Our landlord fees and charges

What we charge you depends a lot on what kind of property you're letting. But here is a breakdown of all our charges to give you an idea of what to expect.

Your local team will talk you through our Terms of Business, the services we offer and what your fees will be.

 

 

Letting, renewal and receiving rent: 12.5% + VAT (15% inc VAT)* of rent for the whole time your tenant stays in the property. We'll:

  • Find a tenant
  • Discuss local market conditions
  • Advise on preparing your property for letting
  • Keep you up to date on compliance and health & safety
  • Put up a 'To let' board
  • Market the property and advertise on relevant portals
  • Arrange and accompany viewings
  • Collect and hold the deposit
  • Ask tenants to set up rent payments and pass monies on
  • Make any necessary HMRC deduction
  • Chase late rent payments
  • Discuss renewal or termination with you before the end of the tenancy

* Minimum Fee London Region £1500 + VAT (£1800 inc VAT)

* Minimum Fee Other Regions £1000 + VAT (£1200 inc VAT)

 

Letting, renewal, receiving rent and management: 17% + VAT (20.4% inc VAT)* of rent for the whole time your tenant stays in the property

  • In addition to the letting, renewal and receiving rent services, well:
  • Deal with day-to-day management including repairs
  • Give utility suppliers meter readings when the tenancy starts and ends
  • Hold a set of keys throughout the tenancy
  • Hold a working fund and make payments
  • Organise the following safety checks: Gas safety record, electrical safety tests, smoke  and carbon monoxide alarms
  • Visit the property at least once a year
  • Provide an emergency out of hours service
  • Manage the end of tenancy process and deposit return

* Minimum Fee London Region £2,500 + VAT (£3,000 inc VAT)

* Minimum Fee Other Regions £2,000 + VAT (£2,400 inc VAT)

 

Short Lets (three months or less):

Letting, renewal and receiving rent: 20% + VAT (24% inc VAT) of rent

Letting, renewal, receiving rent and management: 25% + VAT (30% inc VAT) of rent

Management-only service

 

Handover £500: + VAT (£600 inc VAT)

Fees for the whole time your tenant stays in the property: 6% + VAT (7.2% inc VAT)

* Minimum Fee £1800 (inc VAT)

Vacant management (before you let or between tenancies)

This depends on what you need: a minimum of £100 + VAT (£120 inc VAT) per month

                  

 

Pre-letting service (visual check)

£500 + VAT (£600 inc VAT) plus travel expenses  

Sale of property (including
sales progression)

                          

2% + VAT (2.4% inc VAT) of the agreed sale price

   

Extra optional and non-optional fees and charges

Fee excl. VAT

Fee inc. VAT

Tenancy paperwork (landlords share) £205 £246
Land registry £4 £4.80
Deposit registration £25 per annum £30 per annum
Transferring deposit to landlord during tenancy £100 £120
Helping with deposit adjudication £100 per hour £120 per hour
Selective licensing application handling £250 £300
Selective licensing annual holding £100 £120
Making an inventory e.g. three-bed unfurnished £200 £240
Inventory 'check-in' e.g. three-bed unfurnished £150 £180
Inventory arrangement
(included with management service)
£50 per appointment £60 per appointment
HMO visits and/or any additional property visits £100 per visit £120 per visit
Quarterly return to HMRC £100 quarterly £120 quarterly
Copy statements £25 per copy £30 per copy
Arranging works or refurbishment over £1000 12% of net cost 14.4% of net cost
Insurance claims £100 per hour £120 per hour
Tenancy renewal paperwork (landlords share) £100 £120
Cancelling a let before the tenant moves in £291.70 plus out
of pocket costs
£350 plus out
of pocket costs
Service of notices:
Serve Section 13 Notice £41.70 £50
Serve Section 21 Notice (included with management service) £41.70 £50
Attending court £100 per hour £120 per hour
Attending court (Director) £200 per hour £240 per hour
Interest on unpaid commission or other monies 4% above the base rate
of Barclays Bank PLC
Making a payment outside the UK £25 £30
Making a same day payment in the UK £25 £30

How can we help?

 

Can we help?

Have a question? Get in touch.

Key contacts

Theresa Wallace

Theresa Wallace

Head of Lettings Customer Relations

Savills One Church Road

+44 (0) 20 8018 7015

+44 (0) 20 8018 7015

 

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