House M8s - Professional House Shares
ARLA
 
Onthemarket.com
 
NALS approvedMember of The Property OmbudsmanRegistered as a SAFE agent

Landlord Fees & Charges

ALL FEES & CHARGES QUOTED ARE INCLUSIVE OF VAT

LETTING & MANAGEMENT SERVICES

Management Fee
15% of the monthly rent
Tenancy Fee
180.00
 
To include:
  • Marketing the property
  • Conducting accompanied viewings for the landlord
  • Contribution towards drawing up a tenancy agreement
Inventory/Schedule of Condition
See table below
 
Required under the Letting & Management Service

LETTING SERVICE & RENT COLLECTION

Tenant Find & Set-up Fee (6 mths)
90% of the 1st month's rent (min 400)
Tenant Find & Set-up Fee (12 mths)
10% of gross rent over term (min 400)
Rent Collection
3% of monthly rent
Inventory/Schedule of Condition
See below
 

INVENTORY/SCHEDULE OF CONDITION

Fees can be calculated from the tables below. Our inventories are professionally prepared and include a detailed description of the property and its contents to be used at the commencement of a tenancy to 'check in' the new tenant and the fee is inclusive of the 'check out' inspection at the end of the tenancy.

Inventory Unfurnished Furnished
Studio/1 Bed 95.00 120.00
2 Bed 130.00 150.00
3 Bed 150.00 180.00
4 Bed 170.00 210.00
5+ Bed 200.00 250.00

Inventory/Schedule of Condition updates for subsequent tenancies will be charged at the above rates less 50% - (subject to there being no major alterations to the property).

OTHER CHARGES

Renewal of tenancy

Managed
75.00
Tenant Find/Rent Collection
90.00
 

Deposit Registration
NIL
Processing of Insurance Claims
10% of claim total
Obtain Estimates & Supervision of Major Works/Repairs
10% of works over 500.00
Professionally produced 'virtual tour'
110.00
Professionally produced 'floor plan' - 2D or 3D
65.00
Energy Performance Certificate (EPC)
75.00
Gas Safety Certificate
78.50
Electrical & Portable Appliance Tests
On application
Redirection of Mail Overseas
Postage costs only
Key Cutting (total of 3 sets required)
Cost only
Vacant Property - regular visits
20.00 per visit
Landlords with a Property Portfolio
Reduced fee packages available for landlords letting 3 or more properties through David Grundy Lettings & Management.
Sale of the Property
If the property is sold to a tenant or any associated person during or within 6 months of the end of the tenancy, a fee of 1.5% of the sale price is payable.