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Landlord Fees

Rent collection only:

9.5% + VAT

INCLUDES:

  • Collect your tenant’s rent and pay it to you by bank transfer each month
  • Send you a monthly accounts statement showing your rent payments
  • Yearly financial statement at the end of March for the yearly income and expenditure for tax purposes

Tenant find:

70% + VAT  of the 1st months’ rent

INCLUDES:

  • We use the leading property portals, social media, our office window and signboards to attract potential tenants.
  • Carry out viewings.
  • Collect and remit the initial month’s rent received and deposit
  • Deduct any pre-tenancy invoices.
  • Deposit registration (per Security Deposit).
  • Arrange safety testing necessary for the tenancy to commence.
  • Arrange all tenancy paperwork including tenancy agreement.
  • Advise all relevant utility providers of changes.
  • Forward all tenancy paperwork to assist the landlord in the management of the tenancy from the move-in date.

Fully Managed:

Fully Managed Service:

For a competitive monthly rental commission of just 12% + VAT (14.4%), plus an initial setup fee of £400 + VAT (£480) for 1-2 bedroom properties, we offer a comprehensive property management solution tailored to your needs. For larger properties (3 bedrooms or more), an additional £25 + VAT applies.

Special Offers Available! Ask us about exclusive discounts for multiple landlords.

Our Comprehensive Package Includes:

  • Detailed Inventory Reports: Using inventory software for accurate property condition documentation.
  • Tenancy Documentation: We prepare all tenancy paperwork, including the tenancy agreement, deposit and compliance documents.
  • Thorough Tenant & Guarantor Checks: Comprehensive referencing and credit assessments ensure reliable tenants.
  • Deposit Management: Securely log deposits with the Deposit Protection Scheme for peace of mind.
  • Rent Collection Support: We pursue non-payment of rent and provide guidance on arrears actions.
  • Utility Provider Notifications: Hassle-free management of utility changes at the start and end of tenancies.
  • Deposit Return Assistance: We negotiate and arrange the return of deposits, managing any disputes with the Government Approved Deposit Scheme.
  • Annual Tax Statements: We generate your end-of-year tax statement for easy record-keeping.
  • Emergency Support: Out-of-hours emergency service for urgent issues.
  • Legal Protection Options: Arrange rent and legal protection as needed.
  • Seamless Tenancy Renewals: Effortlessly navigate tenancy renewals and negotiate rent increases.
  • Comprehensive Bill Payments: We handle payments for utility bills, contractors, insurance, and other required bills on your behalf.
  • Routine Property Inspections: Regular inspections (initial at 3 months, then every 6 months) with detailed outcomes provided.
  • Expert Repairs Management: We coordinate routine repairs and instruct approved contractors for necessary work.
  • Tenant Liaison: Continuous communication with tenants before, during, and at the end of the tenancy.
  • Effective Marketing: We use the leading property portals, social media, our office window and signboards to attract potential tenants.
  • Professional Viewings: Conduct property viewings to showcase your rental.
  • On-Site Assistance for Contractors: Facilitate access for contractors carrying out required work.
  • Pre-Tenancy Invoice Deductions: We handle any pre-tenancy invoices to simplify your finances.
  • Compliance Management: Ensure compliance by arranging all necessary safety testing before tenancy commencement and throughout.
  • We are a member of NRLA.

Change your property management approach today. Contact us to get started or to learn more about our exclusive offers!

ADDITIONAL SERVICES:

Single Claim Fee: £30.00 + VAT (£36.00)
  • In the event of the tenant not responding to the DPS request, this is to cover the cost of preparing the Deposit Protection Service Single Claim paperwork and attending a solicitor’s appointment to have it signed

Heater Loan: £25.00  + VAT (£30.00)
  • We will supply and deliver a portable heater to your property in the event of a boiler breakdown for the full period until the heating is working again
Referral fees from our contractors 10% plus VAT of Invoice value
  • We may from time to time receive referral fees from our contractors of around 10% plus VAT of the invoice total cost for maintenance and certification
 Insurance Fee: Invoice value plus 12% plus VAT
  • We may from time to time receive referral fees from our insurance of around 12% plus VAT 
Court attendance £250.00 + VAT (£300.00)
  • Court Attendance

ADDITIONAL SERVICES (Non-Managed Properties):

Tenancy Paperwork: £250.00 + VAT (£300.00)
  • To arrange the necessary paperwork for a new or existing tenancy

Inventory Fee: £120.00 + VAT (£144.00)
  • To carry out a detailed Inventory/Schedule of the condition of an unfurnished property with 4 bedrooms or fewer. Any additional bedrooms will have a surcharge of £25.00 + VAT (£30.00)

Deposit Registration/Release Fee: No cost
  • To protect the tenants’ deposit with the Deposit Protection Service and provide tenants with all relevant compliance paperwork at the commencement of the tenancy. To action the release of the deposit at the end of the Tenancy to the landlord/tenant or both

Serving Possession Notices: £125.00 + Vat (£150.00)
  • To serve your tenant a Section 21 or 8 notice to vacate the property

Rent Increase: £50.00 + VAT (£60.00)
  • To serve your tenant a Section 13 notice to increase the rent

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Get In Touch with Us Today

Whether you’re looking to let your property or find a home to rent, our team is ready to assist. Contact us for a free consultation or any inquiries.


28 Hewlett Road, Cheltenham
Gloucestershire,
GL52 6AA
01242 250982
RALogo

RA Flatt
Residential Lettings

28 Hewlett Road, Cheltenham
Gloucestershire, GL52 6AA

info@raflatt.co.uk

Property Ombudsman membership number: D10473 | Client Money Protect membership: CMP003890 

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