Correct as of February 2022

Letting Set-up Fees

The fee due on letting the property

Guaranteed Income60% of a month's rent plus VATRenewal Tenancy45% of a month's rent plus VAT
Fully Managed75% of a month's rent plus VATTenant Swap£110 plus VAT (£132)
Let-Only/Tenant-Find100% of a month's rent plus VAT

Monthly Fees

Management fee8% to 12% plus VAT of rent collected.

Inventory Fees

Payable per property. This covers the cost of an inventory clerk visiting the property.

No. of BedsEx. VATInc. VATNo. of BedsEx. VATInc. VAT
Studio/1 bed/2 bed£119£142.805 bed£169£202.80
3 bed£129£154.806 bed£199£238.80
4 bed£159£190.80

Other Fees

Deposit registration - The charge for registering a security deposit taken from the tenant with the Tenancy Deposit Scheme.£30£36
Deposit referral - The charge for preparing documentation for The Dispute Service where the tenant or landlord has referred a claim to them.£40£48
Landlord monthly statement - this is a charge for paper copies to be sent monthly, however, is charged on a quarterly basis.£7.50 per quarter£9 per quarter
Proof of ownership check - this is chargeable if we need to verify you as the legal homeowner of the property you are renting.£20£24
‘Section 13’ notice - this is a notice issued to tenants during a periodic tenancy to increase the rent.£69£82.80
Valuation letter to mortgage company - this is on a request basis if you need it for a mortgage application or remortgage.£50£60
Additional non-standard property visits - this could include, but is not limited to, ad-hoc HMO and Council inspections or other visits of this nature.£50£60
Court attendance - chargeable if you request us to accompany you to court.£250 per visit£300 per visit
EPC - this is a mandatory certificate for all properties. We are not legally able to advertise your property without this.£109N/A
Gas safety certificate - this is a mandatory certificate for all properties with a gas supply. There must legally be a valid gas safety in place when the tenancy begins.£60N/A
HMO application charges - chargeable if you require us to fill out your HMO forms and liaise with the council on your behalf, this includes gathering all certification and attending the HMO appointments.
First Time Application Charge£199£238.80
HMO Renewal Charge£149£178.80
Terminating agreement - charged if the agreement is terminated midterm.£299£358.80

How do we ensure our landlords are protected?

We are a registered member of the Safe Agent Client Money Protection Scheme. This is a client money protection scheme to ensure your money is handled in the correct manner. Download a copy of our Safe Agent Client Money Protection Certificate here.

You can download a copy of our Safe Agent Membership Certificate here and our Rent Smart Wales license here.

Landlord Terms of Business

For our current Terms of Business, please download the following PDF Landlord - Terms of Business Nov 2021.pdf