Landlord Fees in Abbey Wood, London, Thamesmead, Northumberland Heath, Kent

Our Service Options

What’s included	Introduction Only Service One month’s rent plus VAT Subject to a minimum fee of £900.00 +VAT	Rent Collection service Flat fee of £995.00 plus VAT & 7.5% + VAT (9% incl VAT) Monthly	Fully Managed Service Flat fee of £995.00 plus VAT & 12.5% + VAT (15% incl VAT) monthly
Agree market rent and find a tenant in accordance with the landlord guidelines
Advise on works required/refurbishments
Carry out accompanied viewings (as appropriate)
Market the property and advertise on relevant portals
Erect a board outside property in accordance with Town and Country Planning Act 1990
Advise on non-resident tax status and HMRC (if relevant)
The 1st Tenancy Agreement is included
Collect and remit initial month’s rent received
Collect deposit and pass to Landlord to register
Provide the tenant with payment methods
Deduct any pre-tenancy invoices
The 1st rent guarantee policy is included
The inventory is included
Deduct commission
Agree collection of any shortfall
The check out is included
Pursue non-payment of rent and provide advice on rent arrears action
Notify relevant council of change of tenancy
Registration of the Tenants deposit with the Tenancy Deposit Scheme
Undertake periodic visits and notify the Landlord of the outcome
Arrange routine repairs and instruct approved contractors
Hold management keys for the duration of the tenancy (if provided by Landlord)

Detailed below are the renewal costs and charges for any other services we provide

Service	Cost
Annual Deposit Registration Fee (applicable to Rent Collection & Introduction Only Landlords) Includes: • Registering Landlord & tenant details and protection the security deposit with the TDS. • Provide the tenant(s) with the Deposit Certificate and Prescribed information within 30 days of start of tenancy.	£108 (incl. vat)
Rent Increase Negotiations & Issue of Section 13 (all services) Includes: • Annual review of the rent in accordance with current market conditions and advise the Landlord • Sending of Section 13 notice to tenant	£150.00 (incl. vat)
Renewal of Rent Protection Policy (Rent Collection & Fully Managed Landlords) Includes: • Checking on arrears status – the policy can’t be renewed if tenant is in rent arrears • Contact policy supplier to confirm cancellation or renewal of the policy • Settle payment from the rental income	£384.00 (incl.vat)
Gas Safety Test: Arrangement of Test and issue of each pass or fail certificate (cost does not include any remedial works)	£114.00 (incl. vat)
Gas Safety Test and Boiler Service: Arrangement of Test and issue of each pass or fail certificate & service of boiler (cost does not include any remedial works)	£180.00 (incl. vat)
EPC Report: Arrangement of EPC Report and issue certificate to Landlord and Tenant.	£126 (incl. vat)
Electrical Test: Arrangement of Full electrical test pass or fail with report (cost does not include any remedial works).	£234.00 (incl.vat)
PAT Certificate (portable appliance test) Arrangement of portable appliances left by Landlord for tenants use (cost does not include any remedial works).	£114.00 (incl. vat)
Fitment of Fire Blanket in Kitchen Supply & fitment of fire blanket to kitchen wall	£108.00 (incl. vat)
Deliver Selective Licence to Property Includes: • Lamination of the selective licence & attach to wall/door at Property • Take photo of licence in place and ask Tenant to sign declaration	£36.00 (incl. vat)
Smoke alarms & CO Alarms Includes: Arrangement of supply and fitment as per legal requirements	£114.00 (incl. vat) for 1, £180.00 (incl. vat) for 2
Section 8 Notice Service Includes: Preparation and issue of document as per the Terms of the Tenancy Agreement	£180.00 (incl. vat)
Court Attendance (offered to Fully Managed Landlords with Able Rent Protection policy only) Includes: • Attending court on Landlords behalf • Giving evidence to support claim being made	£360.00 (incl. vat) per hearing
Meeting Bailiffs (offered to Fully Managed Landlords with Able’s Rent Protection policy only) Includes • Accompaniment of Bailiffs to take possession of the property • Arrange locksmith to attend at the same time (additional cost for lock change will apply) • Provide report with findings once possession has been gained/list a schedule of works required.	£240.00 (incl. vat)

TDS (Tenancy Deposit Scheme) Claims
We will do our best to facilitate an agreement being reached a Landlord and Tenant regarding any deposit release however, if this appears not possible Landlord and/or Tenant will need to raise the claim with the TDS direct. We can supply any support documentation from the file upon request. Any decision made by the TDS is final and binding for both parties.

Selling to a Tenant
If the Landlord sells the property to the tenant a fee of 1% plus vat of the sale price is chargeable subject to a minimum of £3000.00 (incl. vat))

Repair Handling Charge/Supervision Fee
Any expenditure of £750 will have an administration fee of £75+vat applied when job is complete.
Any expenditure of £4000 will have an administration fee of £150+vat applied when job is complete
Includes:
• Arranging access & assessing costs with contractor
• Ensuring work is carried out in accordance with the specification
• Retaining warranty or guarantee, following completion

Severance of Management Service
3 month notice is required from the end of the current tenancy end date.
The service can be reduced from a Managed Service to a Rent Collection or an Introduction Only Service with fee payable equal to:

Three weeks rent +vat from Management to Rent Collection Service
One month's rent +vat from Management to Introduction Only Service
Three weeks rent +vat from Rent Collection to Introduction Only Service

Other Charges	Cost
Key Cutting Any additional keys that require cutting for tenants	£12.00 (incl. vat) per key
End of Tenancy Check Out (included for landlords on fully managed service only)	£144.00 (incl. vat)
Check in New Tenancy (included for landlord on fully managed service only)	£144.00 (incl. vat)
Renewal of Homelet Rent Recovery Policy Includes : Updating policy following any rent increase 12 month annual policy	£384.00 (incl. vat)
Renewal of Company Let Tenancy Agreement	£240.00 (incl.vat)
Issue Notice to Quit (company lets)	£120.00 (incl. vat)
HMRC Tax Submissions Includes: Administration of compiling information Submission of Overseas Tax Quarterly reports Submission of Yearly income reports	£12.00 (incl. vat) per property annually every April

Inventory costs for Unfurnished Properties (for introduction only Landlords)	Cost
Studio	£168.00 (incl. vat)
1 bed flat	£180.00 (incl. vat)
1 bed house	£210.00 (incl. vat)
2 bed flat	£222.00 (incl. vat)
2 bed house	£264.00 (incl. vat)
3 bed house	£288.00 (incl. vat)
4 bed house	£306.00 (incl. vat)
5 bed house	£354.00 (incl. vat)

Inventories for fully furnished properties are more expensive due to the amount of items/furniture that may need to be listed. Please refer to the above list as a starting point depending on the size of the property. Able Estates Ltd will confirm a costing BEFORE any new tenancy commences.