Landlord Fee Structure

Initial takeover of tenancy: £200.00

This includes:

Ensure all legal requirements are met. We would communicate with you if any requirement needs updating to legal standards, pre-agree quotes from our trusted vendors, arrange any necessary work to be performed and/or certified, and forward invoices for payment as incurred.
Create a tenancy “handbook” which would be regularly reviewed/updated as necessary, and would be yours to keep. It would include Operating manuals o Location and operation of key features e.g. boiler, electricity, water o Provide emergency contact numbers
Organise and supervise floor plans and photography at a pre-agreed cost
Prepare a tenant and landlord “charter”, stating respective responsibilities in terms of maintenance
initial inventory and condition check with photographs.

This includes:

Advise on rent expectation
Find a suitable tenant
Perform all checks:
- Tenant Right to Rent
- Credit check
- References
- Affordability
Prepare tenancy agreement
Set up tenancy
Provide tenant with all legal documentation
Initial handover
Visit tenant within first two weeks
Inventory and condition agree with Tenant
Organise guarantor if required
Liaise with utility suppliers and local authority.

Please note this does not include rent collection.

Collecting deposit and lodge with a deposit protection scheme. We use DPS.
Ensure rent is paid on time. Pursue rent arrears. We are members of the property redress scheme.
Liaise with tenants and landlord regarding minor repairs. Cost of repairs charged to landlord or tenant as per terms of the AST.
If any major works are required, any costs and additional fees will be pre-agreed with the landlord.
Negotiate tenancy renewal/termination.
Negotiate annual rent review.
A minimum of two inspections per annum with report to the landlord and tenant.
Organise annual gas check if appropriate • Organise EPC and Electrical certificates as/when required.
Communicate with the landlord regarding legislative changes/proposed changes

BForder Homes fees and agreed costs to be invoiced monthly. All fees include VAT where appropriate.