LANDLORD FEES SCHEDULE
RE/MAX STAR
Let intro:
12% of rent (inc. VAT)
Rent collection:
12% of rent (inc. VAT)
Full management:
15% of rent (inc. VAT)
Advising as to the likely rental income
Providing guidance on compliance with statutory provisions and letting consents
Advising on refurbishment requirements
Advising on non-resident tax status and HMRC (if relevant)
Advertising and generally marketing the Property
Interviewing prospective tenants
Negotiating the terms of the tenancy
Carrying out accompanied viewings
Collecting and remitting initial months’ rent
Providing tenants with method of payment
Deducting any pre-tenancy invoices
Making any HMRC deductions
Taking a security deposit from the tenant which is to be held in accordance with current legislation
Demanding, collecting, and remitting the monthly rent
Pursue non-payment of rent and provide advice on rent arrears actions
Making payments on behalf of the Landlord from rents received for costs in managing the property
Inspecting the Property on a regular basis, not less often than once every six months
Arranging routine repairs or maintenance obtaining estimates where necessary, supervising works and settling accounts from rents
Holding keys throughout the tenancy term
LANDLORD FEES SCHEDULE
ADDITIONAL NON-OPTIONAL FEES AND CHARGES
The cost of the inventory report at the commencement of the tenancy will vary depending on the number of bedrooms. For a studio/one-bedroom apartment, the cost is £96 (including VAT), while a four-bedroom property is priced at £144 (including VAT). For larger properties, the independent inventory clerk will provide a personalized quote on an individual basis. Please be aware that suppliers’ prices may differ, and if a property has extra rooms or excessively furnished rooms, additional charges may be applied by the suppliers.
The cost of the inventory report at the beginning of the tenancy will depend on the number of bedrooms. It ranges from £96 (including VAT) for a studio/one-bedroom apartment to £144 (including VAT) for a four-bedroom property. Larger properties will receive an individual quote from the independent inventory clerk. It’s important to note that suppliers’ prices may vary. If a property has extra rooms or rooms that are excessively furnished, suppliers are likely to apply additional charges.
We need to know if you require a Sales or Lettings valuation to provide you with the right local expertise.
