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
Additional Fees
Our fees
What's included in Our fees: | Our fees |
|---|---|
Before tenancy | |
| Administration Fee (includes full referencing of all named tenants and guarantors) | £480 per tenancy |
| Administration Fee (no referencing conducted/disclaimers signed) | £450 per tenancy |
| Project arrangement fee | £300 per project plus 12% of overall cost |
| Refurbishment report and quotations | £132 per report |
| Renewal Administration Fee (covers the preparation and issuing of Tenancy Agreement) | £72 per extended term |
| Change of Sharer Administration Fee | £120 per occupant |
| Document preparation for TDS adjudication | £342 |
| TPS Deposit Registration Fee | £78 per tenancy term |
| Consultancy on request | £48 per hour, plus travel and other reasonable expenses and costs |
| Land Registry search | £7.20 per search of unable to provide proof of ownership |
During tenancy | |
| Annual income and expense statement | £66 per statement |
| Duplicate statement | £7.20 per statement |
| Miscellaneous letters for tax purposes | £30 per letter |
| Gas/Electrical safety test arrangement | £42 in addition to the contractor's invoice |
| Additional inspection requests | £48 per visit |
| Non Resident Landlord accounting | £81 per quarter for tax retention and completion of the documentation required by the Centre for Non Residents HMRC |
After tenancy | |
| Void period property management | £96 per month |
| Check in inventory and check out | £341 to £662 per tenancy (depending on property size) |
| Check in and check out (no inventory conducted) | £296 to £592 per tenancy (depending on property size) |
| Court hearing attendance | £66 per hour or £438 per day |
