Landlord Fees

Book Valuation

Full Management

A Start-up fee of £360 (incl. vat) – * please see below for full details of what this fee covers.

Plus a management fee from the monthly rent received of:

For a monthly rent of up to £650pcm – 14.40% (incl. vat) of the rent or a minimum of £72 (incl. vat).
For a monthly rent of between £651pcm & £750pcm – 13.20% (incl. vat) of the rent.
For a monthly rent of between £751pcm & £850pcm – 12.00% (incl. vat) of the rent.
For a monthly rent of over £851pcm – please ring us for a personalised quotation.

Plus an inventory fee – £180 (incl. vat).

Non-standard fees Charged for optional services

2D Floor Plans used in marketing on all web portals – £30 (incl. vat).
3D Floor Plans used in marketing on all web portals – £40 (incl. vat).
Annual statements – Free of charge.
Duplicate statements – Free of charge.
Insurance claims handling – Free of charge with Belvoir recommended insurance.
Re-signing fee – £50 (incl. VAT) where the agent with the Landlord’s agreement arranges a renewal of the tenancy to an existing tenant.
Empty property visits – £25 (incl. VAT) per visit.

Professional hourly rate – £48 (incl. VAT) charged for specific services as stated in our terms of business.

Energy Performance Certificate – £50 (no VAT charged) if and when required.

Post tenancy charges

Tenant move out – £60 (incl. VAT) includes Inventory Check (including damage report) and notification of meter reads to all utility companies and the Council.

Alternative dispute resolution service – £60 (incl. VAT) only applicable if a tenancy bond dispute goes to the dispute process via the DPS. This covers the full cost of the collation and submission of all of the evidence required.

The Full Management Service includes:

On line marketing using Rightmove.co.uk – OnTheMarket.com – PrimeLocation.com – and our own website.
Carry out accompanied viewings.
Carry out stringent reference checking.
Obtain the Landlords agreement to let to the tenants selected.
Obtain all the relevant legally required ID & proof of address details from the tenants.
Provide an up-to-date Tenancy agreement that meets with all of the necessary legislation.
Manage the inventory process.
Manage the move-in process.
The Agent will visit the property at the end of the first month of the tenancy and once every six months thereafter.
Ensure the Landlord’s compliance with all statutory and contractual obligations.
Manage repairs to the property under Sections 11 to 16 of The Landlord and Tenant Act 1985 via appropriate communication with the landlord.
The Agent will take all reasonable steps to enforce the terms of the tenancy agreement on behalf of The Landlord.
The Agent will receive notices from The Tenant on behalf of The Landlord, advise The Landlord accordingly and take appropriate action.
The Agent will negotiate and agree the level of rent payable when the tenancy is renewed or a periodic tenancy arises and serve a Section 13 Notice if relevant.
If the tenancy is an Assured Shorthold Tenancy, upon The Landlord’s written request, The Agent will serve notice on The Landlord’s behalf, including Notice under section 21 of the Housing Act 1988, which is required to gain possession of a property let on an Assured Shorthold Tenancy when The Tenant is not in breach of the Tenancy.
The agent will carry out the check-out at the end of the tenancy and will notify all utility companies of the meter reads along with the council. The check-out will be carried out to check the condition of the property and gardens where appropriate to ensure that the property is returned back to the Landlord in the condition described in the inventory at the time of the move-in.

Tenant find only

Fee = £625 (incl. vat)

Payable for each letting where the tenant is introduced by The Agent. Payable on commencement of tenancy and deducted from the rent collected at the commencement of tenancy. On line marketing using Rightmove.co.uk – OnTheMarket.com – PrimeLocation.com – and our own website. Using our Tenancy Agreement, taking the deposit and lodging this in an approved scheme (the Landlords or ours).

Let only

Fee = £750 (incl. vat)

Payable for each letting to a tenant introduced by The Agent. Payable on commencement of tenancy and deducted from the rent collected at the commencement of tenancy. On line marketing using Rightmove.co.uk – OnTheMarket.com – PrimeLocation.com – and our own website. Using our Tenancy Agreement, taking the deposit and lodging this in an approved scheme (the Landlords or ours).

Completing the Inventory and statement of condition.

Referral fees and commissions

For all property maintenance we refer you to a recommended contractor. Should you decide to use our recommended contractor, we would receive a 6% commission incl. vat from the contractor.

Where we believe you may benefit from using ancillary services we ask your permission to refer you to the providers below. We receive a commission, payment, fee, or other reward or other benefit (known as a Referral Fee) from the providers for recommending their service to you. It is your decision whether you choose to deal with the providers we list below. You are not under any obligation to use the services of any of the recommended providers, though should you accept our recommendation the provider is expected to pay us the corresponding Referral Fee. The Referral fee is separate from your obligation to pay our own fees.

Insurance and referencing via Advent Solutions Management Ltd. Specialist wealth management and taxation advice from Franklyn Financial Management Ltd. Mortgage advice from Mortgage Advice Bureau.

Belvoir Doncaster is a member of The Property Ombudsman & Propertymark. Membership of these approved bodies offering peace of mind to both landlords and tenants.