All our fees are shown inclusive of VAT where applicable.
Luton Office 01582 412141
Luton Landlord Fees
Guaranteed Rent
If you are renting your property to us on the Guaranteed Rent Service, we will not charge you any fees at all.
Charges will apply for our other services, please see the table below for details of these.
Set Up Fee for Fully Managed and Rent Collection
When you first instruct us on either of these schemes you will have to pay a Set Up Fee. This fee covers all the cost of advertising, finding a tenant, compiling the inventory and drawing up agreements etc. The Set Up Fee is payable each time you instruct us to find a new tenant for your property.
A fee for protecting the tenant’s deposit may be charged separately to cover our costs.
Commission for Fully Managed and Rent Collection
We charge a monthly commission for the ongoing management of your property, which will depend on the level of service you require.
Renewal Fee for Fully Managed and Rent Collection
If you are happy to renew the tenancy we may charge you a Renewal Fee, payable prior to the tenant signing a new agreement.
Tenant Find Charges
If you simply want us to find a tenant for your property, we will charge you a one off fee. This fee covers all the cost of advertising, finding a tenant, compiling the inventory and drawing up agreements etc.
Renewal Fee for Tenant Find
If you are happy to renew the tenancy we may charge you a Renewal Fee, payable prior to the tenant signing a new agreement.
Our Fees
| Tenancy Set Up Fee – Fully Managed & Managed Guaranteed | £650 plus VAT (£780 incl. VAT) |
|---|---|
| Monthly Commission – Fully Managed | 12% plus VAT (14.4% incl. VAT) |
| Monthly Commission – Managed Guaranteed | 16% plus VAT (19.2% incl. VAT) |
| Tenant Find Charges – full service | one month rent plus VAT |
| Tenant Find Charges (inventory not included) | £400 plus VAT (£480 incl. VAT) |
| Tenant Find Charges (Tenancy Agreement only) | £125 plus VAT (£150 incl. VAT) |
| Deposit protection fee | £40 plus VAT (£48 incl. VAT) |
| Move out inspection (Tenant Find Service only) | £100 plus VAT (£120 incl. VAT) |
| Organising contractors work (Tenant Find Service only) | £45 plus VAT (£54 incl. VAT) |
| References for LL and Agreement (incl. inventory) | £400 plus VAT (£480 incl. VAT) |
| References for LL and Agreement (excl. inventory) | £200 plus VAT (£240 incl. VAT) |
| Serving Legal Notices | £60 plus VAT (£72 incl. VAT) |
| Tenancy Extension/ Rent Review | £125 plus VAT (£150 incl. VAT) |
| Annual Statement | £50 plus VAT (£60 incl. VAT) |
| Quaterly submission to HMRC for non residential Lanldords | £65 plus VAT (£78 incl. VAT) |
Any percentage fees shown are calculated based on the monthly rent
Client Money Protection Certificate
Client Money Protection Certificate
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