Landlord Fees
All the following fees are inclusive of VAT at the current rate, unless otherwise stated.
| Legal Requirements and Best Practice | |
|---|---|
| Gas Safety Certificates: | £90.00 inc. VAT (net £75.00) |
| Electrical Installation Condition Report: | £225.00 inc. VAT (net £187.50) |
| Energy Performance Certificate | £114.00 inc. VAT (net £95.00) |
| Portable Appliance Test (PAT) | £115.00 per inc. VAT (net £95.83) |
| Smoke & Carbon Monoxide Alarm Certificate | £24.00 (net £20.00) |
| Legionella Risk Assessment | £99.90 inc. VAT (net £83.25) |
Rent & Legal Protection
Guarantee your rental income and protect yourself from the cost of obtaining legal possession of your property in the event that your Tenant(s) default their rental payments or if they complete any Tenancy breach that gives grounds for possession.
This service is available to Managed Landlords only, at a charge of £24.90 a month, inclusive of VAT (net £20.75) for rents under £2,500.00 per calendar month. For rents over £2,500.00pcm and up to £3,500.00pcm, it is available at a charge of £30.00 a month, inclusive of VAT (net £25.00).
By spending £298.80 including VAT (net £249.00) over the course of 12 months, you have a guaranteed rental income of £9,360.00, based on a monthly rent of £780.00pcm. (Charges only apply to rents up to £2,500.00pcm).
*For all new customers, your Management charge will be inclusive of 3 months free cover, giving you complete peace of mind. Therefore, in Year 1, the cost of cover will be £224.10 including VAT (net £186.75), which equates to a monthly spend of £18.67 including VAT (net £15.56) across 12 months. (Charges only apply to rents up to £2,500.00pcm).
A big risk removed, by a small monthly cost!
| Lettings Fees | |
|---|---|
| Let Only: | 90% of First Months Rent inclusive VAT (net 75%) |
| Let with Management: | Upfront £450.00 inc VAT (net £375.00) Monthly Management Fee 12% (net 10%) |
| Guarantor Deed: | £60.00 (net £50.00) |
For all new customers, your management charge will be inclusive of 3 months free Rent & Legal Protection, giving you complete peace of mind.
Referencing Fees (RTR & Credit Checks) – Paid by the Landlord
| Managed & Let Only | |
|---|---|
| One Tenant: | £45.60 inc. VAT (net £38.00) |
| Two Tenants: | £84.00 inc. VAT (net £70.00) |
| Three Tenants: | £118.80 inc. VAT (net £99.00) |
| 4+ Tenants: | £180.00 inc. VAT (net £150.00) |
| Inventories/Checkouts | |
|---|---|
| Inventory & Schedule of Condition | Minimum £120 inc VAT (net £100.00) Prices may vary depending on Property size |
| Checkout Inspection & Report | Minimum £144 inc VAT (net £120.00) Prices may vary depending on Property size |
| Tenancy Deposit Scheme | |
|---|---|
| Security Deposit Registration | (Let Only) £120.00 inc. VAT (net £100.00) |
| Security Deposit Registration | (Managed Let) Set Up £18.00 (net £15.00) £3.60pcm (net £3.00) |
| Renewing Registration in Subsequent Years | (Let Only) £120.00 inc. VAT (net £100.00) |
| Tenancy Renewal | |
|---|---|
| Extending an Existing Tenancy Following Expiry of Fixed Term | Let Only £270.00 inc. VAT (net £225.00) |
| Managed £180.00 inc. VAT (net £150.00) |
| Keys | |
|---|---|
| Arranging Copies / Additional Keys, Fobs etc. | £30.00 inc. VAT (net £25.00) |
| Overseas Landlord Tax | |
|---|---|
| LL Failure to Apply for Approval Number from Inland Revenue & to compete HMRC quarterly return for a non-resident Landlords | £90.00 inc. VAT (per Quarter) (net £75.00) |
| Additional Charges | |
|---|---|
| Service of any Legal Notice under the Housing Act | Let Only £90.00 inc. VAT (net £75.00) |
| Managed £24.00 inc. VAT (20.00) | |
| Court / Bailiff Attendance (For Each Additional Hour) | £50.00 inc. VAT (net £41.67) |
| Visit to Property to Locate Meter or Access | £30.00 inc. VAT (net £25.00) |
| Dealing with disputes from non-ASTs (The Independent Case Examiner (ICE) may agree to resolve any disputes over the allocation of these Deposits by arrangement) |
£600.00 inc. VAT (net £500.00) |
| Caretaking of Empty Property at the Request of the Landlord | £30.00 per week inc. VAT (net £25.00) |
| Arranging and Supervising Major Building or Refurbishment Work. (Please note: John Shepherd employees are NOT qualified / trained Project Managers.) | 12% of total cost of the works inc. VAT (net 10%) |
*Please note that we are unable to accept payment from American Express Credit Cards
| Accounts | |
|---|---|
| Providing an Annual Statement for Tax Assessment BY POST OR EMAIL | £60.00 inc. VAT (net £50.00) |