SERVICE FEE
SELF-MANAGING OPTION – LET ONLY (A) 100% inc VAT (83.33%+VAT) of the first month’s rent subject to minimum of £650 inc VAT (£541.67+VAT)
SET UP AND MONITOR (THE DIY PACKAGE) (B) THE HALFWAY HOUSE BETWEEN SELF MANAGING AND ESSENTIALS PACKAGE THE SEMI DIY OPTION 90% inc VAT (75%+VAT) of first month’s rent – minimum £550.00 inc VAT (£458.33+VAT) Plus 12% inc VAT (10%+VAT) of gross monthly rent payable throughout tenancy
THE ESSENTIALS SERVICE (C) Standard Letting & Tenancy Management Service 90% inc VAT (75%+VAT) of first month’s rent – minimum £550.00 inc VAT (£458.33+VAT) plus 17% inc VAT (14.16%+VAT) of gross monthly rent payable throughout tenancy
THE VIP- FULLY INFORMED PACKAGE ALSO INCORPORATING HMO MANAGEMENT /LHA & OVERSEAS LLDS 90% inc VAT (75%+VAT) of first month’s rent – minimum £550.00 inc VAT (£458.33+VAT) Plus 20% inc VAT (16.66%+VAT) of gross monthly rent payable throughout tenancy
Overseas Landlords (inc if VIP level) LHA/UC Tenancy Management (inc if VIP) HMO Property Management (inc if VIP) 4% +vat (4.8% including VAT) of the overall rent payable per month 4% +vat (4.8% including VAT) of the overall rent payable per month 4% +vat (4.8% including VAT) of the overall rent payable per month
Rent Guarantee/Legal Protection Is payable monthly at £36.00 Inc Vat (£30.00+Vat)
Submission of Rent Guarantee Claim £60 including Vat (£50+VAT)
Cancellation of Management Admin Fee One and half month’s rent plus VAT
Buy to Let Advisory Service £300 inc VAT (£250.00+VAT)
Property Acquisition Service 2.4 % inc VAT (2%+VAT) of purchase price
Empty Property Management £120.00 inc VAT (£100.00+VAT) per calendar month plus £300.00 float
Own Tenancy Agreement £114.00 inc VAT (£95.00+VAT)
Memorandum of Renewal Agreement £200.00 inc VAT (£166.67+VAT)
Inventory From £200.00 inc VAT (£166.67+VAT)
Inventory (HMO) From £96.00 inc VAT (£80.00+VAT)
Check Out Inspection From £200 inc VAT (£166.67+VAT)
Court Attendance £600.00 Inc VAT (£500.00 +VAT)
Bailiff Attendance £300.00 Inc VAT (£250.00+VAT)
Property Visits for Managed Properties £180.00 inc VAT (£150+VAT)
Property Visits Non-Managed Properties £220.00 inc VAT (£183.34+VAT)
Safety Checks Inspections Separate By Invoice from Contractor
Smoke Alarm/Carbon Monoxide Detector By Invoice from Contractor
Works Supervision – Own Contractor 12% inc VAT (10%+VAT) of works costs
Works Supervision – over £300 (our Contractor) 12% inc VAT (10%+VAT) of works costs
Serving Notices £200.00 inc VAT (£166.67+VAT) per notice (applicable only to A&B services)
Re-service of Notices £200.00 inc VAT (£166.67+VAT)
Tenancy Surrender Agreement £300 inc VAT (£250+VAT)
Energy Performance Certificate £120.00 inc VAT (£100+VAT)
Deposit Registration Administration Fee £60.00 inc VAT (£50.00+VAT) per annum
Deposit Dispute Fee £240 including vat (£200+VAT)
Statutory Declaration Fee £100 inc VAT (£83.34+VAT)
Key Cutting £12.00 inc VAT (£10.00+VAT) per key
Landlord Withdrawal from Offer Expenses to a max of £450.00 inc VAT (£375.00+VAT) dependent on case
Hourly Rate £60.00 inclusive of VAT per hour (£50+VAT) (non senior staff member) £150.00 inclusive of VAT (£125+VAT) (manager) £300.00 inclusive of VAT (£250+VAT) (director)
Arranging Safety Checks £36.00 inc VAT (£30.00 +VAT)
Arranging Safety Tenancy Clean £36.00 inc VAT (£30.00 +VAT)
Matterport Virtual Tour (Virtual viewing solution for when a property occupied) £150 inc VAT (£125+VAT)
Annual Accounts for accountant or SA Return Free download via Payprop App. otherwise subject to hourly rate to collate and publish
Tax retention and payment to HMRC for a non-resident Landlord not registered with HMRC NRL Scheme. £200 inc VAT (£166.67+VAT) per Quarter
Sales Commission (if a Tenant purchases the property) 1.20% inc VAT (1.00%+VAT) of Gross Purchase Price

Schedule 1 Commission Fees and Charges

Management Type

1.    Letting Only Service - 8% including VAT of gross rental for the term of the tenancy

2.    Rent Demand Service - 10% including VAT

3.    Property Management Service - 12% including VAT

4.    HMO Management Service - 12% including VAT

There is a minimum fee of £720 including VAT for all the above Services or the percentage of the fee for each Service being the equivalent of six months’ commission whichever is the greater even if not negotiated by Charles Orlebar Estate Agents

 

New Tenants and Check In

5.    Stage 1 - Tenant Referencing and application - £235 including VAT

6.    Stage 2 – Build tenancy documentation and audit compliance - £360 including VAT

7.    Preparation of an Inventory and Final Inspection by an inventory clerk - Per Report - Minimum charge £100 for two hours, thereafter £50 per hour, including VAT 

8.    Withdrawal from an Agreed offer - 50% of one months rent value including VAT

9.    Registration for the Tenancy Deposit Scheme - £36 including VAT

 

Extentions and General

10.    Preparation of an Extension Agreement for the tenancy; - £180 including VAT

11.    Consultancy for the following:

  •   Additional visits to a Property if we are managing
  •    Waiting time at the Property
  •     Having extra keys cut:
  •     Arranging cleaning prior to the start of a tenancy if not managing;
  •     Arranging safety checks;
  •     Installation of smake or carbon monoide detectors
  •     Obtaining consent from a lender or a superior landlord

For each: £36 including VAT
plus mileage if relevant at £0.45 pence per mile;

12.    Visits during a void period for each visit (one every 2 weeks); - £30 including VAT

13.    Arrangement fee for MAINTENANCE WORKS over £300
Arranging access & assessing costs with contractor.  Ensuring work has been carried out in accordance with the specification of works.  Retaining any warranty or guarantee because of any works. - 12% including VAT of the works cost

14.    Tax retention for a non-resident landlord per quarter - £50 including VAT

15.    Preparation of documentation for Court proceedings or TDS adjudication: - £50 including VAT per hour.

16.    Attendance by Charles Orlebar Estate Agents at Court or a tribunal on behalf of the Landlord:  - £85 including VAT per hour plus reasonable costs and expenses of Charles Orlebar Estate Agents

17.    Hardcopy statements provided to the Landlord or his accountant for the statements covering all or part of the tax year – this info is avaible on line for landlord to download directly for free. - £12 including VAT per year printed

18.    Photocoing of documents – regardless of number - £12 including VAT

19.    Sales Commission if Tenant purchases the property - 1.20% inclusive VAT of the gross purchase price

20.    Cost of specialist advertising or brochures: - Details upon request but subject to additional charges.

21.    Tenancy surrender deed and process - £300 including VAT

22.    Obtaining additional contractor quotes if requested (beyond two in hand) - £12 including VAT per quote

 

CONTACT US

Rushden | 01933 313600
rushden@charlesorlebar.co.uk

Associated Park Lane Office | 0203 3688173

ABOUT US

We are a local and knowledgeable estate agency firm in Northamptonshire and North Bedfordshire with offices in Rushden and London. We are enthusiastic, proactive and very trustworthy.

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Charles Orlebar Estate Agents. Registered in England.  Company No: 4707738.  Registered Office Address: 23, Cottingham Way, Thrapston, Northamptonshire, NN14 4PL. 
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