Fees to Landlords
Jeremy Leaf & Co. is a member of ARLA Propertymark and the Royal Institution of Chartered Surveyors (RICS)
Client Money Protection is provided by the Royal Institution of Chartered Surveyors
Independent Redress is provided by The Property Ombudsman
LETTINGS FEES:
Let Only Service - 12% Including VAT
Fully Managed Service (includes Let Only Service & Rent Collection Service) - 16.8% Including VAT
Rent Collection (includes Let Only Service) - 14.4% Including VAT
Renewal Fee - 7.2% Including VAT
Management only - 7.2% Including VAT
Rent Collection only - 4% Including VAT
OUR LETTINGS SERVICE:
We provide the following three levels of property service – Let Only, Rent Collection & Full Management:
SERVICE | LET ONLY | RENT COLLECTION | FULL MANAGEMENT |
Full marketing of the property | ✔ | ✔ | ✔ |
Accompanying viewings | ✔ | ✔ | ✔ |
Tenant referencing | ✔ | ✔ | ✔ |
Preparing tenancy including legal documents | ✔ | ✔ | ✔ |
Collecting 1st month’s rent & deposit | ✔ | ✔ | ✔ |
Rent Guarantee available if needed* | ✔ | ✔ | ✔ |
Protection of deposit if applicable | ✔ | ✔ | ✔ |
Arrange inventory* | ✔ | ✔ | ✔ |
Dedicated rent review advisor | ✔ | ✔ | ✔ |
Monthly rent collection | ✔ | ✔ | |
Prompt payments to Landlord via PayProp (including provision of digital statement and remittance advice) | ✔ | ✔ | |
Proactive rent arrears management | ✔ | ✔ | |
Provision of an Income & Expense Report | ✔ | ✔ | |
Registering new tenant with utilities and council tax | ✔ | ||
Dealing promptly with any maintenance & repair issues | ✔ | ||
24 hour emergency telephone number for tenants | ✔ | ||
Dedicated property manager | ✔ | ||
Regular property inspections | ✔ | ||
Legal advice ensuring compliance | ✔ | ||
Preparing and serving of appropriate notices | ✔ | ||
Key holding service | ✔ | ||
Retaining non-resident landlord contributions (if required) and quarterly submission to HMRC | ✔ | ||
Organizing updating of legal safety certification when required (EPC, GSC, EICR etc.)* | ✔ | ||
Managing the check-out process | ✔ | ||
Attending court for possession hearings if required | ✔ | ||
Handling deposit disputes | ✔ |
*Additional charges are payable to supplier as per the quote provided by Jeremy Leaf & Co.
ADDITIONAL NON-OPTIONAL FEES AND CHARGES:
Renewal Fee - 7.2% Including VAT
A renewal fee is due if the tenant or anyone associated with the tenant continues to reside in the property after the original
tenancy term ceases. The fee is due irrespective of the level of service.
Legal Certificates, Inventory and Rent Guarantee:
Inventory and Electrical Installation Condition Report: Prices are dependent on the number of bedrooms and size of property. Price will be quoted upon request.
Gas Safety Certificate and Energy Performance Certificate: Price will be quoted upon request.
Rent Guarantee: Insurance Premium depends on monthly rent and price will be quoted upon request.
Deposit Registration Fees:
Protection of the Deposit under the Tenancy Deposit Scheme - £65 Including VAT
Arrangement Fee for refurbishment/works over £1,000 - 10% of net costs Including VAT
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Arranging access and assessing costs with contractors;
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Ensuring work has been carried out in accordance with the specification of works;
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Retaining any warranty or guarantee as a result of any works.
Abortive Tenancy - £350 Including VAT
If a proposed tenancy is withdrawn by the landlord after agreeing to proceed for any other reason than unsatisfactory references, the landlord agrees to pay this fee as a contribution towards administrative & marketing costs.
Fees are quoted as a % of the annual rent.
Get in touch
You are always welcome at our branch where our property experts will be happy to help you with any property enquiries