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25th Year
Rawlinson Gold Residential Lettings

Landlords Fees

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Landlord Services & Fees

INTRODUCTION ONLY SERVICE INCLUDES:

RENT COLLECTION SERVICE INCLUDES ALL OF THE ABOVE PLUS:

FULL MANAGEMENT SERVICE INCLUDES ALL OF THE ABOVE PLUS:

ADDITIONAL OPTIONAL SERVICES AND CHARGES:

REFURBISHMENT: Arrange and supervise maintenance work, redecoration and/or refurbishment: a fee of 10% + VAT of the total cost of the work
CONSENT TO LET: Application to mortgage lender or superior landlord of the property at a charge per application of £30.00, plus VAT
INSURANCE CLAIMS: Submit and negotiate insurance claims on landlord’s behalf. An administration charge of 10% applied to the total of any claim exceeding £100.00
EMPTY PROPERTIES: We may inspect the property at agreed intervals at the landlords request. The cost of each visit is £35, plus VAT
PROPERTY VISITS: We will carry out visits to properties at the landlords request. The cost of each visit is £35.00, plus VAT
SAFETY: On non-managed properties any statutory obligation imposed in relation to repairs or relevant safety regulations will be charged to you as appropriate at 10%, plus VAT, of the cost
ENERGY PERFORMANCE CERTIFICATES: We can arrange for a suitably qualified inspector to visit your property and carry out a survey if required. The cost of the survey will vary depending on the type of property
INVENTORY & SCHEDULE OF CONDITION & CHECK OUT REPORTS: At the landlords instruction we will arrange for a full inventory/check out report to be carried out by an independent inventory company. Costs vary for each property and by provider.

 

LANDLORD FEES

You will be liable to pay Rawlinson Gold's commission fees for the term of the tenancy including any renewals or extended terms of the agreement whether or not Rawlinson Gold are involved in the negotiation of such renewal and regardless of any option for either party to terminate the tenancy before the expiry of the term. Commission rates are calculated as a percentage of the rent that you agree over the term of the tenancy. Commission rates may vary and will be provided to you in writing or by email before the commencement of the tenancy. All fees are subject to VAT.

In the case of fixed term tenancies Renewal commission will be charged in advance for the full term. In the case of periodic tenancies Renewal Commission will be charged in arrears, typically in 6 monthly instalments, until a vacating date is set when you will be invoiced for the remaining period. Rawlinson Gold's fee becomes due and payable in full, in respect of the term, on the signing of the Tenancy Agreement and in respect of each renewed term upon the first day of the new term.

You will be liable to pay Rawlinson Gold's Renewal Commission fees where the original tenant introduced by Rawlinson Gold remains in occupation and where more than one tenant resides, where any or all of the tenants remain in occupation, Rawlinson Gold's Renewal Commission will be payable in full whether or not you require Rawlinson Gold to perform any additional services over and above the introduction of a tenant.

Example fee:

Tenancy term x rent agreed @ percentage commission fee = chargeable fee + VAT @ 20% = Total charge

i.e.: 12 months x £1000 @ 10% = £1200 + 20% VAT = £1440.00

Should the agreed rental terms or rate of commission be higher or lower than the example, our commission fee will be correspondingly higher or lower.

For more information, should you have any questions, please ask the negotiator dealing with your offer for a full break down of costs.

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