Landlord Fees
Charge + VAT
Inc. VAT
Net
Initial fixed term
Letting & management services
19.2%
16% + VAT
Letting service
13.2%
11% + VAT
Management service
7.2%
6% + VAT
Minimum letting service fee is £1080 (£900 + VAT)
Sole agency
Letting & management services
18%
15% VAT
Letting service
12%
10% VAT
Renewal, Extension, Continuation, Periodic or holding over
These will be charged at the same rate as service selected above
Pre let service
Charged as a percentage of net invoice works (Subject to a minimum fee of £60 (£50 + VAT))
12%
10% + VAT
Additional optional charges
Tenancy agreement preparation charge - per initial fixed term or renewal term
£180
£150 + VAT
Periodic tenancy administration charge (one-off charge)
£180
£150 + VAT
TDS Protection fee (Subject to mydeposits fee)
£42
£35 + VAT
Inventory and/check-in (Can vary, on average between £125 and £300)
Price on application
Key cutting, per set (Excluding cost of keys)
£30
£25 + VAT
Copy statements, per copy
£12
£10 + VAT
Section 21 administration fee
£60
£50 + VAT
Possession of property claim form (Court fees apply)
£120
£100 + VAT
Request for warrant of possession (Court fees apply)
£60
£50 + VAT
Court attendance (Per half day)
£180
£150 + VAT
HMRC Return for non-resident landlords (Per quarter)
£120
£100 + VAT
Energy performance certificate
£120
£100 + VAT
Gas safety certificate
£120
£100 + VAT
Electrical certificate
£120
£100 + VAT
Locate Properties are not registered with a Client Money Protection Scheme