All fees are inclusive of VAT
Rent Collection Services: £420 tenancy set up fee and 8% of the monthly rent (6.66% ex VAT)
Full Management Service: £420 tenancy set up fee and 13% of the monthly rent (10.83% ex VAT)
VIP Premium Management Service: £480 tenancy set up fee and 16% of the monthly rent (13.33% ex VAT)
± Definition of comprehensive rent and legal expenses cover Nil Excess, Payable until vacant possession, Cover limit of £2,500 rent per calendar month, Total claims limit of £50,000, Upon accepting a claim the insurers will seek repossession of the property at their own expense, Full legal expense cover. Available for Premium Management Service only.
*Tenant Evict Service * offers a full legal eviction service should the tenant default on rental payments in the first 12 months. Our insurers will seek to repossess the property and will pay the costs associated with doing so.
If the tenant fails to vacate on expiry of a Section 21 notice (England and Wales only) our insurers will cover the costs of eviction for you.
Additional non optional fees and charges for Rent Collection, Managed and VIP Premium Managed Services
Register deposit with My Deposits £30
Provide Inventory and Schedule of Condition £120
Tenancy Check Out Fee £150
Only where an inventory has been instructed at the start of the tenancy will this service be available. Full inspection and report on condition at the end of the tenancy.
Deposit Disputes Evidence Preparation £75
Only necessary when a deposit dispute goes to arbitration
Additional optional fees and charges for Rent Collection, Managed and Premium Managed Services
Energy Performance Certificate £75
Gas Safety Certificate £66
Additional property visits £45
To attend for specific requests such as neighbour disputes; more visits are required to monitor the tenancy, or maintenance linked visits
Submission of non-resident landlord receipts to HMRC £45 quarterly
Rent review fee £45
Review rent in accordance with current prevailing market conditions and advise the landlord. Negotiate with the tenant. Direct tenant to make payment changes as appropriate. Update the tenancy agreement. Serve section 13 notice if the tenancy is on a rolling monthly basis.
Renewal fee £120
Contract negotiation, amending and updating terms and arranging a further tenancy and agreement.
Court attendance fee £60 per hour
For attending court plus travel expenses
Buy to Let Advice Package £150
1 Hour dedicated appointment to discuss buy to let investments and advice for the local area.
Tenant Find Let Only Service (Experienced landlords only) Cost: £600
All prices are inclusive of VAT. Prices are subject to change from time to time.
All content © Homesmart Lettings 2019 Office: HomeSmart Lettings 60A High Street, Runcorn, Cheshire, WA7 1AW