We offer a transparent menu driven approach when commissioning us and we always aim to be highly competitive. Our core services are, full management, rent collection, tenant find and investment property acquisition however we are happy to consider any bespoke arrangements a landlord may require.
Attractive management fee discounts offered to landlords with over three properties.
Service and Fee Schedule for Landlords:
Letting and Full Management – Gold
- A Letting fee of £320.00 plus vat (£384.00 inc vat) f for the introduction by the agent of a new tenancy and admin, this includes referncing,right to rent checks, KYC and AML checks
- An ongoing monthly charge of 12% (10% plus vat) of the gross rent due which includes the preparation of the Inventory and room by room Schedule of Condition, checking in the tenant, a 3 month “spot check”, rent collection and processing, arranging minor repairs and reporting on any dilapidation work required, checking out the tenant.
Letting and Rent Processing – Silver
- A letting fee £320.00 plus vat (£384.00 inc vat) f for the introduction by the agent of a new tenancy.
- An ongoing monthly charge of 9.6% (8% plus vat) of the gross rent due for rent collection and processing.
- The preparation of the Inventory and room by room Schedule of Condition, checking in the tenant. included in the letting fee
- Final Inventory check out £300.00 plus vat (£360.00 inc vat)
Letting Only – Bronze
- A letting fee is one month full rent which is calculated inclusive of VAT
- Referencing fee per applicant including right to rent check, KYC and AML checks is £90.00 plus Vat (£108.00 inc vat)
- KYC and AML checks per landlord £12.50 plus vat (£15.00 inc vat) (no checks will commence until payment received)
- Final Inventory check out £300.00 plus vat (£360.00 inc vat)
COST OF LETTING EXTRAS
Project Management 12% (10% + vat) of total cost of works
Supervision of works e.g. redecorating, carpeting, refurbishments, makeovers and furnishing.
Preparation of Documentation £30.00 (£25.00 + vat) per hour (min 1 hour)
Documents required by the client relating to the sale of the property
Insurance Claims 12% (10% + vat) of settlement
Claims and Supervision of works on behalf of client
Sale of Property to Tenant 1.2% (1% + vat) sale price
The introduction of a buyer (the tenant) subject to contract, and issue of sales Memorandum, payable on completion of sale.
Court Attendance (per person or part day) £30.00 (£25.00 + vat) per hour
Where a representative of LPWLM is required to attend Court in connection with the letting of the Client’s property.
Extra Property Access Attendance £48.00 (£40.00 + vat) for each occasion
Visits by the agent to the property made at the specific request of the client
Deposit Dispute £360.00 inc vat ( £300.00 + vat)
Admin fee if to assist a tenancy deposit with deposit company
Extra tenancy agreements £50.00 (£41.67 + vat)
Extra copies made or any changes/amendments
Property inspection £60.00 plus vat (£72.00 inc Vat)– LET ONLY APPLIES