Fully Managed Service
SET UP FEE: 50% of the first months rent + VAT (60% inclusive of VAT), subject to a minimum fee of £425 + VAT (£510 inclusive of VAT)
MONTHLY FEES: 14% + VAT (16.8% 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
- Checkout and Deposit Disputes
Deposit Registration Fee for My Deposits – £60 inclusive of VAT
Additional Property Visits – £48 inclusive of VAT
Gas Safety Certificate and Boiler Service – £192 inclusive of VAT
Energy Performance Certificate – £120 inclusive of VAT
Electrical Installation Condition Report - £216 inclusive of VAT
Legionnaires Risk Assessment - £102 inclusive of VAT
Section 13 Preperation - £120 inclusive of VAT
Dealing with first tier tribunal rent increase challenges - £96 inclusive of VAT per hour
Court Attendance – £96 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 – Price on Application
Serving a Section 48 – £60.00 inclusive of VAT
Withdrawal fee – 50% of the first months rent + VAT (60% inc. VAT)
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
For any queries with regard to the services of O'Riordan Bond then please email marketing@oriordanbond.co.uk