LANDLORD CHARGES
Legal Requirements/Best Practice
Gas Safety Certificates
Minimum £114.00 inc of VAT
Electrical Safety Report
Minimum £150.00 inc of VAT
Electrical Installation Condition Report
Minimum £250.00 inc of VAT
PAT Testing
£15.00 inc of VAT per appliance
Smoke & Carbon Monoxide if required
£15.00 per detector inc of VAT
Legionella Risk Assessment
Minimum £50.00 inc of VAT
Energy Performance Certificate
Minimum £114.00 inc of VAT
Letting Fees
Let Only
50% of a month’s rent inc of VAT
Letting & Management
35% of first month’s rent inc VAT + 12% inc of VAT pcm
With Guarantor
+£60.00 inc of VAT
Re-Letting Fee
£250.00 inc of VAT
Inventories/Check Outs
Inventory & Schedule of Condition
Minimum £84.00 inc of VAT (dependant of property size)
Check Out Inspection & Report
Minimum £84.00 inc of VAT (dependant of property size)
Protection of Deposit
Security Deposit Registration (Let Only)
£108.00 inc of VAT
Security Deposit Registration (Managed)
£50.00 inc of VAT
Tenancy Renewal
Extending an existing tenancy following end of fixed term
Let Only
£108.00 inc of VAT
Managed
£72.00 inc of VAT
Keys
Arranging additional keys/obtaining copies/Fobs etc
£30.00 inc of VAT
Overseas Landlord Tax
Landlord failure to apply for Approval Number from
Inland Revenue &to complete HMRC quarterly return
for non-resident Landlords
£90.00 inc of VAT (per qtr)
Accounts
Providing an Annual Statement for
Tax Assessment by post/email
£60.00 inc of VAT
Inventories/Check Outs
Service of a Legal Notice under the Housing Act
£30.00 inc of VAT
Court/Bailiff Attendance (per hour)
£50.00 inc of VAT
Visit to the property (outside of periodic inspection)
£40.00 inc of VAT
Deposit disputes
£60.00 inc VAT
TENANT FEES
As well as paying the rent, you may also be required to make the following permitted payments.
Permitted payments
For properties in England, the Tenant Fees Act 2019 means that in addition to rent, lettings agents can only charge tenants (or anyone acting on the tenant’s behalf) the following permitted payments:
- • Deposits (a maximum deposit of 5 weeks’ rent for annual rent below £50,000, or 6 weeks’ rent for annual rental of £50,000 and above);
- • Payments to change a tenancy agreement eg. change of sharer: £50.00 inc VAT;
- • Payments associated with early termination of a tenancy: £250.00 inc VAT. Rent will be due to the date of agreed termination;
- • Where required, utilities (electricity, gas or other fuel, water, sewerage), communication services (telephone, internet, cable/satellite television), TV licence;
- • Council tax (payable to the billing authority);
- • Interest payments for the late payment of rent (3% above Bank of England’s annual percentage rate);
- • Reasonable costs for replacement of lost keys or other security devices: £50.00 inc VAT;
- • Any other permitted payments under the Tenant Fees Act 2019 and regulations applicable at the relevant time.
Tenant protection
- • CMP Insurance PCC Limited (CMP Cover Certificate)
- • Property Redress Scheme (PRS)
