Residential Lettings

LANDLORD FEE LIST

1. LETTING ONLY SERVICE

3 Weeks Rent + VAT

2. RENT DEMAND SERVICE

9.6% including VAT. (8% +VAT)

3. PROPERTY MANAGEMENT SERVICE

12% including VAT. (10% +VAT)

4. HMO MANAGEMENT SERVICE

14.4% including VAT. (12% +VAT)

5. TENANCY SETUP FEE:

When setting up a new tenancy using Full Management/Let & Rent Collection/HMO Services (Marketing, Referencing of 1 Applicant, Right to Rent checks, Drawing up Tenancy Agreement)

£264 including VAT + £43.20 Incl VAT per additional Tenant

6. REGISTRATION FOR THE TENANCY DEPOSIT SCHEME:

Annual Fee of £36 including VAT

7. CONSULTANCY FOR THE FOLLOWING:
• additional visits to a Property if we are managing;
o £36 including VAT
• waiting time at the Property;
o £36 including VAT
• having extra sets of keys cut;
o £12 including VAT in addition to cost of keys
• arranging cleaning prior to the start of a Tenancy if not managing;
o £24 including VAT
• arranging safety checks;
o £24 including VAT in addition to cost of checks
• obtaining consent from a lender or a Superior Landlord;
o £24 including VAT

8. PREPARATION OF AN INVENTORY BY AN INVENTORY CLERK:

Estimates upon request.

9. PREPARATION OF THE HANOVER HOMES STANDARD TENANCY AGREEMENT

£84 including VAT

10. PREPARATION OF AN EXTENSION AGREEMENT FOR THE TENANCY

£84 including VAT

11. WITHDRAWAL FROM AN AGREED OFFER:

£300.00 including VAT

12. VISITS DURING A VOID PERIOD FOR EACH VISIT (one every 2 weeks):

£36 including VAT

13. TAX RETENTION FOR A NON-RESIDENT LANDLORD PER QUARTER:

£36 including VAT

14. PREPARATION OF DOCUMENTATION FOR COURT PROCEEDINGS:

£ 60 including VAT per hour.

15. PREPARATION OF DOCUMENTATION FOR TDS ADJUDICATION:

£120 including VAT

16. ATTENDANCE BY HANOVER HOMES AT COURT OR A TRIBUNAL ON BEHALF OF THE LANDLORD:

£60 including VAT per hour
plus the reasonable costs and expenses of Hanover Homes.

17. DUPLICATE STATEMENTS PROVIDED TO THE LANDLORD OR HIS ACCOUNTANT:

£12 including VAT

for the statements covering all or part of the tax year.

18. COST OF SPECIALIST ADVERTISING OR BROCHURES:

Details upon request but subject to additional charges.

19. PROFESSIONAL PHOTOGRAPHY:

£54 inclusive of VAT

20. PROFESSIONAL PHOTOGRAPHY WITH FLOORPLAN:

£96 inclusive of VAT

21. EPC (Energy Performance Certificate) INCLUDING FLOORPLAN:

£90 inclusive of VAT

YOU ARE IN SAFE HANDS

Client Money Protection (CMP) provided by: Propertmark ARLA

You can find details of the Propertymark Conduct & Membership Rules on the Propertymark website: https://www.propertymark.co.uk/working-in-the-industry/member-requirements/

Independent Redress provided by: THE PROPERTY OMBUDSMAN

All monies are held in a separate client account and any deposits held are registered with the Tenancy Deposit Scheme.

TENANT FEE LIST

1. HOLDING DEPOSIT:

1 WEEKS RENT HOLDING DEPOSIT requested when landlord agrees to proceed with your application to rent the property. This will be held for 15 days while references are taken up.

Subject to suitable references, the Holding Deposit will go towards your first rent.

The Holding Deposit will be refunded:

• If the tenancy is entered into (this will go towards the first rent.
• If the Landlord withdraws the property and does not proceed with the prospective tenancy

The Holding Deposit will NOT be refunded:

• If the applicant(s) provide false or misleading information
• If the tenant withdraws their application within 15 days of paying the Holding Deposit

2. RENT

Your first rent will be requested be paid 3 working days before the start of the proposed tenancy.

The Holding Deposit will be put towards the first rent, unless otherwise requested or agreed.

3. TENANCY DEPOSIT

A deposit will be requested be paid 3 working days before the start of the proposed tenancy.
This will usually be a 5-week deposit calculated as the annual rent divided by 52.

4. DEFAULT FEES

There are two types of Default Fees:

• The loss of a key to or other security device to the property.
• Where the rent is outstanding for more than 14 days, interest may be charged on the overdue amount at the rate of 3% above the Bank of England Base Rate.
5. CHANGES TO THE TENANCY

There will be a fee of £84 inclusive of VAT for any variation, assignment or amendment (including changing a sharer) to the tenancy, where requested by the tenant.

6. EARLY TERMINATION OF THE TENANCY

Should the tenant wish to leave their contract early, they shall be liable to the landlord’s costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy.

7. OTHER COSTS

• Council Tax
• Utilities (Electricity, Gas or other fuel, water, sewerage)
• Green Deal payments
• Television License
• Communication Services (telephone other than mobile, internet, cable television, satellite television)

YOU ARE IN SAFE HANDS

Client Money Protection (CMP) provided by: Propertymark ARLA

You can find details of the Propertymark Conduct & Membership Rules on the Propertymark website: https://www.propertymark.co.uk/working-in-the-industry/member-requirements/

Independent Redress provided by: THE PROPERTY OMBUDSMAN

All monies are held in a separate client account and any deposits held are registered with the Tenancy Deposit Scheme.