Landlord Fees

Landlords Fees (1st June 2019)

 

Full Management Service: 15% + VAT
(18% inclusive of VAT – minimum fee £1,800 inclusive of VAT)

 

Rent Collection Service: 10% + VAT
(12% inclusive of VAT – minimum fee £1,200 inclusive of VAT)

 

Let Only Service (Initial 12 month Term): 10% + VAT
(12% inclusive of VAT – minimum fee £1,200 inclusive of VAT)

Let Only Renewal Year 1: 5% + VAT
Let Only Renewal Year 2: 4% + VAT
Let Only Renewal Year 3: 3% + VAT
Let Only Renewal Year 4: 2% + VAT
Let Only Renewal Year 5+: 1% + VAT

(6% in year 1 decreasing to 4.8% then 3.6%, 2.4% & 1.2% inclusive of VAT)

 

Management Service – Licensed HMOs: 17% + VAT
(20.4% inclusive of VAT – minimum fee £2,040 inclusive of VAT)

 

Additional Landlord Fees

(As required - all Services)

 

Energy Performance Certificate £120 inc VAT

Tenancy Agreements £225 inc VAT
(Includes 2 References & 2 Right to Rent Checks)

Additional Reference Fee – Per Adult or Guarantor £30 inc VAT

Additional Right to Rent Checks – Per Adult £25 inc VAT

Landlord Gas Safety Check £95 inc VAT

Legionella Risk Assessment £95 inc VAT

Combined Gas Safety & Legionella Risk Assessment £150 inc VAT

Smoke Alarm Installation & Testing £60 inc VAT

Deposit Registration & Membership £75 inc VAT

Renewal Tenancy Agreements £225 inc VAT

 

Commencement Pack £250 inc VAT
Tenancy Agreement
(Includes 2 References & 2 Right to Rent Checks)
TDS Registration
Normal Price (inc VAT) - £300 Saving £50

 

Inventory, Check-In & Check-Out

Unfurnished Properties

 

Size Inventory Compilation Check-In Check-Out
1 bed (& studio) £105.00 £85.00 £100.00
2 bed £115.00 £95.00 £110.00
3 bed £125.00 £105.00 £120.00
4 bed £135.00 £115.00 £130.00
5 bed £145.00 £125.00 £140.00
6 bed and over By quotation By quotation By quotation

 

Furnished Properties

 

Size Inventory Compilation Check-In Check-Out
1 bed (& studio) £130.00 £110.00 £125.00
2 bed £140.00 £120.00 £135.00
3 bed £150.00 £130.00 £145.00
4 bed By quotation By quotation By quotation
5 bed By quotation By quotation By quotation
6 bed and over By quotation By quotation By quotation

 

N.B. Additional rooms (reception, bathrooms, conservatory’s etc.) are charged at an extra £15 per room on Unfurnished and Furnished Properties

N.B. A fee of £45 including VAT will be incurred for appointments missed, aborted or cancelled within 24 hours.

 

Rent Guarantee Insurance

Only available on Fully Managed & Rent Collect Services – Not Let Only

 

Band Rent Price (inc VAT)
2 £500 to £999 £204
3 £1,000 to £1,499 £264
4 £1,500 to £1,999 £314

5
£2,000 to £2,499 £374
6 £2,500 to £2,999 £424
7 £3,000 to £3,499 £484
8 £3,500 to £3,999 £534
9 £4,000 to £4,499 £594
10 £4,500 to £4,999 £644
11 £5,000 to £5,499 £704
12 £5,500 to £5,999 £754

 

Electrical Testing

 

Electrical Test Portable Appliance Test (PAT)
1 bed (& studio) £190.00 New Test - Up to 5 appliances £85.00
2 bed £200.00 New Test - Over 5 appliances £95.00
3 bed £240.00    
4 bed and over £280.00 Re-test - Up to 5 appliances £65.00
Additional Fuse Boards £200.00 Re-test - Over 5 appliances £75.00

 

 

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Additional Landlord Fees

(Where applicable)

 

Withdrawal from Agreed Offer £1,200 inc VAT

Selling Fee 1% + VAT
(1.2% inclusive of VAT)

Overseas Tax – Per Quarter £25 inc VAT

Vacant Property Management & 2 Inspections £200 per month inc VAT

 

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Additional Landlord Fees

(Let Only or Rent Collection Services Only – Free with Full Management)

Periodic Property Visits £100 inc VAT

Notices - Section 21 & Section 13 £75 inc VAT

Deposit Arbitration Submission £180 inc VAT

Dispute Resolution (Hourly Rate) £50 inc VAT

 

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jdm Lettings are a member of ARLA client money protection scheme, and the Property Ombudsman redress scheme