, Inventory, notices etc) | £50 inclusive of VAT |
| AML / Sanction checks | £48 inclusive of VAT |
Client Money Protection Certificate
We are proud to have Client Money Protection in place provided by CMP Protect.
Book a Free Market Appraisal
A market appraisal is a great way to start your property journey. You can find out what your property is worth with a virtual or face to face appointment in your home. If you’re thinking of making a move we would love to hear from you.