Landlord Fees |
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Letting, renewal and receiving rent: We’ll:
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13.2%* of rent for the whole time your tenant stays in the property |
| Short Lets (less than six months) | 24% of rent |
| Minimum Fee London Region | £1,800 * |
| Minimum Fee Other Regions | £1,200 * |
| Letting, renewal, receiving rent and management: | 20.4% * of rent for the whole time your tenant stays in the property |
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In addition to the letting, renewal and receiving rent services we’ll:
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21.6% of rent |
| Minimum Fee London Region | £3,000 * |
| Minimum Fee Other Regions | £2,400 * |
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Inclusive letting, renewal, receiving rent and management * In addition to the above we’ll: Facilitate inclusive utilities, telecoms and furnishings as needed |
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| Minimum Fee London Region | £3,500 * |
| Minimum Fee Other Regions | £2,900 * |
| Short Lets (less than six months) | 30% of rent |
| Management Only Service | £600 handover ** and 7.2% of rent payable |
| Minimum Fee | £1,800 |
| Vacant management (before you let or between tenancies) | |
| This depends on what you need. Minimum monthly fee | £120 |
| Pre letting service (visual check) | £600 |
| Sale of Property (including sales progression) | 2.4% of the agreed sale price |
| Extra optional and non-optional fees & charges | |
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Tenancy Paperwork (landlord’s share) Contract negotiation (amending and agreeing terms) and arranging the tenancy. |
£246 |
| Right to Rent Checks | |
| Initial per person | £30 |
| Follow up (included for our managed clients) per person | £50 |
| Land Registry | £4.80 |
| Head lease from Land Registry | £4.80 |
| Deposit registration | £48 per year |
| Transferring deposit to landlord or other agent during tenancy | £120 |
| References during tenancy or at renewal | £39 |
| Change of ownership set up | £120 per property to a maximum charge of £600 |
| Helping with deposit adjudication | £120 per hour |
| Additional HMO or selective licensing | |
| Application handling | £300 |
| Annual license holding | £120 per year |
| Making an inventory and check-in | Minimum £180 |
| Larger properties may be at an additional cost. | to a maximum of £1,140 |
| Inventory arrangement per booking (included for managed landlords) |
£60 |
| HMO visits and/or any additional property visits | £120 per visit |
| Arranging works or refurbishment over £1,000 This includes: arrange access, contractor quotes, checking works against job specification, holding works warranties and guarantees 14.4% of net cost |
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| Quarterly return to HMRC | £120 per landlord |
| Consolidated statement | £30 per copy |
| Tenancy renewal paperwork (landlord’s share) Contract negotiation and arranging necessary documentation |
£120 + commission |
| Cancelling a let before the tenant moves in | £350 + costs |
| Preparing and serving notices | |
| • Section 13 Notice: | £50 |
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• Section 21 Notice: The service of S21 notice is included for our managed clients |
£50 |
| Meeting third parties for insurance claims | £120 per hour |
| Attending court |
£120 per hour |
| Making a payment outside the UK | £30 |
| Making a same day payment in the UK | £30 |
| Interest on unpaid commission or other monies due at 4% above Barclays Bank base rates |
If you have any questions about our fees, please ask a member of staff
All fees and charges are shown inc VAT
Fine & Country Richmond Limited is a member of The Property Redress Scheme.
Fine & Country Richmond Limited has client money protection insurance provided by Propertymark.
Tenant Fees
Assured Shorthold Tenancy (AST)
Before you move in
Holding deposit (per tenancy)
Equivalent to one week’s rent, this will reserve the property for fourteen days to allow the relevant paperwork and referencing (including Right to Rent) for the tenancy to be completed. It will be retained if you withdraw your application or fail the referencing process (which includes providing false/misleading information) or fail to complete the tenancy agreement.
Deposit (if the rent is under £50,000 per annum)
Equivalent to five weeks rent. This will be protected in the Tenancy Deposit Scheme and will be returned in accordance with the terms of your tenancy agreement. This covers damages or defaults on the part of the tenant during the tenancy.
Deposit (if the rent is between £50,000 and £100,000 per annum)
Equivalent to six weeks rent. This will be protected in the Tenancy Deposit Scheme and will be returned in accordance with the terms of your tenancy agreement. This covers damages or defaults on the part of the tenant during the tenancy.
During your tenancy
Variation of contract (tenant’s request) £50 (inc.VAT) per agreed variation
To cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents.
Change of sharer (tenant’s request) £50 (inc.VAT) per replacement tenant or any reasonable costs incurred if higher
To cover the costs associated with taking landlord’s instructions, new tenant referencing and Right-to-Rent checks, deposit registration aswell as the preparation and execution of new legal documents.
Early termination (tenant’s request)
Should the tenant wish to leave their contract early, they shall be liable to the landlords costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy.
Other fees and charges
Unpaid rent
Interest will be charged at 3% above the Bank of England base rate for rent that is unpaid for 14 days or more, charged for each day that it is outstanding. Please Note: This will not be levied until the rent is more than 14 days in arrears.
Lost key(s) or other security device(s)
Tenants are liable for the actual cost of replacing any lost keys or other security devices. If the loss results in locks needing to be changed, the
actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant. If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost keys or other security devices.
Fine & Country, Richmond: Client Money Protection (CMP) is provided by Independent Redress scheme Property Mark. To view our certificate, please click here.
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