Information regarding landlord fees in Coventry Central

Book Valuation

Fully Managed Service

Starting From 10% +VAT (12% including VAT)

  • Collect and remit the monthly rent received
  • Pursue non- payment of rent and provide advice on rent arrears action
  • Deduct commission and other works
  • Advise relevant utility providers of change
  • Undertake quarterly inspection visits and update the landlord
  • Arrange routine repairs and instruct approved contractors
  • Hold Keys throughout tenancy term
  • Make relevant HMRC deduction and provide NRL8 (if relevant)
  • Reference tenants
  • Provide inventory via iPad
  • Take and register deposit

Let Only Service £550 including VAT

  • Collect and remit initial months rent received
  • Deduct any pre tenancy invoices
  • Advise relevant utility providers of change
  • Hold keys throughout tenancy term
  • Make relevant HMRC deduction and provide NRL8 (if relevant)
  • Reference tenants
  • Provide inventory via ipad
  • Take and register deposit

Addition Fees and Charges

  • Set Up Fee £275.00 (inc VAT) for Managed services
  • Admin involved in the Tenancy £60.00 (inc VAT)
  • Deposit Protection legislation £55.00 (inc VAT)
  • Duplicate Statements £30.00 (inc VAT) per copy provided
  • Professional hourly rate £75.00 (inc VAT) per hour
  • Tenancy Renewal Fee £100.00 (inc VAT) for fully managed
  • Tenancy Renewal Fee £150.00 (inc VAT) for let-only
  • Section Notices (Excluding Section 21 and 8) £90.00 (inc VAT)
  • Section 21’s and 8 Notices £150.00 (inc VAT)
  • Legionnaires Assessment £50.00 (inc VAT)

Inventory Fee And Post Checkout Fee:

This is dependant on the property size and is as follows:

Unfurnished Properties-

• 1 or 2 bedrooms £100.00 (inc VAT)
• 3 or 4 bedrooms £150.00 (inc VAT)
• 5 or more bedrooms £200.00 (inc VAT)

Part/ Fully Furnished Properties-

• 1 or 2 bedrooms £150.00 (inc VAT)
• 3 or 4 bedrooms £175.00 (inc VAT)
• 5 or more bedrooms £225.00 (inc VAT)

Deposit Dispute Service:

This service will be charged at our professionally hourly rate of £75 Inclusive Of VAT

Arrangement Fee For Maintenance Works

This fee is based on the value of the works to be completed. It is the value plus 15% plus VAT, example, works invoice is £100. The landlord will pay £100 + 15%= £115 +VAT making the total £138.00

Cancellation

Where Full Management service is cancelled during the tenancy (including any extensions) a fee of 1 months rent plus VAT will continue to be payable along with 3 months notice period.

We are able to tailor make packages that suit your personal requirements, please ask in store for more information.

The information supplied above is correct as of 1st January 2024.

CMP Certificate

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Arrange a free market appraisal

If you’re a landlord, looking to let or you’re just interested in how much your property might be worth, the best way to get an accurate and detailed understanding is through a free one-to-one appraisal with one of our experienced local agents. Request an appraisal with us using the form below.

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