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Lettings Services (Fees)

 

Landlord Fees


Description

Fee (all stated are inclusive of VAT)

Tenancy set up (full management – first month’s rent only – this includes: tenancy agreement, full inventory, deposit protection and prescribed information, notification of council tax and welsh water)

90% of monthly rent

Full management (each month thereafter)

12% of monthly rent

Tenancy set up (tenant find only)

100% of first months rent

Instruction of another agent during sole agency period / tenant find by landlord – administration fee

£150

Paper copies of statements of account

1.2% of monthly rent

Attendance at Court/Tribunal

£75 per court appointment

Service of section 21 notice

Included in management fee

Service of section 8 notice

£25 per tenant

Wait at property for contractor

£60 per hour/part thereof

Annual Tax Return Statement

£30

Maintenance Handling – administration fee*

£15 added to total invoice cost

*subject to letting agreement type

 

 

Tenant Fees(for any tenancy started or renewed after 1 September 2019)


Description

Fee (all stated are inclusive of VAT)

Refundable Holding Deposit

Equivalent of one weeks rent

Late payment fee

Payable when payment is 14 days overdue at 3% above the Bank of England base rate. Calculated on a day-to-day basis from the day upon which it became due down to the date of payment

Pet deposit (addition to bond)

£100 per pet

Payment methods

i) Holding deposit – debit/credit card

ii) Initial rent / deposit – debit/credit card

iii) Monthly Rent payments – standing order. Card payments are also accepted, however due to clearance times this should be paid 5 working days before your due date

Payment on increased insurance premium

Payable for any action taken by the tenant that results in increased insurance premiums. Payment options will be discussed depending on the amount. Evidence of said increase shall be provided to the tenant should the situation arise due to the tenant’s default.

 

Other Tenant Fees(for any tenancy started but not renewed after 1 September 2019)


Description

Fee (all stated are inclusive of VAT)

Late payment fee

£30 per instance

 

 

This information can also be downloaded from here.

 

Equality & Diversity

 

Asset Estates Ltd is committed to equality for all people. Asset Estates Ltd is committed to operating in accordance with the 2010 Equality Act 

 

To view or download our equality and diversity policy please click here