Book a Property Valuation

Fees to Landlords


NOTICE OF FEES to LANDORDS
Everest is an ARLA Licensed member
Client Money Protection (CMP) provided by NFOPP
Independent Redress provided by TPOs
 

LETTING SERVICE: 6% (No VAT)
Includes:
  •   Full Marketing
  •   Introducing a Tenant (s)
  •   Negotiate terms for an initial tenancy
  •   Independent tenant assessment
  •   Prepare tenancy agreement
  •   £0 excess Rent Guarantee with legal backup – Additional Charge
  •   Collect initial months’ rent and dilapidations deposit
  •   Provide tenant with method of rental payment
  •   Deduct any pre-tenancy invoices
  •   Register deposit as required
  •   Review the rent and negotiate any subsequent renewal of the tenancy
  •   Advice on legal compliance
 

RENT COLLECTION: 12% (No VAT)
INCLUDES the LETTING SERVICE:
And:
  •   Collecting the rent and make payment to Landlord
  •   Chasing non-payment of rent or any possible shortfalls
  •   Submitting a rent claim to the insurance company under the rent guarantee (if required)
  •   Attend court to gain possession of the property should the tenant fail to pay the rent (if required)
  •   Deduct any pre-tenancy invoices.
  •   Make any HMRC deduction as required (if relevant)
 

MANAGEMENT: 18% (No VAT) INCLUDES the LETTING and RENT COLLECTION services
And:
  •   Undertake inspections on a six monthly basis and report to Landlord
  •   Arrange maintenance and repairs and arrange payment of invoices (subject to charges below)
  •   Hold keys throughout tenancy
  •   Serve appropriate notices
  •   Handle return of deposit and any disputes
  •   Attend Court for possession hearings if required
  •   Advise all relevant utility providers of changes
  •   Dedicated property manager
  •   24/7 Emergency telephone line
 

Additional Non-Optional Fees and charges (irrespective of level of service) Renewal Fee (landlords share): 4% (No VAT)

Advice on current rent, contract negotiation, amending and updating terms and arranging a further tenancy and agreement.

Inventory Fee (landlords share): Between £140.00 and £190.00 at check in.

Dependent on the number of bedrooms and/or size of the property and outbuildings

Additional property visits: £72 (inc VAT) per visit or £60 + vat

To attend for specific requests such as neighbour disputes; more visits are required to monitor the tenancy; or any maintenance-linked visit

Arrangement Fee for third party and sub-contractors: 10% (NO VAT) 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. ALL third party invoices include this fee.

Checkout Fee (landlords share): £0 for managed properties only. Not available to other service levels                                                        

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 for managed properties only. Not available to other service levels.

IF YOU HAVE ANY QUESTIONS ON OUR FEES, PLEASE ASK A MEMBER OF STAFF

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