O'Riordan Bond Landlord Fees

Fully Managed Service

SET UP FEE: 50% of the first months rent + VAT (60% inclusive of VAT), subject to a minimum fee of £400 + VAT (£480 inclusive of VAT)

MONTHLY FEES: 12% + VAT (14.4% inclusive of VAT) of monthly rental achieved

Service includes:

• Agree the market rent and find a tenant in accordance with the landlord's guidelines
• Provide guidance on compliance with statutory provisions and letting consents
• Advise on non-resident tax status and HMRC
• Market the property and advertise on relevant portals
• Qualify prospective tenants – taking up full references
• Accompanied viewings
• Preparation of the tenancy agreement
• Collect and remit the monthly rent received
• Collect and registered the Deposit with a Government authorised scheme
• Pursue non-payment of rent and provide advice on rent arrears actions
• Advise all relevant utility providers of changes at the beginning of a new tenancy
• Undertake periodic inspections
• Arrange routine repairs and instruct approved contractors
• Arrange Annual Gas Safety Certificate
• Make any HMRC deduction and provide tenancy with NRL8 (if relevant)
• Submission of non-resident landlords receipts to HMRC
• Rent review – Tenancy Renewal
• Checkout and Deposit Disputes

Renewal Fee – £180 inclusive of VAT

Deposit registrations fee for My Deposits – £60 inclusive of VAT

Additional property visits – £48 inclusive of VAT

Gas Safety Certificate – £102 inclusive of VAT

Energy Performance Certificate – £120 inclusive of VAT

Court Attendance – £72 inclusive of VAT per hour (min 3hr charge)

Let Only Service

SET UP FEE: 75% of the first months' rent + VAT (90% inclusive of VAT), subject to a minimum charge of £650 + VAT (£780 inclusive of VAT)

Service includes:

• Agree the market rent and find a tenant in accordance with the landlord's guidelines
• Provide guidance on compliance with statutory provisions and letting consents
• Advice on non-resident tax status and HMRC
• Market the property and advertise on relevant portals
• Qualify prospective tenants – taking up full references
• Accompanied viewings
• Preparation of initial tenancy agreement
• Collect and remit initial months' rent received
• Collect and remit security deposit received

Inventory Fee:

• 1 bedroom – £144 inclusive of VAT
• 2 bedroom – £168 inclusive of VAT
• 3 bedroom – £216 inclusive of VAT
• 4 bedroom – £288 inclusive of VAT

Serving a Section 48 – £60.00 inclusive of VAT

Withdrawal fee – 50% of the first months rent + VAT (60% inc. VAT)

Let Only Contract Renewal – £360 inclusive of VAT

If the agreement is terminated by the landlord after a tenant application has been submitted but before the tenancy has started

Rent Collection Service

This service is under the same terms as our Let Only service but includes monthly rent collection, processing and arrears chasing.

SET UP FEE: 75% of the first months' rent + VAT (90% inclusive of VAT), subject to a minimum charge of £650 + VAT (£780 inclusive of VAT)

RENT COLLECTION MANAGEMENT FEES: 8% + VAT (9.6% inclusive of VAT) of monthly rental achieved