Information regarding landlord fees in Sutton

Speak to us today to enquire about letting your property in Sutton and surrounding areas. We are experts in the area and offer a thorough managed service as well as let only at fantastic rates.We are completely transparent when it comes to our fees. They are fair, reasonable, competitive and great value.

Book Valuation

Level of Service Offered:

Let Only Service:

  • To visit the property and give initial rent appraisal.
  • Promotion and marketing of the property, via our website, property portals and window displays.
  • Finding and Screening of tenants.
  • Comprehensive referencing of tenants.
  • Preparation of Tenancy Agreement.
  • To arrange for the inventory and statement of condition of the property (if the Landlord requires).
  • To collect the 1st month’s rent and remit into Landlord’s bank account after deducting the fees for the service.
  • To notify the utility companies (except telephone providers) including the local authority.
  • To protect the deposit in the custodial Deposit Protection Scheme.

Letting & Rent Collection Service:

  • To visit the property and give initial rent appraisal.
  • Promotion and marketing of the property, via our website, property portals and window displays.
  • Finding and Screening of tenants.
  • Comprehensive referencing of tenants.
  • Preparation of Tenancy Agreement.
  • To arrange for the inventory and statement of condition of the property.
  • To notify the utility companies (except telephone providers) including the local authority.
  • To protect the deposit in the custodial Deposit Protection Scheme.
  • To collect monthly rent from the tenant and transfer to Landlord’s bank account after deduction of appropriate fees throughout the term of the tenancy.
  • In the event of the tenant going into rent arrears, to take necessary steps for tenant eviction in order to get the property vacated and find a new tenant.

Full Management (The Essential Service):

  • To visit the property and give initial rent appraisal.
  • Promotion and marketing of the property, via our website, property portals and window displays.
  • Finding and Screening of tenants.
  • Comprehensive referencing of tenants.
  • Preparation of Tenancy Agreement.
  • To arrange for the inventory and statement of condition of the property.
  • To notify the utility companies (except telephone providers) including the local authority.
  • To protect the deposit in the custodial Deposit Protection Scheme.
  • To collect monthly rent from the tenant and transfer to Landlord’s bank account after deduction of appropriate fees throughout the term of the tenancy.
  • Periodic property inspections carried out every 6 months and inspection report sent to landlord.
  • Manage property repairs and maintenance.
  • Manage insurance claims.
  • Arranging a new tenancy agreement and negotiate rent increases.
  • Full check service at the end of the tenancy agreement and deposit reconciliation.

What does our Rent Guarantee service cover?

  • Nil excess on claims made within the first 45 days: you’ll receive: you’ll receive 100% of the monthly rent until vacant possession, there is no cap on the number of months covered
  • Up to £100,000 legal expenses cover, including appeals and legal representation
  • Rent recovery
  • Property damage cover, for civil dispute expenses on damages over £1,000
  • 90% of rent after vacant possession for up to six weeks
  • Eviction of squatters and assistance with the costs involved
  • Contract dispute protection, covering costs in disputes of over £100
  • 90-day claim window, from the date of first missed rental payment
  • Auto renewal process, so you have continuous coverage

Property Set up Fee: (Irrespective of level of Service):

  • Agree the market rent and find a tenant in accordance with the landlord guidelines
  • Advise on refurbishment
  • Provide guidance on compliance with statutory provisions and letting consents
  • Carry out accompanied viewings (as appropriate)
  • Market the property and advertise on relevant portals
  • Erect board outside property in accordance with Town and Country Planning Act 1990
  • Advise on non-resident tax status and HMRC (if relevant)

 

Scale of Charges are at below

SERVICEFEE
Self-Managing Option – Let Only (A)Set-up fee of £360 plus 8% + VAT of the annual rent for the 1st year, then 4% + VAT of the annual rent from the 2nd year onwards until the same tenant is in the property payable for each letting where the tenant is introduced through the Agent.
Set Up and Monitor (The DIY Package) (B)

The Halfway House Between Self-Managing and Essentials Package the Semi DIY Option

Set-up fee of £300 plus 10% + VAT of the rent due per month, deducted from the rent as received on a monthly basis.

Set-up fee is a one-off charge each time the property is remarketed.

The Essential Service (C)

Standard Letting & Tenancy Management Service

Set-up fee of £240 plus 12% + VAT of the rent due per month, deducted from the rent as received on a monthly basis.

Set-up fee is a one-off charge each time the property is remarketed.

Tenant Referencing£50 + VAT per tenant/property
Guarantor Referencing£50 + VAT per tenant/property
Inventory + Check-inPrice as per Property Size
Inventory + Check-outPrice as per Property Size
Tenancy Agreement Renewal Fee£80 + VAT
Deposit Registration Administration Fee£40 + VAT per annum
Deposit Dispute Fee£100 + VAT
Statutory Declaration Fee£40 + VAT
Gas Safety Certificate£85 + VAT
Boiler Service£90 + VAT
Gas Safety Certificate & Boiler Service£135 + VAT
Gas Safety Certificate plus Smoke & CO Alarm Test & Record£90 + VAT
Legionella Risk Assessment£90 + VAT
EICRPrice as per Property Size
Annual Electrical Inspection & PAT Tests£110 + VAT
EPC£100 + VAT
Mid Term Inspections for Managed Properties£100 + VAT
Mid Term Inspections for Non-Managed Properties£150 + VAT
Serving Notices to Tenants£100 + VAT per notice (Applicable only to A & B Services)
Re-Service of Notices to Tenants£75 + VAT per notice (Applicable only to A & B Services)
Court Attendance£250 + VAT per visit
Bailiff Attendance£200 + VAT per visit
Rent Guarantee/Legal Protection£360 Annually
Submission of Rent Guarantee Claim£60 + VAT (Applicable only to A & B Services)
Cancellation of Management Admin FeeOne and half month’s rent plus VAT
Void Property Management£100 + VAT per calendar month plus £300 float
HMO Property Management14% + VAT of the rent due per month
Buy to Let Advisory Service£200 + VAT
Property Acquisition Service1.5% + VAT of Purchase Price
Landlord Withdrawal from OfferExpenses to a max of £300 + VAT dependent on case
Hourly Rate£60 + VAT per hour

 

Type of PropertyInventoryInventoryCheck InCheck In
FurnishedUnfurnishedFurnishedUnfurnished
Studio£110£90£100£80
1 Bedroom£115£100£110£90
2 Bedrooms£120£105£115£100
3 Bedrooms£130£115£125£110
4 Bedrooms£145£125£135£120
5 Bedrooms£160£135£145£130
6 Bedrooms£175£150£160£140

 

Belvoir Sutton’s Client Protection Insurance is covered by Propertymark (Propertymark SCHEME).

CMP Certificate

Client Money Protection 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.

  • Provide the address of the property to be valued.
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