Phoenix Property Management & Lettings NE
Landlord Fees Schedule
Levels of service offered:
50% of rent
10% of rent
Agree the rental value Provide guidance on compliance with statutory provisions and letting consents Advise on refurbishment requirements Market the property and advertise on relevant portals Erect board outside property in accordance with Town and Country Planning Act 1990 Carry out accompanied viewings Find tenants Provide tenants with method of payment Collect and remit initials months’ rent Deduct any pre-tenancy invoices Advise all relevant utility providers of any changes Agree collection of any shortfall and payment method Demand, collect and remit the monthly rent Arrange payments for statutory requirements Pursue non-payment of rent and provide advice on rent arrears actions Undertake 4 routine inspection visits per annum – subject to a 12 month minimum tenancy Arrange routine repairs and instruct approved contractors Security deposit negotiations Hold keys throughout the tenancy term
Landlord Fees Schedule
Additional Non-Optional Fees And Charges
Arranging and facilitating statutory compliance if not provided on instruction or undertaken by the landlord:
Energy Performance Certificate (EPC) £ 65.00
Gas Safety Certificate (GSR) £ 55.00
Electrical Installation Condition Report (EICR) £150.00
Portable Appliance Testing (PAT) Subject to quotation
Installing Smoke and Carbon Monoxide Alarms £ 50.00
Start Of Tenancy Fees
Set-up Fee: £150.00
Referencing for up to two tenants (ID Checks, Right to Rent check, financial credit checks, obtaining references from current or previous employers/landlords and any other relevant information to assess affordability), Guarantor referencing as well as contract negotiation (amending and agreeing to terms) and arranging the signing of the tenancy agreement. Deposit Registration (Register landlord and tenant details and protect the security deposit with a Government-authorised Scheme). Provide the tenant with the deposit certificate within 30 days of the tenancy start date. Inventory inspection.
Management Take-over Fee: £ 75.00
To cover the costs associated with taking over the management of an ongoing tenancy, ensuring all statutory compliance has been undertaken, confirming everything under ‘set-up fees’ above, receiving and protecting the security deposit, and providing all necessary legal documentation to the tenant.
Landlord Withdrawal fee (before move-in): £150.00
To cover the costs associated with the marketing, advertising, and tenancy set-up should the landlord withdraw from the tenancy before it has started.
Landlord withdrawal fee (during tenancy): £100.00
To cover the costs associated with advising the tenant on the change and the position of the security deposit, transferring the security deposit to the landlord or new agent, notifying all utility providers and local authority (where necessary), and returning all relevant documents held by the agent to the landlord.
Rent to rent Guarantee: Subject to quotation
Tennant Fees Schedule
New Assured Shorthold Tenancies
Holding Deposit One weeks rent.
This is to reserve a property. Please note this will be withheld if any relevant person (including any guarantor) withdraw from the tenancy, fail a Right to Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement within 15 calendar days.
Security Deposit Five weeks rent.
This covers damages or defaults on the part of the tenant during the tenancy.
Unpaid Rent Interest at 3% above the Bank of England Base Rate from the rent due date until paid in order to pursue non-payment of rent. Please note; this will not be levied until the rent is more than 14 days in arrears.
Lost Key £ 15.00
Tenants are liable to the cost of replacing any lost key. If the loss results in locks needing to be changed the actual cost of a locksmith, new lock and replacement keys for the tenant and landlord will be charged to the tenant.
Variation of Contract/Change of Sharer £ 75.00
To cover the costs associated with taking landlord’s instructions, new tenant referencing and Right to Rent Checks, deposit registration as well as the preparation of new legal document.
Should the tenant wish to leave their contract early, they shall be liable to the landlords costs in re-letting the property as well as all the rent due under the tenancy until the start date of the replacement tenancy. These fees will be no more than the maximum amount of the rent outstanding.