Milton Keynes Landlord Fees
All our fees are shown inclusive of VAT where applicable.
Guaranteed Rent
If you are renting your property to us on the Guaranteed Rent Service, we will not charge you any fees at all.
Charges will apply for our other services, please see the table below for details of these.
Set Up Fee for Fully Managed and Rent Collection
When you first instruct us on either of these schemes you will have to pay a Set Up Fee. This fee covers all the cost of advertising, finding a tenant, compiling the inventory and drawing up agreements etc. The Set Up Fee is payable each time you instruct us to find a new tenant for your property.
A fee for protecting the tenant’s deposit may be charged separately to cover our costs.
Commission for Fully Managed and Rent Collection
We charge a monthly commission for the ongoing management of your property, which will depend on the level of service you require.
Renewal Fee for Fully Managed and Rent Collection
If you are happy to renew the tenancy we may charge you a Renewal Fee, payable prior to the tenant signing a new agreement.
Tenant Find Charges
If you simply want us to find a tenant for your property, we will charge you a one off fee. This fee covers all the cost of advertising, finding a tenant, compiling the inventory and drawing up agreements etc.
Renewal Fee for Tenant Find
If you are happy to renew the tenancy we may charge you a Renewal Fee, payable prior to the tenant signing a new agreement.
Landlord Fees
| Service | Charge (inclusive of VAT where applicable) |
|---|---|
| Fully Managed Service | |
| Standard Set up Fee | £300.00 inclusive of VAT |
| Fully managed monthly commission | 14.4% inclusive of VAT of monthly rent |
| Rent Collection Service | |
| Standard Set up Fee | £300.00 inclusive of VAT |
| Rent collection monthly commission | 9.6% inclusive of VAT of monthly rent |
| Tenant Find Service | Tenant Find Service 90% inclusive of VAT of monthly rent |
All other fees applicable to all services
| Fee | Charge (inclusive of VAT where applicable) |
|---|---|
| Inventory Fee | |
| 1 bed | £150.00 inc of VAT |
| 2 bed | £190.00 inc of VAT |
| 3 bed | £230.00 inc of VAT |
| 4 bed | £270.00 inc of VAT |
| 5 bed + | To be discussed with office |
| Energy Performance Certificate | £96.00 inc of VAT |
| Gas Safety Certificate | £110.00 inc of VAT |
| Gas Safety Certificate & Service | £130.00 inc of VAT |
| Legionella Inspect & Report | £108.00 inc of VAT |
| AML / Sanction checks | £48.00 inc of VAT |
| Electrical Installation Condition Report | |
| 1 bed | £156.00 inc of VAT |
| 2 bed | £168.00 inc of VAT |
| 3 bed | £192.00 inc of VAT |
| 4 bed | £216.00 inc of VAT |
| 5 bed + | To be discussed with office |
| Empty Property Visits | £95.00 per visit inc of VAT |
| Tenancy renewal fee | £90.00 inc of VAT |
| Deposit Protection Scheme initial set up | £90.00 inc of VAT |
| Overseeing refurbishment of property | 12% inc of VAT of cost of works |
| Issuing & serving legal notices | £114.00 inc of VAT |
| Court attendance | £120.00 per hour inc of VAT |
| Preparing & submitting deposit claim evidence | £120.00 inc of VAT per hour |
| Completion of Deposit Statutory Declaration submission | £114.00 inc of VAT |
| Liaising and providing evidence to Environmental Health/Local Authority/Trading Standards | £120.00 per hour inc of VAT |
| Agreement Termination/Transfer Fee | £750.00 inc of VAT |
| End of year tax summary | £120.00 inc of VAT |
| Provision of extra documents such as tenancy agreement, inventory, notices | £50.00 inc of VAT |
| Check out fee | |
| 1 bed | £120.00 inc of VAT |
| 2 bed | £156.00 inc of VAT |
| 3 bed | £192.00 inc of VAT |
| 4 bed | £240.00 inc of VAT |
| 5 bed + | To be discussed with office |
| Guaranteed Rent Compliance charge | £180 inclusive of VAT |
Client Money Protection Certificate
We are proud to have Client Money Protection in place provided by CMP Protect.
Book a Free Market Appraisal
A market appraisal is a great way to start your property journey. You can find out what your property is worth with a virtual or face to face appointment in your home. If you’re thinking of making a move we would love to hear from you.