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Landlord Fees

Property letting fees

With over over 12 years experience in the industry, we believe we have authority within the areas we work in. We pride ourselves on client service and transparency, so we’re happy to tell you all our lettings fees upfront. Still considering whether we’re right for you? Just give us a call on 0207 078 0077 and we can answer any questions about which items apply to your specific situation. 

All our fees are calculated as a percentage of the gross rental income.

 

Letting service - 12% Includes VAT at 20% (10% + VAT)
Renewal of lease beyond the original term – 9.6%  Includes VAT at 20% (8% + VAT)
Professional photos and a floor plan  
Promote property on the Capital Heights website  
List property on the major property portals  
Source tenants  
Negotiate with tenants on your behalf  
Reference checks of potential tenants by a specialist third party  
Conduct a Right to Rent check  
Collect deposit and first month’s rent  
Place deposit in a registered deposit protection scheme  
Provide tenant with welcome kit including direct debit forms  
Draw up tenancy agreement  
Inform the local authority of change of tenant for council tax purposes  
NB the letting fee is collected in full at the start of the tenancy  

 

Rent collection service – 14.4%  Includes VAT at 20% (12% + VAT)
Renewal beyond the original term – 12%  Includes VAT at 20% (10% + VAT)

Includes all the letting service inclusions plus:

  • Collect your rent from tenants for the duration of the tenancy
  • Provide a statement of account every month
  • Pursue tenants regarding late and non-payment of rent
  • NB the fee is apportioned over the first three months of the tenancy
  

 

Full property management – 18% Includes VAT at 20% (15% + VAT)
Renewal beyond the original term – 16.8% Includes VAT at 20% (14% + VAT)

Includes the complete letting and rent collection service inclusions, plus:

  • Be the first point of call for the tenants and landlord if anything goes wrong during the tenancy
  • Hold keys throughout the tenancy
  • Provide an inventory at check-in and check-out
  • Energy Performance Certificate (EPC) if required
  • Gas Safety certificate if required
  • Liaise with tenants to arrange access for any inspections and/or contractors
  • Arrange for contractors to provide quotes and carry out works if necessary
  • Pay authorised contractor invoices, deducting from the rent payable
  • Provide insurance that covers rent protection, legal expenses and eviction processes if needed. This covers up to £50,000 of rent should the tenant default and up to £100,000 legal expenses
  • Manage the eviction process if required
  • Free access to specialist advice and support through a legal helpline
  

 

Specialised services (Include VAT at 20%)  
Tenancy agreement fee £114
Legally-compliant deposit protection no charge
Energy Performance Certificate (EPC) £102
Gas Safety certificate £114
Property inspections £60 per visit
Safety check under the electrical equipment safety regulations £78

 

Inventory check-in / check-out (Include VAT at 20%)  
Studio £228
1 bedroom £252
2 bedroom £282
3 bedroom £300
4 bedroom £480
5 bedroom £600

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