Fees relating to Fully Managed Properties |
Charges (incl. vat) |
Explanation |
Monthly Property Management Fees |
14.4% of rent (12% plus vat) |
Subject to a minimum fee of £60.00 |
Initial Managed set up charge (including marketing & tenant find fee) |
60% of one months’ rent
(50% plus vat)
|
Subject to a minimum of £420.00 |
Fees Relating to Tenant Find Only Properties |
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Let Only Fee (including marketing & tenant find fee) |
90% of one months’ rent
(75% plus vat)
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Subject to minimum fee of £420.00 |
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Rent Collection Services
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Monthly Rent Collection fee |
6% of rent (5% plus vat) |
Subject to minimum fee of £40.00 |
Refurbishments & Project Management |
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Supervision & Project Management Fee for property refurbishments |
12% of total cost of project
(10% plus vat)
|
Subject to minimum fee of £300.00 |
Additional Services |
Charges (incl. vat) |
Explanation |
Reference Processing Fee |
£90.00 per tenancy |
To submit and process reference applications where applicable. |
Tenancy Preparation Fee |
£90.00 per tenancy |
Administration Fee for preparing and sanctioning lease documentation. |
Inventory Check Fee |
£60.00 (per tenancy) |
To check in new tenants, review Inventory & Schedule of Condition report for tenant signature/approval. |
Electrical Installation Condition Report (EICR) |
£234.00 |
Required every five years |
Energy Performance Certificate (EPC) |
£126.00 |
Required every ten years |
Preparation of Inventory |
£126.00 |
Commissioned Schedule & Condition Report |
Legionella Risk Assessment |
£120.00 |
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Deposit Registration |
£84.00 |
Payable where we do not manage the property |
Lease Renewal Fee |
£90.00 |
Managed Property |
Rent Review including serving statutory notice (Section 13) |
£90.00 |
Submission of Notice to tenants (managed property) |
Lease Renewal & Rent Review incl. serving statutory notice (Section 13) |
£120.00 |
Submission of Notice to tenants (managed property) |
Preparation of our Standard Tenancy Agreement |
£120.00 |
Non Managed Properties |
Serving of Notices |
£120.00 |
Non Managed Properties |
Supervisory fee for repair & maintenance works over the value of £250 |
9% (7.5% plus vat) |
On Managed properties where Chilterns obtain quotations and oversee repair works |
Administration fee for tax retention & transfer to Inland Revenue where Landlord is not UK resident |
£60.00 quarterly |
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Property visits during void periods if required |
£24.00 |
Per visit |
Checking and making alterations to our standard tenancy agreement (hourly rate) |
£36.00 |
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Preparation of documentation for County Court proceedings |
£180.00 |
Minimum Charge - may vary |
Attendance at court or tribunal (Starting hourly rate) |
£48.00 |
Fees will vary and travel/reasonable expenses added. |
Production of annual duplicate statements (x12) |
£60.00 |
Or £12.00 per statement |
Preparation of evidence and documentation for TDS (Tenancy Deposit Service) adjudication. |
£300.00 |
Managed properties only. This service is not available where we do not manage the property. |
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*All prices quoted include vat @20%
unless otherwise stated
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