NOTICE OF FEES to LANDORDS

Everest is a Guild Member

Client Money Protection with UKALA

Independent Redress provided by PRS

LETTING SERVICE: 8% (No VAT) Calculated on the annual rent

Includes:

• Full Marketing
• Introducing a Tenant (s)
• Negotiate terms for an initial tenancy
• Independent tenant assessment
• Prepare tenancy agreement
• £0 excess Rent Guarantee with legal backup – Additional Charge
• Collect initial months’ rent and dilapidations deposit
• Provide tenant with method of rental payment
• Deduct any pre-tenancy invoices
• Register deposit as required
• Review the rent and negotiate any subsequent renewal of the tenancy
• Advice on legal compliance

RENT COLLECTION: 14% (No VAT) Calculated on the annual rent

INCLUDES the LETTING SERVICE:

And:

• Collecting the rent and make payment to Landlord
• Chasing non-payment of rent or any possible shortfalls
• Submitting a rent claim to the insurance company under the rent guarantee (if required)
• Attend court to gain possession of the property should the tenant fail to pay the rent (if required)
• Deduct any pre-tenancy invoices.
• Make any HMRC deduction as required (if relevant)

MANAGEMENT: 18% (No VAT) Calculated on the annual rent

INCLUDES the LETTING and RENT COLLECTION services

And:

• Undertake inspections on a six monthly basis and report to Landlord
• Arrange maintenance and repairs and arrange payment of invoices (subject to charges below)
• Hold keys throughout tenancy
• Serve appropriate notices
• Handle return of deposit and any disputes
• Attend Court for possession hearings if required
• Advise all relevant utility providers of changes
• Dedicated property manager
• 24/7 Emergency telephone line

We also offer Guaranteed Rent/Hassle Free Renting

Additional Non-Optional Fees and charges (irrespective of level of service)

Renewal Fee (landlords share): 5% (No VAT) Calculated on the annual rent

Advice on current rent, contract negotiation, amending and updating terms and arranging a further tenancy and agreement.

Inventory Fee (landlords share): Between £160.00 and £250.00 at check in.

Dependent on the number of bedrooms and/or size of the property and outbuildings

Additional property visits: £99.00 per visit

To attend for specific requests such as neighbour disputes; more visits are required to monitor the tenancy; or any maintenance-linked visit

Arrangement Fee for third party and sub-contractors: 20% (NO VAT) of net cost.

Arranging access and assessing costs with contractor; Ensuring work has been carried out in accordance with the specification of works;

Retaining any warranty or guarantee as a result of any works. ALL third party invoices include this fee.

Checkout Fee (landlords share): £150 for managed properties only. Not available to other service levels

Agree with tenant check out date and time appointment; Instruct inventory provider to attend; negotiate with landlord and tenant any disbursement of the security deposit, return deposit as agreed with landlord and tenant to relevant parties; Remit any disputed amount to Scheme for final adjudication; Unprotect security deposit;

Instruct contractors; obtain quotes; organise repairs /replacement/cost of any broken or missing items.

Court Attendance: £0 for managed properties only. Not available to other service levels.

IF YOU HAVE ANY QUESTIONS ON OUR FEES, PLEASE ASK A MEMBER OF STAFF