OUR FEES FOR LANDLORDS
When choosing Leggett & James to market your rental property there are a number of options available to you and the costs of the services vary accordingly.
The table below shows all of our charges.
FEES FOR LANDLORDS
FULLY MANAGED SERVICE |
COST INCLUSIVE OF VAT |
COST EXCLUDING VAT |
MARKETING FEE – OF FIRST MONTHS RENT |
60% |
50% |
THIRD PARTY INVENTORY PREPARATION |
£180 |
£150 |
MONTHLY MANAGEMENT COMMISSION |
12% |
10% |
RENT COLLECTION SERVICE |
COST INCLUSIVE OF VAT |
COST EXCLUDING VAT |
MARKETING FEE – OF FIRST MONTHS RENT |
90% |
75% |
THIRD PARTY INVENTORY PREPARATION |
£180 |
£150 |
MONTHLY RENT COLLECTION COMMISSION |
9% |
7.5% |
CHECK IN OF TENANT |
£60 |
£50 |
CHECK OUT OF TENANT |
£120 |
£100 |
LET ONLY SERVICE |
COST INCLUSIVE OF VAT |
COST EXCLUDING VAT |
MARKETING FEE – OF FIRST MONTHS RENT |
90% |
75% |
THIRD PARTY INVENTORY PREPARATION |
£180 |
£150 |
CHECK IN OF TENANT |
£60 |
£50 |
CHECK OUT OF TENANT |
£120 |
£100 |
OTHER SERVICES |
COST INCLUSIVE OF VAT |
COST EXCLUDING VAT |
ARRANGEMENT FEE FOR WORKS |
12% |
10% |
ADDITIONAL PROPERTY VISITS |
£60 |
£50 |
TENANCY RENEWAL FEE |
£90 |
£75 |
COURT ATTENDANCE – PER HOUR |
£180 |
£150 |
RENT REVIEW |
£60 |
£50 |
NOTICE REQUIRING VACANT POSSESSION |
£60 |
£50 |
ADDITIONAL NOTES OF IMPORTANCE TO LANDLORDS
If you have a mortgage you must obtain written confirmation from your Mortgage lender that they are happy for you to let your property. Also, you must inform your Insurance Company. If you do not then your policy may be rendered invalid
Please also refer to the conditions and information set out on the back of our Terms and Conditions for letting residential property, available on request.
Our management of the property will start on the tenancy commencement date. Should a property owner find his property void during the winter months all necessary steps should be taken to ensure that the property is safeguarded against any frost damage and advise his/her Insurance Company of the position. If the property remains empty once a tenant moves out and we are to continue to manage the property for you during this period, our monthly management fee will be charged at 60% (50% plus vat) of the previous monthly figure and will remain so until a new tenant is placed.
During the tenancy, the tenant is responsible for all service charges including the Council Tax however the Landlord will remain responsible for the insurance of the building, the insurance of the carpets and general maintenance and repair with the exception of the garden which would be the tenant’s responsibility.
Deposits are held in Leggett & James’s client account at Barclays Bank Worcester throughout the period of the tenancy under the Tenancy Deposit Scheme.