Landlord Charges (inclusive of VAT)
Standard Agency Fees
| Standard Management: | 18% (inc vat) of rent for tenancy term (15%+vat) |
| Let and Rent Collect: | 14.4% (inc vat) of rent for tenancy term (12%+vat) |
| Let Only: | 12% (inc vat) of rent due for a 12 month term of the tenancy (10%+vat) |
Other Charges
| Tenancy Agreement Fee / Renewal Fee | £150 |
| Renewal Fee for Periodic Tenancies | £36 |
| Renewal Fee for Let Only Service | To be negotiated |
| Registration of Damages Deposit with TDS | £24 |
| Involvement in non-managed property deposit disputes | £180 |
| Admin fee for dispute submission to arbitration | £60 |
| Documentation preparation for arbitration | £60 |
| For time spent in consultation with a solicitor or if we have to attend court on your behalf as a witness | £120 |
| Minimum Fee (in case of early termination or cancellation) | £600 |
| Payment to the Inland Revenue where Landlords have not obtained approval for rent to be paid gross | £30/quarter |
| Preparing the inventory + check in | Dependent upon size of property |
| Arrangement of EPC, Gas Safety Certificate, Cleaning, smoke alarms, CMD or other repairs/maintenance for non-managed properties | £24 per item arranged + contractor’s cost |
| Chasing of late fees (Lettings, Admin, Renewal) | £24 per communication after 1st notification |
| Management reserve | £300 |
| Redirection of mail overseas | Cost of postage |
| Duplication & testing of extra keys (4 sets needed for managed, 2 for let only and rent collect) |
£18 + Cost of cutting |
| Hourly rate for any additional works conducted by the Agent on behalf of the Landlord | £60/hour |
| Vacant property visits | By negotiation |
| Project & design management for refurbishments | 10% of works entailed (£600 minimum charge) |
Unnecessary contractor call outs will be charged to tenants as per call out invoice
Hardings are members of the Property Ombudsman (TPO) redress scheme and subscribe to the Code of Practice for Lettings Agents.
Hardings are members of the Association of Residential Lettings Agents (ARLA). Client money protection (CMP) provided by ARLA.
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