A – Full Management – 18% (inc VAT)B – Rent Collection 14.4% (inc VAT)C – Let Only 12% (inc VAT) |
A |
B |
C |
Visiting the property and giving a rental assessment of the Landlord’s property and advising on the letting of it. |
* |
* |
* |
Advertising and circulating details of the Landlord’s property to prospective company and private tenants |
* |
* |
* |
Arranging for and accompanying prospective Tenants where required to view the Landlord’s property. |
* |
* |
* |
Applying for references on prospective Tenant, where applicable |
* |
* |
* |
Drawing up Tenancy agreements which clearly set out both the Landlord’s and Tenant’s obligations. A fee of £180.00, including VAT, for each Tenancy Agreement |
* |
* |
* |
Collection of deposit, or arrangement of Letter of Guarantee, if approved by the Landlord |
* |
* |
* |
Arranging for an independent inventory clerk to draw up an inventory of the property, Tenants to be checked in, meters read & keys to be handed over. The Inventory Clerk’s fees are not included either for the making of the inventory or the checking in of the Tenant. |
* |
* |
* |
Notifying the Utility companies of Tenant’s information at the beginning of a new tenancy |
* |
* |
* |
Collection of the rents during the tenancy and monthly payments into the Landlord’s bank via the BACS system. |
* |
* |
|
Submission of monthly rental statements to the Landlord, additional statements, copies etc will be charged at £2.40, including VAT, per copy |
* |
* |
|
Visiting the Landlord’s property after the first month of occupation, and quarterly thereafter, and reporting to the Landlord after each visit. Additional visits £30 inc VAT |
* |
||
Dealing with any day-to-day management problems that may occur during the tenancy. |
* |
||
Liaison with the Landlord’s accountant in connection with the Landlord’s tax return |
* |
||
Arranging for the independent inventory clerk to check the Tenants out of the property at the termination of the tenancy and draw up a schedule of dilapidations. |
* |
||
Arranging for the renewal of the tenancy at the tenancy termination, or the re-letting of the property. Renewal fee charged at £60.50, including VAT |
* |
||
Arranging the annual gas check and service |
* |
||
Arrange for any cleaning & repair work arising from the schedule of dilapidation at the termination of a tenancy |
* |
Additional Costs:
Tenancy Set up costs depending on rent and number of references £498-£780 inc VAT
Make of Inventory £120 – £360 (inc VAT) dependant on size
Check in of Tenants £120 – £250 (inc VAT) dependant on size
Provide paperwork for a Tenancy deposit dispute *£180 (inc VAT)
Plus time for above charged per hour * £50 (inc VAT)
Registration of Tenancy Deposit £75 (inc VAT) Max one per year
Additional copies of Inventory £30 (inc VAT)
Call our for Alarm in office hours £60 (inc VAT)
Call out for Alarm out of office hours £120 (inc VAT)
Additional visits to property £60 (inc VAT)
Section 21/8 or other Notices £80 (inc VAT)
Void period visits to property £60 (inc VAT)
Dealing with Legal Proceedings per hour £30 (inc VAT)
Energy Performance Certificate (property size dependant) £102 – £156 (iinc VAT)
Court Appearance (travel costs/parking additional) £60 per hour (inc VAT)
Purchase by party introduced by Murray Management 1.2% of purchase price (inc VAT)
Submission of ¼ payment to HMRC if no exemption £60 (inc VAT)
Legal & Rent Protection Insurance £135-£250
Reissue of TDS paperwork (service B&C) ££100 (inc VAT)
Work arranged for non manged properties 22% (inc VAT) of contractor invoice
Additional statements £5 inc VAT
Gas safety certificates and service – As per contractor invoice
Electrical Installation condition report – As per contractor invoice
PAT test – As per contractor invoice
Handling Local authority licencing application £50 inc VAT per hour
Landlord withdrawal fee £170 inc VAT per hour
Extension/Renewal of tenancy Fee £120 inc VAT
Right to Rent follow up check £120 inc VAT