Landlord Letting Fees


LANDLORDS’ GUIDE TO SERVICES AND CHARGES

We are committed to being upfront with our charges and fees. The table below shows all Landlord fees shown both inclusive and exclusive of VAT. For more details, please refer to your Terms of Business or ask a member of our team.
Kings Estates is a member of and covered by the ARLA/Propertymark Client Money Protection Scheme. We are also a member of a redress scheme provided by The Property Ombudsman www.tpos.co.uk
Description of fee Excluding Fee Including Fee
Gold Service (Fully Managed)
Including Standard Lettings Service. Subject to a minimum fee of one month’s rent plus VAT and a minimum monthly Management fee of £60 (£72 inc VAT)
15.00% 18.00%
Silver Service (Rent Collection)
Subject to a minimum fee of one month’s rent plus VAT
12.00% 14.40%
Bronze Service (Let Only)
Subject to a setup fee of £350 (£420 Inc VAT) and a minimum monthly Management fee of £60 (£72 inc VAT)
8.00% 9.60%
Short Let Service
Subject to a minimum fee of one week’s rent plus VAT. Short Let Tenancy Setup Fee £150 (£180 Inc VAT)
25% 30.00%
Vacant Property Supervision Service
Including a monthly property visit
£150 per month £180 per month
Tenancy Setup Fee
Drafting and execution of tenancy agreement if supplied by us, (drafting supplementary clauses may incur a £50 (£60 Inc VAT) charge) collecting and holding the Security Deposit, registering and issuing deposit protection certificate, Initial Right to Rent check, Open Banking based reference of the Tenants
£325.00 £390.00
Enhanced Referencing Fee
Including verification of details, credit check, employer, landlord and accountant reference (If available)
£50 per person £60 per person
Tenancy Continuation Preparation of Memorandum of Renewal
Drafting and execution of document if supplied by us and registering and issuing deposit registration certificate. Where a Memorandum of Renewal is not suitable the Tenancy Agreement Setup fee will apply £325 (£390 Inc VAT)
£125.00 £150.00
Pre Letting Arrangement of Certification (Standard Lettings Service)
Arrangement of Energy Performance Certificate, Gas Safety Certificate, Portable Appliance Test etc (the cost of completing these works is Subject to Quotation)
£50.00 £60.00
Pre Marketing Property Preparation Service Cost per hour including travel £75.00 £90.00
Right to Rent Re-Checks £100.00 £120.00
Withdrawal from Proposed Tenancy Half of one month’s rent, plus VAT
Change of Sharer Deed of Assignment
Where a Deed of Assignment is not suitable the Tenancy Agreement Setup fee will apply £325 (£390 Inc VAT)
£100.00 £120.00
Serving of Notices: Section 21 £100.00 £120.00
Early Termination Deed of Surrender £125.00 £150.00
Additional Property Visit £150.00 £180.00
Accompanying Landlord Contractor
Cost per hour including travel and subject to a minimum of 2 hours
£75.00 £90.00
Arranging works beyond routine maintenance and repair
Management and instruction of contractor works, charge may be applied to Invoice value of over £1800 Inc VAT. Charge applies to work relating to HMO Licencing requirements
10% 12%
Formulating Deposit Adjudication Claim £250.00 £300.00
Deposit Retention Fee Post termination £100.00 £120.00
Deposit Transfer Fee to new Deposit Protection Scheme £50.00 £60.00
Bank Transfer - Same day, UK accounts
The charge for a same day transfers to overseas accounts will be £30 (£36 Inc VAT)
£20.00 £24.00
HMRC Return for withheld tax (per quarter) £50.00 £60.00
Year End Statement Reconciliation £100.00 £120.00
Legal Proceedings
When our staff are required to attend court or arbitration hearings. Cost per hour and subject to a minimum 2 hours
£100.00 £120.00
Sale of Property
Based on sale price agreed. See your Terms of Engagement for more detail
1% 1.2%
HMO Licence Application
Excludes cost of licence, any works and any risk assessment or other documentation required to grant the licence
£395.00 £474.00