Landlord Fees
When you choose to let your property with Lauristons it is important that you understand and are aware of the landlord fees for the services that we provide. As well as our offering of service levels (Fully Managed 20.4%, Rent Managed 13.2%, Tenant Introduction 13.2%) there are a range of additonal fees that you may incur for certain activities.
Please be aware that we may receive commission & referral fees from our panel of contractors
Fully Managed
Rent Managed
Tenant Introduction
What's included in Fully Managed: What's included in Rent Managed: What's included in Tenant Introduction: | Fully Managed | Rent Managed | Tenant Introduction |
|---|---|---|---|
| Service level fee (inc VAT) | 20.4% | 13.2% | 13.2% |
Before tenancy | |||
| Administration Fee (includes full referencing of all named tenants and guarantors) | £480 | £480 | £480 |
| Check in inventory and check out (depending on property size) | £341 to £662 | £341 to £662 | £341 to £662 |
| Check in and check out (no inventory conducted)(depending on property size) | £296 to £592 | £296 to £592 | £296 to £592 |
| Land Registry search (per search of unable to provide proof of ownership) | £7.20 | £7.20 | £7.20 |
| TPS Deposit registration fee (per tenancy term) | £78 | £78 | £78 |
During tenancy | |||
| Duplicate statement (per statement) | £7.20 | £7.20 | £7.20 |
| Additional inspection requests (per visit) | £48 | £48 | N/A |
| Gas/Electrical safety test fee (excludes contractor's invoice) | £42 | N/A | N/A |
| Annual income and expense statement (per statement) | £66 | £66 | £66 |
| Non Resident Landlord for tax retention and completion of the documentation required by the Centre for Non Residents HMRC | £81 per quarter | £81 per quarter | N/A |
| Miscellaneous letters for tax purposes (per letter) | £30 | £30 | £30 |
After tenancy/ad hoc | |||
| Renewal Administration Fee (covers the preparation and issuing of Tenancy Agreement) per extended term) | £72 | £72 | N/A |
| Change of sharer administration fee (per occupant) | £120 | £120 | £120 |
| Void period property management (per month) | £96 | £96 | N/A |
| Court hearing attendance | £66 per hour or £438 per day | N/A | N/A |
| Document preparation for TDS adjudication | £342 | N/A | N/A |
| Refurbishment report and quotations (per report) | £132 | £132 | £132 |
| Project arrangement fee | £300 per project plus 12% of overall cost | £300 per project plus 12% of overall cost | £300 per project plus 12% of overall cost |
| Consultancy on request | £48 per hour, plus travel and other reasonable expenses and costs | £48 per hour, plus travel and other reasonable expenses and costs | £48 per hour, plus travel and other reasonable expenses and costs |
