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Prices

NO VAT is chargeable on our fees at present.

Tenant Find

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

Full Management

 

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