Landlord Fees
All the following fees are inclusive of VAT at the current rate, unless otherwise stated.
All the following fees are inclusive of VAT at the current rate, unless otherwise stated.
Legal Requirements and Best Practice | |
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Electrical Safety Report (EICR): | £225.00 inc. VAT (net £187.50) |
Energy Performance Certificate: | £114.00 inc. VAT (net £95.00) |
Gas Safety Certificates: | £90.00 inc. VAT (net £75.00) |
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 £83.24) |
Lettings Fees | |
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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%) |
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.
For rents between £2,501.00pcm and £5,000.00pcm, it is available at a charge of £35.00 a month, inclusive of VAT (net £29.17). For rents between £5,001.00pcm and £7,500.00pcm, the charge is £55.00 inclusive of VAT (net £45.83) a month and for rents between £7,501.00pcm and £10,000.00, the charge will be £65.00 inclusive of VAT (net £54.17). By spending £358.80 including VAT (net £299.00) over the course of 12 months, you have a guaranteed rental income of £10,200.00, based on a monthly rent of £850.00pcm. (Calculation is based on the service cost of rents up to £2,500.00pcm). The cost of this service represents only 3.5% of annual income.
For all new customers, your Management charge will be inclusive of one month FREE cover, giving you complete peace of mind.
Therefore, in one year, the cost of cover equates to a monthly spend of £27.40 including VAT (net £22.83) across 12 months, due to the FREE service in one month, and represents only 3.2% of the annual income, based on a monthly rent of £850.00pcm. (Calculation is based on the service cost of rents up to £2,500.00pcm).
A big risk removed, by a small monthly cost!
*Rent and legal protection is not available for customers where the rental amount exceeds £10,000.00 per calendar month.
Managed & Let Only | |
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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 | |
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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 | |
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Security Deposit Registration | (Let Only) £120.00 inc. VAT (net £100.00) |
Security Deposit Registration | (Managed Let) Set Up £15.00 (net £15.00) £3.60pcm (net £15.00) |
Renewing Registration in Subsequent Years | (Let Only) £120.00 inc. VAT (net £100.00) |
Tenancy Renewal | |
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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) | |
Periodic addendum admin charge: £60.00 inc. VAT (net £50.00) |
Keys | |
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Arranging Copies / Additional Keys, Fobs etc. | £30.00 inc. VAT (net £25.00) |
Overseas Landlord Tax | |
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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 | |
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Service of any Legal Notice under the Housing Act | Let Only £270.00 inc. VAT (net £225.00) |
Managed £180.00 inc. VAT (£150.00) | |
Court / Bailiff Attendance (For Each Additional Hour) | £50.00 inc. VAT (net £41.67) |
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 | |
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Providing an Annual Statement for Tax Assessment BY POST OR EMAIL | £60.00 inc. VAT (net £50.00) |