Landlord Fees

Fees and charges for Landlords

Client Money Protection (CMP) provided by:ARLA
Independent redress provided by: TPOS


The following is a detailed list of Fees and Charges that may be incurred before, during and after a tenancy arranged by D+J Lettings and Property Management.

Level of Service Offered

Let Only - 60% of monthly rent + VAT (one-off fee)

  • Property appraisal and rental valuation
  • Marketing and advertising your property
  • Source suitable tenants for the property
  • Accompanied viewings and feedback
  • Obtaining references and credit checks on potential tenants
  • Providing you with information on the latest safety requirements
  • Collecting the tenant’s deposit and first month’s rent

 

Rent Collection - 10% of monthly rent + VAT (monthly)

  • Property appraisal and rental valuation
  • Marketing and advertising your property
  • Source suitable tenants for the property
  • Accompanied viewings and feedback
  • Obtaining references and credit checks on potential tenants
  • Providing you with information on the latest safety requirements
  • Collecting the tenant’s deposit and first month’s rent
  • Register deposit with TDP scheme
  • Oversee tenant check-in
  • Rent collection and payment to landlord
  • Deal with any arrears

 

Full Property Management - 12.5% of monthly rent + VAT (monthly)

  • Property appraisal and rental valuation
  • Marketing and advertising your property
  • Source suitable tenants for the property
  • Accompanied viewings and feedback
  • Obtaining references and credit checks on potential tenants
  • Providing you with information on the latest safety requirements
  • Collecting the tenant’s deposit and first month’s rent
  • Register deposit with TDP scheme
  • Oversee tenant check-in
  • Transfer utility supplier accounts
  • Rent collection and payment to landlord
  • Deal with any arrears
  • Conduct regular property inspections
  • Arrange routine service and maintenance
  • Advise on repairs required
  • Arrange emergency repairs
  • Arrange mandatory safety checks
  • Handle insurance claims
  • Monthly itemised statement to landlord
  • Deal with tenant issues and queries
  • End of tenancy inspections
  • Oversee tenant check-out
  • Arrange deposit return
  • Remarketing at the end of tenancy


Additional Non-Optional Fees and Charges (Irrespective of Level of Service):


Landlord Setup Fee - £144.00 (inc VAT)

  • Agree the market rent and find a tenant in accordance with the landlord guidelines
  • Advise on refurbishment
  • Draw up tenancy agreement
  • Provide guidance on compliance with statutory provisions and letting consents
  • Carry out accompanied viewings (as appropriate )
  • Market the property and advertise on relevant portals
  • Erect board outside property in accordance with Town and Country Planning Act 1990
  • Advise on non-resident tax status and HMRC (if relevant)

 

Inventory and Check-In Fee (Landlord's share) £ Sliding scale from Independent Inventory Company

  • Attending the property to undertake a detailed Schedule of Condition and Inventory based on the condition of the property

 

Deposit Registration Fee - £30.00 (inc VAT)

  • Register landlord and tenant details and protect the security deposit with a Government-authorised Scheme
  • Provide the tenant(s) with the Deposit Certificate and Prescribed Information within 30 days of start of tenancy


Additional property visits - £60.00 (inc VAT)

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


Submission of non-resident landlords receipts to HMRC - £60.00 (inc VAT) quarterly

  • To remit and balance the financial return to HMRC quarterly – and respond to any specific query relating to the return from the landlord or HMRC


Arrangement fee for refurbishments over £500.00 - 10% of net cost + VAT

  • 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


Rent Review Fee - £90.00 (inc VAT)

  • Review rent in accordance with current prevailing market condition and advise the landlord
  • Negotiate with tenant
  • Direct tenant to make payment change as appropriate
  • Update the tenancy agreement
  • Serve Section 13 Notice if tenancy is on a rolling monthly basis


Landlord Renewal Fee - £90.00 (inc VAT) - Full Property Managed Service

  • Contract negotiation, amending and updating terms and arranging a further tenancy and agreement


Landlord Renewal Fee - £150.00 (inc VAT) - Let Only and Rent Collection Service

  • Contract negotiation, amending and updating terms and arranging a further tenancy and agreement


Notice Issue Fee - £90.00 (inc VAT)

  • Negotiate and advise landlord on serving statutory Notices e.g. Section 13 or Section 21
  • Preparation of Notice(s)
  • Arrange delivery and serving of Notices to tenant