Landlords
Our aim since 1991 has always been to provide a service that exceeds expectations. Much can be read about “cheap” deals that turn out not to be so. The press has highlighted the “hidden” fees problem for several years but at Hamlets we have always prided ourselves on the “inclusiveness” of our service and charges. Ordinary things like the inventory, folder of information for the tenant, most maintenance arrangements are included in our fees. You can see from our list exactly what is included in the services we provide.
We believe that trust and fairness foster the best working relationship between landlord and agent. Our management system helps give us the control we require but we feel that it is the directors Maureen and Elaine who are the core of the integrity based service that Hamlets provide and what clients who have been with us for some years have come to expect.
We are members of The Property Ombudsman Scheme and adhere strictly to code of conduct guidelines for letting Agents. We have Client Money Protection in place. Details of both of these can be viewed as follows: www.tpos.co.uk and www.clientmoneyprotect.co.uk.
Our Letting Options
| Full Management | Letting only | |
|---|---|---|
| Set up fee new tenancy |
For rentals up to £650.00 pcm Letting fee would be £400.00 incl VAT (£333.33 + £66.67 VAT) For rentals from £651.00 to £1000.00pcm Letting fee would be £475.00 incl VAT (£395.83 + £79.17 VAT) For rentals over £1000.00 Letting fee would be £500.00 incl VAT (£416.66 + £83.34 VAT)
|
One month of rental to a minimum of £600.00 (£500.00 + VAT)
|
| Monthly Charge | 12% Inc VAT or minimum £60.00 (£50.00 + VAT) | |
| Initial property visit with landlord | ||
| Experienced property advice | ||
| Pro Active marketing and remarketing as tenants give notice | ||
| Advertising & Accompanied Viewings | ||
| Processing of applications | ||
| Tenant/Guarantor Referencing | ||
| Preparation of Agreements | ||
| Renewals for current tenants (Not necessary – Additional charge if required) | * | * |
| Inventories including schedule of condition (Updated for start of each new tenancy) | ||
| Processing of rent payments (Including deduction of any contractor bills) | £60.00 (£50.00 + VAT) | |
| Deposit registration Including certification Up to end of tenancy (Additional costs apply) | ||
| Issuing a tenant information folder | ||
| Regular property visits with report (Visual checks – walk around) | £36.00 (£30.00 + VAT) | |
| Informing landlord of maintenance Organising and managing contractors (No additional charge or commission Added to contractors invoices) Including annual Gas Safety and any other legal Requirements for letting. | * | |
| Carry out thorough check of empty property at end Of tenancy against original inventory | £60.00 (£50.00 + VAT) | |
| Negotiation of deposit return Liaising with adjudicators if required | n/a | |
| Process paperwork for non resident landlords Quarterly and annually as required to Inland - Revenue (additional charge) | n/a | |
| Submitting annual return as required by Inland Revenue – Annual income and ex - (Additional charge) | Only where relevant | |
| Landlord Annual Statement | n/a | |
| Informing utility companies - via Tenant Shop and processing Any payments | Both at the start and end of a Tenancy | At start only |
| Project managing minor remedial works (ie some decorating, new carpets between lets) - Larger works may incur additional charge | n/a | |
| Empty property additional visits Usually for insurance purposes | £36.00 | £36.00 (£30.00 +VAT) |
Additional fees for FULLY managed properties
Insurance request visits (empty period) £36.00 per visit document Inc VAT (£30.00 + VAT)
- In-Property waiting time £18.00 Inc VAT per hour – min 1 hour (£15.00 + £3.00 VAT)
- Copies of documents already issued 18p per A4 page or £6.00 Inc VAT (£5.00 + £1.00 VAT)-min charge
- Copies of instruction booklet User manuals if not available £6.00 Inc VAT per booklet (£5.00 + £1.00 VAT)
- Deposit dispute/liaison £18.00ph Inc VAT (£15.00 + £3.00 VAT) min charge dependant on amount of work that has to be undertaken, if additional help is requested by landlord.
- Major refurbishment To be charged relevant to the amount of works/arrangements we have to make
- Renewal of tenancy agreement Fee dependant on rental
Additional Services available for let-only Properties
- Arranging Contractors visits – (fee dependant on involvement)
- Organising annual Landlord Gas Record - £36.00 (+cost of service)
- Renewal of agreements if requested – As above
- Arranging of Gas Safety Check £36.00 Inc VAT (£30.00 + £6.00 VAT)*
- Inspection visits £36.00 Inc VAT a visit (£30.00 + £6.00 VAT)*
- Move-out inventory check £60.00 Inc VAT (one visit) (£50.00 + £10.00 VAT)
- Letters to tenants (other than set-up) £30.00 Inc VAT per letter (£30.00 + £6.00 VAT)
Unless stated, all fees are inclusive of VAT.