Letting Fees and Charges
Full Managemenet service
16.8% (Inclusive of VAT)
| Subject to minimum fee listed below |
| £1300 plus VAT 12 Months; |
| £1800 plus VAT 18 months |
| £2300 plus VAT 24 months |
Rent Collection Service
14.4% (inclusive of VAT)
| Subject to minimum fee listed below |
| £1100 plus VAT 12 Months; |
| £1600 plus VAT 18 months |
| £2100 plus VAT 24 months |
Letting Only Service
12% (Inclusive of VAT)
| Subject to minimum fee listed below |
| £1000 plus VAT 12 Months; |
| £1500 plus VAT 18 months |
| £2000 plus VAT 24 months |
The following charges are for any tenancy type. Davis & Gibbs reserves the right to change these fees at any time. All fees are + VAT.
| Service | Charge |
| Tenancy Inspection during tenancy | £50+VAT (each report) |
| Tenancy Agreement | £100+VAT |
| Landlords Gas Safety Certificate | £100+VAT |
| Energy Performance Certificate | £100+VAT |
| Electrical Installation Condition Report or EICR | £250+VAT |
| Independent Inventory & Schedule of condition reports ( Check in & Check Out) | £300+VAT |
| Cancelling a let before a tenant moves in | £1000+VAT |
| Interest on unpaid fees or other money | 3% above Bank of England base rate per annum, calculated daily |
| Service | Charge for Assured Shorthold Tenancies | Charge for Non-Housing Tenancies | Charge for Company Tenancies |
| Right to Rent checks | £40 + VAT per person | £40 + VAT per person | |
| Deposit registration | £100 +VAT per tenancy | ||
| Inventory check-in | £150+VAT | 3rd party charge | 3rd party charge |
| Inventory check-out | £150+VAT | 3rd party charge | 3rd party charge |
| Change in any sharer | £400+VAT | ||
| Change in any additional sharer that takes place at the same time as above | £150 +VAT | ||
| Right to Rent follow-up for expiring time limited document check | £40 +VAT | £40 +VAT |
These charges are dependent on whether or not you ask us to carry out any of the services
| Service | Charge for Assured Shorthold Tenancies | Charge for Non- Housing Act Tenancies | Charge for Company Tenancies |
| Change in ownership set-up, per property based on the work involved | £120 to £600 | £120 to £600 | £120 to £600 |
| Serving a Section 13 Notice / Section 8 Notice | £50 | £50 | £50 |
| Attending court per hour | £120 | £120 | £120 |
| Attending court (one of our Directors) per hour | £240 | £240 | £240 |
| Sending a CHAPS payment in the UK | £30 | £30 | £30 |
| Making a payment outside the UK | £30 | £30 | £30 |
| Submitting non-resident landlord returns to HMRC per landlord | £120 per quarter | £120 per quarter | £120 per quarter |
| Consolidated statement | £30 | £30 | £30 |
| Copy of head lease from the HM Land Registry website (where available) | £10 +VAT | £10 +VAT | £10 +VAT |
| Transferring deposit to landlord or other agent during tenancy | £120 | ||
| Helping you recover deposits through TDS adjudication | £120 per hour | ||
| For managed tenancies only: | |||
| Handle payment of any service charges | £120 per year | £120 per year | £120 per year |
| Arranging works or Repairs | 10% +VAT of net cost of works Minimum £20 +VAT or whichever is greater. | 10% +VAT of net cost of works Minimum £20 +VAT or whichever is greater. | 10% +VAT of net cost of works Minimum £20 +VAT or whichever is greater. |
| Assisting with any licensing application | £400 +VAT Plus, the cost of the license which varies depending on the local authority (approximate cost £500-£750) | £400 +VAT Plus, the cost of the license which varies depending on the local authority (approximate cost £500-£750) | £400 +VAT Plus, the cost of the license which varies depending on the local authority (approximate cost £500-£750) |
| For non-managed tenancies only: | |||
| Serving a Section 21 Notice (included with management service) | £50 +VAT | £50 +VAT | £50 +VAT |
