LETTING SERVICES WITH AUSTIN SAMUELS

Commission Fees:

Services Description Let Only
8%+vat
(9.6% inc vat)
Rent Collection
10%+vat
(12% inc vat)
Fully Managed
12%+vat
(14.4%inc vat)
Advertising & Marketing Full strategy including property portals and social media to source the right tenant/s
Board Erection of For Sale or To Let board
Accompanied Viewings Accompany all prospective applicants on viewings
Applicant Qualification & Negotiating Fully vetting prospective tenants, negotiating offers and receiving holding deposit
Referencing Professional tenant and guarantor referencing (per person) £60.00 inc VAT £60.00 inc VAT £60.00 inc VAT
Tenant ID Verification/Right to Rent Checks Checking the identification and whether they have the right to rent in the UK Included in above referencing fee Included in above referencing fee Included in above referencing fee
Tenancy Agreement (TA) Drafting and preparation of Tenancy Agreement (AST)
Inventory/Check-in Arranging Inventory & Check-in on your behalf (extra costs apply-see below)
Rent Collection Collection of Rent and forwarded into your account
Transfer of Utilities Ensuring utilities are changed into tenants names upon occupation
Dedicated Property Manager A personal property manager assigned to your property/portfolio
Key Holding To gain access for maintenance or if lost/stolen by either party
Pro-active Credit Control Chasing of rent or outstanding debts on your behalf
Arranging Quotes, Repairs & Maintenance Access to panel of vetted contractors for investigative and remedial work
Inventory/Check-out Process Arrangement of check-out and cross reference of condition upon vacation
Mid-term Inspection Visual check of the property with report £50.00 inc VAT £50.00 inc VAT
Deposit Dispute Mediation Mediate between you and tenant, negotiate claim, compile and submit to DPS (if required)
Compliance Advice Ongoing compliance advice including changes in legislation
Annual Rent Statement/Income & expenditure Report Yearly breakdown of rental income, costs and trends
Legal Notices Serving of any legal notices (e.g. Section 21 or section 8) £100.00 inc VAT £100.00 inc VAT
Forwarding of Post Post collected and sent to your address £20.00 inc VAT

If full property management is chosen, then we will require £300 to be kept as a float in respect of possible costs for emergency works. Anything exceeding this would need to be authorized.

Additional Fees & Charges:

Deposit Registration Administration and lodging of deposit with the Deposit Protection Service (DPS) £40.00 inc VAT
Submission of Non-Resident landlord Receipts to HMRC Administration and sending of receipts to HMRC on behalf of landlord (per quarter) £30.00 inc VAT
Duplicate Statements Providing duplicate rent statement & income/expenditure report £25.00 inc VAT
Abortive Tenancy If landlord aborts/withdraws from tenancy once a tenant has been sourced and move in has been agreed Costs up to £1500.00
Sale of property Property sold while rented or managed 1.2% inc VAT
Gas Safety Inspection Gas safety inspection and issue of certificate £120 inc VAT
Electrical Inspection Condition Report (EICR) Electrical Inspection Condition Report and potential remedial work suggestions From £240 inc VAT
Portable Appliance Testing (PAT) Portable Appliance Testing of any electrical items within the property 15 Items or less £120 inc VAT Each additional item £6 inc VAT
Smoke Alarm Installation Fitting of one battery operated smoke alarm £102.00 inc VAT
Carbon Monoxide Alarm Installation Fitting of one battery operated carbon monoxide (CO) alarm £102.00 inc VAT
Energy performance Certificate (EPC) Survey by a qualified energy assessor to produce an Energy performance Certificate £72.00 inc VAT
Legionella Risk Assessment Identification and evaluation of all potential sources of risk associated with Legionella within your properties water system Properties with 1-4 Bathrooms £180 inc VAT For bigger properties or those with swimming pools/Jacuzzi’s/Saunas POA
Rent and Legal Protection Policy To safeguard against non-payment of rent and legal costs Price on application
Professional Clean Dependent on size and bedrooms Price on application
Renewals Renewal and administration of current tenancy including re-negotiation of rental amount and re-issuance of legal documents and certificates 4% inc VAT

Inventory Make / Check-in Charges (All inc VAT)

Check-in Furnished Unfurnished
Studio £132.00 £132.00
1 Bedroom £198.00 £198.00
2 Bedrooms £198.00 £198.00
3 Bedrooms £218.00 £218.00
4 Bedrooms £238.00 £238.00
5 Bedrooms £258.00 £258.00

Check-out Charges (All inc VAT)

Check-out Furnished Unfurnished
Studio £93.00 £93.00
1 Bedroom £132.00 £132.00
2 Bedrooms £132.00 £132.00
3 Bedrooms £152.00 £152.00
4 Bedrooms £172.00 £172.00
5 Bedrooms £192.00 £192.00