Upfront Set Up Fee 

£495

 

Referencing Fee

> £50 Per additional tenant 

(2 tenants included)

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Guarantor Referencing Fee

> £50 

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Arrangement of Inventory Fee

> £50 plus the inventory schedule charge

 

*Cost of inventory compilation and check in will be borne by the landlord and cost will be directly invoiced to the landlord from whichever inventory company has produced the report and attended check in. This will vary according to the contents and size of the property.

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Arrangement of Check Out Agreement

> £50 in addition to the inventory charge

 

*Cost of inventory schedule and check out will be borne by the landlord and cost will be directly invoiced to the landlord from whichever inventory company has produced the report and attended check out. Charge applicable to AST’s only.

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Permitted Occupant Fee

> £25 Per occupant aged 18 or over

Each occupant over 18 must have the legal right to rent in the UK. Charge applicable to AST's only

 

Tenancy Agreement Fee

INCLUDED IN ALL SERVICE LEVELS

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Deposit Registration Fee

INCLUDED IN ALL SERVICES LEVELS

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Transfer of Deposit Charge

INCLUDED IN ALL SERVICES LEVELS

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Fully Managed Renewal Fee

> 20% of the total rent amount

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Lettings Service Renewal Fee

> 14%  of the total rent amount

At renewal point, the rent will be reviewed in accordance to the market conditions and the landlord will be advised on the appropriate rent level. The rent will then be negotiated between both parties and the renewal agreed with continuation of ongoing rent collection service, account reconciliation.

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Non-Resident Landlords

> £500 on an annual basis

Produce financial return to HMRC on a quarterly basis and act on any query regarding the return on the landlords behalf to HMRC. Process HMRC deductions and provide if relevant as NRL6 if applicable

 

Non-managed Additonal Costs

> Arranging of EPC: £125

This cost includes the EPC certificate.

> Arrangement of Gas safety record: £100  Contractors invoice is chargeable additionally

> Arrangement of Portable appliance test: £50 plus vat (£60 inc VAT). Contractors invoice is chargeable additionally

> Arrangement for smoke and carbon monoxide alarms: £50

Contractors invoice is chargeable additionally

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For our non-managed clients, we are able to take care of the below items at an additional cost. The landlord will be liable for any contractor invoices where we have been asked to arrange on your behalf.

 

AdHoc Property Visits Cost

Where Invisions Property are not providing a management service we will charge a fee of £300.00 per hour or part thereof, subject to a minimum charge of £600.00 to liaise between you and the tenant to negotiate the deductions prior to the release of the deposit, to arrange the deposit release and for us to prepare a submission to The Dispute Service on your behalf in the event of a deposit dispute. Please note that referral to arbitration will incur a separate charge by the TDS of £500 or 10% of the deposit value, whichever is greater.