Scale of Charges
Take on Fee £400.00 plus (VAT at 20% = £80.00) totalling £480.00 payable per property.
£240.00 payable upfront and non- refundable.
Balance deducted from first month’s rent.
Full Management Service 10% (plus VAT at 20%) which is equal to 12% of the rent received, deducted by the Agent.
8 % (plus VAT at 20%) which is equal to 9.6% of the rent received, deducted by the Agent for a second property.
15% (plus VAT at 20%) of the rent received, deducted by the Agent for the management of a HMO.
Included in Full management fee
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Inventory Full photographic and written inventory supplied.
Viewings & Referencing Accompanied viewings and referencing.
Contracts Draw up contract between PH4L & Landlord.
Draw up 1 contract between landlord and tenant.
Right To Rent Check No additional charge
Legionnaires Risk Assessment No additional charge
Logging the deposit No additional charge
Prescribed Information No additional charge
Utility Readings Readings taken at start and end of tenancy and relevant utility companies notified.
Test smoke alarms Test existing smoke alarms on day tenancy commences and at property visits for no additional charge.
Property Visits 2 visits per year at no additional charge with fully managed service.
Rent Collecting rent, liaising with Housing Benefit, paying contractors and deducting commission and Vat (at 20%) is all included in the commission fee.
Additional Landlord Charges
Tenant Find Only Service £550 (plus VAT at 20% = £110.00) making a total of £660.00 payable for each letting where the tenant is introduced through the Agent. 50% payable upfront and 50% upon completion.
Credit checks £45.00 plus (Vat @ 20% = £9.00) making a total of £54.00 per person.
Inventory To accompany tenant find only or for additional properties an inventory will range between £115.00 and £180.00 plus (Vat @ 20%) size dependant.
Property visits Additional visits £50.00 (plus VAT @ 20% = £10.00) making a total of £60.00
Gas Safety Record £60.00 for gas record only in Plymouth
£80.00 for gas record and a service in Plymouth
£85.00 for gas record only outside of Plymouth
EPC £80.00 in Plymouth
£95.00 outside of Plymouth.
Fire Risk Assessment £200.00 – £300.00 depending on Contractor.
Maintenance/Repairs PH4L may deduct 8.333% (plus VAT at 20%) which is equal to 10% from a contractor, where PH4L arrange the repair.
Sections Drawing up and serving sections £75.00 (plus Vat @ 20% = £15.00) making a total of £90.00
Court Application £100.00 plus (VAT @ 20% = £20.00) making a total of £120.00
Court Attendance Member of staff from PH4L – £80.00 per hour plus (Vat @ 20% = £16.00), making a total of £96.00 per hour.
Solicitor charge to attend court – £150.00 inclusive of VAT
Preparing paperwork
for sale of property £45.00 per hour (plus Vat @ 20%)
Meeting Bailiffs £55.00 per hour (plus Vat @ 20%)
Check out fee and
preparing deposit claim £60.00 plus (Vat @ 20% = £12.00) making a total of £72.00
Change of tenants £250.00 plus (Vat @ 20% = £50.00) making a total of £300.00 To include advertising the property, new inventory & new contracts.
Change of tenants for HMO £100.00 plus (vat @ 20% = £20.00) making a total of £120.00. To include advertising, new inventory & new contracts.
To assist with Insurance Claim £45.00 per hour plus (Vat @20%)
Early termination PH4l require 3 months’ notice in writing from Landlord to terminate contract. Full commission is payable for 3 months notice period. Early termination = £350.00 plus (Vat at 20% = £70.00) making a total of £420.00 for immediate termination.
