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FEES TO LANDLORDS

Level of service offered:

 

TENANT FIND: 8% of rent (plus VAT)

INCLUDES:


 

RENT COLLECTION*: 2% of rent (plus VAT)

*non managed property

INCLUDES:


 

FULLY MANAGED: 5% of rent (plus VAT)

INCLUDES:


Additional non-optional fees and charges (irrespective of level of service)

SETUP FEE (LANDLORD’S SHARE): £0.00 (inc VAT)
• Agree the market rent and find a tenant in accordance with the landlord guidelines
• Advise on refurbishment
• Provide guidance on compliance with statutory provisions and letting consents
• Carry out accompanied viewings (as appropriate)
• Market the property and advertise on relevant portals
• Erect board outside property in accordance with Town and Country Planning Act 1990
• Advise on non-resident tax status and HMRC (if relevant)

INVENTORY FEE (LANDLORD’S SHARE) see attached Schedule
• Dependent on the number of bedrooms and/or size of the property and outbuildings

DEPOSIT REGISTRATION FEEE: £12.00 (inc VAT)
• Register landlord and tenant details and protect the security deposit with a Government-authorised Scheme
• Provide the tenant(s) with the Deposit Certificate and Prescribed Information within 30 days of start of tenancy

ADDITIONAL PROPERTY VISITS: £0.00 (inc VAT)
• To attend for specific requests such as neighbour disputes; more visits are required to monitor the tenancy; or any maintenance-linked visit

SUBMISSION OF NON-RESIDENT LANDLORDS RECEIPTS TO HMRC: included in the management fees
• To remit and balance the financial return to HMRC quarterly and respond to any specific query relating to the return from the landlord or HMRC

ARRANGEMENT FEE FOR WORKS OVER £0.00 10% of net cost
• Arranging access and assessing costs with contractor;
• Ensuring work has been carried out in accordance with the specification of works
• Retaining any warranty or guarantee as a result of any works.

ARRANGEMENT FEE FOR REFURBISHMENTS OVER £0.00
10% of net cost
• Arranging access and assessing costs with contractor;
• Ensuring work has been carried out in accordance with the specification of works
• Retaining any warranty or guarantee as a result of any works

OBTAINING MORE THAN TWO CONTRACTOR QUOTES
£0.00 (inc VAT) per quote

RENT REVIEW FEE: £0.00 (inc VAT)
• Review rent in accordance with current prevailing market condition and advise the landlord
• Negotiate with tenant
• Direct tenant to make payment change as appropriate
• Update the tenancy agreement
• Serve Section 13 Notice if tenancy is on a rolling monthly basis

RENEWAL FEE (LANDLORD’S SHARE): see Terms of Business
• Contract negotiation, amending and updating terms and arranging a further tenancy and agreement

CHECKOUT FEE (LANDLORD’S SHARE): To be advised
• Agree with tenant check out date and time appointment
• Instruct inventory provider to attend
• Negotiate with landlord and tenant any disbursement of the security deposit
• Return deposit as agreed with landlord and tenant to relevant parties
• Remit any disputed amount to Scheme for final adjudication
• Unprotect security deposit
• Instruct contractors; obtain quotes; organise repairs /replacement/cost of any broken or missing items

COURT ATTENDANCE: £0.00 (inc VAT) per hour

 

KINGSLEYS ESTATES are confident that they can provide the right advice & professional service in all areas of the property market.

Please call us for a free valuation of your property with no obligation.

Contact us now on 020 8458 3333
to see what real service should be!!!

- Our Services include -
SALES, LETTINGS, MANAGEMENT, ACTING FOR RELOCATION AGENTS, COMMERCIAL, INVESTMENTS
and SURVEYING
- The areas we cover include - GOLDERS GREEN, TEMPLE FORTUNE, HAMSPTEAD GARDEN SUBURB,
HENDON, HAMSPTEAD, CRICKLEWOOD, FINCHLEY and MILL HILL
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