Additional charges
Landlords schedule of fees
Administrative / non essential repairs
All administrative and non-essential repairs that the landlord wishes for Edwards & Plumb property to manage will incur an additional cost.
15% of all contractor invoices plus VAT
Repairs & maintenance (not included in full management terms)
If you have not opted for Edwards & Plumb full management terms you may need us to carry out repairs and maintenance from time to time. We will charge an administration fee.
£150.00 inc VAT
Additional property inspections
Outside the agreed limit of inspections outlined in your terms of business, we will visit the property to carry out additional checks at the landlord’s request.
£180.00 inc VAT
HMO license
Discussion with local council & information on obtaining a licence if required.
£300.00 inc VAT
HMRC reporting
If you are not covered by our full management contract, as per the tax regulations opposed by the HMRC, we will deduct 20% from the rental fee for tax purposes. The fee here is for our administration for book keeping of such expenses and deductions.
£720.00 inc VAT per annum
Notification of rent increase
We will serve a section 13 notice on behalf of the landlord to advise the tenant of a rent review.
£120.00 inc VAT
Section 21 notice
For letting and rent processing or rent collection / tenant in-situ management, we will charge £100.00 plus VAT for the issuance of each Section 21 notice. For full management, the first Section 21 notice is included within the agreed management fee.
£120.00 inc VAT
Inventory or schedule of condition
- Studio–1 Bedroom: £150.00 (inc. VAT)
- 2–3 Bedrooms: £198.00 (inc. VAT)
- 4+ Bedrooms: £250.00 (inc. VAT)
Fees quoted are for both furnished and unfurnished properties
Landlord withdrawal fees (before tenant moves in)
If the landlord cancels the contract during the 14 day cooling period, any associated costs including marketing, advertising and tenant referencing will be charged. This will not apply if the tenant has moved into the property.
£480.00 inc VAT
Bank charges
We always encourage our clients to set up UK bank accounts to receive rental income. However, if you prefer for rent to be paid to an international account, bank charges may apply and will be passed on to the landlord. These charges are typically around £20.00 per transaction, though this is subject to change.
£20.00 inc VAT per transaction
Statutory compliance
If we are responsible for the full management of your property, we will make the necessary arrangements to ensure you are fully compliant. If you have opted for letting and rent processing, or rent collection management only, we will charge an additional 15% on top of the contractor cost to cover the arrangement and facilitation of all statutory compliance.
Note: All items will be an additional cost to the landlord.
Energy performance certificate (EPC)
Quote to be obtained from local contractor
Gas safety certificate
Quote to be obtained from local contractor
Electrical safety certificate
Quote to be obtained from local contractor
Legionella risk assessment
Quote to be obtained from local contractor
Supply & install smoke or carbon monoxide detector
£30.00 per unit (one per floor required) inc VAT
Note: Prices for statutory compliance will vary on the property size and location. We will obtain 3 quotes to ensure best value for service. If you have any questions regarding our prices please get in touch with us via WhatsApp or by contact lucy@edwardsandplumbpropery.com.
Tenant Find Fee & Full Management
3 weeks rent ‘Tenant Find’ fee plus VAT (20%) – to be paid within 7 days of the Tenant signing a tenancy agreement (or paying a deposit). Plus 15% of rent paid each month plus VAT (20%)
Tenant Find
- Market appraisal
- Initial property visit, snagging, testing power & appliances and checking smoke & carbon monoxide alarms
- Professional photography
- Tenant viewings & offer negotiation
- Comprehensive referencing
- Tenancy agreement
- Tenant check-in service including Inventory Check In
- Pre-tenancy cleaning
Full Management
- Rent collection – monthly statement
- Tenant deposit
- Registration
- Right to rent checks
- Landlord utility set-up
- Service (including support to set up Tenant)
- Six-monthly property inspections
- Renewal of tenancy agreement / renegotiation of rent after initial fixed term
- Tenant check-out service, managing end of tenancy and inventory check out report
- Dedicated management Service including repairs
- Organising electrical safety certificate
- Organising gas safety certificate
- Organising legionella
