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All the information you need about our landlord fees…
When letting out your property you will need to work out how much it will cost you to do so; the landlord fees. Costs vary depending on the level of service you want from a letting agent and the amount of additional support you may require in making sure your property is legally compliant to rent out.
Our lettings experts are able to sit down and talk you through all of the landlord fees that may apply to you, as the chances are that many of the listed charges will not apply. We have provided an explanation of the fees that are chargeable below.
These fees are mostly taken from the rent recieved and we provide financial statements for your records. All fees are inclusive of VAT (where applicable).
Tenant Find Only Fee
9% (7.5% + VAT) of 12 months rental income
Tenant Find & Rent Collection Fee
12% (10% + VAT) of the monthly rent PLUS
£300 (£250 + VAT) Tenancy Setup Fee
Tenant Find, Rent Collection and Full Management Fee:
15% (12.5% + VAT) of the monthly rent PLUS
£300 (£250 + VAT) Tenancy Setup Fee
Portfolio Management Fees:
Depending on the size on the portfolio, we may be able to offer different fee rates compared to the above for landlords with portfolios of 3+ properties.
Additional/Optional Landlord Fees
Tenancy Renewal & Rent Increase Negotiation Fee
£108 (£90 + VAT)
Energy Performance Certificate
£90 (£75 + VAT)
Gas Safety Certificate
£60 (£50 + VAT) *Additional Arrangement Fee of £36 applies for non-managed properties*
Electrical Installation Condition Report
£130.68 (£108.90 + VAT) *Additional Arrangement Fee of £36 applies for non-managed properties*
Deposit Registration Fee
£30 (£25 + VAT)
Smoke & Carbon Monoxide Compliance Certificate
£55 (£48.83 + VAT)
Legionella Risk Assessment
£70 (£58.83 + VAT)
Legal Expenses and Rent Guarantee Cover
£327.60 (£273 + VAT)
Professional Inventory, Check-In & Check-Out Fees
Property Dependent – Please contact the office for prices
All of our landlords have access to their personal, secure, online portal with all of their tenancy and property details. This includes tenancy agreements, statements and invoices. 24/7 availability for your convenience.
Unlike most of our lettings competitors, we offer free professional photography and floorplans on all of our properties to let. This superior presentation helps us attract the superior tenants looking for a superior home!
Our services are completely tailored to our customers’ needs. Want to use your own preferred contractors? Only want to be emailed? Whatever your requirement it is fine by us!
We send all of our landlords (regardless of service level) a monthly newsletter. This newsletter is designed to keep them up-to-date with legislation, offer further potential investment properties and keep them up to date with the lettings team members.
Nothing is more important to us than the standard of tenants within our properties. We will work with your requirements about what you are looking for within a tenant and make sure that the chosen tenant is the best available in the marketplace.
An explanation of the different types of fees…
Tenant Renewal Fees:
The arrangement and renewal of a fixed term tenancy agreement. This includes are re-negotiation of the rental value.
Energy Performance Certificate:
The arrangement, completion and production of the legally-required certificate. 10 year validity.
Gas Safety Certificate:
The arrangement, completion and production of the legally-required annual safety certificate.
Electrical Installation Condition Report:
The arrangement, completion and production of the safety certificate. Up to 5 year month validity.
Deposit Registration Fee:
The collection, processing and registration of the tenant’s security deposit as per legal obligations. Production of certificate of registration and serving of prescribed information.
Smoke & Carbon Monoxide Compliance Certificate:
The arrangement, completion (including gas testing) and production of the safety certificate.
Legionella Risk Assessment:
The arrangement, completion and production of the safety certificate.
Inventory, Check In & Check Out Fees:
The fee payable to arrange the for the production of a professional inventory, check in and check-outs. The fee is dependent on the size of the property.
Legal Expenses and Rent Guarantee Cover:
The arrangement of rental guarantee and legal protection insurance. Price quoted for 12 months cover.
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Homes Partnership is a multi award winning estate agent and letting agent, covering Crawley, Copthorne, Crawley Down, Smallfield, Burstow, Horley, Balcombe, Handcross, Worth, Turners Hill, Horley, East Grinstead, Felbridge, Charlwood, Pease Pottage, Cowfold and surrounding areas.
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Homes Partnership is a trading name of Homes Partnership Southern Limited registered at 44 High Street, Crawley, RH10 1BW. Registered in England and Wales. Our registered number is 04309486. Our VAT number is 762 2357 33
