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Landlords Fees

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  Bronze Let Only Silver
Let Only Plus
Gold Managed Platinum Managed Plus
Monthly Charge including VAT 60%*
Inc VAT first months
rent
90%*
Inc VAT first months
rent
12.41%
Inc VAT
20%
Inc VAT
Items marked with a ✔ are included, those with ✔ * are paid by you.        
Personal Property Manager     ✔ ✔
Property Appraisal ✔ ✔ ✔ ✔
Valuation ✔ ✔ ✔ ✔
Floor Plan ✔ ✔ ✔ ✔
Photos ✔ ✔ ✔ ✔
Virtual Tour ✔ ✔ ✔ ✔
Virtual Viewings ✔ ✔ ✔ ✔
Supervised Viewings ✔ ✔ ✔ ✔
Tenant referencing & Landlord AML/ Sanctions. ✔ * ✔ * ✔ * ✔
Right to Rent Checks ✔ ✔ ✔ ✔
Preparation of Tenancy Agreement ✔ ✔ ✔ ✔
Electronic Signing of Tenancy Agreement ✔ ✔ ✔ ✔
Registration of Deposit ✔ * ✔ * ✔ * ✔
Obtaining Energy Performance Certificate   ✔ * ✔ * ✔
Arranging EICR   ✔ * ✔ * ✔
Arranging Gas Safe Certificate   ✔ * ✔ * ✔
Arranging Portable Appliance Testing   ✔ * ✔ * ✔
Arranging Legionella Test   ✔ * ✔ * ✔
Arranging Professional Inventory   ✔ * ✔ * ✔
Arranging Check Out Inspection   ✔ * ✔ * ✔
Bi-annual Property Reviews     ✔ ✔
Arranging Emergency Repairs - 24/7 cover     ✔ ✔
Dealing with day to day general repairs and maintenance on your behalf.     ✔ ✔
Proactive maintenance protecting your valuable property     ✔ ✔
Personal Annual Review including written condition report, and proposals of any anticipated work for the following year together with a Virtual on line meeting for a general review.       ✔
Landlord AML/Sanction Check per individual £15.00 £15.00 £15.00 ✔
Referencing per tenant £25.00 £25.00 £80.00 ✔
Registration of Deposit     £36.00 ✔
Letting Fee     £120.00 ✔
Inventory and Check Out     Cost dependant on number of bedrooms and
furnishing
✔
Preparation & Serving of S21 Notice £75.00 £240.00 ✔ ✔
Tenancy Renewal £240.00 £240.00 £120.00 ✔
Student Renewal £480.00 £480.00    
Additional Property Reviews     £85.00 ✔
Deposit Disputes that go to the TDS     £150.00 ✔
Negotiate with tenants & Prepare Section 13 Notice     £80.00 ✔
Negotiate with tribunal (minimum charge)     £30.00 ✔
Prepare Section 13 Notice £80.00 £80.00    
Arrangement and Overseeing of Works, invoice/s in excess of
£1000.00 inc VAT
    12%  
Arrangement and Overseeing of Works, invoice/s in excess of
£8000.00 inc VAT
      12%
Void property visit & report.     £75.00 £75.00

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Landlord Fees

All fees include VAT at 20%
 

Full Property Management

We offer a comprehensive service which allows landlords to enjoy the fruits of their valuable investment while we look after their property.

This includes:

  • Finding a suitable tenant and completing the necessary legal documents.
  • Property appraisal and marketing.
  • Rent negotiation.
  • Preparation of tenancy agreement.
  • Obtaining reference from previous UK-based landlord, where appropriate. 
  • Credit check of non-student tenants, and guarantors of student tenants. 
  • Right to Rent checks. 
  • Collection of tenant security deposit and registration with government-backed tenancy deposit scheme.
  • Day-to-day managing of the property (taking on the hassle!).
  • Obtaining and renewing Electrical Fittings and Appliances Certificates.
  • Obtaining and renewing Gas Safety Certificate.
  • Collecting the monthly rent due.
  • Dealing with day-to-day general repairs and maintenance on your behalf, subject to an agreed limit.
  • Arranging for emergency repairs.
  • Regular property inspections.
  • Pro-active maintenance, thereby protecting your asset.
  • Checkout inspection.
  • Handling return of deposit to tenants and any correspondence with TDS.
  • Preparation of Prescribed Information for registration of deposit.

Charges

Family Home:

12% of the monthly rental income.

Letting fee: £120.00 for each new tenancy.

Deposit Registration Fee: £36.00 for each new tenancy.

Preparation of detailed Unfurnished Inventory:

  • 1 bedroom property: £96.00
  • 2 bedroom property: £108.00
  • 3 bedroom property: £126.00
  • 4 bedroom property: £150.00
  • 5 bedroom property: £186.00

There is an additional cost for furnished property, subject to the extent of the furnishings. 

Processing Tenant Application: £80.00 per adult tenant. 

 

Shared/Student Home:

14.4% of the monthly rental income.

Letting fee: £120.00 for each new tenancy.

Deposit Registration Fee: £36.00 for each new tenancy.

Combined Fee for Processing Application and Checkout Report:

  • 1 bedroom property: £141.00 per tenant
  • 2 bedroom property: £119.00 per tenant
  • 3 bedroom property: £112.00 per tenant
  • 4 bedroom property: £110 per tenant
  • 5 bedroom property: £107 per tenant
  • 6 bedroom property: £105 per tenant.

Re-letting fee:

Tenancy renewal to existing tenant for the service of arranging a further fixed term, or reviewing and implementing any increase in the rent to an existing tenant: £60.00.

 
What does the management fee not cover?
  • If repairs etc. exceed £750.00, Cambridge Property Lettings applies an additional management charge of 18% of the net cost.
  • Cost of any work on the property and appliances.
  • Cost of obtaining the gas and electrical appliances certificates.
  • Any legal or professional fees incurred with your approval.

 


Non Managed (inc VAT)

This involves finding a suitable tenant and completing the necessary legal documents.

The service includes:

  • Property appraisal and marketing
  • Rent negotiation
  • Obtaining reference from previous UK-based landlord, where appropriate
  • Credit check of non-student tenants, and guarantors of student tenants
  • Right to Rent checks
  • Collection of first month's rent and deposit
  • Preparation of Prescribed Information for the deposit
  • Registration of deposit with government-approved scheme.

Fees:

  • A one-off fee of 60% of the first month's rent, subject to a £600.00 minimum charge to be deducted from the first month's rent.
  • Referencing fee: £25.00 per tenant aged over 18, to include guarantor if applicable. 

Cambridge Property Lettings is a part of the Propertymark Client Money Protection Scheme.

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