Our Fees and statutory notices

Consumer Rights Act 2015 – Section 83

(Duty of Letting Agents to Publicise Fees etc.)

Fees Information for Landlords and Tenants (Including Vat)

 PDF VERSION

Service

 

Fee payable to Agent Fee payable to Third Party (if applicable) Payable by
Letting Only (preparing particulars, advertising, conducting viewings, reference and credit checks, preparing tenancy agreement) 60% of first month’s rent N/A Landlord
Letting & Rent Collection (as above plus collection of monthly rent) 9.6% of each month’s rent for collected for the tenancy N/A Landlord
Letting & Management (as above plus management throughout tenancy) 12% of each month’s rent for the duration of the management of the tenancy N/A Landlord
Management Only (management during existing tenancy) 8.4% of each month’s rent for the duration of the management of the tenancy N/A Landlord
Taking references and conducting credit checks 36% of first month’s rent per property N/A Tenant
Taking references on Guarantors £30 per guarantor N/A Tenant
Rent Guarantee and Legal Expenses Insurance when requested by landlord £66 for 6 month tenancy

£102 for 12 month tenancy

N/A Landlord
Rent Guarantee and Legal Expenses Insurance when requested/required by Tenant £66 for 6 month tenancy

£102 for 12 month tenancy

N/A Tenant
Energy Performance Certificate £80 (inclusive of VAT) per property Landlord
Gas safety check From £60 to £150 per property (depending on size) Landlord
Electrical safety check From £100 to £1,000 per property (depending on size) Landlord
Inventory preparation From £60 per property Landlord
Inventory check-in From £50   per property Landlord
Inventory check-out From £50 per property Landlord
Property reservation fee (to secure a rental; amount will be deducted from first month’s rent but is non-refundable if tenant withdraws from the letting) £250 per property N/A Tenant
Deposit registration fee (protection of deposit in authorised scheme and service of prescribed information) £30 N/A Landlord
Additional inspections (in addition to routine inspections under Management service) £54 per visit N/A Landlord
Tenancy renewal fee (negotiating and documenting renewal) (Landlord fee when requested by landlord) £42 N/A Landlord
Tenancy renewal fee (negotiating and documenting renewal) (Tenant fee when requested by tenant) £42 N/A Tenant
Professional cleaning when charged to tenant following checkout and property’s cleanliness falls below standard set in the inventory and schedule of condition From £50 to £1,000 per property (depending on size) Tenant
Organising and overseeing works at end of tenancy to put right the property in accordance with the standard detailed in the inventory and schedule of condition (allowing for fair wear and tear) 12% of contractor’s invoices Contractor’s invoice for works will vary depending on work required Tenant
Text/Email rent arrears reminder (will be sent 3 days after rent becomes due and periodically thereafter until payment) £4.20 each text/email N/A Tenant
Rent arrears letter reminder (sent prior to service of formal notice (section 8 notice)) £18 N/A Tenant
Compiling section 8 Notice requiring possession £90 N/A Tenant
Service of section 8 Notice by service agent From £90 Tenant

 

Other Important Information for Landlords and Tenants

Property Link Estates Limited is a member of a Client Money Protection scheme.

Pursuant to the Alternative Dispute Resolution for Consumer Disputes (Competent Authorities and Information) Regulations 2015, Property Link Estates Limited is a member of The Property Ombudsman (www.tpos.co.uk).  A consumer has 12 months from the date of an agent’s final viewpoint letter to refer a complaint to TPO.