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OUR FEES

 

Gold Management Package which is 12% plus vat of the monthly rent plus a one off setup fee of 50% plus vat of the first months rent.

 

Our Gold Management Package includes the following additional services FREE

 

Annual gas certificates, Electrical certificates, EPC, Tenancy Renewals, Possession notices, Rent Appraisals/Rent increase notices and floorplans with property advert.

 

As part of our management service, we market the property via Rightmove, Zoopla, On the Market, Primelocation and our own website, we carry out pre-vetting of potential applicants, carry out viewings, find the right tenant for the property, collection of deposit and rent, full referencing and credit checks, drawing up all tenancy paperwork, a professional written and photographic inventory and schedule of condition, securing the deposit with the Deposit Protection Service, deposit disputes at the end of the tenancy, check in’s and check outs, quarterly inspections and carrying out any maintenance during the tenancy.

 

Silver Management Package is 10% plus vat of the monthly rent with a one off setup fee of 50% plus vat of the first months rent.

 

Silver Package includes the same level of service as the Gold but does not include the FREE additional services detailed in our Gold Package, although we are able to provide these services to the landlord at an additional cost.

 

Tenant find only Service (Let Only)

 

Our Let Only Service is 50% of the first month’s rent plus vat

 

We can offer an inventory & schedule of condition with this level of service at an additional charge. The charge varies on each property depending on size and furnishings so please enquire ahead.

 

The Let Only Service includes marketing the property via Rightmove, Zoopla, On the Market, Primelocation and our own website, carrying out pre-vetting of potential applicants, carrying out viewings, find the right tenant for the property, collection of deposit and 1st months’ rent, full referencing and credit checks, drawing up tenancy agreement and securing the deposit with the Deposit Protection Service (Other deposits schemes can be used if given advance notice).

Price Guide to service FlatHomes Property Services provide. Other services may be available on request.

 

 

Let Only Fee

Silver Management

Gold Management

Floorplans

 

£35

£20

Free

Gas Safety Certificate

 

n/a

£58

Free

Electrical Certificate

 

n/a

£100-£180 (property size dependant)

Free

Energy Performance Certificate

£60

£60

Free

Tenancy Agreement Renewal

£120

£60

Free

Change of Landlord

(Section 48)

£30

Free

Free

Rent Increase Notice

(Section 13)

n/a

£25

Free

Possessions Notices

(Section 21 or Section 8)

£78

£30

Free

Preparation of Court Possession Forms

£150

£50

Free

Attendance to Court Date (permission of court required)

£250

£100

£75

 

*All fees are subject to changed and should be confirmed before instruction. Prices are VAT inclusive.
(updated 31/03/2020)

 




Payment of Fees
FlatHomes will always aim to take any management fee's owed from the next rental payment due and any Let Only fees from the first months rent. However, it situations whereby the rent doesn't cover the full cost of fees owed payments can be made via BACs or by calling our office and paying via card payment over the phone (debit cards only, credit cards not accepted).

 

 

 

Some Important Terms

 

Where FlatHomes Property Services informs the Principal that he has located a prospective tenant who is willing to enter into a tenancy agreement and the Principal agrees to FlatHomes taking up references, and the Principal subsequently decides to cancel FlatHomes services or engage another agency or let the Property directly, FlatHomes shall be entitled to a fee of 50% plus VAT of the proposed rent for the proposed initial fixed period.

 

 

 

Where FlatHomes informs the Principal of the name of an interested party and that party subsequently enters into a lease of the property directly with the Principal, FlatHomes shall be entitled to a fee of 50% plus VAT of the proposed rent for the proposed initial fixed period.