FEES TO: LANDLORDS
LEVEL OF SERVICE OFFERED:
TENANT FIND: 12% (Inc VAT)
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FULLY MANAGED: 6% (Inc VAT)
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TENANT FIND: 24% (Inc VAT)
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MULTIPLE AND SOLE AGENT
This fee will be applicable for any Renewed or extended Tenancy;
INCLUDES:
- Collect and remit initial two months’ rent received
- Agree collection of any shortfall and payment method
- Provide tenant with method of payment
- Deduct any pre-tenancy invoices
- Make any HMRC deduction and provide tenant with the NRL8 (if relevant)
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INCLUDES:
- Collect and remit the monthly rent received
- Pursue non-payment of rent and provide advice on rent arrears actions
- Deduct commission and other works
- Advise all relevant utility providers of changes
- Undertake two inspection visits per annum and notify landlord of the outcome
- Arrange routine repairs and instruct approved contractors
- Hold keys throughout the tenancy term
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SHORT / HOLIDAY LET
INCLUDES:
- Collect and remit initial two months’ rent received
- Agree collection of any shortfall and payment method
- Provide tenant with method of payment
- Deduct any pre-tenancy invoices
- Make any HMRC deduction and provide tenant with the NRL8 (if relevant)
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ADDITIONAL NON-OPTIONAL FEES AND CHARGES (IRRESPECTIVE OF LEVEL OF SERVICE):
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Advertising Fee (Landlords Share): Fees apply when further advertising is required and dependent on the method
- Agree the market rent and find a tenant in accordance with the landlord guidelines;
- Provide guidance on compliance with statutory provisions and letting consents
- Carry out accompanied viewings (as appropriate)
- Market the property and advertise on relevant portals
New Tenancy Administration Fee (Landlords Share): £180.00 (inc VAT)
- Drawing up and supervising a Tenancy Agreement
- Negotiate the terms of the Tenancy Agreement
Inventory Fee (landlords share): £150.00 - £400.00 (inc VAT)
Dependent on the number of bedrooms and/or size of the property and outbuildings
Additional property visits: £60.00 (inc VAT)
- To attend for specific requests such as neighbour disputes; more visits are required to monitor the tenancy; or any maintenance-linked visit
Arrangement Fee for Maintenance works (apply for outside the normal management duties): 18% (inc VAT) of total cost
- Arranging access and assessing costs with contractor;
- Ensuring work has been carried out in accordance with the specification of works
- Retaining any warranty or guarantee as a result of any works
Arrangement fee for refurbishments (apply for outside the normal management duties): 18% (inc VAT) of total cost
- Arranging access and assessing costs with contractor;
- Ensuring work has been carried out in accordance with the specification of works
- Retaining any warranty or guarantee as a result of any works
Arrangement Fee for EPC, Gas Safety certificate and other necessary certificates: 18% (inc VAT) of total cost
- Arranging access with relevant person(s);
- Forwarding certificate to the Landlord
Renewal Fee (landlords share): £90.00 (inc VAT)
- Contract negotiation, amending and updating terms and arranging a memorandum
Vacant Management Fee (landlords share): £360.00 (inc VAT)
- Undertake two inspection visits per month, collect posts and notify landlord of the outcome
- Arrange repairs and instruct approved contractors
- Hold keys throughout the vacant management term
Withdrawal from Agreed Offer (landlords share): £360.00 (inc VAT), other costs and expenses incurred prior to the withdrawal
- Fees apply if a draft of the Tenancy Agreement has already been processed
Mail Re-direction Fee: Full cost of Postage Fee
IF YOU HAVE ANY QUESTIONS ON OUR FEES, PLEASE ASK A MEMBER OF STAFF
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LONDON-TOKYO PROPERTY SERVICES IS AN ARLA LICENCED MEMBER
WWW.ARLA.CO.UK