Fees for landlords

South West London Property Management – A Professional, Personal Service

Fees For Landlords

Tenant finding service (including rent collection) 10.8% inc Vat (9% exc) 9.6% inc vat (8% exc) indudes:

Effective advertising, including window display, our website and top leading property portals including zoopla and primelocation, contacting our applicant database, erecting a sign board outside property.

Thorough tenant screening, using a trusted external reference company, checking and taking passport copies and proof of address.

Preparation, arranging of any works required before tenants move in including any maintenance, safety checks, cleaning, inventories. Collection of tenants first months rent in advance and help in arranging deposit holding.

Collection of rent throughout tenancy, chasing of all late rents, keeping you informed of the situation

Holding of keys throughout tenancy.

Your fee will reduce to 8.4% inc Vat (7% exc) for subsequent years where the same Tenant remains

Rent collection service 12% inc vat (10% exc) includes:

Includes all of above, plus collection of rent throughout tenancy, chasing of all late rents, keeping you informed of situation.

Management service 16.8% inc vat (14% exc) includes:

Includes all of above, in addition, day to day running of your property, holding of deposit, six monthly property inspections and report on findings, tenants point of contact for problems or just queries, arranging of maintenance quotes and works, accessing property when tenants leave and arranging of return of deposit.

Additional fees

Tenancy agreement fee £240.00 inc Vat (£200.00 exc)

(landlords share) agreeing terms of tenancy, preparing agreement.

Inventory clerk inventory/check in fee approx £60.00 - £250.00

(landlords share) independent inventory clerk recording contents and condition of property, collecting meter readings and releasing of keys (cost dependent on size of property).

Holding of deposit £42.00 inc vat (£35.00 exc) per year not applicable for managed properties

Deposits are held by revere, we have client money protection and will register deposit with mydeposit

Consultancy fee £120.00 inc Vat (£100.00 exc)

Any additional works including (though not limited to) additional property visits, waiting time at properties, installing smoke/carbon monoxide alarms.