LETTING LONDONPROPERTY FEES

March 2021

OUR STANDARD FEESLettings Service, Rent Collection & Full Management Service:

14%+vat

• Introduction of prospective tenant

• Discuss local market conditions

• Advise on preparing your property for letting

• Put up a 'To let' board, if applicable

• Discuss renewal or termination with you before

the end of the tenancy

• Recommend improvements to the property

which would increase the rental potential

• Letting service as detailed above

• Rent collection

• Chasing rental arrears

£250+vat

Set Up Fee

Set Up Service:This charge will be applicable to all of the below services;

• Arranging professional photos of the property

• Extensive advertising on our official website & online portals, such as

Rightmove, Zoopla, On The Market, Facebook and Instagram

• Arrange and accompany prospective tenants on property viewings

• Negotiating terms with prospective tenants

• Tenant Right to Rent checks

• Arranging referencing of tenants via a 3rd party referencing company

including credit checks

• Administrative fee for arrangement of paperwork

• Arranging EPC’s and floor plans (if required or once expired every 10 years)

£325+vat

from

New Homes Snagging Inspections:

• For peace of mind, we recommend ordering a snagging survey for your

newly built property - it identifies any ‘snag’ (i.e. fault, defect) in your

property will be identified

• Snagging are carried out by a choice of RICS chartered surveyors or

experienced on site managers / contractor

❏ a professional RICS chartered surveyor has specific expertise in new

builds to complete the report - they ensure that the home you are

buying or have brought has been constructed to a decent standard,

as well as offer advice on the necessary repairs to be made

• As a dedicated property letting agency, the BURKHART CARE TEAM will be

able to follow up on resolving any ‘snag’ on your behalf!

initial set up fee

£250

OUR ADDITIONAL FEES Per TenancyExclusive of VAT

Tenancy Agreement Related Fees

Check In 1 Bedroom £55

2 Bedroom £82

3 Bedroom £110

Check Out 1 Bedroom £110

2 Bedroom £165

3 Bedroom £200

Snagging Survey 1 1 Bedroom £325

2 Bedroom £350

3 Bedroom £375

Registering of Deposit with Tenancy Deposit Scheme (TDS) £30

Optional Services

Vacant Property Visits £50

Rental Guarantee Insurance £150+ 5

Annual Gas Safety Inspections £54

Legionella Testing £300

Portable Appliance Test (PAT) Testing £54/hr. 3

Electrical Installation Condition Report (EICR) £125 4

Property Inspection (Outside of included two inspections a year) £55 2Hourly Rate for Misc Tasks

Professional Cleaner £150 - £350 5

£55

Eviction ChargesAttendance to Court Hearings £250

Serving Section 21 Notices £50

Deed of Surrender £55

Please visit our website for full fees explained1: Snagging fee is charged only on handover of the property from the developer to the landlord2: Property inspection fee is per inspection3: Covers testing for 20 appliances4: EICR must be done every 5 years, and EICR inspection includes PAT Testing5: Variable rate dependent on the size of the property. For an accurate quotation, reach out to

property manager

Handover Fees (For New Build)

Letting Fee New Tenants: Half a calendar month’s Rent

Renewals: Equivalent of 14 days Rent

£425

£450

£475

Non RICS RICS

Legal Requirements & Best Practice£80 2

£125 3

£100

£40

£80

£120

Snagging Survey 1 1 Bedroom £325

2 Bedroom £350

3 Bedroom £375

Additional Administrative & Miscellaneous Tasks

Property Inspection (Outside of included two inspections a year)

£5 per key

Rental Guarantee Insurance £150+ 4

Obtain Head Lease and/or obtaining Proof of Ownership £40

Obtain Quote for Building or Refurbishment Work £30

Copying of Keys

£30 5

Handling of Non-Residential Landlord’s Tax Affairs

Obtain Landlord Insurance Quote £30

£100 per annum

Eviction ChargesCourt or Bailiff Attendance £100 per day

£50

Deed of Surrender £55

Please visit our website for full fees explained1: Snagging fee is charged only on handover of the property from the developer to the landlord2: Gas Safety Inspection must be done every year, by a gas safe registered engineer3: EICR must be done every 5 years, and EICR inspection includes PAT Testing4: Variable rate dependent on the size of the property. For an accurate quotation, reach out to property manager5: Property inspection fee is per inspection

Handover Fees (For New Build)

Gas Safety Certificate

Electrical Installation Condition Report

Energy Performance Certificate

Smoke Alarms & Carbon Monoxide Certificate

Portable Appliance Test

Legionella Risk Assessment

£425

£450

£475

Non RICS RICS

Tenancy Renewal£300

£200

Managed

Let Only

Serving of Section 21 Notice

Arrange & Supervise Building or Refurbishment Work 12%(of total costs of the work)

Tenancy Agreement Related Fees Check In 1 Bedroom - £55 2 Bedroom - £82 3 Bedroom - £110

Check Out 1 Bedroom - £110 2 Bedroom - £165 3 Bedroom - £200

LETTINGS & MANAGEMENT OFFERINGSPricing, presentation and marketing advice

Professional photographs, floor plans

Online promotion, including portals

Accompanied viewings and feedback

Pre-tenancy negotiations

Preparing the tenancy agreement

Initial Right to Rent checks

Collecting the tenant’s deposit

Protecting the tenant’s deposit (via TDS)

Providing rent and legal protection insurance information (if required)

Arrange check in inventory

Booking safety checks (including gas, electrical,smoke and carbon monoxide alarms)Providing mandatory pre-tenancy documents to tenants

Handing over keys to tenants

Ongoing collection of rent throughout tenancy

Regular client accounting statements

Chasing late rent payments

Rent review and tenancy term re-negotiation (prior to the end of each initial fixed term)Administration of tenancy renewal

Filtering of tenant enquiries/requests (no direct contact for landlords)

Experienced property management

Transfer of utility accounts at start/end of tenancies

Key holding service

Annual and periodic safety inspections

Documentation updates to tenants during tenancy

Oversight of routine maintenance and repairs

Property visit every six months

Access to preferential rates and approved contractors

Renewal Stage

Contact all Parties to Assess Plans

Handling all Negotiations

Drawing up Renewal Agreements and Accompanying Documents

Right to Rent re-check service

End of Tenancy

Key Holding

Arranging the Check-Out

End of tenancy deposit apportionment and return

CONTACT USLike your friends, we at Burkhart Property Solutions have got you and your property covered. Let us do the heavy lifting for you. Send us an email, or pop in for a drink. We’d love to chat to you about your current or future property management plans.

Website:www.burkhartproperty.com

Emailinfo@burkhartproperty.com

Address(Hong Kong Office): 21/F, Unit B, Man On Commercial Building, 12 Jubilee Street, Central, Hong Kong

(United Kingdom Office):40 Caythorpe Street, Manchester, M144UF

12A Beechroyd,Pudsey, Leeds, LS28 8BH