Property consultants
Property consultants
Landlord Fee Schedule
In accordance with the Consumer Rights Act 2015, Smartrose Estates Ltd publishes the following fees for landlords.
|
Service |
Fee |
|
Full Property Management |
10% of monthly rent collected |
|
Let Only |
8% of the agreed tenancy rent |
|
Major Works Management (works exceeding £1,000) |
10% of the value of the works |
|
Property Licensing Application |
£150.00 per application |
|
Vacant Property Management |
5% of the expected monthly rental income |
|
Property Sales & Acquisitions |
1.5% of the purchase or sale price |
|
Property Inspections (where not included within the management service) |
£50.00 per inspection or the cost charged by the inspecting professional, whichever is applicable |
|
Insurance Claim Administration |
10% of the value of the insurance claim |
VAT
All fees shown above are subject to VAT at the prevailing rate, where applicable.
Third-Party Costs
Any disbursements or out-of-pocket expenses incurred on the landlord’s behalf, including but not limited to contractor charges, inventories, professional reports, legal fees, licensing fees, court fees and other specialist services, will be payable by the landlord in addition to the fees listed above.