Prices
NO VAT is chargeable on our fees at present.
TENANT FIND: Equivalent to 3 WEEKS RENT
Service Includes:
- Collect and remit initial month’s rent
- Agree the collection of any shortfall and the payment method
- Provide the tenant with the method of payment
- Deduct any pre tenancy invoices
- Register the deposit with the DPS scheme and transfer to your DPS account (any other scheme will require notification so we can advise of the alternative arrangements)
INVENTORY FEES £95.00 for up to 3 Bedrooms
£125.00 for up to 4 Bedrooms
£150.00 for 5 Bedrooms & over plus
- Standard inventory comprising of a basic description of condition, contents and cleanliness
- Supported by photographs
- Electronic Copies issued to Tenant and Landlord
UTILITY LETTERS £25.00
MANAGED SERVICE
Equivalent to 10% of the monthly rent (e.g rental price £750, fee at 10% – £75.00, total fee £75.00)
- Service Includes:
- Collect and remit monthly rent received
- Pursue non-payment of rent and provide advice on rent arears action
- Deduct commission and contractor’s invoices from monthly rent collected
- Advise all relevant utility providers of changes in occupation
- Undertake two inspection visits per annum and notify landlord of the outcome
- Arrange routine repairs and instruct approved contractors
- Make any HMRC deduction and provide NRL8 form (if relevant)
ADDITIONAL NON-OPTIONAL FEES AND CHARGES (IRRESPECTIVE OF LEVEL OF SERVICE).
SET UP FEE £145.00
- Agree the market rent and find a tenant in accordance with the landlord guidelines;
- Advise on refurbishment
- Provide guidance on compliance with statutory provision and letting consents
- Carry out accompanied viewing (as appropriate)
- Market the property and advertise on relevant portals
- Erect board outside property in accordance with Town and Country Planning Act 1990
- Advise on non-resident tax status and HMRC (if relevant)
INVENTORY FEES £95.00 for up to 3 Bedrooms
£125.00 for up to 4 Bedrooms
£150.00 for 5 Bedrooms & over plus
- Standard inventory comprising of a basic description of condition, contents and cleanliness
- Supported by photographs
- Electronic Copies issued to Tenant and Landlord
ARRANGEMENT FEE for
WORKS OVER £1,000 in value
Equivalent to 10% of the value of the contract – (e.g. contract value £3000, fee at 10% = £300, total fee £300)
- Arranging access and assessing costs with contractor
- Ensuring work has been carried in accordance with agreement
- Retaining any Guarantee or Warranty as a result of the works
OBTAINING MORE THAN
TWO CONTRACTORS QUOTES £50.00 per quote
DEALING WITH DEPOSIT DISPUTES £Nil on managed properties
& UNPROTECTING SECURITY DEPOSIT Not available on Tenant Find
COURT ATTENDANCE £50.00 per hour
IF YOU HAVE ANY QUESTIONS ON OUR FEES, PLEASE ASK A MEMBER OF STAFF
October 2019
Late rent payment will result in additional administrative costs. Accordingly, if you
Fail to pay your rent by the due date, you will be charged £15.00 or if your bank
refuses to honour a cheque or a payment mandate, you will be charged £20.00. If
you do not respond to the Landlord or his/her agent within forty eight hours, you
may be liable for a further charge of £15.00, and the same charge may be made
upon each subsequent occasion that contact has to be made pursuant to the
collection of the outstanding sum.
If a visit by a collector has to be made a further £20.00 will be charged and if notices
pursuant to court proceeding have to be served a further £100.00 will be charged.
PLEASE NOTE
Additional charges may be avoided from time to time if delayed payments are
arranged prior to the due date. This may be done by sending a letter addressed to
the offices of Simpson Estates or by sending an e-mail to sally@simpsonestates.co.uk
We hope that this clarifies what we charge, if you have any questions we will be
pleased to answer them before you commit yourself to any expenditure.
Oct 2019
